As featured in The New York Post – Jeffrey Soffer, whose company owns the famed Fontainebleau in Miami, and whose family owns JW Marriott Turnberry Resort & Spa, is constructing a chic building on tony Jupiter Island, home to Tiger Woods and Celine Dion.
All 21 units, ranging from $7 million to $10 million, will have three- and four-bedrooms, and because the surrounding land is protected, your views of the ocean and the Intracoastal are safe — even railings are glass to maximize the vista.
Among the other enticements are an infinity pool, yoga and meditation lawn, social terrace and game area.
Source: The New York Post
Jupiter Island’s most exclusive new address is on the rise. Sales have been exceptional and construction is progressing right on schedule with completion slated for Fall of 2022.
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These twenty-one new oceanfront condominium residences will deliver uncompromising luxury in a gated sanctuary with panoramic views of the Atlantic Ocean, Intracoastal waterway and neighboring parks.
As featured in The South Florida Business Journal – November through January have been the best sales months at Turnberry Ocean Residences in Sunny Isles Beach, primarily because of buyers from the winter-stricken Northeast, said Jim Cohen, president of Fontainebleau Development. The larger units in the recently completed tower are selling faster than the smaller ones, and they’ve even combined some units to create duplex-style condos.
A similar trend occurred at Fontainebleau Development’s SeaGlass Jupiter Island project, where the larger condos were the first to be presold, Cohen said.
“In our SeaGlass project, in two recent sales, the clients came out of 20,000- or 30,000-square-foot homes,” he said. “They still demand a large space. They are just tired of upkeep for the home. They are downsizing, but still buying 6,000 to 8,000 square feet.”
Fontainebleau Development is strongly considering more luxury projects in South Florida, as the demand for larger units will continue and few projects are under construction now, Cohen added.
Source: South Florida Business Journal
As featured in South Florida Agent Magazine – The luxury condo boom is spreading beyond Miami. A new community on Jupiter Island, SeaGlass, Jupiter Island, has also seen an increase in sales.
Jim Cohen, president of residential for Fontainebleau Development, said, “SeaGlass, Jupiter Island is one of the first buildings to be constructed in the area in decades, and once completed, it will become one of the most coveted addresses in the area. The unique location of the site offers direct ocean and intracoastal views along with views of protected parks to the north and south with no neighboring buildings close by. When we were presented the opportunity to develop on this location there was no hesitation as a site like this is truly rare.”
“There is absolutely a demand for larger condominium residences today. Fortunately, we as developers have always specialized in the ultra-luxury market where the buyers are end-users who prefer larger-sized residences.”
In addition, Cohen said, “SeaGlass was designed from the inside out. First, we thoughtfully considered the usability of the residence floor plans, and then followed with an architecturally stunning building design. The aesthetic represents a casual elegance that relates to the building’s unique beachfront location. The lobby was designed to feel modern with a contemporary color palette inspired by the surrounding sea, beach and dunes, including the cast-glass chandelier that represents forms of sea glass.”
Source: South Florida Agent Magazine
As featured in The Palm Beach Post – It’s not just southern Palm Beach County that is seeing construction of small upscale condos, however.
In Tequesta, at the county’s northern edge, developers just broke ground on SeaGlass Jupiter Island, a boutique luxury condominium featuring only 21 units.
Since sales launched in May, developers have logged an undisclosed number of pre-construction sales, ranging in price from $5.9 million to more than $10 million. Each unit features ocean-to-Intracoastal views, as well as private terraces with summer kitchens.
The project, being developed by Fontainebleau Development and Perko Development Partners, is expected to be completed in the fall of 2022.
Read Full Article: The Palm Beach Post
As featured in the South Florida Business Journal – Fontainebleau Development, led by Jeffrey Soffer, and Perko Development Partners, led by Phil Perko, broke ground on a luxury condominium project along the beach in Tequesta.
SeaGlass Jupiter Island will be located at 1500 Beach Road, directly south of Coral Cove Park, a public beach. The eight-story building will have undeveloped public land on both sides, so residents will have unobstructed views. It will be one of the few beachfront condos in South Florida without any neighbors.
The 21 units will be priced from $5.9 million to over $10 million. The condos will range from 3,781 square feet with three bedrooms to 5,323 square feet with four bedrooms. Each unit will have a terrace with a summer kitchen. The two penthouses will have rooftop terraces. Each condo will come with a private two-car garage.
Amenities will include a beachfront pool, spa, fitness center, yoga/meditation lawn and two-story lobby.
SeaGlass Jupiter was designed by architect Robert M. Swedroe. The project should be completed in fall 2022.
The developers said they are self-funding construction. Turnberry Beach Road LLC, a partnership between Fontainebleau Development and Perko Development, acquired the property in 2017 with a purchase from a nonprofit and buying out the individual owners of a 12-unit condo that it later demolished.
Soffer, the majority owner of the Fontainebleau Miami Beach hotel, has built thousands of condo units over the years. The most recent project he delivered is Turnberry Ocean Club in Sunny Isles Beach.
Source: South Florida Business Journal