Michael Dell’s investment in Boca Raton’s luxury real estate market is proving successful.
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investment → prove → market
Buyers have claimed roughly 40% of the condos planned at The Boca Raton in just a few months, a rep for the project told The Post.
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rep → claim → Post
The 75 homes, located at 501 E Camino Real, mark the first time the 100-year-old Florida resort has sold residences on its grounds.
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resort → locate → grounds
Prices run from $8.95 million to more than $20 million for three to five bedrooms.
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Prices → run → bedrooms
The cheapest unit now costs more than twice what was first floated.
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what → cost → ?
Bloomberg previously reported a starting price of $4 million, and a May sales announcement put the floor at $5 million with two-bedrooms in the mix.
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announcement → report → mix
The lineup includes terrace units, penthouses and three villas that come with their own gardens, plunge pools and outdoor kitchens, according to the resort.
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that → include → resort
Owners get butler service at home, with childcare and pet care on the menu.
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Owners → get → menu
Newly released photos obtained by The Post show renderings of the residences being built.
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photos → release → residences
The building’s private perks include a rooftop pool with cabanas, a spa with a hammam and thermal suites, a gym with a Pilates studio and a golf simulator.
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perks → include → studio
“Homeowners will enjoy a highly amenitized lifestyle serviced by the resort, which includes 45,000 square feet of private indoor and outdoor amenities and a one-of-a-kind Residential Club Membership that extends to owners’ parents and children,” Sabrina Gleizer, a partner at developer BDT & MSD Partners, said in a statement.
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Gleizer → enjoy → statement
She called the project “a truly unique offering.”
The membership may be the real prize.
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membership → call → project
The resort says it created a new top tier for condo owners that covers relatives from grandparents to grandchildren and stays attached to the home.
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that → say → home
Architect Addison Mizner opened the resort in 1926.
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Mizner → open → 1926
Today it has about 1,000 rooms spread across five hotels, plus a beach, golf course, marina, spa and tennis courts.
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it → have → hotels
It bills itself as the only Forbes quadruple five-star resort in the Americas.
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It → bill → Americas
Dell’s MSD Partners bought the property for $875 million in 2019 and later merged with Byron Trott’s BDT & Co.
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Partners → buy → BDT
The combined firm has put some $375 million into upgrades.
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firm → combine → upgrades
It also landed a $1 billion refinancing.
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It → land → refinancing
The overhaul repainted the famously pink main building beige and brought in the New York team behind Carbone to run restaurants.
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overhaul → repaint → restaurants
Rooms can now top $1,000 a night.
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Rooms → top → 1,000
The eight-story condo building won city council approval in March.
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building → win → March
Construction is set to start late this year and wrap in 2029.
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Construction → set → ?
Pembrooke & Ives designed the interiors with a nod to Mizner.
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Pembrooke → design → Mizner
Units will have terraces 12 feet deep, full-height glass, white oak, marble and kitchens fitted with Sub-Zero, Wolf and Cove appliances.
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Units → have → appliances
The neighbors are not hurting for cash.
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neighbors → hurt → cash
Just south is the gated Royal Palm Yacht & Country Club, where Travis Kelce rented a $20 million, six-bedroom mansion during the 2025 offseason for a reported $100,000 a month.
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Kelce → gate → 100,000
Taylor Swift, now his wife, was said to have joined him.
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Swift → say → him
A spec mansion in that community sold for $75 million in May, a Boca record.
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mansion → sell → May
Actor Kevin James paid $17.15 million for a house there earlier this year.
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James → pay → house
Douglas Elliman’s Senada Adžem is leading sales.
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Adžem → lead → sales
The developer says this will be the only time homes are sold on the property.
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homes → say → property
The Aporia
