Waterfront Properties | Real Estate Blog - Hutchinson Island

NEWS FROM OUR AFFILIATE OFFICE ACROSS THE POND

Photo courtesy of Mayfair International Realty.

Buckingham Palace welcomed a new addition with the birth of George Alexander Louis, Prince of Cambridge.  The third in line to the British throne will never have to worry about the current real estate market.  

Baby George will live in the preeminent house in London.  Buckingham Palace is the official London residence and principal residence of the British monarch.  In the beginning, the original large townhome was built for the Duke of Buckingham in 1705.  Subsequently, three wings were added and during the 19th century and the townhouse was enlarged. The renovation was then intended as a private retreat for Queen Charlotte, known as “The Queens House” - 14 of 15 of their children were born there.

Over the…

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INVENTORY OF HOMES DROP AGAIN…HOME PRICES RISE

A June report by the Realtors Association of the Palm Beaches is reporting the inventory of homes for sale in Palm Beach County has dropped again!  This low inventory of homes is pushing levels below a five months’ supply leaving very few properties to show to eager buyers. The report indicates findings of only 5,766 single family homes on the market last month; this is a 48 percent drop from this time last year!

The Standard & Poor’s/Case-Shiller index is reporting, “home prices continue to rise in South Florida” from a year ago.  It’s the 16th consecutive increase”  and that the “home price index for Palm Beach, Broward, Miami-Dade counties rose 13 percent in April from a year ago.  It’s the 16th consecutive jump.”

The Case-Shiller index covering 20…

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DO YOU HAVE A CURRENT SAFETY INSPECTION STICKER ON YOUR BOAT?

Photo courtesy of U.S. Coast Guard Auxillary.

U.S. Department of Homeland Security and United States Coast Guard Auxiliary recommend that all boaters, including personal watercraft and paddle sport users take advantage of local, free Vessel Safety Checks every year. 

A certified Vessel Examiner performs the courtesy vessel safety check at your boat.  The exam usually takes 30 – 45 minutes, depending on the size of your boat. Boats that pass the examination are issued a VSC decal that signals Coast Guard, Harbor Patrol and other local law enforcement agencies that your boat is in full compliance with all the State and Federal guidelines for boating.  Often, law enforcement will not detain or board your boat if your boat displays a current-year…

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SPINY LOBSTER SEASON

With Florida’s mini spiny lobster season well under way (July 24 & 25) divers hit the water.  The two-day mini spiny lobster season is one of the state’s most popular recreational events each year. Divers from all over the state, including the Jupiter and Tequesta area, test their gear and watch the weather in the hopes for a bountiful lobster mini-season.

Divers-down flag is just one of the many requirements the state requires of participants.  Others include possession and use of a measuring device, the body of the lobster must be at least three inches long and measured in the water.  Divers may not harvest or possess egg bearing female lobsters out of the water.  An egg bearing female lobster will have bright orange eggs on the underside of the…

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LEARN HOW COFFEE and CHOCOLATE HEAL

Whole Foods Market is hosting a lifestyle talk July 24, 2013 at 7:00 pm by Tara Harmon.  Join Harmon, coffee specialist from Whole Foods Market, in an engaging talk on how coffee, chocolate, and even java alternatives may benefit your health.
 
Tara Harmon has been in the health food industry for over 10 years and worked with coffee for over 14 years.  She is an energetic speaker with an incredible passion for food and how it has the power to heal our lives.  She will be discussing and sharing stories of various food origins and how they help your body.

Mayo Clinic’s recent studies have found no connection between coffee and an increased risk of cancer or heart disease.  Citing earlier studies, poor coffee has had a long history of being blamed for many…

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150 - 300 CATTLE ON INDIANTOWN ROAD

Back in the early 1960’s, cattlemen would drive herds down Indiantown Road from Pratt & Whitney towards the Burt Reynolds Ranch in Jupiter Farms.  Florida had an outbreak of “fever ticks” that was deadly to cattle.  Florida’s cattlemen began to lose cattle and their means to make a living.

The southern fever tick epidemic was introduced to Florida from Texas cattle and nearly cost the cattle industry $10,000,000. The USDA implemented a mandatory cattle-dipping program.  This was a period of “open range”, meaning no fence laws and the cattle roamed freely.

The Florida Cattleman’s Association also  supported “cattle dipping program”.  The dipping program required every cow in South Florida to be rounded up and drove to the nearest pen with a dipping solution…

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PROPOSED 350 HOME COMMUNITY in JUPITER

Rendering courtesy of the Palm Beach Post.

Divosta Homes has proposed a 350 home community with office and retail space west of I-95 in Jupiter.  Lakewood Development, a proposed community on 260 acres along West Indiantown Road across from Jupiter Country Club, will comes before the Jupiter Town Council on August 8.

The proposal calls for a 150,000 square foot research facility, a 6,000 square foot restaurant, convenience store and 20-pump gas station. Original plans submitted to the Jupiter Town Council also reflected a 100-room hotel, but it is no longer in DiVosta Homes plan.
 
The parcel of land is one of the last large, undeveloped parcels in Jupiter. The Lakewood project, is now on what is referred to as Parcel 19, was purchased by Jupiter 19…

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REPLACING UNDERWATER POWER CABLES

Florida, Power & Light will be replacing feeder lines, cables that provide electricity to local barrier islands, as needed. Palm Beach, Jupiter Island and Singer Island are some of the barrier islands within the state of Florida that will have the cables replaced.  Years ago, Florida, Power & Light buried the cables under the floor of the Intracoastal Waterway.  These cables fee electricity from the mainland to the barrier island and all the residents.  Overtime, shifting currents and sand have exposed many of the cables.

FPL plans on replacing one cable per year.  Substituting cables will cost from $1 million to $3 million each. By replacing the cables, it enables them to deliver power as well as reroute power around trouble spots to strengthen the system…

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BOCA BURGER BATTLE…A GRILLING AFFAIR

Tickets for the second Annual BOCA BURGER BATTLE are on sale now!  The affair has drawn grilling sensations from all over Palm Beach County and South Florida’s top chefs.  People, as far north as Stuart and Jupiter, make the drive to Boca Raton for this culinary feast of burgers, veggie burgers, and little burger bites.   The event takes place at Sanborn Square Park, Downtown Boca Raton, 100 North Federal Highway, Boca Raton from 6pm – 10pm.
 
This community event features a “backyard b.b.q.” theme that not only highlights some of the best beef, fish, turkey and vegetarian burgers around; it also has an array of summer food tastings and gourmet samplings. French fires, onion rings, tropical salads, chicken wings, plenty of adult beverages and beer will…

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LIFE’S A BEACH! DO YOU KNOW THE NEW $52 MILLION NEIGHBOR?

Photo courtesy of Splash News.

Just south of Jupiter, in the ultrachic enclave of Palm Beach, self-proclaimed “King of All Media” Howard Stern may have picked up a lavish beach house. The radio broadcaster and America’s Got Talent judge has been reportedly searching for a home in the area.  
 
According to Palm Beach County records, the property has been purchased through a trust.  The deed does not indicate the identity of the new owner (speculated to be Stern), who paid $52 million on May 15, 2013.   There is no mortgage recorded for the purchase.

The 19,000 square foot beachfront mansion boasts 5 bedrooms, 12.5 baths, and an outdoor swimming pool just steps from the ocean.  Aerial shots of the property reveal manicured grounds, secure wall and gated entry.…

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