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
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