Buying a direct oceanfront condo with "WOW Factor" views

There are thousands of oceanfront condos along the coast of South Florida from South Beach to Palm Beach.  Oceanfront condo means that the footprint of the building is situated directly on the sand.Within each building there are many different floor plans offering variety of views; ocean views, west views, north or south views, etc.

Many of my clients from all over the world have the following specifications:

Relatively new building

Direct Oceanfront

3 bedrooms

Minimum 2500 square feet

and it must have the “Wow Factor”.

The “Wow Factor” is pretty self explanatory. You walk out of your private elevator foyer, go through the doors and you see the magnificent gorgeous colors of our tropical turquois ocean framed by floor to ceiling windows in a wide open spacious room.  And then you say “Wow”.

Here are some of my favorite new oceanfront condo buildings along the coast that offer spectacular ”Wow”views:

Trump Towers- Sunny Isles

Caribbean- Miami Beach

Bath Club Town homes- Miami Beach

One Bal Harbour- Bal Harbour

Turnberry Ocean Colony- Sunny Isles

One Thousand Ocean- Boca Raton

Luxuria- Boca Raton

Trump Hollywood

Each building has its own location, personality and price point.

We have seen incredible sales activity this past winter season and strong sales activity has continued into spring.  The well priced most desirable units are actively and rapidly selling.

As I have written many times, great buying opportunities continue to be evident on developer offered units.  Every buyer today is looking for a buying opportunity, I have introduced many of my buyers to developer units with great satisfaction.  In today’s market there are only a select few developer opportunities out there.  Trump Towers, Sunny Isles for example offers an amazing 3 bedroom 2928 square foot direct ocean unit.  Trump Towers has seen incredible sales, as their pricing is very attractive.

This is a very unique market with a very select number of outstanding properties that fit this criteria.

Boca Raton Luxury Oceanfront Condominiums- Exclusive- Limited Availability

View from the Luxuria Boca Raton Penthouse.

Oceanfront coastal land in the city of Boca Raton is only about 5 miles long.  Several public oceanfront parks occupy a good portion of the Boca Raton coast. Mid coastal Boca Raton hosts several condominiums built between 1970 and 1980′s.  These condominiums are across the street from the ocean.  Moving further south along the Boca Raton coast, within the 5 mile stretch there is a mere one mile stretch offering oceanfront condominiums directly on the sand.

Within that one mile stretch there are just a handful of relatively new luxury oceanfront condominiums with the prestigious address of South Ocean Drive. There are three ultra luxury buildings built after 2000 and two luxury building built in the mid 90′s.  That is it.  A total of 5 new or relatively new oceanfront condominiums in Boca Raton. Building restrictions prohibit tall structures so these luxury oceanfront buildings are low rise between 7 and 10 stories, with a very low density.  For those that want to live in an oceanfront condominium in Boca Raton, the options that are available are truly outstanding but there aren’t many.

One of the newest is One Thousand Ocean which has the distinct advantage of residing at the southernmost point right on the inlet as well as on the site of the Boca Raton Resort & Beach Club. One Thousand Ocean is a seven story building with only 52 residences. At this moment there are 32 sold of the 52.    Residences Range in size from 2835 square feet to around 6000 square feet. Finishes, the amenities, the services, the living space and the association with Boca Raton Resort makes this a very unique ultra luxury property. The Architectural style is modern and sleek.

Luxuria is also new offering just 26 exclusive residences and has 265 feet of beach front. Residences run from 4500 square feet to over 8000.  The style incorporates contemporary innovation and old world elegance.

Excelsior consists of 28 residences each with spectacular views of the Atlantic Ocean and west views of Lake Boca. The Mediterranean style courtyard and lobby lead to private elevators and attention to detail on all the interior finishes.  This property has sold out and there are occasionally a few residences available for resale. Resales today start at a low of $2.950 million and range to just under $6 million.

The Aragon has an all white modern looking exterior built in 1997. It has only 41 residences and is only 7 stories high.  There are resales available ranging from $1.9 million to $6.5 million.

Finally the largest of the South Ocean Drive buildings is the Addison consisting of two towers with a total of 169 condominiums. Resales range from $750,000 to just over $2 million.

Boca Raton has a very exclusive oceanfront community with exceptional ultra luxury properties.  The level of luxury far exceeds many other condominiums in South Florida.  The highest level of luxury oceanfront living available to just a few.  Although square foot prices vary, in one of the three newer luxury oceanfront condominiums in Boca Raton, prices range  from the mid $900′s to over $1200 square foot.

One Thousand Ocean-Boca Raton- Featured on "Selling New York" on HGTV

One of my favorite shows on TV these days is Selling New York on HGTV.  As a former New Yorker and luxury real estate professional in Florida, it is fascinating to see the current luxury New York real estate market.  In a recent episode, the New York Broker, Michelle Kleier had a client interested in a luxury property in Boca Raton. One Thousand Ocean in Boca Raton was highlighted in the episode.

The Broker from New York, mentions several times, that she believes that Florida Real Estate is a great buy now.

One Thousand Ocean consists of only 52 exclusive oceanfront condominiums and 7 stories with prices starting at $3 million. This property is brand new construction.   One Thousand Ocean is adjacent to the world renown Boca Raton Resort and Beach Club and is situated on a magnificent peninsula with breathtaking views.  There are oceanfront villas, residences and penthouse units available.

Every residence offers ocean and/or Lake Terrace views, with a private plunge pool and outdoor kitchen for entertaining.  The interiors have floor to ceiling windows, 10 foot ceilings, or 20 foot ceilings in the villas. The kitchens and baths are appointed with state of the art finishings.

For more information on One Thousand Ocean in Boca Raton, contact me Susan Reiter 954-632-3266 susan@blogsouthflorida.com.

“Selling New York” from HGTV the episode featuring South Florida:

Here is a brief tour of One Thousand Ocean, that I put together.

One Thousand Ocean Boca Raton Florida

I was invited to a private party at One Thousand Ocean in Boca Raton .  Construction is moving along on schedule and the Boca Raton Resort Beach Club is expected to open in January.

The Boca Raton Resort has some outstanding restaurants including Morimotos.  Famous Chef Morimoto was at the party and I certainly enjoyed the sushi ! 

It is so exciting to see the progess on this luxury oceanfront condo. There are very few oceanfront condos in South Florida that have a footprint right at the inlet.  This location is exceptionally appealing because it offers continual viewing interest as all the boats coming in and going out to sea ride past your window.  

One Thousand Ocean is exceptional in many ways.  In addition to its outstanding location,  this oceanfront condo offers ultra luxury quality coupled with access to all the amenities of the Boca Raton Resort and Beach Club. All these assets makes this an outstanding luxury oceanfront condo.

There are only 52 one and two story Residences.  The smallest unit starts at 3,072 square feet and the largest unit exceeds 5,800 square feet.  There have been buyers that have bought several units. One buyer purchased 3 units and will have a residence exceeding 10,000 square feet. 

One Thousand Ocean Penthouse Floor Competed

Construction is progressing on schedule as the Penthouse floor has just been completed at One Thousand Ocean in Boca Raton.  It is expected that work will begin on the interiors as well as the exterior facade in the upcoming week.

One Thousand Ocean is built on the most coveted inlet in Boca Raton on South Ocean Boulevard.  It is situated across the bay from the Boca Resort & Beach Club which in January will join the Waldorf-Astoria Collection.  The Beach Club is undergoing a $120 million renovation which will offer a completely renovated facility including the three oceanfront pools, guest residences, oceanfront dining, children’s play area and stuning oceanfront bar.

The Boca Raton Resort is truly an all inclusive destination offering all the amenities you could think of.  Residents at One Thousand Ocean will be a stones throw away from it all.  The Boca Resort & Beach Club has recently added some great dining options including The Old Homestead, Morimoto, Lucca and one of my old New York favorites Serendipity for frozen hot chocolates.    

This is one of the truly unique ultra luxury properties available in South Florida. There will be only 52 one and two story Residences.   Residences start at 2,835 square feet.  The Beach Penthouse is 5837 square feet with an outdoor living area of 3,665 square feet.

 

 

 

Watching the Market….Or Buying An Oceanfront Condo Now

South Florida Oceanfront condo Great View

We receive a constant stream of phone calls from buyers from all over the world that are interested in purchasing oceanfront condos. There are buyers who are seizing the moment so to speak, and stepping in to take advantage of the great opportunities out there right now.

Are there opportunities? You bet there are and I have been in situations, where once we identified a great unit at a great price, other buyers were also putting offers in on the same units.

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There are varying degrees of motivation by sellers in all price ranges. There are some units in building less than 2 years old that the original developer still owns that now are very motivated to sell. There are units that are being sold by investors that are several hundred thousand dollars less than what they paid for it. Each situation is different but the opportunities are there. The units that are available under these circumstances include the most desirable oceanfront floor plans in premier buildings.

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All I can say is that if there is a desire to own an oceanfront condo in South Florida, at this point in time, you can get the best of the best at deeply discounted prices. When the media says…”We are now at the bottom and the market is going to turn around”… the best units in the A rated luxury buildings will be long gone!!!

One Thousand Ocean-Boca Raton-New Ultra Luxury Oceanfront Condo

As our readership knows, we specialize in luxury oceanfront condos in South Florida. In our opinion very few properties qualify for an ultra luxury classification. One Thousand Ocean in Boca Raton is a new oceanfront ultra luxury condo that has earned that distinction.

This seven story building is a mixture of 52 one and two story Residences with Beach Villa and Penthouse choices. Built on the most coveted inlet on South Ocean Boulevard, residences feature spectacular views of the ocean, the shoreline, and westerly city and lake views. One Thousand Ocean is under construction with occupancy expected spring 2009. According to the developer it is already 50% sold out. Prices for this ultra-luxury property begin at over $4 million.

The team behind One Thousand Ocean is LXR Luxury Resort, owned by an affiliate of the Blackstone Real Estate Advisors, Garcia Stromberg, RTKL, and EDSA .

The residences are all spacious starting at around 4000 square feet with 10 foot ceilings. Villas feature 20 foot double height spaces. Penthouse units exceed 12,000 square feet. All the units have floor to ceiling window and are finished out with tasteful color choices and the finest materials. Everything about this property has been given the utmost attention to detail.

The images below will provide you with a preview of One Thousand Ocean.

The residences are pre wired to accommodate the state of the art technology. Kitchens are finished with custom designed cabinetry and the finest appliances including Wolf 36 inch five burner gas stove.

One Thousand Ocean Boca Raton-Kitchen

Close up of stone and glass materials used in the kitchen.

One Thousand Ocean Boca Raton Stone and Glass

One Thousand Ocean Boca Raton Bedroom

Stone fireplaces are in the master Bedroom and main living area.

Master baths have stone vanity countertops with glass mosaic accents, frameless glass shower enclosures, Roman Therapy Whirlpool tubs and custom designed Italian Cabinetry.

One Thousand Ocean Boca Raton Master Bath

His and her dressing rooms are custom designed with built ins and a free standing vanity dresser. A Sub-zero midnight snack refrigerator drawer is included.

One Thousand Ocean Boca Raton Master Closet

Terraces are oversized and include a private plunge pool with massaging jets, and outdoor kitchen, and exposed wood ceilings.

One Thousand Ocean Boca Raton Patio and Spa

One Thousand Ocean is a mere water taxi to the Boca Raton Resort and Club. The Boca Raton Resort and Club has outstanding first class amenities including two championship golf courses, 30 award-winning clay tennis courts, Spa Palazzo, 32-slip marina, Half-mile private beach, beach club, three state-of-the-art fitness centers, and an extensive schedule of social activities available for all ages. Boca Raton Resort has world-class restaurants including Old Homestead from New York. Gordon Ramsey is opening a restaurant as well as Serendipity, one of New Yorkers favorite dessert destinations.

One Thousand Ocean View Of Boca Resort

One Thousand Ocean in Boca Raton is a most unique modern designed ultra luxury residence.