Record-setting condominium sales reach nearly $23 million in six weeks


One Thousand Ocean, a new oceanfront condominium in Boca Raton, Fla., experiences highest degree of sales success in Palm Beach County.


[USPRwire, Fri Dec 18 2009] One Thousand Ocean, the new luxury condominium in Boca Raton, has announced six sales totaling nearly $23 million in the period of just over six weeks between the end of October and mid-December 2009.

“One Thousand Ocean has consistently been the leader in new condominium sales in the Palm Beach County market since the inception of the project in 2006. We had executed contracts on half of the residences even before this latest activity,” said Jamie Telchin, president of development for LXR Luxury Resorts. “These most recent sales and a remarkable increase in traffic before the South Florida ‘season’ began, validate One Thousand Ocean’s positioning as the area’s preeminent waterfront residence.”

LXR anticipates delivery of the seven-story, contemporary, nautilus-shaped building in February 2010.

William Yahn, managing director for Corcoran Sunshine Marketing Group, said “The present sales interest in this project is beyond our expectations. We are not aware of any other new condominium project in Palm Beach County having this degree of sales success.”

One Thousand Ocean is located on one of the most coveted waterfront sites in Florida, surrounded by water on three sides: the Atlantic Ocean, the Boca Inlet and the Intracoastal Waterway. The world-class property is also adjacent to the Boca Beach Club and sits just opposite the Boca Raton Resort & Club on the edge of the Boca Inlet, making the world-class amenities at both properties easily accessible to purchasers who choose affiliation with the Resort and Beach Club.

According to Telchin and Yahn, traffic among prospects, purchasers and their interior designers at the One Thousand Ocean Sales & Design Center increased significantly in October. The numbers nearly doubled in November.

One Thousand Ocean features a total of 52 Residences (of which 32 are now sold) consisting of one- and two-story Beach Villas, and Penthouses averaging approximately 4,000 square feet of interior space plus approximately 1,200 square feet of terraces. Residences are priced from $3 million to more than $15 million.

“Private elevators, floor-to-ceiling walls of glass, fireplaces, private plunge pools, outdoor kitchens and private two-car garages are among some of the features that make these residences ‘live’ like single-family luxury homes,” Telchin pointed out.

Residents can enjoy the amenities and services of the building, as well as elect to have Premier Club membership privileges at the neighboring Boca Beach Club and the Boca Raton Resort & Club, part of the prestigious Waldorf Astoria Collection.

“This is the quintessential ocean-to-Intracoastal lifestyle opportunity,” Yahn added.

For further information, visit www.onethousandocean.com or call the Sales & Design Center at (561) 869-5000 to schedule a private showing.

About One Thousand Ocean
Marrying cutting-edge design, modern conveniences and the tradition of exclusivity and service at one of the world’s finest resorts, One Thousand Ocean represents the ideal convergence of luxury condominium and premier resort-style living. The building will provide 24-hour security service, a 24-hour desk attendant, concierge service and valet parking. On-site amenities are an oceanfront pool and sun deck, with a select number of private cabanas; oceanfront fitness center with a spa treatment suite; yoga and Pilates rooms; lakefront lounge with catering kitchen; conference room; and multi-purpose playroom.

About the Boca Raton Resort & Club, The Waldorf Astoria Collection
Fresh from more than $220 million in renovations, the 356-acre Boca Raton Resort & Club is one of America’s preferred destination resorts for modern families and business groups seeking a memorable, highly personalized vacation or meeting experience. The private, full-service resort’s amenities include a half-mile stretch of private beach, the acclaimed Spa Palazzo, two 18-hole championship golf courses and the Dave Pelz Scoring Game School, 30 tennis courts and the renowned Evert Tennis Academy, 32-slip marina, seven pools, three state-of-the-art fitness centers, and a variety of water sports. A wide array of accommodations, world-class dining options, activities and an enduring legacy of warm, genuine hospitality ensure that multiple generations of family and friends or diverse business associates can gather and reconnect in great comfort.


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