Year End 2018 Celebrity Real Estate News

Palm Beach County Targets Luxury Market Attractive to the Stars

You don’t have to travel to a foreign country to enjoy all the amenities as Boca Raton offers it all. Furthermore, there’s no blunder the stars like to live and own property in this luxurious market. This week’s blog focuses on some these attractive people who have an extensive portfolio including A-1 real estate found at our beach town and throughout South Florida.

Why Celebs Like Living in Boca Raton and Palm Beach County

From Bill Gates to Ariana Grande Palm Beach County is a playground for high-profile millionaires and celebrities. Both Boca Raton and neighboring Palm Beach County housing offer unique luxurious properties with sparkling character and only the highest craftsmanship. Not to mention, there’s tons of recreational space including some of the world’s most spectacular golf courses, yacht life, and nightlife. Who can blame these jet-setting individuals for wanting a home in the country’s “playground for the wealthy?” In addition, some of the best fishing, beaches, and wildlife, can be found in this beguiling city in the USA.

Easy Access to Miami Beach and DJ Khaled’s New Palace

Realtor.com reports DJ Khaled is selling his Miami mansion for $7.9 million could he be moving to Boca Raton? The musical artist frequently showcases his ‘crib’ with his social media presence. According to the article, Mr. Khaled is only 43 and bought the property for $3.59 million for the 7000 square foot estate. The man is known to decorate with extravagant décors such as gold lions and crystal chandeliers. We hear he’s selling to move into a much bigger palace in the tune of 13,000 square feet. While the city of Miami isn’t far from Boca Raton, it certainly is a fast drive or better yet, nice boat ride to your destination. The waterways may be one big reason, so many commuters buy homes in our area? Not to disappoint you, we did hear Khaled will be moving to a bigger home on Miami Beach. With the convenience of the I-95 or the intracoastal, maybe we’ll be on his housewarming guest list?

Bill Gates Loves His Florida Neighborhood So Much, He’s Buying the Whole Street!

Besides party invitations, another high-profile celeb has a South Florida House. Bill Gates owned his Wellington Equestrian Estate and purchased his horse ranch in the town only a few years ago. Reporters write the Microsoft Billionaire wanting to buy an entire street of real estate. Also, according to Bill Gates, his motivation for purchasing the plantation was for his daughter who competes with equestrian jumping. Moreover, Wellington is a superb area for attending the International Polo Club as well as the Winter Equestrian Festival that will launch next month. Yet another reason to invest in real estate around Palm Beach County? Did we mention, it’s less than an hour from Boca Raton?

Boca Resident, Adam Sandler is a Humble Guy

Comedy writer and performer, Adam Sandler lives in our ‘neck of the woods’ and is frequently seen hanging around town. Last month, the star created a memorable moment with a newlywed couple posing in a photo while he was at Pavillion Grille. Their special day will be cherished forever by the bride and groom the Boca Raton resident’s kind gesture. While the area seems like it’s the next Beverly Hills, celebrity homeowners continue being humble. We’re not sure, but we think the humility is often promoted by all that Florida sun!

Singer, Ariana Grande Escapes with Peace and Solace at Mom’s Les Jardin Estate

Besides comedy writers and software geniuses, Grammy Award winner, Ariana Grande grew up in Boca Raton. The little beach town musician was mentioned on realtor.com when her childhood home went up for sale in January of 2018. In addition, the performer often visits her mother at her Les Jardins Community when she’s not touring. The properties found at this country club estate is just what Ms. Grande needed. Family, friends and a tropical oasis allows for plenty of rest and relaxation when you’re not touring around the world. Perhaps, this is another reason why the upper class enjoys their time in Palm Beach County?

The Late Aretha Franklin Teaches Boca Raton Residents About Probate

Since it’s no secret the upscale crowd loves our little city, their stories do make big news. That also includes probate and real estate news amongst the stars. For instance, when vocalist Aretha Franklin passed away in August, the announcement went viral because of her family’s probate issues. The tragic stories were setting off tons of news sources as they found, there wasn’t a will in place for the 74-year old mega-star. As you can imagine, her Boca Raton family was in a world of hurt with the tragic passing and not having a trust? However, the news prompted people around the country to have the right legal paperwork to avoid such a burden. While she’s one performer who will be missed, her legal case teaches a valuable lesson to us homeowners and fans everywhere.

Trump Predicted to Buy More Properties in South Florida

Donald Trump and his Mar-a-Lago home made plenty of newsworthy stories this past year. The President often frequents the Palm Beach property as well as his many South Florida businesses. However, the Palm Beach Post published in January, Trump targeting more real estate investments including Boca Raton. Writer Alexandra Clough describes this area as a “sizzling” real estate market, and we don’t think she’s talking about the weather! It seems to be true when one of the nation’s most influential realtor families is looking to invest in prime real estate, there’s a crowd who will pay attention.

Billy Joel’s Palm Beach Boo-Boo

In an article found on our blog a few weeks ago, we learned Billy Joel made a prominent real estate blunder by selling his Palm Beach Florida mansion for under $20 million dollars. The estate should be worth far more in most agents’ eyes and philosophies. But, what if he’s just happy doing things his way? We’d like to remind you having an agent who knows the market inside and out makes a HUGE difference in the outcome of the sale! Nonetheless, everyone has options including Joel and should we mention to “keep it to yourself, it’s HIS life?”

Investing in Boca Raton or Palm Beach Real Estate for the Well-to-Do

When it comes to investing in real estate, the well-to-do, find many reasons they want to invest in property in the Boca Raton and Palm Beach County areas. The list is almost too long to mention in one blog. But you can bet the attraction to be equally the same amongst an incredibly diverse crowd. Besides, the reasons are too obvious why anyone would want to buy a luxury home or property when it comes to Boca Raton. With a beautiful recreational space, a trendy environment and a beautifully peaceful landscape these elements create the perfect location no matter who you are, and we look forward to serving you.

Contact our offices for a real estate professional. Our expert advisors, brokers, and a team will assist you in creating the right strategy and marketing plan to sell your luxury properties. We offer short turnaround times and a trustworthy practice. We will tailor solutions that will help you with buying and selling your condo or country club property. Also, our well-respected client base allows us to get the right buyers in front of your listing without the hassle. Call us today, to discuss your next venture.