Penthouse A at the Ritz-Carlton Residences, West Palm Beach, a 27-story waterfront condominium tower under construction at 1717 N. Flagler Drive, has entered contract after being listed for $16.95 million, establishing a new record for the highest-priced condominium sale ever recorded on North Flagler Drive by both total sales price and price per square foot. The tower is being developed by Related Group and BH Group and is currently under construction along the city’s growing waterfront residential corridor.

Florida YIMBY has learned of an evolving mixed-use venture in Palm Beach County.

Construction has commenced on 14 ROC, a 31-story residential tower at 125 NE 14th Street in Downtown Miami. Developed by 14th Street Miami Investments, LLC, and affiliate of Russell Galbut’s GFO Investments, in partnership with Cervera Real Estate, the project will yield 283 condominium residences and is designed by RSP Architects, with interiors by March and White Design and landscape architecture by Urban Robot Associates. The development is currently reported to be approximately 50 percent sold ahead of vertical construction. Seawood Builders is the general contractor.

Related Urban and Orange County have completed Residences at Emerald Villas, a 90-unit affordable housing community at 5845 El Segundo Way in Orlando’s Pine Hills neighborhood.