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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
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