Trending...
- CORPORATE IMMIGRATION PARTNERS, PC ANNOUNCES ANNE NAKAMURA HAS JOINED THE FIRM
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
- A rare chance to own a multi-family property in the heart of Bay Ridge
ROYAL PALM BEACH, Fla. - illiNews -- ROYAL PALM BEACH, FL - A rare opportunity has emerged in South Florida's competitive real estate market as the owner of a prestigious waterfront property at 2884 Bellarosa Circle announces an unconventional sales approach. Potential buyers can now submit offers they believe represent fair market value for one of the largest homes in the coveted Porto Sol community.
Recently appraised at $815,000 in March 2025, this 3,788-square-foot luxury residence features six bedrooms, five bathrooms, and a three-car garage. What sets this offering apart is the seller's willingness to consider all reasonable offers without a fixed list price, effectively letting qualified buyers determine what they believe the property is worth.
"This approach challenges the traditional real estate transaction model," says the listing agent, John Demitri. "We're confident in the home's value but recognize today's buyers face unique financial considerations. By opening the floor to offers, we're creating a more collaborative process that benefits motivated buyers."
More on illi News
The seller has added an exceptional incentive: buyers who offer the full appraised value will receive mortgage rate buy-down assistance, potentially securing interest rates in the 3% range - significantly below current market rates that have dampened buyer enthusiasm nationwide.
"We're essentially saying: recognize the true value of this exceptional property, and we'll help make the financing work in today's challenging interest rate environment," Demitri explains. "It's a win-win proposition for buyers seeking long-term value."
The waterfront property stands out not only for its size but also for its versatile layout and premium location within Porto Sol, one of Royal Palm Beach's most desirable communities. The residence combines spacious living areas with high-end finishes and water views.
Interested parties must submit offers with proof of funds or mortgage pre-approval. The seller will review proposals based on both price and terms, with no guarantee that any specific offer will be accepted. This approach provides flexibility while ensuring serious inquiries from qualified buyers.
More on illi News
This innovative sales method comes at a time when South Florida's real estate market continues to experience significant demand despite higher interest rates. By removing price anchoring from the equation, the seller aims to find the true market value while providing buyers an opportunity to secure an exceptional property on terms that work for their financial situation.
For more property information go to https://home.thedemitriteam.com/2884-bellarosa-cir
or to schedule a viewing, interested parties should contact the listing agent to coordinate.
Contact:
John Demitri - The Demitri Team at KW Reserve
Email: Demitri@TheDemitriTeam.com
Phone: (561) 254-4673
Recently appraised at $815,000 in March 2025, this 3,788-square-foot luxury residence features six bedrooms, five bathrooms, and a three-car garage. What sets this offering apart is the seller's willingness to consider all reasonable offers without a fixed list price, effectively letting qualified buyers determine what they believe the property is worth.
"This approach challenges the traditional real estate transaction model," says the listing agent, John Demitri. "We're confident in the home's value but recognize today's buyers face unique financial considerations. By opening the floor to offers, we're creating a more collaborative process that benefits motivated buyers."
More on illi News
- Bak Brothers, Inc. Expands Exterior Remodeling Services to La Grange, IL
- AI-Based Neurotoxin Countermeasure Initiative Launched to Address Emerging National Security Needs: Renovaro, Inc. (N A S D A Q: RENB)
- The Naturist World Just Shifted — NaturismRE Ignites a Global Resurgence
- Veterans and Young Job Seekers Get a Boost Through Mentor Agile's Expanded WIOA Support Program
- Build. Repair. Refresh – Summer Pond Projects Are in Full Swing!
The seller has added an exceptional incentive: buyers who offer the full appraised value will receive mortgage rate buy-down assistance, potentially securing interest rates in the 3% range - significantly below current market rates that have dampened buyer enthusiasm nationwide.
"We're essentially saying: recognize the true value of this exceptional property, and we'll help make the financing work in today's challenging interest rate environment," Demitri explains. "It's a win-win proposition for buyers seeking long-term value."
The waterfront property stands out not only for its size but also for its versatile layout and premium location within Porto Sol, one of Royal Palm Beach's most desirable communities. The residence combines spacious living areas with high-end finishes and water views.
Interested parties must submit offers with proof of funds or mortgage pre-approval. The seller will review proposals based on both price and terms, with no guarantee that any specific offer will be accepted. This approach provides flexibility while ensuring serious inquiries from qualified buyers.
More on illi News
- Lake Street Capital Partners Establishes New Residential Services Platform HighPoint Exterior Home Services by Partnering with Choufani & Bailey Roofing & Restoration
- $796,000 in Q2 Revenue Marks Highest Earnings to Date on 3 Trailing Quarters of Profitability in Multi-Billion Homebuilding Sector: Stock Symbol: IVDN
- Cybersecurity is THE Hot Market Sector; Revenues, Earnings & Profit matter; Only 33 Million Shares + a Huge Short Position Equal an Undervalued Stock
- Despite Global Calls for a Ban, US Child Psychiatry Pushes Electroshock for Kids
- CarobWay Launches Food-Forward Prebiotic Fiber Innovation at IFT
This innovative sales method comes at a time when South Florida's real estate market continues to experience significant demand despite higher interest rates. By removing price anchoring from the equation, the seller aims to find the true market value while providing buyers an opportunity to secure an exceptional property on terms that work for their financial situation.
For more property information go to https://home.thedemitriteam.com/2884-bellarosa-cir
or to schedule a viewing, interested parties should contact the listing agent to coordinate.
Contact:
John Demitri - The Demitri Team at KW Reserve
Email: Demitri@TheDemitriTeam.com
Phone: (561) 254-4673
Source: The Demitri Team
0 Comments
Latest on illi News
- databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
- Universal Destinations & Experiences Plans Second Universal Horror Unleashed in Chicago
- Colorado Scenthound Locations Partner with Humane Colorado to Give Adopted Dogs a "Clean Start"
- Big Green Egg and Ace Hardware Launch "Egg Your Neighbor" Contest to Celebrate Neighborhood Heroes
- Pi9 Becomes a Microsoft Training Services Partner
- Endoacustica Europe Unveils iPhone 13 Pro Max Spy Phone—Pure Hardware, Zero Software Changes
- Suzanne Harp named Managing Director in Texas, USA
- $10 Million Acquisition of GXR World Sports Assets Energizes Global Launch of Sports.com Super App by Online Lottery-Sports Game Provider: Lottery.com
- Shop American Made Goods: New Online Marketplace My American Goods Curates the Best of U.S. Made
- Investor Spotlight: Cycurion, Inc. (N A S D A Q: CYCU) Secures $69M in Contracts Amid Surging Demand for AI-Powered Cybersecurity Solutions
- $328 Million Global Stroke Rehab Market Opportunity Awaits AI Telehealth Leader Following Selection for NIH Funded Phase 3 Clinical Study: VSee Health
- Ascent Solar Technologies Enters Collaborative Agreement Notice with NASA to Advance Development of Thin-Film PV Power Beaming Capabilities: ASTI
- VoodooSoft Unveils SiriusLLM: The World's First ChatGPT-Like AI Malware Detection Engine
- This Ain't Press. This Is Pressure — Star Command by RansomXX is Out Now
- Emerald Reimagined: Garden Party & Fundraiser to Celebrate Englewood's Bold Next Chapter
- An Exclusive VIP Reception Honoring Vocal Prodigy Alliana Lili Yang's Remarkable Achievements and Magazine Cover Spotlight
- Joyce Carol Oates Returns to Hard Case Crime With DOUBLE TROUBLE
- New AI Academy Helps Therapists Embrace Tech Without Losing Their Humanity
- IQSTEL Surges Toward $400M Run Rate with $101.5M in Revenue—Reinforces Billion-Dollar Vision Backed by Fintech, AI, and Cybersecurity