June 10, 2013
Another luxury penthouse has sold at One Thousand Ocean in Boca Raton. At 11.7 million dollars, “The Shore” penthouse is the most expensive unit at the ultra-exclusive oceanfront condo development.
Over the past 3 months, One Thousand Ocean has closed 5 sales for a total of 38 million dollars, according to the developer, LXR Luxury Resorts and Hotels. This further shows recovery in the housing market, especially in the high-end sector.
“For years, these penthouses were impossible to sell, but the momentum we’ve been able to build over the last few months is really incredible,” Jamie Telchin, president of development for LXR, stated.
The Shore penthouse includes 7,550 square feet of interior living space, plus 4,600 square feet of outdoor terraces. The luxury waterfront condo also features floor-to-ceiling glass, a private poolside cabana, breathtaking ocean views and a 3-car garage. Only 2 units remain in One Thousand Ocean.
Source: Sun Sentinel
May 28, 2013
A luxury oceanfront penthouse in Boca Raton’s One Thousand Ocean has sold for 7 million dollars to a cash buyer. This marks the building’s third penthouse deal since March and its fourth sale of new inventory in the last 75 days.
“The Sky” penthouse features 4,628 square feet of indoor living space and 2 terraces with a total of 2,343 square feet of outdoor living space. The oceanfront residence also includes a private elevator, 14-foot ceilings, a poolside cabana and a 3-car garage.
With a booming housing market, developer LXR Luxury Resort & Hotels said the exclusive condo building could be sold out within the next few months. Currently, only three residences remain in the 53-unit development, including one designer-ready penthouse currently listed for 12.95 million dollars.
One Thousand Ocean is located next to Boca Raton’s Boca Beach Club. The beachfront condos are situated at the end of private peninsula at the Boca Raton Inlet. For more information, contact Niki Higgins at 1.888.242.4422.
Source: Sun Sentinel
March 22, 2013
One Thousand Ocean, a 7-story luxury building in Boca Raton, has closed two more units, bringing the oceanfront property to 91% occupancy. The recently sold units, a 2-story beach villa and a penthouse, totaled 11 million dollars.
The beach villa holds three bedrooms, four bathrooms, over one thousand square feet of terraces, an elevator, a pool with an outdoor kitchen and a two-car garage. It closed for 5.15 million dollars. It was the last beach villa available at One Thousand Ocean.
The second sold unit, a customizable penthouse, closed for 5.86 million dollars. The residence includes 1,450 square feet of terrace, 14-foot ceilings, a private 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
March 08, 2013
Just the other day we saw a luxury oceanfront buyer purchase two penthouses at the Miami Beach Edition to increase the square footage. Today, an oceanfront buyer in Boca Raton purchased a penthouse at One Thousand Ocean and decreased the size.
The buyer wasn’t interested in purchasing the entire penthouse and One Thousand Ocean was willing to customize the unfurnished unit. The oceanfront penthouse was split into two and purchased for five million nine hundred thousand. The square footage of the penthouse is 4,142 and the terrace is 1, 450 square feet with spectacular ocean views. The other half of the penthouse is on the market for seven million six hundred thousand five hundred.
If you’re looking for an oceanfront penthouse from Miami Beach to Palm Beach and you want to increase or decrease the square footage you may just need to ask. The luxury market is hot and developers are willing to make changes to make their buyers happy. One Thousand Ocean is now 89 percent sold out.
February 21, 2013
The developer for One Thousand Ocean is offering the option to purchase a Roche Bobois furniture package with the remaining two-story luxury beach villa and a one-story condo unit.
“The high-end furniture helps to showcase the spaces and how they function. The brand appeals to the sophisticated tastes of many of our buyers, and we have found that having this luxurious furniture in select residences is instrumental in making residential sales, whether buyers choose to purchase the furniture or not. If they do buy the furnishings, it is a great turnkey opportunity for them,” Jamie Telchin, president of developments for LXR Luxury Resort & Hotels, said.
The addition of this exquisite European furniture package is perfect for the luxury vacation home buyer. All the work is done. You don’t have to higher an interior decorator or make any additional decisions. This is ideal for a vacation home.
One Thousand Ocean is an elegant seven story luxury oceanfront condominium building with beach residences, condos and penthouses. This magnificent luxury condominium building is located on the tip of a private peninsula at the Boca Raton Inlet. Resident prices range from three million to fifteen million. At this time there are six luxury condos and one beach villa left for sale.