Boom Time: 139th New Condo Tower Proposed For South Florida Coast

Highland Beach, FL condo rendering

MIAMI, FL -- With at least 138 new condo towers already proposed for South Florida, a developer has announced plans for a new condo tower on the barrier island just north of Boca Raton in Southeast Palm Beach County as the tricounty real estate market shows signs of recovering from the dramatic downturn of 2007, according to a new report from www.CondoVultures.com.

The newly proposed condo tower - not yet formally named but slated to be developed in the 3200 block of South Ocean Boulevard in the town of Highland Beach - comes at a time when developers are proposing 23 buildings with nearly 2,100 units in Palm Beach County, according to the Cranespotters.com Preconstruction Condo Projects Database™ compiled by the licensed Florida brokerage CVR Realty™.

In Highland Beach, this newly proposed condo project is slated to stand seven-stories tall and feature 22 units - ranging in size from 2,500 square feet to 3,000 square feet - on the west side of the barrier island just south of Linton Boulevard, according to the Coastal Star news website.

Overall in South Florida, developers are now proposing 18,550 units for the tricounty region of coastal Miami-Dade, Broward, and Palm Beach as of June 16, 2013, according to Cranespotters.com.

For a complete copy of the company’s news release, please contact:

Condo Vultures®

225 Midtown Building

225 NE 34th St.,

Suite 209B,

Downtown Miami, Florida, 33137.

800-750-0517.