Real Estate Industry News

Winter seems to stretch endlessly for many who live in “snow-centric” climates. CNN recently ran the headline: “A bomb cyclone with the power of a hurricane will unleash snow and blizzard-like conditions this weekend.” How’s that for a warm thought?

Given the headlines, now may be the time to consider buying that warm-weather getaway. To get an idea of what’s on the market, here’s a look at three distinct luxury markets in fair-weather climates seeing a large amount of activity from vacation-buyers.

Treasure Coast: Florida’s Vero Beach

Vero Beach, Florida, (population 15,220) on Florida’s Treasure Coast (Atlantic Coast) offers golf, water sports, fishing, and, of course, beautiful beachesLocated 34 miles south of Melbourne, winters are warm and dry, with average February temps in the mid-seventies.

On the market in Historic Riomar for $5.9 million is a tropical retreat. The main house has three bedrooms and 3.5 baths, a 1,000 bottle wine cellar, a saltwater pool and a putting green. A one-bedroom guest house completes the property. The beach is a short walk away.

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Inspired be the chic contemporary designs of Palm Beach, this recently remodeled home is on the market for $2.985 million.Redone in 2019, the residence also has custom millwork, coffered ceilings and a chef’s kitchen. Lily Pulitzer wallpaper furthers the Palm Beach vibe.

Hot Market: Nassau, The Bahamas

The Bahamas is fast becoming a luxury second and third home destination. Convenient accessibility, perfect weather, friendly people, beautiful beaches and impossibly blue ocean views describe the Bahamas. Luxury buyers from the U.S., South America, and Europe have created a flourishing and in-demand market.

A very private and privileged one-acre waterfront estate, Villa Sul Mare, within the gated Ocean Club Estates, is listed for sale at $14.75 million. Set on an acre, this “architecturally significant” villa is outstanding. Its 6-bedrooms and 5-bathrooms are under seven pavilion-style roofs. Numerous patios, tropical flora, and fauna surround 3,000 square feet of exterior luxury living.

Groundbreaking has begun on Aqualina, “Nassau’s hottest new beachfront community.” It’s adjacent to Baha Mar Resort on famed Cable Beach. Sales are now open on exclusive three-and four-bedroom ocean-view residences. Five-star amenities include a full-time concierge, infinity pool and private beach, fitness and yoga studio, tennis court and “first-of-its-kind” boat club. Currently, prices start $2.795 million.

Luxury Gems: Hawaii’s Maui And Kaui

Sales in the luxury markets of Hawaii remain strong on all islands. Move-in-ready properties are quickly selling with multiple offers. Maui and Kauai are highly desirable.

A condominium with unobstructed ocean views on Maui at Hokulani is on the market for $2.69 million. A turn-key furnished two-bedroom, two-bathroom residence at the Honua Kai Resort and Spa offers oceanfront living with resort-style luxury amenities. Features include an open floor plan and a large covered lanai with views extending as far as Molokai.

A four-bedroom, 4.5-bathroom home in Princeville on Hawaii’s North Shore has 3,014 square feet of living space and an extra-large lot overlooking the signature hole of the Makai Golf Course. Enjoy unending views of the ocean, golf course, Bali Hai, and the mountains framing Hanalei Bay. The listing price—$3.5 million.

No better time to consider buying that warm weather getaway than in February.