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.
