(To read more on the multifamily market, click here.)

NORTH MIAMI BEACH-Deerfield Beach, FL-based Boca Developers has started construction on the 468-unit Marina Grande North Miami Beach condominium project.

The project includes two 24-story towers and a 100-slip private marina. The units will range in size from 1,822 sf to 2,615 sf and have two to three bedrooms and two to 3.5 bathrooms. Some of the two-bedroom units also have a den. Among unit features will be imported cabinetry, granite countertops, stainless steel appliances and marble flooring. Among community features will be heated swimming pools and spas, a clubroom and fitness center. Prices for the units range from the high $800,000s to $2.5 million.

“We believe very strongly that properties such as Marina Grande with its spacious residences and full-service marina will continue to sell extremely well,” says Boca Developers president Brian Street.

In addition to Marina Grande North Miami Beach, Boca Developers also has Marina Grande properties in Daytona Beach, Riviera Beach and Key Largo. Other properties include Biscayne Landing in North Miami, Peninsula I & II and Hamptons South in Aventura, Orchid Beach in Deerfield Beach and 400 Beach St. in Daytona Beach.

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