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From the ashes ...
All New ...
On Solid Ground ...
World-Class Amenities ...
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Unit 25-F*
Unit 25-H*
Unit 17-C*
Unit 37-G
Unit 25-G
Unit 2-G
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* SOLD
** Contract pending


On Solid Legal and Financial Ground ...

 

  • The Tiara is essentially a new property, with all units owned, with the exception of six which are owned by the Association and now offered for sale. With 400 feet of ocean frontage, coupled with an exceptional beach, the Tiara is truly one of the most desired locations on Singer Island. 
  •  Relatively low maintenance fees, exceptional amenities, and virtually no debt make the Tiara one of the most sought after beachfront properties in all of Palm Beach County. 
  • With two minor exceptions, past litigation and mechanical liens have been resolved for owners and prospective owners, and financing is no longer restricted. 
  • The Tiara Condominium Association currently has an approximate delinquency rate of less than 1%, despite over $60 million in assessments over the past five years. Most of this will be collected now that owners have access to the credit markets. 
  • There are 320 residential units in the Tiara, and only 15% have mortgages, minimizing the exposure to foreclosures which negatively impact property values. The Tiara has experienced a minimum of past foreclosures, despite owners inability for obtain financing because of prior litigation and mechanical liens. 
  • The Tiara’s architecture, and height, continue to make this property stand out and favorably compete with newer buildings on Singer Island. 

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