Who said the cost of living in a luxury condo or townhome with direct water Intracoastal frontage and full-service amenities starts at $800 a square foot under air in pre-2000 vintage buildings? That may be true for communities in Boca Raton, but a bit further north rests an enclave where we've detected relative bargain value. Prospective residence buyers with boating in their blood or who are into wide-water-centric lifestyles will love this one for its position, city-centrality, luxury accommodation, and affordability.
Yes - homes for sale in Peninsula On The Intracoastal provide the full-benefit package the market is looking for right now. The development includes a luxury low-rise five-story condominium tower (i.e., 40 units) and thirty townhouses (i.e., 20 three-story and 10 two-story residences) constructed in 2012. Multiple two-and three-bedroom models with unique open plan layouts cater to a broad range of family requirements, covering:
An adjacent marina makes it a cinch for yachters to dock their vessels steps from their front door for fast access to the Boynton ocean inlet with no fixed bridges - perfect for deep-sea fishing or just cruising the coastline. What more could one ask for? How about low HOA fees of around 44 cents per square foot (UA) of ownership - half the cost of Boca Raton equivalent complexes? For that, residents enjoy:
Nothing beats direct outlooks of the Intracoastal waters intermingled with South Florida's flourishing vegetation and wildlife. Sunsets in the evening are spectacular, as are sunrises in the early mornings. The atmosphere is serene, relaxed, and community-driven.
Prices recorded for Peninsular On The Intracoastal homes for sale in 2021 began nudging $400 per square foot, not genuinely reflective of the boom prices that emerged in 2022. The only sale recorded in 2022 jumped to $445 per square foot - still fantastic value for residential assets in this category. Interested buyers will find units already fitted with hurricane impact windows and sliders and an impressive original developer's interior package aligned with top luxury finishes. In addition, some condo and townhome owners have upgraded with wide-plank engineered wood flooring, exotic marbles, the latest synthetics, designer-recessed lighting, smart-home technologies, and other remodeling innovations.
As we've touched on above, these residences rarely enter the MLS, and when they do, they close quickly. Therefore, contact us to be your eyes and ears to identify buying opportunities in Peninsular On The Intracoastal in Boynton Beach before they become public knowledge. The ZFC Real Estate team has an inside track to best buys in this city and others in South Florida.
Located north of Gateway and east of Federal Highway, Peninsular on the Intracoastal is a short bike ride to the ocean and a fast drive to Atlantic Avenue action in Downtown Delray Beach. The latter delivers multiple shopping outlets, over a hundred restaurants, and bars with vibrant night entertainment. Moreover, within a three-mile radius, residents can access other eateries and every big-city convenience, from banking to healthcare facilities, supermarkets, beauty salons, watersports clubs, parks, golf courses, and excellent schools (see below) - you name it. Finally, West Palm Beach airport is fifteen minutes away via the nearby I95, and Fort Lauderdale's is less than half an hour going South.
Alternatives for Peninsular On The Intracoastal, Boynton Beach, converge on full-service Boca Towers, such as Beresford, Sea Ranch Club, and Placide (and many more). However, per-square-foot pricing is significantly higher, as are the HOA fees. Still, it's worth looking, if only to get a broad perspective. More comparable from an affordability perspective, we recommend Casuarina and the Highland Beach Club on the west side of the A1A with stunning vistas from units under $1 million.
ZFC covers South Florida cities from end to end and every lifestyle imaginable. We are the best listeners in the business to ensure we connect to precisely what you're looking for. Country clubs, estate home neighborhoods, traditional ungated suburbs, and downtown condos like Townsend Place and 200 East are constantly on our radar. So contact us today for the dream home-seeking experience of your life.
Where you live in Boynton Beach determines which public schools your children may attend, and this in turn effects real estate values. Townhouses in Peninsula On The Intracoastal are zoned for the following Palm Beach County school districts:
