One Thousand Ocean is continuing to perform exceptionally well with purchases in the current Market and information in the Table below outlines purchase prices, purchase dates, and Unit numbers of Units purchased in 2011.
| Unit Number | Purchase Price | Purchase Date |
| Penthouse 703 | $10,400,000 | June 2, 2011 |
| 107 | $6,030,000 | April 2011 |
| Beach Villa 205 | $3,475,000 | March 2011 |
| 307 | $4,150,000 | April 2011 |
| 403 | $3,750,000 | March 2011 |
| 507 | $4,600,000 | March 2011 |
| 508 | $3,250,000 | March 2011 |
| 408 | $3,445,000 | May 2011 |
The Units that were purchased were Developer owned Units except for Unit 205, which was purchased as a Resale (it’s a Unit that I visited in January and mentioned in my earlier Market Report).
Penthouse 703, purchased for $10,400,000!
Of particular note is the purchase of Penthouse 703, which was purchased for $10,400,000 on June 2, 2011. PH 703 (aka Penthouse 3) is part of the Penthouse Collection and is the first sale of the 4 Penthouses in the Collection. PH 703 features:
- 6,909 Square Feet of Living area
- 3,910 Square Feet Outside Balcony with a Pool and Summer Kitchen
- 4 Bedrooms, 4.5 Baths
- Private Elevator Entry
- ~14′ Ceilings
- Floor-to-Ceiling Windows
- Private Cabana
- Private, enclosed 3-Car Garage
- Beautiful views of the Ocean, Inlet, and City
Amenities
Amenities include a Fitness Center with Pilates, Yoga, and Aerobics Rooms, Spa Treatment Suite, Conference Room, Children’s Playroom, Oceanfront Pool and Sun Deck, Pool Butlers, Private Cabanas available for purchase, on-site Management, 24-hr. Desk Attendant, Full-time Concierge, 24/7 Valet, and full-time Security. In addition to on-site Amenities, Residents of One Thousand Ocean also have the option to become Members at a discounted rate of the Boca Raton Resort and Club (a Waldorf Astoria Resort) and Boca Beach Club. Amenities at Boca Beach Club and Boca Raton Resort and Club include 3 Pools, an Oceanfront Bar, Cabanas, Golf, Tennis, Spa and Salon Palazzo, a 32-Slip Marina, Children’s Programs, Restaurants, and more.
The monthly Maintenance Fee for Units at Ocean Thousand Ocean is $1.10 per square foot of Living Area, so, for example, the monthly Maintenance Fee for a Unit that has 2,862 Square Feet of Living Area is $3,148.20.
Units for Sale
Of 52 total Units, only 12 Developer Owned Units remain available for purchase, so the Building is close to being sold out. Beach Villas, Residences, and Penthouses at One Thousand Ocean offer fabulous Ocean, Intracoastal, and City views and feature Floor-to-Ceiling walls of Glass, Fireplaces, Gourmet Kitchens, large Terraces, Summer Kitchens, private Plunge Pools, private Elevator Entry, and private Garages.
The Beach Villas and Residences range in size from ~2,600 – 5,837 Square Feet of Living Area. The 3 remaining Penthouses have ~5,652 – 7,550 Square Feet of Living Area and their Outdoor Terraces range in size from ~3,620 Square Feet – 4,591 Square Feet. Per Jamie Telchin of LXR Resorts,
“Penthouse Terraces alone are larger than the average size of a new single-family home.”
Condos at One Thousand Ocean are currently available in a price range of ~$2,600,000 – $15,250,000(a few of the Units are listed online–see listings below–and the others are available for on-site viewing only, as is typical with Developer owned Units).
If you would like additional information about One Thousand Ocean Condo and/or would like to schedule a Tour of the Building and Resort, contact me for details.
Located at 1000 S. Ocean Blvd. in Boca Raton, FL, One Thousand Ocean is a fabulous combination of superb Oceanfront location at the entrance of Boca Inlet and offers beautiful views, luxury lifestyle, generous Amenities, exclusivity, and spacious Residences that feel like Single Family Homes.
Related Information:
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