Posts Tagged With 'boca raton'

One Thousand Ocean Closes Two More Units

One Thousand Ocean Closes Two More Units

One Thousand Ocean, a 7-story luxury condominium building in Boca Raton, has closed two more residences. The recently sold units, a beach villa and a penthouse, totaled $11 million.

The beach villa features three bedrooms, four bathrooms, large terraces, an elevator, a pool and a two-car garage. It sold for $5.15 million and was the last remaining beachfront villa at One Thousand Ocean.

The customizable penthouse closed for $5.86 million. The luxury condo residence includes 1,450 square feet of terrace, 14-foot ceilings, a cabana and a private elevator lobby.

The luxurious and modern One Thousand Ocean is comprised of 52 residences and is located on a private peninsula, with views of the Boca Raton Inlet, Intracoastal and Atlantic Ocean. It is adjacent to the Boca Raton Resort and Beach Club. Just a few units remain in the building in what is anticipated to be the final selling season.

Source: The Real Deal

One Thousand Ocean, Luxury Oceanfront Condos in Boca Raton, Florida

One Thousand Ocean

Oceanfront Villa at One Thousand Ocean Sells for $4 Million

One Thousand Ocean, a luxury condo building in Boca Raton, hit sales of $205 million this month, after the purchase of a beach villa for $4 million.

The villa was paid for in cash by an unnamed resident of Virginia. One Thousand Ocean is located on a peninsula adjacent to the renowned Boca Beach Club and extends from the Atlantic Ocean to the Intracoastal Waterway.

The seven-story luxury beachfront building features 52 residences, with beach villas, waterfront condominiums and luxury penthouses. The developement is of the same caliber as Luxuria, The Excelsior and Mizner Tower, all also located in Boca Raton.

The exclusive oceanfront residences range from $3 million to more than $15 million.

Palm Beach Luxury Housing Market is Continuing to Improve

Palm Beach Luxury Housing Market is Continuing to Improve

The Palm Beach real estate market is catching up to Miami’s booming market.

Palm Beach has always been a popular location for luxury homeowners because of the fine boutiques, 5 star restaurants and unrivaled ocean views. Unfortunately, the housing market crash put a hold on the purchasing of luxury oceanfront homes for a while.

According to the Realtors Association of Palm Beach, the median price of condominiums in Palm Beach County rose 16 percent this August, compared to the same time last year.

“Buyers who were sitting on the sidelines became very active after the first of the year,” said Bonnie Lazar, 2012 president of the Realtors Association of the Palm Beaches. “As a result, inventory moved quickly and changed the dynamics of the market, sparking an increase in the median price of single-family homes.”

A few of the sought-after luxury oceanfront condo buildings located in Palm Beach are The Excelsior, Luxuria, Bellaria, One Watermark Place, Dolcevita and The Ritz-Carlton Residences.





Luxuria, luxury oceanfront condos, palm beach, miami, fort lauderdale