New Development Showcase - Issue 4

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BOCA RATON NEW DEVELOPMENT SHOWCASE

Presented by Pink Palm Douglas Elliman

1625 OCEAN

THE DEFINITION OF MODERN LUXURY

3-4 bedroom residences | Ranging from 2,725-3,545 Sq. Ft. | Priced from $4 - $7.6 million

Introducing 14 individual but equally exquisite residences. 1625 Ocean will sit on one of the highest dunes in Delray Beach, overlooking the Atlantic Ocean. Owners will have the opportunity to find their zen every day on our more than 120 feet of direct oceanfront with expansive white sand beach. 1625 Ocean is the shared vision of U.S. Construction and famed South Florida architect Randall Stofft. That vision was based off the chic oceanfront lifestyles of places like St. Barth’s and Saint-Tropez where the water and nature are central to the upscale, but quaint coastal towns that have become some of the world’s most sought-after destinations.

State of the Art Finishes

Kitchens will include custom European cabinetry, featuring the latest storage systems and integrated LED lighting, porcelain countertop surfaces with full-height backsplashes and a premium kitchen appliance collection featuring Subzero and Wolf.

Indulge and Unwind

Each residence includes a custom 86-bottle wine bar with Subzero Wine Storage with two individually controlled zones with a subzero ice maker and a bar sink housed in European cabinetry. It’s the perfect place to store your favorite varietals before enjoying them oceanside.

NEW CONSTRUCTION SINGLE-FAMILY HOMES

Consistently ranked in the top 1% of local agents with sales in excess of $150,000,000; a professional background in land development, construction management, and luxury real estate sales; a BS in Finance and an MBA; and a member of Who’s Who of Luxury Real Estate; it is no wonder Rochelle is sought out as the local authority on luxury residential new development in the region.

There’s a quote attributed to Mark Twain that always makes me smile... “Buy land, they aren’t making it anymore.”

For most people “New Construction” brings to mind images of shiny new condominium towers. While we have an unprecedented assortment of beautiful condos, there is another major luxury real estate submarket emerging in the Boca Raton and Delray Beach coastal corridor - New Construction Single Family Homes.

While there are a handful of new developments offering single family homes in the western suburbs, the real story is the emergence of new construction estate and waterfront homes east of Federal Highway. In the last year, there have been 95 newly built homes sold and closed here at $1,000,000 or more; with total volume of $363,320,283. Those located east of Federal Highway accounted for 41 of those sales and $243,105,387 of the volume.

The original build era of most of our eastern coastal areas was the 1960’s and 1970’s. At that time the area was very seasonal and the preference at the time was for ranch-style, single story homes of less than 3,000 square feet. Fast forward to present-day and the

population of the region is composed of increasingly affluent consumers with a taste for new luxurious home options. In certain neighborhoods, the turnover has been dramatic. We are seeing land values along the corridor skyrocket as the demand for land from both individuals looking to build custom homes and developers with a spec home program as their primary business model dramatically outpaces supply.

Not all neighborhoods are equal; each has a unique character and value proposition. Let’s look at some of the top neighborhoods for new development homes.

Just across the Intracoastal Waterway at the southeastern corner of Palm Beach County lies Boca Raton’s most prestigious private country club & yachting community, Royal Palm Yacht & Country Club. Renowned for embodying the best of the Florida coastal lifestyle RPYCC is known internationally as one of Florida’s most coveted Country Club communities.

690 custom estates span 749 original home sites that range from stately Mediterranean revival mansions to contemporary Florida masterpieces. Roughly one-third of the homes are located on a canal or the Intracoastal Waterway and feature dockage for vessels ranging from 50’ (15m) to over 165’ (50m). This is one of only two subdivisions in Boca Raton with natural gas on every street and underground utilities.

Perhaps the most unique aspect of this subdivision is that it is nestled in and around an ultra-exclusive private yacht and country club; yet unlike every other Boca Raton country club community, membership is not mandatory or related to a home purchase.

The

Sanctuary

An ultra-exclusive enclave of custom estate homes, The Sanctuary

Royal Palm Yacht & Country Club

stands out as the most private and secure among the luxury waterfront communities in the area.

92 custom estates, covering 107 original home sites in The Sanctuary, were first offered in 1978 and the newest homes are under construction. Roughly two-thirds of the homes are located on a canal or the Intracoastal Waterway. Most of the homes feature private docks that can accommodate boats ranging from 30 -100 feet in length on deep water canals. In addition, there is a full-service community marina available.

Golden Harbour

Located just off of 5th Avenue in East Boca Raton, Golden Harbour is just down the street from Mizner Park, Royal Palm Place, and the beaches. Originally developed in the 1960’s

comprised of single-story ranch-style homes, much of the real estate in Golden Harbour has been completely renovated or rebuilt with custom-built waterfront estates.

Sun & Surf

Nestled among the sandy white beaches, the oceanfront Red Reef

Golf Course, Florida’s natural tropical waterways, and downtown Boca Raton lies the most perfectly-located waterfront community - Sun & Surf of Boca Raton.

Located just north of Palmetto Park Road along Ocean Boulevard/A1A, Sun & Surf is a private community comprised of 81 luxury estate homes. The majority of the residences in Sun & Surf are located on waterfront. Residents enjoy panoramic views of the stunning tropical backdrop from every angle. Even the most discerning mariner will appreciate Sun & Surf’s convenient location, just off the Boca Inlet, providing access to the open waters of the Atlantic Ocean.

Boca Villas

If a walkable location and single family home is of interest, then Boca Villas is one of the best options. Located directly in the center of downtown Boca Raton, Boca Villas is a serene single-family home community initially built in the 1950s. In addition to being walkable to Mizner Park and all of the best restaurants in town, this enclave is about one mile from the beach as well. Boca Villas is truly in the middle of the best of Boca Raton.

A NOTE FROM...

SCOTT SINGER | Mayor of Boca Raton

The City of Boca Raton continues to enhance the outstanding quality of life and welcoming business climate that have made Boca Raton an unparalleled place for nearly a century. At the same time, we continue to innovate to bring exciting new services and opportunities for our long-time residents and the many businesses and families flocking here.

We have added U.S. Customs to Boca Airport and cemented plans for the Brightline/Virgin Trains USA high-speed rail station downtown, which will improve mobility and connect Boca to a major transportation network. The Boca Raton Resort is undergoing a $150 million renovation and our downtown corridor is hotter than ever.

We are welcoming new businesses and enjoying robust economic development. With a highly favorable tax environment, strong talent base, top schools and three universities, and excellent quality of life, it is no surprise that more than half of Palm Beach County’s corporate headquarters are located in Boca Raton.

We have achieved a more inviting and pedestrian -friendly downtown by planning a six-acre waterfront urban green space and investing millions in street and landscaping improvements. Throughout the city, we have created new parks and playing fields, more green space, and expanded beaches and water access, building on our long reputation as The City Within a Park.

Achieving better designed residential buildings by raising standards has been one of my top goals for Boca Raton, which is why I am delighted to be a part of creating “The New Boca” - an exceptional place to live, work, learn, and play.

2,003 - 4,096 Sq. Ft. 2-4 bedroom residences

Priced from $1.5M - $3.3M

EXCLUSIVE INFORMATION: pinkpalm.com/akoya 561-500-PINK

1,819-6,572 Sq. Ft. 1-4 bedroom residences

Priced from $2M- $20M

EXCLUSIVE INFORMATION: pinkpalm.com/mandarin 561-500-PINK

Palmetto Park Rd
Akoya 3.8 miles West
camino real

TOWER 155

Tower 155’s modern one, two, & three bedroom residences, spacious two-story townhomes and breathtaking penthouses let you design the perfect home in the most desired downtown location.

EXCLUSIVE INFORMATION: pinkpalm.com/tower155 561-500-PINK

1625 OCEAN

Introducing 1625 Ocean, a transformative living experience coming to the exquisite shores of Delray Beach. Situated on 120 feet of prime oceanfront, 1625 Ocean is as opulent and affable as each of the 14 classic rock artists the residences are named after.

EXCLUSIVE INFORMATION: pinkpalm.com/1625ocean 561-500-PINK

1,402- 4,829 Sq. Ft. 1-4 bedroom residences

Priced from $1M - $6M

EXCLUSIVE INFORMATION: pinkpalm.com/alinaresidences

561-500-PINK

OCEAN DELRAY

An extraordinary opportunity is unfolding on the oceanfront in Delray Beach. Nineteen stunning residences provide for maximum privacy on one of the most elusive and pristine beaches in all of South Florida.

EXCLUSIVE INFORMATION: pinkpalm.com/oceandelray 561-500-PINK

Priced from $2M - $10M

EXCLUSIVE INFORMATION: pinkpalm.com/royalpalmresidences 561-500-PINK 2,425-7,168 Sq. Ft. 3-5 bedroom residences

3,856 - 7,542 Sq. Ft.

1-4 bedroom residences

Priced from $4.5M - $6M

EXCLUSIVE INFORMATION: pinkpalm.com/bocabeachhouse 561-500-PINK

Tower 155
Boca Beach house
Boca Beach Club
LakeBocaRaton
Royal Palm Residences
Boca Raton Resort
Mizner Park Amphitheater
Boca Raton City Hall
Ocean Delray
The Residences at Mandarin Oriental Royal Palm Yacht & Country Club
Alina

OCEAN DELRAY

DELRAY BEACH’S FIRST EVER ULTRA-LUXURY OCEANFRONT RESIDENCES

Situated on more than 200 feet of private oceanfront, Ocean Delray features 15 residences, four villas, plus nine private and semi-private elevators and lobbies, making it one of the most private residences in South Florida. The Residences at Ocean Delray are our 15 eastern-most facing units that boast the best direct oceanfront views. They offer 3050 feet of glass from their expansive, private, oceanfront terraces. Each uniquely designed residence lives like a luxurious single-family home with an individually distinct floor plan that complements our spectacular beachfront setting. Our first-floor residences offer direct beach and pool access from the terrace. The residences, which range from 3- bedroom plus den to 5-bedrooms, complete with 4.5 to 6.5 bathrooms, offer semi-private lobbies and elevators, with each elevator opening directly into each residence.

Ocean Delray’s four Villas offer an additional level of privacy as they are completely separated from the main building. Each has four bedrooms and four and a half bathrooms, and feature private lobbies and elevators, as well as personal and independent guest entries, and four expansive and private terraces. The ground floor villas have their own private yards. Once residents arrive in their private, air-conditioned three-car garage, they will then enter their own private lobby or private vaulted foyer where their personal elevator will take them directly into their home. These elevators are exclusive to each villa and will not be accessible to anyone else in the building.

Each of the 19 distinct residences and villas come complete with Wolf Sub-Zero and Cove appliances as well as Kohler, Hansgrohe and Franke fixtures. The team has created Custom SieMatic kitchens and Wilton built-in wine bars with sub-zero wine towers. Each private terrace is equipped with an outdoor gas fireplace and Wolf gasrange grill.

This exclusivity, paired with having all the amenities of a luxury condo building, separates Ocean Delray from anything else in the marketplace.

NRIA & US CONSTRUCTION

Founded in 2006, NRIA has grown to be one of the nation’s leading specialists in institutional-caliber private real estate investment management with over $1.25B AUM*, focusing on luxury townhome, condominium and multifamily acquisition and development in many supply constrained, high barrier-to-entry markets along the east coast.

US Construction boasts a diverse portfolio of residential projects ranging from luxury condominium and townhome developments to ultra-luxury oceanfront mansions. Its portfolio spans the eastern seaboard, from Brooklyn, New York to Palm Beach County, Florida. The company has designed and constructed over $340 million of real estate with an additional $350 million in active development projects.

MODERN LUXURY

SITUATED ON MORE THAN 200 FEET OF EXQUISITE OCEANFRONT

AMENITIES & SERVICES

Welcome to the most exclusive living experience in South Florida where privacy and security are paramount, and no detail was missed when it comes to the luxurious comforts we offer each resident–allowing you to unwind, relax and enjoy. Each element was designed with our residents in mind—and each experience can be fully customized to your wants and needs. From their beach and pool experiences, to their state-of-the-art fitness equipment, their amenities are the perfect complement to your new Ocean Delray lifestyle.

Oceanfront Living

Ocean Delray’s private beachfront is their most sought-after amenity. Their highly serviced Beachfront Experience offers residents and their guests the ultimate opportunity for unwinding oceanside.

Fitness Experience

Exercise is a way of life there. And this is perhaps the most inviting fitness facility in South Florida. Replete with state-of-theart Peloton machines, a high definition screen, and the promise of an active, healthy lifestyle that is just steps from the beach.

Private Pool Oasis

When not on the sand, residents can still soak up the ocean views from the inviting oceanfront pool deck that features a 54-foot swimming pool and 18-foot jacuzzi spa, plus Vondom chaise lounges and Tuuci umbrellas.

Utmost Privacy

Their 19 exquisite residences are completed with 19 airconditioned garages and 9 private and semi-private elevators and lobbies, making Ocean Delray one of the most private residences in South Florida.

TOWER 155

THE PERFECT COMBINATION OF CONDO LIVING & A SINGLE FAMILY HOME

1-3 bedroom residences | Ranging from 747-3000 Sq. Ft. | Priced from $800,000-$2,750,000

BOBBY D’ANGELO & CARL KLEPPER | Compson Associates

Bobby D’Angelo and Carl Klepper Jr. know a thing or two about residential and commercial development. This dynamic duo has developed numerous successful projects locally.

As fourth-generation partners at family-owned Compson Associates, Inc., a full-service Boca real estate firm leading the transformation of “The New Boca,” they draw on decades of market knowledge and experience for every project.

Located in downtown Boca Raton, Tower 155 is just steps from Mizner Park and Royal Palm Plaza making it easily walkable and convenient to all the best restaurants and attractions.

“Many of our buyers are empty nesters who live locally who want a low-maintenance alternative to single family house living,” D’Angelo says. “We have found that delivering modern design features including 10-foot ceilings in all units, deluxe appliances,

state-of-the-art technology and a full set of amenities makes the transition to condo living seamless for downsizers.”

D’Angelo has been active in the Boca market since 1987. He joined Compson Associates, Inc., in 2002. He handles sales, marketing and management, while Klepper oversees finance, construction and accounting.

In South Florida alone, the firm has developed 3,500 residential units in the past decade, as well as more than 3 million square feet of commercial and office developments. Major projects include Renaissance Commons, an 86-acre parcel with 1,690 residential units, retail and office space, and Boynton Village, a 100-acre SuperTarget-anchored project.

“We could not have accomplished all of this without the foundation built by the late Anthony and Jim Comparato, our grandfatherin-law and father-in-law,” says D’Angelo. “Their mentorship and guidance have allowed us to be the success we are today. They will forever be in our hearts and minds, and we continue to honor their legacy of ‘Building with Integrity.’”

“Tower 155 is the fastest-selling luxury residence in recent history,” says D’Angelo. “We started with 170 residences, but after many residents asked about combining units, we redesigned to a boutique 128. We are down to our last few units, which we are confident will sell quickly as well.”

LUXURY ABOVE ALL

Opulent Bathrooms

No detail was overlooked to create a spa-like enclave featuring elegant floating bathroom vanities, Quartz countertops, and frameless glass shower enclosures.

State of the Art Kitchens

Exquisite European designer cabinets, Quartz countertops, Bosch appliances with radiant electric cooktop.

BREATHTAKING MODERN ART DECO ARCHITECTURE IN THE HEART OF DOWNTOWN BOCA

By virtue of its location, Boca Raton is a world-class city located in the lap of luxury. Boca Raton’s pristine beaches, elite golf courses and stunning scenery will provide the vibrant surroundings for Tower 155, the most lavish address in downtown Boca Raton. Tower 155 has one of the highest walk scores in the city! One of the many luxury amenities featured is a sundeck overlooking Mizner Park that offers a wading pool, hot tub, chaise lounges, and a vibrant bar scene. Every day is an invitation to swim, sunbathe, relax and indulge until the stars come out.

Designed by the renowned architectural firm, Vander Ploeg & Associates, Inc., Tower 155 features breathtaking exterior towers with a unique art deco flair, as well as modern public spaces & interiors designed by award-winning interior designer Steven G. This luxury condominium development offers the ultimate in upscale, urban living with a host of modern features and amenities including a state-of-the-art rooftop fitness center, an open air yoga studio and business lounge with conference room.

Smart Home Technology

Smart building tech ready with access to concierge services & optional unit control for lighting, drapery, thermostat, and electronics.

Amenities

State-of-the-art rooftop fitness center and exclusive urban landscaped rooftop sundeck featuring: hot tub, wading pool, bar, lounge area, and outdoor yoga studio.

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