1200 Hillsboro Mile offers price reductions on the Intracoastal through May 31st

Developer announces opportunity to live on the Intracoastal Waterway in Hillsboro Beach, Florida at a 15 percent price reduction - purchase a new condo now through May 31, 2011. End Quote

West Palm Beach-Boca Raton, FL (1888PressRelease) April 13, 2011 - Now through May 31, 2011, the developer of 1200 Hillsboro Mile is offering an opportunity to live in luxury on the water for a lot less than before.

"Price reductions of 15 percent are currently in effect in the completed Intracoastal building," announced Dave DePaolo, executive vice president of The Marrano/Marc Equity Corporation. 1200 Hillsboro Mile, LLC, an affiliate of the company, is the developer of the Atlantic Ocean-to-Intracoastal community in Hillsboro Beach, which is located midway between Boca Raton and Fort Lauderdale.

"We are offering this incentive to help sell out the Intracoastal building, This will enable us to move forward and focus all of our attention on selling and building the Ocean Residences at 1200 Hillsboro Mile, which will be situated directly across the street on the beach side of A1A," DePaolo explained. "Ground is already broken and we anticipate completion of that oceanfront property in early 2013."

Nita Summers, who is affiliated with Keyes Company/Realtors (the exclusive sales agent for 1200 Hillsboro Mile), said that of the six available residences in the boutique Intracoastal building, one is being offered at a reduction that exceeds 15 percent. "This, as well as the other residences, presents an extraordinary purchase opportunity in a completed waterfront building," she noted, adding that the developer is even able to provide hard-to-come-by bank financing for buyers who qualify.

The remaining residences range in price from $500,000 to $850,000 only until the end of May. Then they will return to their pre-reduction prices, from $649,900 to $999,900.

"This represents huge savings. Furthermore, there's a lot of value built into the reduced residences and into the building itself," Summers said.

Residences are completely finished and move-in ready with luxury features. There are two floor plans, each three bedrooms with two and one-half baths featuring approximately 2,000 square feet; nine-foot ceilings; energy-saving, solar-tinted, impact-resistant glass windows and sliding glass doors; an elegant kitchen with granite countertops, custom cabinetry, and top-quality appliances like Bosch, Sub-Zero and Thermador; a laundry room with full-size washer and dryer and laundry sink; and a plush master suite with its own terrace, walk-in closet, and European-style master bath with marble flooring, countertops, shower and whirlpool surrounds. Also included are state-of-the-art telecommunications and security wiring throughout. "And don't forget the fabulous views from oversized, covered, railed terraces that extend the living space to the outdoors," she pointed out.

The building has a media/social club room with a furnished entertainment deck, fitness center, dock for visitors' boats, and outdoor swimming pool with sun terrace and pool house. There is also a private walkway to the waterway and deeded beach access.

Since 1986, The Marrano/Marc Equity Corporation has been the number-one homebuilder in Western New York State in terms of sales volume. The company is listed among the top 300 home builders in the United States and among the Buffalo area's top 100 privately held companies. In addition, Patrick Marrano's partnership with a former employee resulted in the building of $500,000 to $5 million estate residences in some of South Florida's most prestigious waterfront and country club communities (e.g., Old Marsh, Tesoro, BallenIsles, Ibis Country Club and Old Palm Golf Club). Another partnership built the successful 158-unit Jupiter Ocean Grande on the ocean in Jupiter, Florida.

For information about 1200 Hillsboro Mile, call Director of Sales Yanina Aranes at (954) 247-8023, or visit www.1200hillsboromile.com. Sales Center hours are weekdays from noon to 5 p.m. and weekends from 11 a.m. to 6 p.m.

Press Contact Information:
Judy Goldstein
the Adler Network, inc.
954-776-6633
561-206-6081

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