One Thousand Ocean Penthouse Selected by Ocean Home Magazine as 'Top 25 Coastal Homes For Sale in The U.S.' Property

Luxury magazine, Ocean Home, singles out new, customizable penthouse in Boca Raton for location, amenities and unique qualities. End Quote

West Palm Beach-Boca Raton, FL (1888PressRelease) July 14, 2012 - When Ocean Home Magazine singled out properties for its fifth annual "Top 25 Coastal Homes For Sale in the U.S.," a customizable $15 million penthouse at the iconic One Thousand Ocean condominium in Boca Raton made the cut. Penthouse Two at One Thousand Ocean was prominently featured in the recent May-June issue on the pages of this luxury publication targeted at developers, homeowners, real estate professionals and designers of oceanfront homes.

According to Ocean Home's website, residences were chosen based on its editorial team's unbiased opinion from thousands of unique homes for sale across the country. Insight from its real estate experts was also taken into consideration to narrow the list to 25. "A 'top' oceanfront home does not simply equate to the most expensive, though price is certainly a factor. Rather, the top homes selected are those with a uniqueness that make them high-end, desirable - both in location and amenities, and somewhere our readers want to call home," the website explained.

Jamie Telchin, president of development with LXR Resorts & Hotels who managed the development of One Thousand Ocean and oversees sales and marketing for the building, is pleased to receive this distinction "Who wouldn't be thrilled to have the opportunity to customize this dream home with endless terraces overlooking the ocean, the Boca Raton Inlet, Lake Boca Raton and the city?"

The latest honor, from Ocean Home, follows two other distinctions bestowed upon One Thousand Ocean. During its pre-construction phase, One Thousand Ocean was named "Project of the Year" Winner in the Luxury Multi-family Residential category by the Developers & Builders Alliance (DBA), in November 2007. Likewise, the One Thousand Ocean development, along with the neighboring Boca Beach Club redesign, were cited together as a 2010 Vision Award "Project of the Year" Finalist by the Urban Land Institute (ULI) Southeast Florida/Caribbean District Council.

Currently, the One Thousand Ocean is over 80% sold out, with approximately $190,000 million in total new sales volume since it opened in 2010. In addition to the penthouse featured in Ocean Home, two other penthouses are available to build out to one's grand vision. A fourth penthouse represented the highest priced new condo sale in 2011, selling for $10.4 million, or $1,505 per sellable square foot.

Six new residences in the building are move-in ready, with finished flooring, decorator kitchens and baths, outdoor kitchens, and private plunge pools. Selections include one-story residences and two-story Beach Villas. Prices start at approximately
$3 million.

The modern, seven-story boutique building is uniquely positioned on the tip of a private peninsula at the gateway to the world-class city of Boca Raton. The site is also adjacent to the Boca Raton Resort's Boca Beach Club, providing residents who elect private resort membership privileges to enjoy innumerable amenities and services.

Additionally, One Thousand Ocean offers on-site conveniences of its own including a fitness center with aerobics, Kinesis, yoga, Pilates, cardio/free-weight and training areas, spa treatment suite with hot soaking tub, and steam and sauna rooms. Its private Ocean Club amenities areas also has a lounge with catering kitchen, conference room, multi-purpose room as well as an outdoor terrace with gas barbecue grills. There is an oceanfront swimming pool and sun deck, pool butlers, a dune crossover to the beach, and a limited number of private beach cabanas. Other amenities/services include on-site management, a 24-hour desk attendant, a concierge, valet parking, and patrol services.

For further information, visit www.onethousandocean.com or call (561) 869-5000.

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