The house at 420 Brazilian Ave. in Palm Beach recently had undergone a sophisticated and thorough renovation. It last changed hands in 2017.

The Frederickson House — a two-bedroom, two bathroom renovated bungalow in Laurel Park — is for sale for almost $1.7 million.

Florida’s pandemic-era housing boom is finally starting to fade. For-sale inventory in the state has reached the highest levels on record, and homes are staying on the market longer even as peak ...