Boca Raton Homes for Sale: AZURA BOUGHT OUT OF FORECLOSURE BY TOLL BROS.

Friday, January 22, 2010

AZURA BOUGHT OUT OF FORECLOSURE BY TOLL BROS.

Located on the east side of Jog Road, just south of Polo Club, an affiliate of homebuilding giant Toll Bros. has taken title to the unfinished 37-acre Azura estate home project in Boca Raton. It was planned for 92 homes ranging in price from $1.6MM - $3MM and touted as one of the premier developments in Boca Raton. . Most lots are vacant, only 7 were sold for a total of $19MM.

Initial sale and assumption agreement were signed in October. Regions Bank won a $43.1MM foreclosure judgment against developers Polo Field Estates and Gordon Homes in early December and the bank sold the mortgage to Toll FL X.L.P. on December 23^rd.

At the foreclosure sale on January 11^th, Toll FL X won title to Azura after submitting a $5.1MM bid, based on the $43.1MM foreclosure judgment it acquired when it bought the mortgage.

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C'MON DOWN... LIFE IS GOOD IN BOCA RATON!

Boca Raton was incorporated in 1925, with a history rich with stories about pirates, swashbucklers and Spanish explorers. Geographically the City encompasses 27.14 square miles (17,372 acres). The City has five miles of ocean frontage and the park system, with 40 local parks and nature preserves, covers approximately 1,080 acres.

Like dining out? Choose from over 2500 restaurants within 15 miles. Golf? 101 public courses within 30 miles with 30+ in Boca. Museums? 7 within 30 miles. Libraries? 29 within 30 miles.

Cultural venues include the Amphitheatre in Mizner Park, Boca Raton Museum of Art, Harid Conservatory Dance Academy, theatres, Historic Preservation groups, Gardening Clubs and Exhibits and groups to accommodate your special interests. 700 Boca communities support over 60 religious organizations, so you can find your choice of worship when visiting Boca.

Median age range of residents is 40’s, though there are retiree communities as well. Average temperature is mid 70’s. With both upscale and bargain shoppes, there is tons of shopping, from Town Center to the discount stores. Landscaping is lush and tropical with many varieties of palm trees and many colorful blooming flowers. Boca is a center for commerce, finance and technology firms.

Boat cruises, fishing and snorkeling are all available and great fun. The coastal gulfstream comes closest to the coast along here making for an ideal water sports and recreation climate. Boca Raton's underwater world is awash in spectacular sea life. Enjoy tropical warm blue waters and Caribbean-quality visibility. Explore reefs, coral–encrusted shipwrecks, and fish-filled natural wonders! Boca Raton's underwater world is awash in spectacular sea life. Enjoy tropical warm blue waters and Caribbean-quality visibility. Explore reefs, coral–encrusted shipwrecks, and fish-filled natural wonders!

Condo rentals have 3-month minimums; some have more; some are available annually. For short periods you can stay at the world-class Boca Raton Resort Hotel and Club or head to Holiday Inn Express. The landmark Boca Raton Resort Hotel has great historic value. It was built in the 1920's by the legendary architect Addison Mizner. This hotel affords the luxurious setting for many outside events including luncheons and dinners. Mizner, deciding to build a dream city of his own, bought 17,000 acres of land and designed what was to be a new world resort, a utopia of architectural beauty, centering around an exclusive resort hotel.

Browse Mizner Park, a pretty “town square” section of pastel colored buildings housing boutiques and restaurants. The Cinema features 8 movies. Summertime includes live music mall performances with free concerts. Bring a chair and BYOB, have your own sandwiches or dine outside at one of the nice restaurants in Mizner Park, to have a most memorable evening under the stars. Royal Palm Plaza, a short walk away, has additional restaurants to enjoy. There are exhibits and tours at the Children’s Museum, most enjoyable for the young children.

Want to shop? The Town Center Shopping Mall includes Saks 5th Avenue, Bloomingdale's, Macy’s, Sears and Nordstrom, as well as Cartier, Tiffany's, and many other designer stores. Area restaurants include Morton’s Steak House, P.F. Chang and every kind of food you would want at a big variety of prices. Discounted “Early Bird Dinners” are popular.

Visit historic districts, or tour the fascinating Everglades seeing nature in its natural state on guided tours. Take an underwater tour to see the fascinating animal and plant life that exists in this warm tropical climate. Our Gumbo Limbo Environmental Center, just opposite the Atlantic Ocean, amidst several Parks, gives classes, seminars, workshops, field trips and offers research. See native marine fauna. indoor and outdoor classrooms, interpretive displays, aquariums, visual presentations, a butterfly garden, a 40-foot high observation tower, an elevated boardwalk through the hammock and mangrove communities

Beautiful Japanese Gardens, orchids and other exotic flora can be enjoyed the Morikami Museum and Japanese Gardens in adjacent Delray Beach. Enjoy lunch there and the gift shop for unusual items to take home.

Sports Immortals Museum features a major collection of sports memorabilia including exhibits of racing helmets, autographed baseballs and uniforms, Championship trophies and awards of various sports celebrities, bringing to life their accomplishments. Tennis fan? Head to the Evert Tennis Center to watch aspiring athletes, or to the Delray Beach International Tennis Center to watch international champions play in the stadium. Listen to concerts with the stars and symphonies at Florida Atlantic University. Famous names perform. The Kravis Center in West Palm Beach features the Miami Ballet, Opera and many performers known world-wide. Harid Conservatory offers concerts with music and dance programs by tomorrow’s future stars.

The highest life expectancy in the US is found in Boca Raton, being one of seven areas of the country that qualify. The quality of life provides a haven that has grown into a metropolitan area of with a population of over 80,000 and growing. Boca is a great place to vacation with a huge variety of activities or a chance to sit in a hammock and watch the boats go by on a beautiful wide sandy beach. It is also a great place to live, all or part of the year.

SHORT SALE SOLD: Lakes of Boca Rio, 2-story townhouse... short sale

Price just dropped on 2 bedrooms, 2 full baths, balcony on lake upstairs, fenced patio at entry, lake views, walk the path around the lake, swim in community pool. Enjoy bird watching. Relaxing environment. Wood finished kitchen in light colors, 28'x13' great room includes dining area, wood staircase leads upstairs. Washer and dryer in unit. E-Z to care for. South Boca location. MLS #R3086686 - Call MARILYN at 561-302-3388 to see this lovely unit - beautiful plantings, romantic serene patio and balcony.

MARILYN HANDLES LISTINGS and SALES of properties

Email marilynfjacobs@gmail.com, let her know your price range, # bedrooms, location (city, ocean/countryclub/active adult/ inland house condo or townhouse) and move in and move out dates. Tell your friends to call Marilyn for listings and buys. Marilyn has 16 years experience in the PALM BEACH COUNTY real estate market and understands market trends and market value.

NOW IS THE TIME FOR YOU, YOUR FAMILY AND FRIENDS TO BUY A PIECE OF THE AMERICAN DREAM, 2ND HOME, VACATION HOME OR PERMANENT RESIDENCE. Prices are expected to rise, and right now you can still get a good low mortgage rate. Can recommend a top rate mortgage broker. Let's talk.

LIST WITH MARILYN AND YOUR PROPERTY WILL BE SEEN ALL OVER THE WHOLE WIDE WORLD

WORLD WIDE MARKETING FOR MY LISTINGS
*Flyers sent to 38,000 local southeast Florida real estate agents
*Flyer sent to 1,000+ luxury agents across the US
*Internet ads for international, national and local exposure...
TO FIND THAT ONE BUYER-perhaps in my BUYERS PORTFOLIO-WHO WILL BUY YOUR HOUSE!

Marilyn has sold properties same day as listed, and over the internet, and also sold houses that did NOT sell before. Ask her how she does this! AND YOU TOO will list with Marilyn.

MARILYN KNOWS THE COUNTRY CLUBS, WATERFRONT, ACTIVE ADULT COMMUNITIES AND MOST OF PALM BEACH COUNTY!

SEE CURRENT LISTINGS IN THESE BOCA RATON LUXURY CONDO COMPLEXES

THE EXCELSIOR: As good as it gets THE ADDISON: Upscale Condos on the Oceeanfront THE ARAGON: Unique Exterior of Oceanfront Upscale Condos THE BERESFORD: Deluxe Boutique Oceanfront Condos LUXURIA: Deluxe NEW Oceanfront Upscale Condos THE MERIDIAN: NEW Condos Across from Boca Beach 1000 OCEAN: NEW Condos at Boca Resort Beach Club on Ocean MIZNER GRAND: Luxury Condos on Boca Resort Hotel Grounds. MARILYN CAN SHOW YOU BEAUTIFUL CONDOS IN THESE BUILDINGS - FOR MORE AVAILABLE WATERFRONT CONDOS GO TO http://www.FLWaterfrontCondos.com where you can browse within a complex by price.

SIX OF MARILYN'S LISTINGS...LOOK AT HOW FASSSST THEY SOLD!

Delray Beach townhouse: 14 days. Polo Club: house-sold same day as listed; house-on market one year and when Marilyn listed the house it went under contract in 90 days; condo under contract in 21 days; townhouse under contract in 21 days. Smith Farm house (when market was DEAD) had dozens of showings and closed in 63 days. Out-of-town buyers, on the first day out, saw 7 houses with Marilyn and bought one. Marilyn sold TWO PROPERTIES over the internet! See MARKETING PLAN at www.MarilynJacobs.com. If you list with Marilyn, start looking now for your next home... you may be there sooner than you think! If you click on the SOLD SIGN ABOVE, you will see TESTIMONIALS but first copy the URL below so you can return to this blog.

LIFE IS GOOD IN BOCA RATON... C'mon down!

Boca Raton has a population of 82,485, was named 30th BEST PLACE TO LIVE in the US and #1 in FLORIDA for 2006. There are 2,685 restaurants within 15 miles, and 101 public golf courses within 30 miles. Within 15 miles there are 29 libraries and 7 museums within 30 miles. Median age is 42 ½.

There are 700 different neighborhoods ranging from upscale gated golfing equity and waterfront communties to affordable condos. Along the oceanfront and intracoastal waterway there are sumptuous homes and ultra-luxurious condos. There is a historic district featuring Addison Mizner style homes and 5 miles of sandy beaches. There are more than 40 parks and 30+ private and public golf courses. Florida Atlantic University offers many interesting courses for undergrads and adult ed along with concert series featuring prominent performers and classes in culture, world events and many other topics.

On the west side of Boca, along the 441 corridor, there are new family communities. Along the west side of the Intracoastal Waterway, older homes are being torn down and new larger homes being build, some offering dockage to large boats, some are point lots. Downtown has added new condo developments.

Boca Raton is known as an upscale community which has successfully retained its small-town charm, a cosmopolitan metropolis offering a tropical paradise lifestyle. Boca is a center for commerce, finance, and technology firms.

Boca Raton Homes for Sale

Friday, January 22, 2010

AZURA BOUGHT OUT OF FORECLOSURE BY TOLL BROS.

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MARILYN FARBER JACOBS: Luxury Home Marketing Specialist

FLORIDA HOMES, CONDOS, TOWNHOUSES WITH BOAT DOCKS

MIZNER PARK

Lake Boca to ICW

Boca Raton Museum of Art

South Boca Raton

LIFE IS GOOD IN BOCA RATON... C'mon down!

MONEY MAGAZINE 2007: Best Place to live in Florida: BOCA RATON

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