Discover Palm Beach Shores’ Newest Developments
If you’re in search of the epitome of luxury living, look no further than the serene town of Palm Beach Shores. This hidden gem on Singer Island is undergoing a transformation with the introduction of three spectacular new developments that promise to redefine waterfront living in South Florida. Let’s take a closer look at what these exclusive projects have to offer:
1. HAVN Residences and Yacht Club by Nationwide Realty Investors
Formerly known as the Cannonsport condominium and marina, HAVN is set to become the premier destination for discerning buyers seeking unparalleled luxury and sophistication. With 36 units nestled along the Intracoastal Waterway, this waterfront development boasts renovated condominiums priced between $2 million and $4 million.
Purchased by an investor in October 2023 for a staggering $58.5 million, the HAVN Residences and Yacht Club will feature a host of lavish amenities, including 52 boat slips accommodating vessels ranging from 30 to 150 feet. Strict height regulations in Palm Beach Shores ensure that upgrades at HAVN focus on internal renovations, with added lifestyle features such as onsite concierge services and recreational equipment.
2. Pearl by The Atlantic Group of Companies.
Pearl is an exclusive collection of 18 expansive residences set to redefine luxury living on Singer Island. With groundbreaking planned for the first quarter of 2024 and completion scheduled for the fourth quarter of 2025, Pearl offers a unique blend of sophistication and tranquility.
Designed by The D’Antonio Group and featuring interior design by Carla Guilhem Design, Pearl promises uninterrupted views of the Atlantic Ocean and stunning Florida sunsets. Ranging from 2,400 to 7,000 square feet, each residence offers customizable options and access to 20,000 square feet of indoor and outdoor amenities, including a rooftop pool with ocean views and beachside cabanas.
3. The Driftwood by WCIP Commercial Properties
The Driftwood offers a contemporary retreat from the bustling condo complexes, with only five units designed to provide the perfect space to call home. Situated on Singer Island, this modern development boasts waterfront views of the Intracoastal and pool right from your living room.
Featuring glass-enclosed primary suites and oversized balconies, The Driftwood epitomizes modern design and high-end living. With a focus on spacious floor plans and high-quality materials, this development offers a truly unique opportunity to experience luxury waterfront living at its finest.
In conclusion, Palm Beach Shores is poised to become the ultimate destination for luxury real estate in South Florida, with HAVN, Pearl, and The Driftwood leading the way in redefining waterfront living. Whether you’re seeking a lavish condominium or a contemporary retreat, these developments offer something truly extraordinary for discerning buyers.
In related news The Ocean Walk Mall (formerly known as Ocean Mall), situated on prime beachfront property on Singer Island, was recently purchased for $19.2 million by a consortium of real estate investors, notably including the renowned developer Related Group of Miami. Renowned as the sole retail space in northern Palm Beach County directly adjacent to a public beach access, the open-air mall holds significant appeal in the post-pandemic real estate market where oceanfront locations are highly sought after. With shops, restaurants, and bars overlooking the beach, the property represents a valuable asset. The sale, approved by Riviera Beach commissioners last month, involves a ground-lease transfer where the buyer, including BH Group from Aventura, owns the buildings while renting the land from the city. Pebb Capital, the seller, acquired rights to the ground lease in 2017 for $7.55 million, reflecting the escalating property values in recent years.