Villa Lofts on N. Flagler Drive (neighboring The Slade, also a 2005-vintage tower) rises twelve floors, containing only 36 loft units (an average of three per floor), one, two, and three bedrooms. Accommodation dimensions start at 830 square feet under air (UA), ranging to over 2,000, all open floor plans benefitting from a mixture of:
The one drawback of the development’s boutique enclave theme is the approximate $1 monthly maintenance expense per square foot of condo ownership, which, in our opinion, weighs on valuations. Thus, it makes Condos For sale in Villa Lofts a bargain proposition as long as - for example - $1,500 monthly HOA fees for a 1,450-square-foot (UA) unit don’t deter you.
We note that the three lofts sold in 2022/3 during a hot real estate market closed between $350 and $450 per square foot. That’s exceptional pricing (relatively speaking) for real estate looking at vast waterscapes, also considering the upscale interiors. Indeed, the latter includes high-impact glass windows, sliders & balcony railings, wood flooring, gourmet kitchens with granite countertops, stainless steel top-brand appliances, and custom cabinetry. Moreover, long balconies create an inviting connection to outdoor martini-in-hand relaxation.
So, the $100 per square foot (UA) price variance pinpointed above relates primarily to owner-installed upgrades like designer lighting, smart-home electronics, remote working offices with all the high-tech bells and whistles, and, of course, the quality of aqua-centric outlooks.
Tenants are allowed into the building under a maximum of four times-a-year HOA leasing protocols. Amenities are impressive, providing the latter and condo owners with the following:
As intimated above, these units rarely appear on the MLS. However, we have our ears close to the ground, so if you want a fast alert or even a pre-listing heads-up of a possible “diamond in the rough” Villa Loft on the market, then contact us today. Our expert realtors make all the difference in identifying and negotiating for clients’ dream homes. Indeed, it’s a no-brainer to have us in your corner. Why? Because the seller pays all agents’ commissions only if or when you sign the dotted line.
Residents in this loft complex are around one-and-a-half miles from The Square shopping center and Clematis Street, and around the same distance from attractions over the Flagler Memorial Bridge crossing to Palm Beach island. Put it all together, and one has the following conveniences a jog, bike ride, or quick drive away:
For loft competition, look at 101 Lofts and sister tower Villa Del Lago. Traditional condominiums abound in towers like One City Plaza, Two City Plaza, The Prado, 610 Clematis, The Whitney, and City Place South Tower around the downtown action but not directly on the Intracoastal. Also, The Slade and Rapallo are on the water, but at per-square-foot (UA) prices significantly higher than Villa Lofts in West Palm Beach - thus, underlining the latter’s bargain value pricing when they enter the marketplace.
ZFC Real Estate can take you to parallel developments in other Intracoastal locations such as Toscana, Beresford, Sea Ranch Club, Placide, and many others in Boca Raton and Highland Beach (but at much steeper valuations.) We also cover fantastic nature-oriented townhome neighborhoods like Boca’s Centra, Central Park, and Trieste, and downtown towers (like Palmetto Place in Boca and City Walk in Delray Beach) that are well worth a review (and surprisingly affordable). Then, towers around marinas are a viable alternative, like Delray Harbor Club, for investors willing to go above $1 million.
Indeed, we cover lifestyle options for all South Florida citizens, from country clubs to boating communities, active adult communities, tennis-centric enclaves, estate homes with multiple acres in the backyard, and more. Your best bet is permitting our professional team to hold your hand through a somewhat confusing landscape. Clients who work with us once never go anywhere else, and that says it all.
Where you live in West Palm Beach determines which public schools your children may attend, and this in turn effects real estate values. Condos in Villa Lofts are zoned for the following Palm Beach County school districts: