Boca Developers Planning 3 New Condo Communities

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.