Real Estate Notebook: Luxury condos coming to West Palm Beach

Palm Beach Island Shoreline Gets New Real Estate For The First ...

Bristol Palm Beach, an ultra-luxury 25-story condominium, is expected to break ground this summer along Flagler Drive in West Palm Beach.

The 69 units in the building at 1100 S. Flagler Drive target well-heeled buyers: Prices range from $5 million to $25 million. The units are from 3,700 to 14,000 square feet.

The developer is Flagler Investors, a partnership of Golub & Co., Commercial Financial Management and Elion Partners.

A sales center is at 440 Royal Palm Way in Palm Beach. The project is due to open in early 2018.

Jupiter apartments fetch $42 million

The Dakota at Abacoa apartment complex in Jupiter has sold for $42 million.

An affiliate of West Palm Beach-based Priderock Capital Partners bought the 190-unit property from a company tied to Index Investment Group and Eastwind Development.

Jupiter-based Index has built eight rentals from Central Florida to the Keys in partnership with Eastwind. They built Dakota in 2014. One-, two- and three-bedroom units start at $1,370 a month.

Stiles executive wins award

Doug Eagon, longtime president of the Stiles real estate firm, was awarded the NAIOP South Florida 2016 Lifetime Achievement Award.

The local chapter of the National Association of Industrial and Office Properties honored Eagon for his contributions to the trade group and the South Florida real estate community. Previous recipients include developers Armando Codina and Terry Stiles. Stiles presented the award to Eagon on Feb. 25 during a ceremony at the Hyatt Regency Pier Sixty-Six hotel in Fort Lauderdale.

Eagon has worked for Stiles for 35 years, the past 20 as president. In March, he will become vice chair of the board of the Fort Lauderdale firm.

Former BankAtlantic building sells

A Pennsylvania company has paid $21.5 million for the former BankAtlantic headquarters in Fort Lauderdale, public records show.

The two-story 185,000-square-foot building is at 2100 W. Cypress Creek Road. The buyer was Rosemont, Pa.-based 2100 West Cypress Creek Road Associates. The seller, 2100 West Cypress Creek Holdings, paid $21 million for the site in April 2015, records show.

Landscape architect to work on Fort Lauderdale project

Witkin Hults Design Group, an international landscape architecture firm in Hollywood, says it has been hired to design outdoor amenities for Quantum Flagler Village in Fort Lauderdale.

The firm will design pools, deck, outdoor areas and an urban plaza. Quantum Flagler Village is a new mixed-use development at Sunrise Boulevard and Federal Highway. It will have 338 apartments, a 138-room Courtyard by Marriott and 25,000 square feet of ground floor retail. The developer is the Prime Group of Fort Lauderdale.

Community association courses offered

The Katzman Garfinkel law firm will hold three free seminars for South Florida community associations in March.

The first course, to be held March 2, will allow board members to discuss issues with each other and a panel of experts in the accounting, management, insurance and legal fields.

The event will be from 11 a.m. to 1 p.m. at the Pat Larkins Center, 520 NW 3rd St. in Pompano Beach.

Other courses are scheduled for March 16 in Delray Beach and March 25 in Tamarac. For more information or to register, call 954-486-7774.

Staff researcher Barbara Hijek contributed to this report.

Peowers@tribpub.com, 561-243-6529 or Twitter @paulowers

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