Mizner ParkBuilding a new home in downtown Boca will soon be a thing of the past. If you're looking to build in this area, you better make a decision very soon.

The downtown area has 469 residential units under construction and anther 558 expected to be under construction by the middle of 2014. This has caused the downtown area to run out of residential space.

In fact, 88% of the downtown space allocated for residential units has been developed or scheduled for development. This reality causes the potential for many changes for the future of downtown Boca.

The city will most likely need to look at some of the office and retail space to change the current mix. They may need to expand the amount of square footage approved for building or they may need to expand…

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THIS WAS NOT A SHORT SALE!

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I just listed and sold this fabulous five bedroom Keeneland model with numerous upgrades in Casa Bella. Casa Bella is a new home community in Delray Beach, in the “Millionaire’s Row” area of Jog Rd near Linton. This Delray Beach real estate listing was on the market for only two and a half months when we got it under contract. The asking price was $569,000 and it closed at the end of July 2011 for $540,000 (95% of list price!). The Sellers paid $799,000 when they purchased the house as new construction in August 2007, a decline in market value of a third.

Well the sellers loss is the Buyers gain as they will enjoy this fabulous house in a central Boca/Delray location with numerous amenities and Boca schools as…

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