Buyers Claimed 40 Percent of New Boca Raton Condos
Owners of these 75 planned resort residences will gain exclusive access to expansive private amenities and club memberships.
Updated on Oct. 11, 2026 in Residential
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Buyers have claimed 40% of the 75 residential units planned at The Boca Raton, marking the first time the historic resort has sold homes on its grounds. The project, which received city council approval in March 2026, features luxury units priced from $8.95 million.
Why it matters
The development represents a significant shift for the 1,000-room resort as it integrates private residential living into its hospitality model. This expansion follows a $375 million investment in property upgrades and a $1 billion refinancing effort by owners MSD Partners.
The residential project includes 75 homes with starting prices of $8.95 million and exceeding $20 million. Buyers are securing access to 45,000 square feet of private indoor and outdoor amenities plus family club memberships.
The players
MSD Partners
The investment firm that purchased the resort for $875 million in 2019 and is leading the current residential expansion.
Addison Mizner
The architect who opened the original resort property in 1926.
The details
The residences are part of a strategy to bring permanent housing to the site of the original resort opened in 1926. Owners will benefit from a Residential Club Membership that extends privileges to parents and children as part of the resort footprint. Construction of the facility is scheduled to begin in late 2026 with an expected completion date in 2029.
Timeline
1926: The resort first opened under the direction of Addison Mizner.
2019: MSD Partners completed the purchase of the resort property.
March 2026: The residential project received city council approval.
Late 2026: Construction is scheduled to begin on the project site.
2029: Project construction is expected to conclude.
The Home Front
This project aligns with a broader trend of luxury resort brands integrating private real estate into historic grounds. It marks a departure from purely transient hospitality models for the property by creating a permanent residential footprint.
If you are considering a luxury real estate investment, review the terms of the Residential Club Membership to understand which family members are included. Consult with a qualified real estate advisor regarding how large-scale luxury developments impact surrounding property values.
The takeaway
The addition of permanent residences to this historic resort signals a long-term shift in the local high-end housing market. Prospective buyers should monitor the 2029 construction timeline and verify specific amenities included in the purchase agreement before committing to these high-value assets.
What happens next
Construction is set to begin in late 2026, with project completion and move-ins anticipated by 2029.
Further reading
Explore more updates on the local market in Boca Raton Residential.
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