One Thousand Ocean Closes Deals Totaling $11M

BOCA RATON, Fla. – Boca Raton’s One Thousand Ocean has closed two units totaling approximately $11 million, bringing the building to 91 percent occupancy, according to an announcement today from One Thousand Ocean. LXR Realty handled the deals in-house and Boca Raton-based Premier Estate Properties brought the buyers. The last available two-story beach villa at One Thousand Ocean closed for $5.15 million, or $1,135 per square foot, the statement said. The property features three bedrooms, four bathrooms, 1,123 square feet of terraces, an elevator, a pool, an outdoor kitchen, and a two-car garage. The second deal was fro a customizable penthouse that closed for $5.86 million, or $1,415 per square foot, the statement said.The property features 1,450 square feet of…