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 Island—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 property—yet another indication of just how hard the Palm Beach County real
With the groundbreaking ceremony of Ocean Eighteen now officially behind us, we’re just one step closer to this exclusive, 18-unit boutique condo building in Singer Island becoming a reality.
Looking for a fabulous beach-side condo in Palm Beach County with exceptional living and building amenities? Look no further as the small Atlantic Coast Town of Singer Island may just be the perfect place to enjoy the warm, tropical sunshine of southeast Florida. Today’s Singer Island community is home to thousands of Palm Beach County condo owners and there’s no doubt this fashionable and pristine living environment continues to be a top destination for real estate investors, retirees, and everyday professionals looking for the perfect vacation getaway.
