House hunt: New condo construction in South Florida

Looking for a new home in South Florida? You’ve chosen the right place. Whether you’re searching in Palm Beach or Pompano, Boynton Beach or Boca Raton, Delray Beach or Deerfield, you’ll find a wealth of condominiums sure to suit any taste. “South Florida is experiencing extremely strong demand for housing,” says Brad Hunter, a housing industry consultant in West Palm Beach. “A lot of it has to do with people in the northeastern states who are coming to enjoy a lower tax environment along with the sunny climate and everything else that comes with being in Florida.” Hunter said the condominium market is particularly strong here because of the limited supply of single-family homes.

Consisting of two residential towers situated on 435 linear feet of oceanfront property, The St. Regis Residences will feature two- to five-bedroom units ranging from 2,000 to 5,600 square feet, along with Sky Villas and Penthouses from 6,600 to over 10,000 square feet. Amenities will include a beach club, wellness center, athletic club, pool deck with dining, bar and lounge, the Ellipse Club, with a cognac room, lounge, billiards tables and a wine vault and bar and a Residents Club with bar and lounge. Groundbreaking is planned for mid-2023, with completion expected in mid-2026. Prices start at $4.5 million.

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