SAN MICHELE

San Michele is an exclusive community of 90 single-family luxury homes created to offer an alternative to country club living for upscale homebuyers.   Homes, built between 2002 and 2006, range in size from about 3100 square feet to over 7000 square feet (air conditioned) and are priced over $1 million. San Michele is a gated community located in the northern section of Palm Beach Gardens at Hood Road and Central Boulevard, convenient to shopping, schools, recreational facilities and commercial locations.  

Recent Market Activity --  In 2014 there were just three homes that sold in San Michele.  The median price of these homes was $1,400,000 meaning one home sold at a price higher and one home sold at a price lower.   

Older Market Activity -- Like so many upscale neighborhoods in Palm Beach Gardens, San Michele is struggling to find a bottom point for its real estate sales. Through June 2012 just one home sold in San Michele and that went for $225 per square foot.   During 2011 eight  homes sold in San Michele and they averaged $201 a square foot, an 11 percent decline over the five homes sold in 2010 averaging $226 a square foot.   Four homes sold in 2009 averaging $219 per square foot.  In 2008 there were five sales in San Michele averaging $241 per square foot.  At the end of July 2012 there were nine homes on the market in San Michele plus two additional homes under contract. One of the two homes under contract is a short sale.     San Michele is located in the northern part of Palm Beach Gardens on Central Avenue, just north of Hood Road, with excellent proximity to highly rated public and private schools. 

San Michele

All Listings $900,000 - $1,000,000 Over $1,000,000
6 Properties Found. Showing Page 1 of 1
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