The first new planned condo in Palm Beach County is set to begin construction at 4001 North Ocean on A1A along the beach. This is prime beachfront property and only 2 ½ miles north of the bustling dining, arts, cultural and entertainment trendy downtown Delray Beach’s Atlantic Avenue, and near Gulf Stream.
The builder will use in-house contractors and local subcontractors as well. There will be 34 condo units in the 6-story building, each about 3000 sq ft and priced betweent $1.4MM and $3MM. Four separate villas will be built on the west side of A1A priced similarly but 4000 sq ft with 2-car garages.
Featured will be 10’ ceilings, glass and hurricane-resistant constructions, and delivery is expected in early 2013. The Grand Opening is planned for mid-January 2011 and needs 10 to 12 contracts to”go vertical.” Three are reported already sold.
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