Illustrated Properties Luxury Report

SINGER ISLAND BOUTIQUE | DINING | NATURE

Singer Island, an oceanfront neighborhood part of the city of Riviera Beach, offers a relaxing blend of natural beauty, seven miles of pristine beaches, and upscale hotels and resorts. Nestled on the barrier island, the park also sits in the urban estuary of Lake Worth Lagoon and the Intracoastal Waterway, where you can kayak, canoe, hike short trails, and visit the a nature center. Also available to visitors are superb hotels and meeting facilities on Singer Island with a wide range of shopping opportunities and some of the finest restaurants in all of Florida.

Single Family Homes

% CHANGE (1 YEAR)

% CHANGE (1 QUARTER)

CONDOS/TOWNHOMES

2023 Q3

2024 Q2

2024 Q3

Number of Sales

4

8

3

▼25.0%

▼62.5%

Average Sales Price

$1,256,125

$2,722,500

$2,075,000

▲65.2%

▼23.8%

Median Sales Price

$1,112,500

$1,875,000

$2,130,000

▲91.5%

▲13.6%

Average Square Footage

1,925

2,964

2,879

▲49.6%

▼2.9%

Price Per Square Foot

$652

$856

$734

▲12.7%

▼14.2%

Average DOM

121

117

109

▼9.5%

▼6.6%

Sales Sold at Original List Price

1

0

0

▼100.0%

-

Top Sale Price

$1,724,500

$8,000,000

$2,845,000

▲65.0%

▼64.4%

Total Sale Volume

$5,024,500

$21,780,000

$6,225,000

▲23.9%

▼71.4%

Condos & Townhomes

% CHANGE (1 YEAR)

% CHANGE (1 QUARTER)

CONDOS/TOWNHOMES

2023 Q3

2024 Q2

2024 Q3

Number of Sales

16

29

53

▲231.3%

▲82.8%

Average Sales Price

$2,130,750

$2,056,207

$1,764,047

▼17.2%

▼14.2%

Median Sales Price

$1,500,000

$1,600,000

$1,500,000

▲0.0%

▼6.3%

Average Square Footage

2,456

2,128

1,956

▼20.3%

▼8.1%

Price Per Square Foot

$847

$928

$897

▲5.9%

▼3.4%

Average Days on Market

146

68

45

▼69.5%

▼34.2%

Sales Sold at Original List Price

0

6

35

-

▲483.3%

Top Sale Price

$4,185,000

$6,150,000

$4,300,000

▲2.7%

▼30.1%

Total Sale Volume

$34,092,000

$59,630,000

$93,494,500

▲174.2%

▲56.8%

Top Residential Sale $2.845M 1070 GRAND BAHAMA LN, RIVIERA BEACH, FL 33404

LUXURY REPORT

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