Palm Beach’s First New Oceanfront Condo In More Than 10 Years Tops Out

7/25/18

The first new beachfront residential development on Palm Beach Island in more than a decade, 3550 South Ocean, has topped out, developer DDG announced. A major milestone for the luxury condominium and Palm Beach, the building has reached its peak after breaking ground last summer. Demand for the condominium’s oceanfront two-bedroom, three-bedroom and penthouse homes has remained strong during construction. Current availability starts at $2.3 million.

DDG, an award-winning integrated real estate development firm known for its progressive design aesthetic and highly successful residential buildings in New York and California, has assembled a cast of acclaimed designers for 3550 South Ocean. GarciaStromberg | GS4studios of Palm Beach, Kobi Karp Architecture of Miami, and Champalimaud of New York have teamed up to design the striking, yet timeless, contemporary beachfront building, with a sawtooth form that stretches east to west and enables each of the building’s 30 expansive residences to be bathed in natural light and enjoy unparalleled ocean views and breezes. KAST Construction is serving as the general contractor for the project.

“3550 South Ocean is a significant development for DDG as it represents a new phase of the company’s expansion as well as our first project in Florida,” said Joseph A. McMillan, Jr., CEO and Chairman of DDG. “Watching the building go vertical and achieve its full height has been incredibly exciting and we look forward to seeing its elegant and contemporary design come to life as we approach completion next year.”

“Buyer response to 3550 South Ocean has been quite positive since the building came onto the market last year,” said Howard M. Lorber, Chairman, Douglas Elliman Realty LLC, whose Development Marketing team is the exclusive marketing and sales agent for 3550 South Ocean. “It offers the rare opportunity of purchasing a newly built home directly on the beach, as well as situates residents extremely close to the world-class dining, shopping and leading cultural institutions Palm Beach is known and sought after for.”

Outfitted with every comfort and convenience imaginable, each home in the seven-story building features direct elevator access, private entry foyers, private balconies, direct water views and expansive layouts ranging from 2,700 to over 3,000 square feet. Five gracious penthouses boast sweeping, private rooftops with plunge pools and outdoor kitchens for entertaining, as well as Atlantic Ocean views to the east and Intracoastal Waterway views to the west. All residences will be delivered move-in ready.

The luxury condominium’s modern interiors are being designed by Champalimaud and channel a timeless Palm Beach style to create clean contemporary lines and a soft color palette marked by a variety of materials and textures. Hallmarks of the residential interiors include open and expansive chef-caliber kitchens with custom oversize islands composed of intricate stonework, solid oak flooring, and top-of-the-line appliance and fixture packages. Floor-to-ceiling glass windows, open living areas, and sliding doors to private covered balconies enhance the natural light and water views and blur the line between indoor and outdoor living.

3550 South Ocean has a curated selection of lifestyle amenities exclusively for residents that include private beach access, a beachfront salt water swimming pool and sun terrace, a fitness studio with east-facing natural light, on-site surf board and stand-up paddleboard storage, private gated access and private parking. Additionally, DDG has a partnership with The Wright Fit, to provide custom, on-demand lifestyle services inclusive of in-residence massages, indoor and outdoor private training, yoga and youth fitness for residents, as well as an exclusive relationship with on-demand charter service, Star Jets International. This partnership provides residents with custom-tailored concierge jet services, with the resident experience inclusive of door-to-door car transfers, itinerary customization, jet selection, onboard catering and more.

3550 South Ocean’s sales gallery is located at 205 South Ocean Boulevard, Manalapan, Florida. For additional information or to schedule an appointment, please contact the sales team at 561-600-1156,  sales@3550southocean.com, or visit www.3550southocean.com.

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