One Thousand Ocean penthouse condo sold for $7M

A penthouse at the oceanfront condominium building of the One Thousand Ocean in Boca Raton has been sold for $7 million. The buyer of the 4,628 square foot penthouse which is known as the sky is undisclosed.

The unit has a 3-car garage, private poolside cabana, private elevator, and 2 terraces which is a total of 2,343 square feet. New Yorkers are a large percentage of the sales.

This has been the third sale of a penthouse since March of this year. There are 5 penthouses and the remaining is not yet sold. The asking price of the penthouses is worth $12.9 million.

The developer LXR Luxury Resorts is expecting the whole building of 53 units to be sold out in the next few months.

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