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Neighborhood News
Real Service... Real Results Summer, 2013
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Laura Cole Tana Gaskill
(561) (561)
776-4429 776-4444
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Summer is definitely here and if it does not stop raining soon we will all need to start building arks! The good news is lots of dining specials, no reservations needed and tee times are easy!
We are truly blessed with the breathtaking variety of our landscaping here. Read our special article on the Royal Poinciana tree in this issue. How wonderful to learn a bit more about the incredible beauty around us!
And get ready for a shocker! Real Estate sales have gone wild and inventory is down to an all time low.
Best regards,
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REAL ESTATE TRENDS
BallenIsles Sales*
You have to see the numbers to believe it! Inventory is down to under 65, June and July had 18 closing and year to date sales are up to 53. BallenIsles is a hot ticket and we expect prices to begin to rise. Many buyers have lost out on the opportunity to buy what best suited their requirements and mortgage rates are climbing. While we don't expect a return to 2005 we do look forward to a strong and steady 2014.
BALLENISLES SALES - June & July
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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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117 ORCHID CAY
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3
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3.0
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$420,000
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$549,000
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06/03/2013
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314
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109 WINDWARD
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3
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3.5
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$449,000
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$574,900
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06/04/2013
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453
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27 LAGUNA
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4
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3.5
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$455,000
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$499,000
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06/10/2013
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25
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133 ST MARTIN
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3
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3.5
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$835,000
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$949,000
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06/10/2013
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337
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115D PALM POINT
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3
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3.0
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$385,000
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$449,000
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06/11/2013
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114
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1014 GRAND ISLE
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4
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4.5
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$865,000
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$900,000
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06/11/2013
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238
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144 ISLE
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3
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3.0
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$305,000
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$399,000
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06/12/2013
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65
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120C PALM BAY
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3
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3.0
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$425,000
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$475,000
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06/12/2013
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134
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40 LAGUNA
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3
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3.0
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$350,000
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$390,000
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06/17/2013
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31
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130 SUNSET BAY
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3
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3.0
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$176,000
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$385,000
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06/20/2013
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811
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92 LAGUNA
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3
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3.0
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$500,000
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$619,000
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06/20/2013
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5
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120B PALM BAY
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2
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3.0
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$285,000
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$325,000
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06/24/2013
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71
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132 SUNSET BAY
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2
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2.5
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$200,000
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$250,000
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06/26/2013
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244
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127D PALM BAY
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3
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3.0
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$235,000
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$249,000
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06/28/2013
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7
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159 SUNSET BAY
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3
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2.0
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$327,000
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$300,000
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06/28/2013
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43
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145 WINDWARD
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3
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4.0
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$400,000
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$400,000
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07/15/2013
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79
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103A PALM BAY
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3
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2.0
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$420,000
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$450,000
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07/16/2013
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62
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2 BERMUDA LAKE
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3
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3.5
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$525,000
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$599,000
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07/16/2013
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29
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*This representation is based in whole or in part on data supplied by the Realtors Association of the PalmBeaches or its Multiple Listing Services thru 08/01/2013.
To learn more about current Real Estate trends in BallenIsles, click on the links below.
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FEATURED PROPERTIES
Under Contract!
  
162 Sunset Bay 125A Palm Bay 101 Victoria Bay
Seller Buyer and Seller Seller
We are pleased to announce that we have put the following properties under contract for our clients.
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The Flora of BallenIsles 
Blooming May through June with the most spectacular display, these graceful trees are breathtaking. The Royal Poinciana is noted for its fern-like leaves and flamboyant display of flowers. In many tropical parts of the world it is grown as an ornamental tree and in English it is given the name Royal Poinciana or Flamboyant. It is also one of several trees known as Flame tree.
The Royal Poinciana is widely cultivated and common sight in South Florida and a particularly treasured tree in BallenIsles. In addition to its ornamental value, it is also a useful shade tree in tropical conditions, because it usually grows to a modest height (mostly 5 meters, but it can reach an maximum height of 12 meters) and spreads widely, and its dense foliage provides full shade. In areas with a marked dry season, it sheds its leaves during the drought, but in other areas it is virtually evergreen. The flowers are large, with four spreading scarlet or orange-red petals up and a fifth upright petal called the standard, which is slightly larger and spotted with yellow and white. Seed pods are dark brown and can be up large but the individual seeds, however, are small. The compound leaves have a feathery appearance and are a characteristic light, bright green.
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