{"id":2950,"date":"2021-08-10T12:22:16","date_gmt":"2021-08-10T16:22:16","guid":{"rendered":"https:\/\/www.luxuryhomemagazine.com\/thepalmbeaches\/blog\/?p=2950"},"modified":"2021-08-11T12:23:08","modified_gmt":"2021-08-11T16:23:08","slug":"230-valencia-in-el-cid-west-palm-beach-brewer-hackett-team","status":"publish","type":"post","link":"https:\/\/www.luxuryhomemagazine.com\/thepalmbeaches\/blog\/2021\/08\/10\/230-valencia-in-el-cid-west-palm-beach-brewer-hackett-team\/","title":{"rendered":"230 Valencia in El Cid, West Palm Beach | Brewer Hackett Team"},"content":{"rendered":"<p>[vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221;][vc_column width=&#8221;2\/3&#8243;][vc_single_image image=&#8221;3029&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221; qode_css_animation=&#8221;&#8221; css=&#8221;.vc_custom_1628696608523{margin-bottom: 30px !important;}&#8221;][vc_column_text css=&#8221;.vc_custom_1628698990457{margin-bottom: 30px !important;}&#8221;]Our buyers had been leasing a lovely seasonal residence in Palm Beach and were looking to make a purchase on the Island.\u00a0 We put in full -asking offers and ordered inspections on a couple of older homes. However, the renovations required exceeded our buyers\u2019 intentions. \u00a0They were open to renovating, but really wanted a home that already exuded character and charm.<\/p>\n<p>As second quarter 2021 progressed, it was clear prices were skyrocketing and inventory was rapidly declining.<\/p>\n<p>Our clients had an affinity for classic, Spanish Mediterraneans.<\/p>\n<p>With the luxurious Bristol condominium just over the bridge in West Palm Beach becoming the chicest destination for Palm Beachers, what\u2019s old became new again. Sales ignited in El Cid, an exclusive enclave fronting the Intracoastal. \u00a0Many of the residences here date back to the 1920\u2019s.\u00a0 With ample lots, beautiful landscaping and an eclectic feel, homes began selling in one day for record prices. Compared to Palm Beach, they were perceived as great value.<\/p>\n<p>230 Valencia Road came on the market. Built in 1926, featuring three bedrooms, a guest house with a pool and lovely indoor\/outdoor space, our clients fell in love with it.<\/p>\n<p>However, timing is everything and they weren\u2019t yet completely committed to West Palm Beach.<\/p>\n<p>It sold, but as luck would have it, during the inspection period, the buyer backed out for personal reasons. It became available again. This time, the buyers were away and missed the opportunity.\u00a0 It closed and ironically, the new buyer decided to put it back on the market.\u00a0 We made an offer, (which was significantly higher than the price at which the home had just sold), and sure enough, the third time was the charm!\u00a0\u00a0 We had an extended inspection period and proceeded to a smooth closing.<\/p>\n<p>Presently, our clients are embarking on a lovely restoration and renovation, including a new pool, outdoor entertaining area and expansive master suite.<\/p>\n<p>Happy buyers and another successful deal closed by The Brewer Hackett Team.\u00a0 If you are looking to buy or sell in the Palm Beaches, contact our team at 561-339-5929.<\/p>\n<p>Wishing you blue skies and calm waters.<\/p>\n<p>Victoria Brewer, Broker Associate and Cary Lee Hackett, Realtor Associate, Douglas Elliman Real Estate, Palm Beach.\u00a0 #TheNextMoveisYours.[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1618337553332{margin-bottom: 30px !important;}&#8221;]Visit <a href=\"https:\/\/www.luxuryhomemagazine.com\/thepalmbeaches\/\">Luxury Home Magazine of The Palm Beaches<\/a> to search more available luxury real estate in South Florida.[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_widget_sidebar sidebar_id=&#8221;sidebar&#8221;][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; 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