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South Florida

LXR’s One Thousand Ocean is now sold out

One Thousand Ocean at 725 South Ocean Boulevard in Boca Raton
One Thousand Ocean at 725 South Ocean Boulevard in Boca Raton

LXR Luxury Resorts & Hotels’ One Thousand Ocean, a luxury condominium in Boca Raton that dates back seven years, has finally sold all its 53 units.

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The sales have generated about $251 million, most recently of which included a $2 million deal for one of the units, the Sun-Sentinel reported. Sales launched at 725 South Ocean Boulevard back in 2010.

The fifth and final penthouse, known as “The Shore,” closed in June for $11.7 million, or $1,547 per square foot. Another penthouse, known as “The Sky,” had a 4,628-square-foot space and sold for $7 million in May, as previously reported. [Sun-Sentinel] — Mark Maurer

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Luxury Real Estate