South Florida New Construction Experts

Is Now A Good Time to Invest in Boca Raton?

_{The Following Item Appeared in the Florida Business Journal!}

Glenn Gromann to invest $1B in Boca Raton redevelopment projects

July 27, 2011 12:45PM

Real estate development executive Glenn Gromann has announced his intention to invest around $1 billion in redevelopment projects in Boca Raton, the Florida Real Estate Journal reported...  Gromann...  is seeking foreign investment to help in the completion of a mixed-use project nearby, speculatively named the Fountains at Town Center. ..  [and] looking to build two or three boutique hotels in Downtown Boca and on Atlantic Avenue in Delray.

Read full article at  [FREJ]

CHECK OUT BOCA RATON PROPERTIES:

Boca Raton Condos
http://www.mazorcondos.com/BocaRaton/index.htm

Boca Raton Single Family Homes
http://www.mazorhomes.com/MazorHomes1/BocaRaton/BocaHomes.htm

Boca Raton  Town Homes - http://www.mazorhomes.com/MazorTownHomes/bocaraton/BocaTownHomes.htm

OPPORTUNITES:

Distressed and Below Market Boca Grand Listingshttp://rmlsfl.mlxchange.com/DotNet/Pub/EmailView.aspx?r=1146302650&s=RML&t=RML

Bank Owned Unit at Palmetto Place - Boca Raton
http://rmlsfl.mlxchange.com/DotNet/Pub/EmailView.aspx?r=973812213&s=RML&t=RML

 

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CURRENT NEW CONSTRUCTION OPPORTUNITIES
--- Boca Raton:  Brand New White-Glove Service Condominium Complex near Mizner Park!
Residences priced from $590,000s and Up - huge reduction off pre-construction pricing.
http://sarahmazor.com/communities/Boca_Raton/MZ00024.htm

--- Boynton Beach:  Brand New Condo on the Intracoastal!
Units priced from $150,000 and Up for One Bedroom units, $240,000s and up for two bedroom units. Way below pre-construction pricing!   Gorgeous Finishes! 
http://www.mazorcondos.com/Boynton/promenade/index.htm

--- West Palm Beach: Brand New Condos in CityPlace! From mid $100,000s and up.
Great location, incredible amenities, steps from Shopping, Dining, Entertainment.
Fabulous Downtown living at Affordable prices!
http://www.mazorcondos.com/WPB/SouthTower/index.htm

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Has the housing market bounced back?  Housing prices in Florida are still far lower than they were just five years ago.  However, though prices are still at a low, there is more velocity in the market, as short sale, bank owned, and other distressed properties are slowly being absorbed.  According to the latest housing statistics, about 75% of sold and closed units consisted of foreclosed and short-sale transactions. 

DISTRESSED PROPERTY  INVENTORY:
1. Short Sales
2. Bank Owned / Foreclosures
3. Owners selling at loss
4. BRAND NEW - Repossessed Developer Units

 Call 561-998-9500 Info@MazorRealty.com