Palm Beach Post
At a time when some developers are having difficulty moving inventory, The Residences at Midtown in Palm Beach Gardens just celebrated its two busiest sales weeks since opening the community in 2008.
More than 35 contracts have been written in 14 days, and, because of high broker activity, it is anticipated that many more will be written in the next few weeks.
With 50 percent of its condominiums sold, this mixed-use community by Ram Realty Services on PGA Boulevard just west of Military Trail is one of the fastest-selling developments in the area.
The Residences at Midtown is posting strong sales in what would otherwise be considered a down market. Why? “Because it is the best value, and you can’t beat it. It’s just perfect,” said Jupiter Lighthouse Realty’s Marie T. Eisenhauer, a real estate agent who wrote several contracts and bought one herself.
The Residences at Midtown is offering buyers incentives from $25,000 to $100,000 toward the purchase of a new condominium. The incentive reduces the price of a one-bedroom model to $99,000.
Special values are available among the 10 available floor plans (two plans have sold out), including the lofts above retail shops and on the three-bedroom plus den Bond model, which provides a lake view and 2,161 total square feet.
The Residences at Midtown offers a home for every buyer and budget, and offers great mortgage rates, too.
The Residences at Midtown are within walking distance of the restaurants, shops and theater at Midtown. Just east of the community is Garden Square, with even more restaurants, shops and a Publix within walking distance.
The sales center, in the clubhouse at 4901 PGA Blvd., is open from 10 a.m. to 6 p.m. Monday through Friday, 10 a.m. to 5 p.m. Saturday, noon to 5 p.m. Sunday.
For more information, visit the Web site www.midtownpga.com or call (561) 630-5757.