Sunday, November 2, 2014

First Waterfront Tower Breaks Ground in Northern Palm Beach County

11/01/14 Water Club Breaks Ground
Water Club is the first new tower to come out of the ground in northern Palm Beach County.  "Unlike Miami, our area doesn't have any new waterfront condo inventory and there is tremendous pent up demand" said Kevin Dickenson with Berkshire Hathaway Home Services Florida Realty.   
 Water Club is located a few miles north of Marina Grande and will be comprised of two 22-story towers and 20 townhomes on seven acres.
Each tower will contain 74 total units with 2 and 3 bedroom plans.  The community has wet slips for 14 boats and parking will be under the two towers.  


Why is this good for Marina Grande? 
Water Club's sales office opened in November 2013 and they delayed breaking ground to test the market.  Prices start at $689,000 for a 1,728 sf shell ($398/sf) on the 2nd floor with a view of the villa roofs and the side of the east tower.  Prices in Water Club go up to $833/ sf!  Click Here for Water Club December 2014 price sheet.

Marina Grande pricing starts that $189 / sf for a 2nd floor unit with superior intracoastal views.  A big 3 bedroom unit in the best stack on the 14th floor at Marina Grande has unobstructed ocean and intracoastal views and you can buy it today for $313 /sf.