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PALM COAST, FL-Setting sales records is becoming old hat to the Ginn Co. of Celebration, FL. Headed by developer Bobby Ginn, the firm’s latest accomplishment is selling 92 luxury condos in three hours for $157 million at its Ocean Towers at Hammock Beach resort, 75 miles northeast of Downtown Orlando.

Individual prices for the three-bedroom residences ranged from $1.2 million to $2.6 million. The 1,000-acre Hammock Beach development has produced $700 million in sales since its inception in 1999.

“The Ocean Towers were the last and greatest oceanfront opportunity at Hammock Beach,” says Aiden Lynch, vice president of sales and marketing at Hammock Beach. The five Ocean Towers properties were the final offering of oceanfront residences at Hammock Beach.

Ginn Co. has broken Florida real estate records in recent months, posting $170 million in sales at Reunion Resort & Club of Orlando’s West Side and $174 million in sales during its initial release at Bella Collina, an exclusive golf and equestrian community in Montverde, FL, 35 miles northwest of Downtown Orlando in Lake County.

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