Singer Island Low-Rise to be Demolished, Luxury Community Set to Take Its Place

Harbor Point on Singer Island Sold

According to a report from the Palm Beach Post, it appears the days are numbered for one of the last few remaining low-rise condo developments on Singer Islandā€”a part of Palm Beach County that is now basically dominated by towering oceanfront high-rises with jaw-dropping views and a wide-range of amenities to match.

Harbor Point, located at 5000 N. Ocean Drive on Singer Island in Riviera Beach, has reportedly been sold for $15 million to The Kolter Group, which plans to demolish the deteriorating 37-unit building and develop a new luxury community that still needs to be approved by the city.

Prior to the market collapse, offers of $30+ million were received for the Harbor Point propertyā€”yet another indication of just how hard the Palm Beach County real estate market fell around that time.

Harbor Point was originally built back in 1964 and according to reports, about 30 units are still controlled by private owners, which was another contributing factor as to why the deal was so challenging.

As of now, more details have yet to be released about Kolterā€™s new luxury development.

ARE YOU IN THE MARKET FOR A LUXURY CONDO ON SINGER ISLAND? START BROWSING THE ACTIVE CONDOMINIUM LISTINGS BELOW!

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Pending

$187,500,000

10 Tarpon Isle, Palm Beach

 
Photo for MLS RX-10939073 in 10 Tarpon Isle Palm Beach, FL - 33480
  • 11 Beds
  • 22 Baths
  • 21.4k SqFt

EL BRAVO PARK

The Corcoran Group

MLS® #RX-10939073

Active

$150,000,000

1980 S Ocean Blvd, Palm Beach

 
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PALM BEACH ESTATES

The Corcoran Group

MLS® #RX-10782485

New

$88,900,000

1071 N Ocean Blvd, Palm Beach

 
Photo for MLS RX-10969111 in 1071 N Ocean Blvd Palm Beach, FL - 33480

NEW SIEARS TR

Christian Angle Real Estate

MLS® #RX-10969111

New

$88,900,000

1063 N Ocean Blvd, Palm Beach

 
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New Siears Tract

Christian Angle Real Estate

MLS® #RX-10969108

Active

$74,950,000

1460 S Ocean Blvd, Manalapan

 
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  • 6 Beds
  • 11 Baths
  • 19.7k SqFt

GEDNEY VS PIERSON

Premier Estate Properties Inc

MLS® #RX-10960478

Active

$74,000,000

701 S Ocean Blvd, Delray Beach

 
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  • 6 Beds
  • 11 Baths
  • 14.4k SqFt

Ocean Boulevard

Premier Estate Properties, Inc

MLS® #RX-10902659

Active

$64,995,000

1400 S Ocean Blvd, Manalapan

 
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  • 7 Beds
  • 13 Baths
  • 16.2k SqFt

GEDNEY VS PIERSON

Bear's Club Sotheby Intl Rlty

MLS® #RX-10919514

New

$60,000,000

2325 S Ocean Blvd, Delray Beach

 
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  • 9 Beds
  • 19 Baths
  • 23.1k SqFt

DELRAY

Douglas Elliman

MLS® #RX-10970809

Pending

$59,900,000

2455 S Ocean Blvd, Highland Beach

 
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  • 8 Beds
  • 13 Baths
  • 17.6k SqFt

BYRD BEACH

Coldwell Banker/BR

MLS® #RX-10906675

Active

$59,500,000

315 Chapel Hill Rd, Palm Beach

 
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  • 8 Beds
  • 10 Baths
  • 7,636 SqFt

HILL SUB

Christian Angle Real Estate

MLS® #RX-10924786

Active

$59,000,000

200 S Ocean Blvd, Palm Beach

 
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  • 6 Beds
  • 8 Baths
  • 5,819 SqFt

POINCIANA PARK IN

Premier Estate Properties, Inc

MLS® #RX-10956908

Active

$55,000,000

940 N Lake Way, Palm Beach

 
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Palm Beach

Sotheby's Intl. Realty, Inc.

MLS® #RX-10939386

Dylan Snyder is a seasoned real estate professional serving the Jupiter real estate market, Palm Beach real estate market, Palm Beach Gardens real estate market, North Palm Beach real estate market, and the surrouding Palm Beach County area. Along with being a top producer in Jupiter real estate, Dylan's professionalism and expertise in luxury and waterfront real estate sets him and his team of real estate experts apart from the competition. For more information on Jupiter and Palm Beach real estate for sale, contact Dylan at (561) 951-9301.

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