Sheldon Good & Company to auction 30 fabulous condominiums at spectacular Landmark at the Gardens
“Live a Dream of Lifestyle, in Residences of Rare Distinction”
“Landmark Lifestyle” now accessible to savvy bidders
(Palm Beach Gardens, FL, September 18, 2008) — In a “once in a lifetime” residential real estate auction event, the lifestyle of the fortunate few will soon become available to 30 successful bidders in one of the most exciting auction opportunities the Palm Beach region has seen in nearly two decades.
Sheldon Good & Company Auctions, LLC (www.sheldongood.com), the nation’s largest commercial and residential real estate auction company today announced that it has been retained in an exciting offering of spectacular Floridian lifestyle property. Thirty ultra-luxurious condominiums at the unparalleled Landmark at the Gardens in Palm Beach Gardens, Florida will be auctioned. The building in Palm Beach Gardens is the only, and final, high-rise residence permitted in Palm Beach Gardens. The Landmark offers residents a peerless, residential aerie from which to reflect upon a life of achievement, wealth and success.
The auction of the Landmark at the Gardens residences will be conducted on November 9th at the Marriott Palm Beach Gardens, minutes away from the property. Palm Beach society has not seen an auction of this magnitude since Sheldon Good & Company successfully auctioned 88 condominiums, together with commercial space, for Donald Trump in 1991 at the dual-towered Trump Plaza of the Palm Beaches.
Originally priced from $600,000 for the condominiums and from $3.5 million for the penthouses, ten of the residences will be sold subject to low minimum bids. Bidding for the condominiums start at $350,000. Suggested opening bids for the penthouses begin at $650,000, making the pinnacle of the Palm Beach Gardens lifestyle accessible to potential owners from throughout the United States and abroad.
Sales at the Landmark have been quite successful. More than 70% of the three-towered Landmark at the Gardens are already sold out. Sheldon Good’s auction of the Landmark at the Gardens residences becomes a win/win scenario for seller and purchasers by accelerating the sales of remaining inventory. The developer understands that it will save significant marketing and carrying costs by utilizing the auction marketing method, thus being able to move on sooner to the next project. In order to accomplish this, they are more than happy to pass along a discounted price to the buyers at the auction.
In announcing the auction, Steven L. Good, Chairman and CEO of Sheldon Good & Company Auctions, Inc, said: “Landmark at the Gardens is a very appropriate name for this spectacular paradigm of what can only be described as a residential paradise. These residences represent a dramatic residential symphony, a wealth of beauty, elegance and style seen only in the most exclusive of residences and available previously only to a fortunate few.”
Mr. Good added: “The Landmark at the Gardens auction is one of those rare, once in a lifetime opportunities. Although the market is somewhat sluggish, the Landmark at the Gardens is the best building around. And the market here always comes back stronger and stronger.“
Mr. Good noted: “Our auction is opening up world-class resort living in the heart of the Palm Beach region, one of the world’s most exclusive warm weather playgrounds for the rich and famous. Beautiful and privileged living in a Palm Beach paradise will now be accessible to the savvy bidder.”
Mr. Good said that the Landmark at the Gardens complex attracts individuals seeking a primary residence, as well as those looking for a second, third or fourth home, with potential purchasers hailing from the East Coast, throughout the United States and the even the rest of the world.
According to research furnished by the developer, some of the potential purchasers of the condominiums at Landmark at the Gardens are individuals with either no children or with grown children, who already have owned, or currently own, a golf course-based or oceanfront residence in Florida. They seek to reconnect with a luxurious lifestyle living closer to fine restaurants, theaters, fashionable shopping and outdoor concerts that fit in with their leisurely pursuits.
Mr. Good said: “We believe that potential purchasers at this auction have already decided that they no longer want the nuisance of owning a large home. They do, however, want a life of enhanced amenities in an ultra-luxurious building. More important to them than the suburban backyards about to be left behind is a valet service to park their sports car or someone to bring their groceries upstairs. They want immediate proximity to restaurants, theaters, shopping and concerts. They want to go on vacation at anytime by just locking the door without worrying about anything but having a great time. The Landmark at the Gardens active lifestyle gives it all to them in grand style.”
Landmark at the Gardens: “unparalleled residential experience”
Jeffrey L. Hubbard, Executive Managing Director of Sheldon Good & Company Auctions, NorthEast, LLC, stated that potential purchasers of the residences at Landmark at the Gardens are well acquainted with the pampering that accompanies a stay at such
unparalleled hotels as The Four Seasons, Ritz-Carlton, or Peninsula Hotel, forever altering one’s expectations for luxury accommodations and the status that comes with a lifetime of achievement. “Landmark at the Gardens was designed to reflect the singular experience of an extended visit to a five-star hotel, creating an unparalleled residential experience,” Mr. Hubbard said. “The individual residences at Landmark at the Gardens are named after some of the world’s most famous hotels in recognition of this,” he added.
“Due to the development’s location in an area of low buildings, The Landmark creates an illusion of looking very large; however there are only 166 residential units in the three towers,” Mr. Hubbard said. “The towers have a relatively small footprint, although the individual residences boast expansive footage. With a maximum of only five residences per floor, it is really a boutique building,” he said.
Inspired by the tenets of timeless Mediterranean architecture, Landmark at the Gardens conveys an impressive aura, as its three towers soar over glistening Lake Victoria. Stunning as the exteriors may be, what is inside elevates Landmark at the Gardens into a community of rare distinction.
Amenities, amenities, amenities
Residents at the Landmark discover a new lifestyle that includes the security and privacy that can only be found in a high-rise condominium. The resort level is complete with outdoor entertaining and cooking areas, heated pool, sunning decks, steam rooms, and a state-of-the-art fitness club.
From the stunning lobby with its 24-hour staffed reception desk to the breathtaking Grand Salon, no detail has been missed. The Club Level offers a library, private screening room, and an elegant Club Room with lounge and bar. Amenities include a full service concierge and valet parking just as you would find in the world’s finest hotels.
Residences impart aura of comfort and luxury
Generous, well-designed floor plans impart an aura of comfort and luxury, yet are optimized for everyday living. Expertly outfitted kitchens boast an array of fine finishes and premium-grade appliances; designer master baths are adorned with Italian marble, spa tubs, and European cabinetry. Walls of sliding glass lead to terraces and offer glorious views of the Palm Beach Gardens landscape where wealth and success are not only expected, but highly celebrated.
Decorator finishes also offered at auction; or purchasers may utilize own decorators
The residences at Landmark at the Gardens have been completed. Decorative finishes have been left to the purchasers’ individual tastes. Buyers will have the ability to select their own floor, custom paint treatments and trim, should they so desire. The seller is offering the purchaser two different decorator packages that may be purchased at the auction to finish the residence, or purchasers can choose to finish out with their own decorator.
A sampling of the available residences follows:
The condominium residences:
Residence BRs/Bths Total S/f. Model Minimum Bids
102A 2/2.5 2,201 Drake $350,000
804A 2/2.5 2,119 Drake II $350,000
902B 2/2.5 2,423 Fairmont $350,000
405A 3/3 2,841 Barclay $375,000
303A 3/3 2,752 Plaza $400,000
501B 3/3 3,225 Peninsula $475,000
The penthouses:
Residence BRs/Bths Total S/f. Model Suggested Opening Bids
1502A 3/3.5 3,927 Ritz $700,000
1503A 3/3.5 4,123 Claridge $800,000
1701B 4/5.5 6,971 Villa D’Este $1,650,000
Architect and builder Richard A. Swartz, and partner Andrew Steinberg, principals of HomeDevco, a company creating award-winning communities of distinction, created Landmark at the Gardens. HomeDevco has been a prominent and highly acclaimed local developer for the past 15 years, creating active adult communities, townhome communities and single-family homes. Landmark at the Gardens is the company’s masterwork.
Said Mr. Swartz: “In creating Landmark at the Gardens, we attempted to create a building with grand residences, more of a home-like design offering not only panoramic views from living spaces and terraces, but abundant closets and grand bathrooms that would provide unparalleled luxury and amenities that would attend to its residents’ every need.”
“We believe time to purchase is now; market projected to return by year-end”
Mr. Swartz added: “All you need do at Landmark at the Gardens is move in and acclimate yourself to a lifestyle where pampering is a way of life, where your every need is anticipated and exceeded. We believe we have successfully created a world-class, luxurious lifestyle at Landmark at the Gardens. Comparable luxurious buildings in New York City sell for ten times the asking price here. The time to purchase is right now, as we believe the real estate market will return to its previous strength as it always does in Florida. ”
Mr. Swartz said that Landmark at the Gardens sets a new benchmark for opulent living. Delightful details and fine finishes, combine with outstanding natural materials, including handsome doors of solid hardwood, custom cabinetry, granite and marble accents, and premium lighting and fixtures creating most desirable homes.
The Landmark is just a footbridge away from Downtown at the Gardens, where residents can enjoy fine dining, upscale shopping, outdoor concerts and a variety of other entertainment options. The property is also located minutes from the famed Gardens Mall, the Intracoastal Waterway, beautiful white sand beaches, the vibrant blue waters of the Gulf Stream, Palm Beach and the I-95 interstate.
About Richard A. Swartz, Andrew Steinberg and HomeDevco:
Reputation for Exemplary Design: HomeDevco’s diverse background consists of the architecture, development, acquisition, and operation of luxury multi-family apartment, condominium and single-family home communities, as well as commercial buildings and retail centers. By appealing to a customer who desires exceptional features, custom opportunities and prime locations, HomeDevco communities are easily distinguished from all others. For years, HomeDevco has continued to earn a reputation for exemplary service by adhering to a strong customer satisfaction policy focused on personalized attention to detail.
Experience is key: HomeDevco was established by a partnership of real estate professionals who bring over 50 years of combined experience to the company. The varied and complementary expertise of company principals Richard Swartz and Andrew Steinberg includes design, construction and sales.
About Sheldon Good & Company Auctions LLC
Sheldon Good & Company (www.sheldongood.com), America’s Real Estate Auctioneer, has been rated as the largest real estate auction company in the United States by a number of prestigious publications. The company has aggregate sales of over billion. For further information, please call Sheldon Good & Company at 1-800 315-2199 or log onto www.sheldongood.com/landmark.php.
Landmark at the Gardens final91708.doc (40 KB)
Related posts:
- Sheldon Good & Company to auction 20 Waterfront Townhome Condominiums in Catskill, New York, premiere all-season recreational destination in one of the 10 “Coolest Small Towns in America”
- Founding Chairman and CEO of Bankrupt Sheldon Good & Company Severs All Ties to Chicago-based Company
- Sheldon Good & Company Auctions, Inc. in Series of Residential Real Estate Auctions in Nevada, Arizona and California; 143 Properties to be Sold; 30% Absolute, Regardless of Price
- Pillsbury Estate in Minnesota for Auction by Sheldon Good & Company
- Acquisition of Sheldon Good & Company Auction Firm Approved by Bankruptcy Court
Recent Comments