Michael Dell's $875M Boca Raton Luxury Resort Draws High-End Condo Buyers
12 Oct 2026Updated 2 hr ago1 source
A report states that technology billionaire Michael Dell's $875 million investment in a Boca Raton luxury resort has seen nearly 40% of its $20 million condos pre-sold. The historic century-old resort, which previously focused on rental accommodations, is transitioning to luxury residential sales with construction starting later this year and completion slated for 2029.
NIKAN Intelligence
What happened
Billionaire Michael Dell's $875 million luxury resort project in Boca Raton has secured buyers for approximately 40% of its high-end condos, which are priced at $20 million each.
Why it matters
The development marks a major shift for a century-old resort that previously focused on rentals, converting it into a luxury residential property with exclusive resort benefits.
What we know
- The project is valued at $875 million.
- Condos are priced at $20 million, with approximately 40% already sold.
- The resort is a century-old property previously offering rental accommodations.
- Construction is scheduled to begin later this year, with completion in 2029.
What we don't know
- The exact total number of condos being built.
- The names of the buyers who purchased the pre-sold condos.
- The identity of the architectural or construction firms involved.
What's next
Construction is scheduled to commence later in 2024, with the final completion projected for 2029.
Generated by NIKAN's analysis engine from the cited reports only. Nothing here is invented; gaps are shown as unknowns. Always read the original coverage linked below.
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