El-Ad National Properties, an Elad Group company with a South Florida-based team, is pleased to announce that phase two (ALINA 210 and ALINA 220) of its ALINA Residences is nearly 80 percent sold. ALINA Residences, currently in finishing stages of construction, is an award-winning, world-class residential destination in the heart of downtown Boca Raton.
A variety of floor plans and residences are still available in phase two. Residences range from one to four bedrooms and span from 1,400 to over 5,400 square feet, with many featuring dens and private terraces overlooking the iconic The Boca Raton golf course. ALINA 210’s move-in ready residences are expected to be delivered ahead of schedule in summer 2024. ALINA 220 is expected to be delivered in late 2024 and will complete the entire project.
In the first quarter of 2024 alone, ALINA Residences has achieved $65 million in sales. A four-bedroom, 4.5-bathroom plus den penthouse in phase two offered at more than $10 million recently sold.
“This has been a strong season for us, and we are excited for phase two residents to enjoy their new home very soon. It is a great milestone to have achieved nearly 80 percent in sales in ALINA’s phase two,” said Noam Ziv, CEO of El-Ad National Properties.
“While our views are beyond compare, buyers appreciate fully finished residences complete with Gaggenau appliances, custom Italian cabinetry, and beautiful porcelain flooring,” adds El-Ad VP of Sales & Marketing, Candace Jorritsma. “We are finding savvy buyers are purchasing today and mobilizing their interior designers to work this summer so their personalized ALINAresidence is ready for hosting family and friends this coming Season.”
“As El-Ad completes the final phase of ALINA Residences, we continue to see great demand for ALINA Residences, as Boca Raton continues to be a highly sought-after location for high-net-worth individuals,” said Jay Phillip Parker, CEO of Brokerage, Douglas Elliman Florida Region and President of Douglas Elliman Development Marketing, Florida. “ALINA provides a prestigious, upscale opportunity for residents to enjoy the ultimate high-end Boca lifestyle.”
Tucked between the manicured green fairways of The Boca Raton and Southeast Mizner Boulevard, ALINA Residences is within walking distance to downtown Boca Raton’s restaurants, art galleries, salons, and boutiques, including the Mizner Park Amphitheater and the Boca Raton Museum of Art. The city’s iconic beaches and pristine parks are just minutes away. Residences are priced from approximately $2 million to more than $10 million.
While the amenities at ALINA 210 are exclusive to the 30 residents who make their home there, all ALINA residents enjoy the rooftop lap pool with private cabanas at ALINA 220, which beckons with ocean views. Additional upscale amenities across the sprawling campus include his and hers spa facilities with dry saunas, steam rooms, treatment rooms and relaxation rooms, state-of-the-art fitness centers, a studio with a professional-level golf and sports simulator, fire pits, dedicated yoga areas, exquisitely appointed club rooms, a dog park and more.
When ALINA 220 is delivered in late 2024, ALINA Residences will comprise three buildings: ALINA 200 (121 residences, which are completed, sold out and occupied), ALINA 210 (30 residences) and ALINA 220 (152 residences), for a total of 303 units.
With more than three decades of high-end development experience in New York City, Los Angeles and Toronto, Elad Group founded El-Ad National Properties in South Florida in 2004. By expeditiously seizing opportunities, El-Ad National Properties has since earned a sterling reputation as an agile, entrepreneurial company with high expectations and solid values, a philosophy shared by all employees. El-Ad National Properties is leaving its footprint on South Florida with ALINA Residences Boca Raton as its first new development from the ground up project.
About ALINA Residences Boca Raton
Developed by El-Ad National Properties, ALINA Residences Boca Raton is a world-class residential destination featuring resort-inspired amenities with a focus on wellness and accented by indoor and outdoor art installations. Designed by architects Garcia Stromberg and brought to life by Moss Construction, ALINA Residences phase one (ALINA 200) was completed in March 2021 as a nine-story, 121-residence building and is sold out. In 2023, El-Ad National topped off ALINA’s second and final phase, which is comprised of two new residential buildings (ALINA 210 and ALINA 220) and is nearly 80% sold. ALINA 210 is expected to be delivered in summer 2024, followed by ALINA 220 in late 2024. With sales led by Douglas Elliman Development Marketing, residences in the three towers will range from one to four bedrooms and span from 1,400 to over 5,400 square feet, with many featuring dens and private terraces that overlook the iconic The Boca Raton golf course. Residences are priced from approximately $2 million to over $10 million. Once completed in late 2024, the full luxury property will feature a total of 303 units and residents can explore a myriad of shared spaces and amenities across the expansive campus, including over three acres of private outdoor amenity space, two private rooftop pools, outdoor dining and entertainment areas, lavish green spaces, outdoor yoga spaces, a dog park, top-of-the-line fitness centers, generously sized club rooms, studio with a professional-level golf and sports simulator, His and Hers Spas with dry saunas, steam rooms, treatment rooms, and indoor and outdoor relaxation rooms. For more information, please visit www.alinabocaraton.com.
About El-Ad National Properties
Boca Raton-based El-Ad National Properties is an Elad Group company, which is a highly regarded development team known for best-in-class projects in the most sought-after neighborhoods in New York and nationwide. Known and recognized worldwide for the history-making, restoration and conversion of the famed Plaza Hotel, Elad Group is continuously making strides in real estate and receiving public acclaim for many of its properties. Elad’s New York portfolio of iconic buildings includes One West End, the first and tallest condominium project to come to market in Christian de Portzamparc’s masterfully-designed Riverside Center, 22 Central Park South, an exquisite collection of full-floor luxury condominium residences overlooking Manhattan’s famed Central Park, 250 West Street, a 1906 warehouse turned luxury condominium in the heart of TriBeCa, and 108 Leonard, a 19th century McKim, Meade & White Italian Renaissance Revival landmark conversion in TriBeCa. Elad Group is committed to developing architecturally significant buildings and partnering with renowned architects and design professionals to create premier new developments.
About Douglas Elliman Development Marketing (DEDM)
Douglas Elliman Development Marketing, a division of Douglas Elliman Realty, offers unmatched expertise in sales, leasing, and marketing for new developments throughout New York City, Long Island, Westchester, New Jersey, Florida, California, Massachusetts, and Texas. The company’s new development hybrid platform matches highly experienced new development experts with skilled brokerage professionals who provide unparalleled expertise and real time market intelligence to its clients. The firm is heralded for its achievements in record-breaking sales throughout each of its regions. Drawing upon decades of experience and market-specific knowledge, Douglas Elliman Development Marketing offers a multidisciplinary approach that includes comprehensive in-house research, planning and design, marketing, and sales. Through a strategic global alliance with Knight Frank Residential, the world’s largest privately-owned property consultancy, the company markets properties to audiences in 58 countries, representing an over $87 billion global new development portfolio. https://www.elliman.com/marketing
