Laura Cole & Tana Gaskill
561.758.8625 561.389.6838
Illustrated Properties
Newsletter April, 2018
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Spring has sprung, the new ducklings are adorable and the orchids are in full bloom. Some friends are beginning to leave town for Northern summer holidays and year-round residents are saying good-bye. The Pavillion will come down the end of May and the countdown to the fabulous new Clubhouse will begin!.
Once again we feature another mouth-watering review from our favorite resident gourmet critic, Vicki Slotnick. Be sure to read her marvelous review of Cucina Cabana, her new special dining find!
And of course, don't forget to keep up with Real Estate Trends and property news in BallenIsles. This month we reprint information on The Investor Program for renovating and flipping older properties. It is a win-win-win for investors, buyers and the community. Read all about it below.
Regards from us,
Laura & Tana
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Featured Property
Marina Grande, #802
Spectacular NE view of the Intracoastal and the ocean from this luxury condo less than 5 minutes from Palm Beach Inlet. This unit has 2 bedrooms, 2.5 baths and is a true boaters paradise with concierge service at the state of the art dry storage marina next door. Interior features include granite kitchen counter tops, cherry wood cabinetry, washer/dryer in unit, large terrace with awesome views. Fabulous building amenities include rooftop tennis, pool, patio, Fitness and Game room. Ideal waterfront home or investment income property. Owner/agents.
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Restaurant Review
Cucina Cabana - by Vicki Slotnick
I know, I know, I can hear you saying, "Yet another Italian restaurant?????" And yes, you are right. But this one's not just another Italian restaurant...I've been there twice in the past couple of months and twice they didn't disappoint me, or my dining partners.
To start with, when you make a reservation, if you want to be able to have conversation and a dining experience, ask for the left side dining room and try to dine before the nightly entertainment begins. If you would prefer to hang by the very attractive bar and enjoy live nightly entertainment, and if you prefer a more "happening", noisier atmosphere, ask for seating on the right. There is outside dining as well, and the work being done to the entire center is creating a much-needed improvement to that outside dining. The inside was redecorated after the previous tenants left, looking chic with interesting indirect lighting, very comfortable too, with several oval banquette tables that easily accommodate six people. Needless to say, there are all sorts of other seating options as well, including for private parties.
We were promptly seated, our drink orders were taken just as promptly, and received good bread to dunk in garlic filled olive oil. A busboy followed in rapid succession with the cheese grater. Yay, love that sharp and salty imported and aged Parmegiano Reggiano! Read the menu carefully...there are plenty of selections from a variety of categories: Antipasto, Insalata, Salumi (not available the two times we were there, and I don't know why), Pasta, Carne, Vitello, Pollo, Pesce, and finally, Dolce. Without going into each dish which each of us had, I can tell you that we all were very happy with our food, although our selections tasted better than they looked. Not bad, but not stunning either.
The management stresses their use of local producers and purveyors. They take advantage of being so close to the Atlantic Ocean in their very fresh fish and seafood. They also offer gluten free and vegetarian options. Our server was efficient, cheerful, and really aimed to please. All in all, I could not find anything to lower my good "marks" for Cucina Cabana.
Cucina Cabana
1201 US Highway 1
No. Palm Beach
Phone - 561-626-1616
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REAL ESTATE TRENDS
BallenIsles Sales
The BallenIsles Country Club board of directors have instituted a brilliant plan for investors to move forward with renovations and resale under extremely attractive conditions. We would be happy to share details; give us a call.
Recent Sales have been brisk and with a new tax code in 2019
, the interest from buyers is stronger than we have seen it in years. We believe that for quality properties, in the most desirable locations, with limited repairs or renovations necessary, and sellers who are prepared to "right price" their properties and ready to move quickly if a reasonable offer is proffered, this is an excellent time to take action.
BALLENISLES SALES YTD*
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#
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ADDRESS
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BR
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BA
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SOLD $
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ORIG. $
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DATE
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MKT TIME
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1
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112 SUNSET BAY DRIVE
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3
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2.5
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$208,000
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$299,900
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01/05/2018
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139
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2
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126 ORCHID CAY DRIVE
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3
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3.0
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$605,000
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$659,000
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01/12/2018
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196
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3
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337 SUNSET BAY LANE
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3
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2.5
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$300,000
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$359,000
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01/16/2018
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124
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4
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124 SUNSET COVE LANE
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4
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2.5
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$325,000
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$365,000
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01/19/2018
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107
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5
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112 ISLE DRIVE
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3
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3.0
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$500,000
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$549,000
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01/22/2018
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5
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6
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43 SAINT THOMAS
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5
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5.5
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$1,565,000
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$1,795,000
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01/31/2018
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584
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7
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309 SUNSET BAY LANE
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4
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3.0
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$487,500
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$499,000
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02/28/2018
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64
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8
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116 BANYAN ISLE DRIVE
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3
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3.0
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$601,486
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$750,000
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02/28/2018
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25
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9
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111D PALM POINT CIRCLE
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3
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3.0
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$320,000
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$409,000
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03/01/2018
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436
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10
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124 VINTAGE ISLE LANE
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5
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5.0
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$1,073,493
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$1,299,000
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03/07/2018
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242
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11
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54 ST GEORGE PLACE
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4
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4.5
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$1,125,000
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$1,199,000
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03/15/2018
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381
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12
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128 SUNSET BAY DRIVE
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3
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2.5
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$270,000
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$349,000
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03/19/2018
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91
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13
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1044 GRAND ISLE TERRACE
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5
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6.5
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$1,300,000
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$1,399,000
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03/20/2018
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48
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14
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105 VICTORIA BAY COURT
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3
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2.5
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$365,000
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$429,000
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03/28/2018
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198
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*This representation is based on data supplied by the Realtors Association of the Palm Beaches or its Multiple Listing Services thru 04/06/2018.
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