1625 Ocean Delray Beach is one step closer to completion, reports the South Florida Business Journal. U.S. Construction, the site’s owner, obtained a $44.65 construction loan, which will aid in the building’s development. The New Jersey-based organization, which has a location in Miami, FL, presently has five active projects, per the Construction Journal.
The luxury 14-unit condo is presently at 40 percent capacity, although it has not opened yet. The units run anywhere from 3,200 to 5,000+ square feet each. Each waterfront and intercoastal unit comes with three bedrooms and 3.5 bathrooms.
Each unit is named after a famous musical artist
Amenities include a pool lounge, fitness center, communal lounging areas, and six semi-private elevators. Each unit comes with two parking spots. This is intended to add an extra layer of privacy to the development.
Randall Stoff designed the low-rise building. He drew his inspiration from Saint Barth and Saint-Tropez, both of which are located in the Caribbean. The building itself features ceiling-to-floor windows and outdoor balconies. The ground floor serves as the residence’s lobby.
The venture is already at 40 percent capacity
Per the development’s website: “This is quite possibly the last chance to own an ultra-luxury residence that lives like a single-family home with all the benefits of a maintenance-free lifestyle.” There is no public information regarding the cost of rent or ownership.
1625 Ocean Delray Beach’s location is 1625 South Ocean Boulevard in Palm Beach County, FL.
In total, there are 14 units
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