The $150 million project, called Eighty Points West for its longitudinal location on the map, will rise at 5700 N. Flagler Drive, taking the place of several single-family homes that have already been demolished by the developer.
"This project will dramatically change the area," said Clifford Preminger, president of T-Rex Capital LLC, the developer, which is creating the project under the entity LB T-Rex Aqua Vista LLC. "We're optimistic that over the next five years, our project will lead the way for a lot of very nice and very attractive projects to be built between Riviera Beach and downtown West Palm."
Eighty Points West will include 173 units ranging from 1,946 to 4,450 square feet. There will be several types of units at the project:
One hundred forty-two of the units will be in a 20-story building at the center of the site. These will consist of traditional "flats," or apartment-style condominiums, as well as penthouses.
Twelve of the units will be "carriage houses," townhouses that border the street at the perimeter of the project.
Nineteen of the units will be "villas," waterfront townhouses with one, two or three stories.
Prices will range from the $500,000s to $2.9 million.
All units will have natural gas ranges and dryers and upscale features such as granite countertops and upgraded fixtures.
The high-rise condos will have GE Profile appliances, while the villas and penthouses will be upgraded to Sub Zero refrigerators and Viking stoves.
Amenities at Eighty Points West will include an infinity-edge pool with spa, fitness center, theatre, library and private beach area on the Intracoastal. There will also be a 21-slip yacht marina that can accommodate up to 90-foot boats. The slips will be sold to unit purchasers at prices starting at $400,000, Preminger said.
T-Rex began sales about two weeks ago and has sold about 15 percent of the units to date, Preminger said. And although he said he expects the units to "go pretty quickly," the project does face some competition.
Eighty Points West offers expansive vistas of the Intracoastal, Palm Beach island and unobstructed views of the ocean. World-class amenities that include a private sandy beach area, a poolside clubhouse, a waterfront heated infinity-edge pool, two whirlpool spas,a high-tech fitness center, theater room, library... and much more.
Contact:
Shirley Wyner Realtor/Associate
(561) 842-9789
email
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