The Real Deal Miami

Preconstruction sales begin for luxury Boca Raton development

327 Royal Palm will have 25 luxury units starting at 3,100 square feet and $1.2 million

December 11, 2014 01:45PM

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327 Royal Palm rendering

327 Royal Palm rendering

Preconstruction sales for three South Florida developments led by Group P6 have begun.

The developer’s 327 Royal Palm will have 25 luxury units between 3,100 and 3,500 square feet with prices starting at $1.2 million.

Architecture and design manager Daniela Diaz-Padua said the Boca Raton development is half a mile from the beach and within walking distance of downtown Boca’s restaurants and retail, including the Mizner Village and the Boca Raton Golf Club. It’s located at 327 East Royal Palm Road. Construction will be complete during the first quarter of 2017.

Group P6 is also starting presales for its Deerfield Beach developments, The Fordham and The Elysian, a combined 16 units starting at $429,000 and $469,000, respectively. The Fordham will be located at 51 Southeast 19th Avenue and The Elysian at 1900 Southeast 2nd Street. Both are set to be completed in mid to late 2016. – Katherine Kallergis

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