One Thousand Ocean attracts international buyers
In addition to appealing to residents from Florida and feeder markets in the Northeastern U.S., One Thousand Ocean, the new oceanfront condo building in Boca Raton, has attracted international buyers.
- (1888PressRelease) July 20, 2011 - BOCA RATON, Fla. - Advanced communications and ease of travel have led to a global society where real estate is now a far-reaching business.
According to the National Association of Realtors, in the 12 months ending March 2011, total internationally oriented sales in the U.S. equaled $82 billion, up from $66 billion reported in 2010. Most states had at least one international transaction, but four states - Arizona, California, Florida and Texas - accounted for 58 percent of transactions. Proximity to the home country, the convenience of air transportation, and climate and location appear to be important considerations to purchasers.
Take, for example, the very successful Ocean-to-Intracoastal condominium, One Thousand Ocean in Boca Raton. The iconic, modern condominium building is located on a private peninsula, adjacent to the Boca Raton Resort's Boca Beach Club.
"In addition to appealing to residents from Florida and feeder markets in the Northeastern U.S., One Thousand Ocean is an international building," said Jamie Telchin, president of development for LXR Luxury Resorts & Hotels.
"With seventy five percent of the 52 residences sold and closed as of early June 2011, One Thousand Ocean has attracted purchasers from Canada, England, Switzerland, The Netherlands, Brazil and Peru. Furthermore," Telchin continued, "one of our penthouse buyers originates from Belgium."
The completed seven-story building, which encompasses an impressive collection of Residences, one- and two-story Beach Villas, and Penthouses, has interested people in nearly 160 different countries, according to statistics for a five-month period that indicates visits to the luxury property's website. "While the majority of the 10,000-plus website visits came from interested parties in the United States, there was strong attention - in descending order - from Canada, the United Kingdom, Australia and other nations. All told, just about every continent was covered," Telchin pointed out.
"A building occupied by people from mixed ethnic and cultural backgrounds results is a richness that goes beyond dollars to include the neighborly sharing of varying experiences and viewpoints. Yet there is a common denominator that brings our discerning owners together, and that's the desire and financial means to live life to the fullest. They believe that how they live is as important as where they live. They could reside anywhere in the world and chose One Thousand Ocean," he added.
Almost as diverse are One Thousand Ocean's floor plans. The choices of available units include one-story Residences and Penthouses, as well as one- and two-story Beach Villas. The popular Residences and Beach Villas average 4,000 square feet under air; the Penthouse Collection provides an average of approximately 7,220 air-conditioned square feet.
Prices in the building range from approximately $3 million to $15 million. The majority of residences have a private elevator landing, floor-to-ceiling expanses of glass, fireplaces, and a private two-car garage. Many feature oversized terraces with private, heated and jetted plunge pools, as well as outdoor kitchens.
One Thousand Ocean's on-site Ocean Club is outfitted with a fitness center with aerobics, yoga and Pilates rooms, cardio/free-weight and training area, spa treatment suite with a hot soaking tub, and steam and sauna rooms. This amenity area also offers a lakefront lounge with catering kitchen, conference room, and multi-purpose room. The building has an oceanfront pool and sun deck, pool butlers, private cabanas, on-site management, a 24-hour desk attendant, full-time concierge, valet parking, and patrol services.
For more information, please visit www.onethousandocean.com or call (561) 869-5000 to arrange a private showing.
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