Empire Development Announces New Ultra-Luxury Real Estate Inventory in Boca Raton
Empire Development has unveiled three new ultra-luxury properties in Boca Raton, Florida, with a combined listing price of $38,995,000. The Senada Adzem Team of Douglas Elliman Real Estate (DOUG) is exclusively handling sales. The properties include:
- 839 Orchid Drive: $21,500,000
- 1351 Cocoanut Road: $10,500,000
- 300 NE 11th Street: $6,995,000
Empire Development recently closed two record-setting luxury sales totaling $15,050,000. Their current portfolio includes an additional $35,995,000 worth of premium listings. With a total of $74,990,000 in luxury listings and $90,040,000 in overall inventory, Empire Development is setting new standards for luxury real estate in Boca Raton.
Empire Development ha svelato tre nuove proprietà ultra-lussuose a Boca Raton, Florida, con un prezzo di listino complessivo di $38,995,000. Il team Senada Adzem di Douglas Elliman Real Estate (DOUG) si occupa esclusivamente delle vendite. Le proprietà includono:
- 839 Orchid Drive: $21,500,000
- 1351 Cocoanut Road: $10,500,000
- 300 NE 11th Street: $6,995,000
Empire Development ha recentemente concluso due vendite di lusso da record per un totale di $15,050,000. Il loro attuale portafoglio include ulteriori proprietà di pregio per un valore di $35,995,000. Con un totale di $74,990,000 in listini di lusso e $90,040,000 in inventario complessivo, Empire Development sta fissando nuovi standard per il mercato immobiliare di lusso a Boca Raton.
Empire Development ha presentado tres nuevas propiedades ultralujo en Boca Raton, Florida, con un precio total de listado de $38,995,000. El equipo Senada Adzem de Douglas Elliman Real Estate (DOUG) está manejando exclusivamente las ventas. Las propiedades incluyen:
- 839 Orchid Drive: $21,500,000
- 1351 Cocoanut Road: $10,500,000
- 300 NE 11th Street: $6,995,000
Empire Development recientemente cerró dos ventas de lujo que establecieron récords, totalizando $15,050,000. Su portafolio actual incluye un valor adicional de propiedades premium de $35,995,000. Con un total de $74,990,000 en propiedades de lujo y $90,040,000 en inventario general, Empire Development está estableciendo nuevos estándares para el mercado inmobiliario de lujo en Boca Raton.
엠파이어 개발은 플로리다 보카 라톤에 세 개의 초호화 신규 부동산을 공개했으며, 총 리스트 가격은 $38,995,000입니다. 더글라스 엘리먼 부동산(DOUG)의 세나다 아드젬 팀이 독점적으로 판매를 담당하고 있습니다. 해당 부동산에는 다음이 포함됩니다:
- 839 오키드 드라이브: $21,500,000
- 1351 코코넛 로드: $10,500,000
- 300 NE 11th 스트리트: $6,995,000
엠파이어 개발은 최근 두 건의 기록적인 고급 판매를 성사시켰으며 총 $15,050,000에 달합니다. 현재 그들의 포트폴리오에는 추가로 $35,995,000에 해당하는 프리미엄 리스트가 포함되어 있습니다. 총 $74,990,000의 고급 부동산 리스트와 $90,040,000의 전체 재고 가치를 지닌 엠파이어 개발은 보카 라톤의 고급 부동산 시장에 새로운 기준을 설정하고 있습니다.
Empire Development a dévoilé trois nouvelles propriétés ultra-luxueuses à Boca Raton, Floride, avec un prix de vente total de $38,995,000. L'équipe Senada Adzem de Douglas Elliman Real Estate (DOUG) gère exclusivement les ventes. Les propriétés comprennent :
- 839 Orchid Drive : $21,500,000
- 1351 Cocoanut Road : $10,500,000
- 300 NE 11th Street : $6,995,000
Empire Development a récemment conclu deux ventes de luxe record pour un total de $15,050,000. Leur portefeuille actuel comprend des listings supplémentaires d'une valeur de $35,995,000. Avec un total de $74,990,000 en listings de luxe et $90,040,000 en inventaire total, Empire Development fixe de nouvelles normes pour l'immobilier de luxe à Boca Raton.
Empire Development hat drei neue ultra-luxuriöse Immobilien in Boca Raton, Florida vorgestellt, mit einem Gesamtlistepreis von $38,995,000. Das Senada Adzem Team von Douglas Elliman Real Estate (DOUG) übernimmt exklusiv den Verkauf. Die Immobilien umfassen:
- 839 Orchid Drive: $21,500,000
- 1351 Cocoanut Road: $10,500,000
- 300 NE 11th Street: $6,995,000
Empire Development hat kürzlich zwei Rekordverkäufe im Luxussegment abgeschlossen, die insgesamt $15,050,000 erreichen. Ihr aktuelles Portfolio umfasst zusätzliche $35,995,000 an Premium-Angeboten. Mit insgesamt $74,990,000 in Luxusangeboten und $90,040,000 im gesamten Inventar setzt Empire Development neue Standards für Luxusimmobilien in Boca Raton.
- Launch of three new ultra-luxury properties with a combined listing price of $38,995,000
- Recent closure of two record-setting luxury sales totaling $15,050,000
- Current portfolio includes $35,995,000 worth of additional premium listings
- Total of $74,990,000 in luxury listings and $90,040,000 in overall inventory
- None.
Insights
Empire Development's launch of three ultra-luxury properties in Boca Raton, totaling
The company's focus on architectural innovation and premium locations, particularly waterfront properties, aligns with current luxury buyer preferences. The 160 feet of prime dockage at 839 Orchid Drive is a standout feature that could command significant interest from yacht owners. The diverse portfolio, ranging from
However, with a total inventory of
The launch of these ultra-luxury properties in Boca Raton reflects a broader trend of wealth migration to Florida, particularly from high-tax states. This influx has been driving demand for high-end real estate, especially in coastal areas. The Balinese-inspired and contemporary designs of Empire's offerings cater to the evolving tastes of luxury buyers who seek unique, resort-style living experiences.
The average listing price of
However, the luxury market's performance can be an early indicator of broader economic trends. The ability to close deals at these price points will be a litmus test for the health of the high-end real estate market and could provide insights into the confidence levels of ultra-high-net-worth individuals. Investors should monitor the absorption rate of these properties as a gauge of market strength and potential headwinds in the luxury segment.
Douglas Elliman's Senada Adzem Team Handling Sales for Newly Launched Homes
- 839 Orchid Drive,
Boca Raton – Listed at$21,500,000 - 1351 Cocoanut Road,
Boca Raton – Listed at$10,500,000 - 300 NE 11th Street,
Boca Raton – Listed at$6,995,000
These three extraordinary single-family homes epitomize the pinnacle of architectural mastery and modern luxury. At 839 Orchid Drive, a contemporary waterfront estate on a secluded Intracoastal cove features 160 feet of prime dockage, complemented by a unique primary suite with dual bathrooms, walk-in closets, and private terraces. 1351 Cocoanut Road is a stunning Balinese-inspired modern mansion spanning 11,186 square feet, meticulously designed to blend indoor and outdoor living spaces seamlessly. Meanwhile, 300 NE 11th Street in the prestigious Boca Villas community boasts 24-foot foyer ceilings and 7,126 square feet of sophisticated, contemporary design, underscoring Empire Development's dedication to craftsmanship and innovation.
Adding to its impressive track record, Empire Development has recently closed on two record-setting luxury sales in
Empire Development's current portfolio continues to set the standard for luxury living, with
- 651 Golden Harbour Drive,
Boca Raton – Listed at$11,950,000 - 541 Golden Harbour Drive,
Boca Raton – Listed at$11,500,000 - 1099 NE 4th Avenue,
Boca Raton – Listed at$6,695,000 - 1051 NE 2nd Terrace,
Boca Raton – Listed at$5,850,000
With a total of
About Empire Development:
Empire Development, headquartered in
Led by Founder and CEO Marc Elkman, Creative Director Michael Lupo, Project Manager John Passalacqua, and Structural Engineer and General Contractor Chris Beale, Empire Development is at the forefront of luxury real estate. Their passion and expertise continue to set new standards in craftsmanship and innovation, delivering unparalleled living experiences in
About Douglas Elliman Inc.
Douglas Elliman Inc. (NYSE: DOUG, "Douglas Elliman") owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in
Investors and others should note that we may post information about Douglas Elliman Inc. on our website at investors.elliman.com or, if applicable, on our accounts on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube or other social media platforms. It is possible that the postings or releases could include information deemed to be material information. Therefore, we encourage investors, the media and others interested in Douglas Elliman to review the information we post on our website at investors.elliman.com and on our social media accounts.
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SOURCE Douglas Elliman
FAQ
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