March 8, 2013
Just the other day we saw a luxury oceanfront buyer purchase two penthouses at the Miami Beach Edition to increase the square footage. Today, an oceanfront buyer in Boca Raton purchased a penthouse at One Thousand Ocean and decreased the size.
The buyer wasn’t interested in purchasing the entire penthouse and One Thousand Ocean was willing to customize the unfurnished unit. The oceanfront penthouse was split into two and purchased for five million nine hundred thousand. The square footage of the penthouse is 4,142 and the terrace is 1, 450 square feet with spectacular ocean views. The other half of the penthouse is on the market for seven million six hundred thousand five hundred.
If you’re looking for an oceanfront penthouse from Miami Beach to Palm Beach and you want to increase or decrease the square footage you may just need to ask. The luxury market is hot and developers are willing to make changes to make their buyers happy. One Thousand Ocean is now 89 percent sold out.
