DDG, a leading national real estate development firm known for its progressive design aesthetic, has announced first new beachfront residential development on Palm Beach Island in over a decade, 3550 South Ocean, has officially topped out at 7 stories after breaking ground last summer. 3550 South Ocean is rare new addition to the coveted Palm Beach shoreline that introduces a new standard of luxury condo living in Palm Beach. 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.
“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.”
DDG 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, 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. Residences at 3550 South Ocean come in 2 and 3 bedroom layouts, range in size from 2,700 SF to 3,000 SF and start at $1.875 million. Units will feature private elevator access with private entry foyers, amazing views of the Atlantic Ocean and Intracoastal Waterway, floor-to-ceiling glass, expansive chef's kitchens, and will be delivered move-in ready. A collection of five penthouses will also feature rooftop terraces.
Amenities 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 including in-residence massages, indoor and outdoor private training, and yoga and youth fitness for residents. Ownership perks also include an exclusive relationship with on-demand charter service, Star Jets International which 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. Construction is currently under way with KAST as the general contractor. Delivery expected in late 2018.
Drone photos via Daniel Petroni; Image via Jared Ruschmann, World Red Eye; Renderings via DDG