Take a look at the biggest condo on market in Boca Raton

Miami /
Jul.July 15, 2015 05:15 PM

One of the biggest condos ever to hit Palm Beach County has just been put up for sale. The asking price? $9.95 million.

The unit is a duplex in Luxuria, a 10-story condo tower on South Ocean Boulevard in Boca Raton. It measures 8,900 square feet and takes up two thirds of the building’s fifth floor.

While most duplexes start out as two separate units that get spliced together, listing agent Keith Neff told The Real Deal that the developer put these two units aside pre-construction. They were built as one contiguous space, and were delivered raw to the owner — an unnamed investor.

The owner then brought in his own designer to build out the space. He put in marble floors, floor-to-ceiling glass, Miele appliances and Venetian plaster walls.

Neff, of Nestler Poletto Sotheby’s International Realty, said the home is a perfect space for entertaining. It has an industrial-sized kitchen with two ovens and a gas range, another kitchen on the wrap-around terrace, yet another kitchen in the master bedroom, plus a media room and spa.

And in addition to those rooms, the designer managed to fit in two offices, a library, six bedrooms, seven bathrooms and one half-bath.

MLS data shows that if sold, unit 502 in Luxuria will be the biggest condo to sell since 2004. That title would have stretched back to 1997 — the earliest year recorded — if not for a couple of 9,000-square-foot units in Palm Beach that sold in 2004.

The unit’s current competition is an 8,500-square-foot condo in Toscana North, a condo building in Highland Beach. That residence was pieced together from four separate units, and is selling for $6.495 million.

Of course, this is all for Palm Beach County. The mega-condo movement has gained traction in Miami, which has seen developers pitch units that push 10,000 square feet, often blowing past the size of a traditional mansion.


Related Articles

arrow_forward_ios
Craig A. Bondy & 327 East Alexander Palm Road (Royal Palm)

Private equity bigwig buys Boca Raton spec mansion for $13M

Private equity bigwig buys Boca Raton spec mansion for $13M
Boca Raton Municipal Golf Course with GL Homes' Misha Ezratti, head of GL Homes and Boca Raton Mayor Scott Singer (Google Maps, Lila Photo via GL Homes, Twitter)

Slow play: GL Homes’ purchase of Boca Raton golf course pushed to 2021

Slow play: GL Homes’ purchase of Boca Raton golf course pushed to 2021
Raymond Silcock and 1220 Thatch Palm Drive, Boca Raton (Perrigo, Royal Palm)

Pharmaceutical CFO buys Boca Raton spec home for $6M

Pharmaceutical CFO buys Boca Raton spec home for $6M
Lexington Realty Trust's Wilson Eglin and 5600 Broken Sound Boulevard, Boca Raton (Google Maps)

HSBC to take over Boca Raton office building following foreclosure auction

HSBC to take over Boca Raton office building following foreclosure auction
3573 South Ocean Boulevard, Highland Beach (Google Maps)

Software telecom company founder sells waterfront Highland Beach mansion for $8M

Software telecom company founder sells waterfront Highland Beach mansion for $8M
Adam Cohen and 151 West Alexander Palm Road, Boca Raton (Caspian Capital, Royal Palm Properties)

Wise investment? Two financiers spend $12M on Boca Raton mansion

Wise investment? Two financiers spend $12M on Boca Raton mansion
Peter Norden 378 East Alexander Palm Road, Boca Raton (Credit: Google Maps)

HomeBridge CEO spends $13M on waterfront Boca Raton mansion

HomeBridge CEO spends $13M on waterfront Boca Raton mansion
Bell Partners CEO Jon Bell and the Bell at Broken Sound complex (Bell Partners, Google Maps)

Bell Partners pays $94M for two Boca Raton apartment complexes

Bell Partners pays $94M for two Boca Raton apartment complexes
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...