The Real Deal Miami

Sales soar at Palm Beach Gardens condo project Azure

Luxury units sell for up to $2 million

November 21, 2014 04:30PM

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Azure Palm Beach Gardens

Azure in Palm Beach Gardens

Buyers have already scooped up 22 units at Azure, the luxury condo project in Palm Beach Gardens.

Many units were reserved prior to the sales center’s opening Wednesday night. Located on Donald Ross Road and Prosperity Farms Road, the 113-unit waterfront development has condos ranging in price from $900,000 to $2 million. Development is being led by Frankel Enterprises, which also worked on the Valencia, San Michele and Admiral’s Cove communities in Jupiter. The 14-acre community will be spread out between two buildings and feature an enclosed parking garage, garden walks, fountains and a gated entry with 24-hour security.

Condo units can vary in size up to 3,800 square feet with double master bedrooms and boat docks. The first building is nearly at the half-sold mark and is expected to be completed by mid-2016. According to the Palm Beach Post, the land was purchased in April for $10 million. Buyers so far have been mixed between full-time residents and those who intend to own second homes, said Allen Ball, Azure’s director of sales. [Palm Beach Post]Chris Guanche