Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MIAMI-Boca Developers of Deerfield Beach, FL, plans to have sales open for the Peninsula Phase II, a 30-story, 223-residence condominium tower, by the end of the year, a spokeswoman tells GlobeSt.com. In addition, International Sales Group, the exclusive listing broker for Phase I, expects to sell out that phase before the end of the year. The approximate cost for each tower is $110 million. Residences range from 3,150 sf to 6,900 sf and are pre-sale priced between $600,000 and $2.9 million.

The first phase of The Peninsula, which recently topped off at 3251 NE 183rd St. in Aventura, boasts 30 stories and 223 condo residences. It broke ground nine months ago and is scheduled for delivery next May, a few months ahead of schedule. This phase is more than 70% sold. No ground-breaking or completion dates have been set for the second phase.

The Peninsula offers two-, three- and four-bedroom residences accessible via private elevator foyer. Each residence also features a spacious living room, a balcony off the master suite and a media room. Amenities will include lighted tennis courts, with tennis instruction and a tennis club.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.