Kotler Group, developer and designer of the new 19 story boutique 5000 North Ocean is hoping for a big sales push this holiday season.
While construction hasn't yet started on the condo building, it has already garnered buying interests largely due to the fact that all 48 units face the ocean. While only five units have sold since merketing efforts began in May, they are hoping to increase those numbers as Season is quickly approaching.
They are hoping to garner a lot of those condo sales by targeting northeasterners, as well as local residents who are looking to downsize. Specifically, those in nearby country club communities such as Old Palm and Mirasol.
Kotler Group plans on breaking ground once they have about 12 to 15 contracts in hand with the condo building taking roughly two years to complete.
5000 North Ocean is set on four acres with an acre of private beach. Prices start at just under $2 million and go up to about $4.5 million.
For more information on 5000 North Ocean, call John Nugent and his Singer Island team at 561-626-7272.