Condo developments in the beautiful Northwood neighborhood are still in close touch with West Palm Beach Downtown (WPBD) and deliver the significant advantage of an east-side N.Flagler Drive location on the Indian River (i.e., a section of the Intracoastal). These rare towers are Portofino and La Fontana (1969 and 1961 vintages, respectively). Our focus here, La Fontana, is ten stories, 144 units ranging between 647 and 1,470 square feet under air (one to three bedrooms). Indeed, as only one of five sky-projects directly on the water, condos on the east side of the building contain eye-popping unobstructed aqua-centric vistas - a passing parade of birdlife and motor & sail vessels streaming back and forth (with the stunning backdrop of the Atlantic Ocean). Other residents in the building enjoy the natural South Florida flourishing fauna and flora, tall palms, and eclectic city sights/night lights.
A few condos for sale in La Fontana sold above $300 a square foot (UA) in the 2022/3 South Florida's hot real estate market, but most MLS closings (all pet-friendly with integrated high-impact windows and doors) ranged beneath that to as low as $200 a square foot (UA). That's startling for such an iconic location. But, of course, much depends on the level of seller remodeling and the residence's position in the building.
Please remember, we're talking about a construction well north of fifty years old, containing no extra-height ceilings (the latter emerging more and more in modern WPBD editions) and having to share laundry facilities with other condos on the floor. Notwithstanding, we have seen listings with incredible outlooks through renovated wall-to-wall glass sliders and terrace railings. In addition, these featured engineered wood flooring, quartz countertops, reconfigured open-plan designs, gourmet kitchens, recessed lighting, and smart-home electronics. For example, a high-floor unit with all the bells and whistles described closed for $371 per square foot (UA) in April 2022.
Also, monthly HOA fees of 90 cents per square foot of condo ownership are significantly on the high side, even considering the following amenities:
Notably, rental protocols are relatively restrictive and thus an investor deterrent. Indeed, they're a far cry from HOA protocols of modern and contemporary towers with more liberal renting regulations. On the bright side, it gives budget-conscious prospective buyers insisting on water locations as a "must-have" requirement great opportunities at surprisingly genuine bargain values.
Let ZFC guide your negotiations to zone in on the condo that'll put money in your pocket and extra luxury in your lifestyle. We know our way around Portofino and La Fontana - two unique early vintage constructions. As buyer's agents, our fees are free of charge to you. Why? Because the seller pays them only if and when you buy - it's a no-brainer.
Consider that as a La Fontana resident, you’d have Northwood village's shops and restaurants a stone's throw away and proximity to The Square shopping center/Clematis Street's lively activity. Moreover, across the bridge, in minutes, you're on Palm Beach island. Consequently, living in La Fontana West Palm Beach converges on high-end shopping (on Worth Avenue), and fine dining in scores of establishments, with easy access to public beaches, golf courses, parks, Intracoastal trails for miles on end, supermarkets, coffee shops, delis, galleries, beauty salons, and more. Also, good schools (see below), clinics, nature preserves, watersports of every color and shape, and an international airport around the corner.
Direct on-the-nose competition comes from the next-door tower, Portofino. However, under $300 per square foot (UA) in post-2,000-vintage neighborhoods is a tall order.
Nonetheless, look at other Flagler Drive-located developments - The Slade, Villa del Lago, Villa Lofts, and Rapallo. Finally, for in-the-thick-of-it downtown buildings - some with water views but mostly city outlooks - we can show you One City Plaza, Two City Plaza, The Prado, City Place South Tower, and 610 Clematis.
ZFC Real Estate is a one-stop, end-to-end realtor company striving to meet the needs of a diverse clientele. We can find the dream home to match almost any budget and do the same for you. Consider that we have tremendous opportunities in numerous townhouse options, not on the water but offering discounted real estate value. We also work the country clubs, marina neighborhoods, estate homes, and downtown verticals across multiple cities such as Boca Raton, Delray Beach, Parkland, Boynton Beach, and Lake Worth. Each reflects unique lifestyle segments that may appeal to you. So, contact us today to find out why our clients applaud the ZFC VIP service as the best in the nation.
Where you live in West Palm Beach determines which public schools your children may attend, and this in turn effects real estate values. Co-Ops in La Fontana are zoned for the following Palm Beach County school districts: