SOURCE: 200 East Boca Raton
BOCA RATON, FL--(Marketwire - Oct 8, 2012) - 'Tis the season to sell out at 200 East, downtown Boca's newest luxury condominium. This 115 unit luxury residence just announced that after sales this summer, they are now 85% occupied. Thirteen units are available for sale right now. 200 East has closed on 22 units and sold more than 19 million since last November 2011. The property also had a significant sales surge last season from November 2011 to April 2012 closing on the sale of more than 11 units, including the most exclusive listing in the building, a 4352 sq. foot penthouse unit with breathtaking views.
"There's real action in the Boca Raton market," said John Poletto, principal of Nestler Poletto Sotheby's International Realty. "Summer is normally a slow time, but this summer was very successful for us as we did nine million dollars in sales. That gives us a lot of momentum going into the season when many people come back to South Florida for the fall and winter."
200 East closed sales on three of their most sought after units this summer alone, including two penthouses and a townhouse. "200 East is more than a place to live, it offers a fantastic lifestyle," said Lon Tabatchnick, developer of 200 East. "Located in the heart of downtown, we are right in the middle where things are happening."
The downtown Boca Raton area is booming. With the recent opening of Ipic Theatre, and a brand new Lord & Taylor soon to follow, 200 East is a luxury condominium building that offers residents access to all the new action and a complete urban living lifestyle.
For more information on 200 East, please contact Nestler Poletto Sotheby's International Realty at 561-368-5105 or www.200eastbocaraton.com. 200 East offers two and three bedroom residences and townhouses priced from $674,900. The property is located at 200 East Palmetto Park Road, Boca Raton, FL.
About Lojeta Group and Millennium Homes
The Lojeta Group is a diverse, successful and highly respected family owned real estate development firm. Focused on high quality large-scale opportunities, the Lojeta Group has completed more than 1,000 homes and many retail and commercial spaces since its inception in 1985. For more information, please visit www.lojeta.com.
For more than 50 years, Millennium Homes has been building communities nationwide to the highest standard of quality and design. Builders of communities that bring people together, Millennium has completed more than 20,000 homes, 10,000 rental apartments and 1,000,000 square feet of commercial and retail space. For more information, please visit www.millenniumhomes.com