Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MIAMI-Boca Developers of Boca Raton, FL is planning three major condominium developments in South Florida totaling more than 1,200 units and worth at least tens of millions of dollars. The projects are in the very early planning stages, and developers say many of the details, such as costs, are not yet determined.

The largest of the three projects is a 200-acre master-planned community in North Miami. A joint venture with the Swerdlow Real Estate Group of Hollywood, FL, this three-phased community will contain 600 to 700 units in the first phase alone, a spokesperson for Boca Developers tells GlobeSt.com. It will offer two-, three- and maybe four-bedroom units with ceilings at least nine feet high. The average unit in the first phase is planned for 1,500 sf.

Units will start selling for $295,000, or $200 per sf. The sales center is set to open in January. In addition to condos, this development may include townhomes and other types of residences, the spokesperson says.

Additionally, the developer is planning is a 600-unit project on the beach in Pompano. Also a joint venture with the Swerdlow Real Estate Group, the development will feature units in two buildings. The sales center for this development is scheduled to open in February 2003. Britto Cohen is the project’s architect.

The third new project is Orchid Beach in Deerfield, which is being wholly developed by Boca Developers. This oceanfront property will consist of 44 units in two five-story buildings with an average of 2,500 sf per unit. The units will be three-bedroom, three-bath or two-bedroom convertible (den or study), three-bath.

This luxury property is being designed by The Benedict Group Architect and Planning. Pricing is expected to be announced when the on-site sales center opens in January. International Sales Group, based in Aventura, FL, is the exclusive marketing and sales representative for Boca Developers properties.

The developers have not yet released time lines for the three projects. More details will be decided soon, the Boca Developers spokesperson says.

Swerdlow Real Estate Group is a private real estate investment trust involved in real estate ownership, development, management and leasing. Boca Developers, a luxury condominium developer in South Florida, currently has 950 upscale units under construction in Palm Beach and Miami-Dade counties.

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?


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.