Douglas Elliman Development Marketing (DEDM) announced that the firm has been tapped to handle the exclusive sales and marketing for real estate development and investment firm, The Kolter Group’s newly completed iconic oceanfront residential tower, 5000 North Ocean, designed by Randall Stofft Architects and BC Architects, AIA. Chris Cox and Dave Shalkop from Douglas Elliman will be leading sales for the project.
“We are thrilled to bring Chris, Dave and the Douglas Elliman Development Marketing and Real Estate team on board to finish selling out the remaining residences,” said Ed Jahn, senior vice president of Kolter Urban. “Chris and Dave have established themselves as leaders in the Florida market and their extensive experience coupled with Douglas Elliman’s robust and successful development portfolio, will help to ensure the sellout of 5000 North Ocean.”
With interiors by renowned Palm Beach designer Bob Martin of The Decorators Unlimited, 5000 North Ocean features the ultimate in privacy and boutique resort-style living. With just 48 residences, the 19-story building is situated on an expansive stretch of direct, pristine Palm Beach oceanfront in Singer Island. There is over 340’ of direct oceanfront with more than half the property remaining as natural habitat or restored dune area.
Each residence boasts unobstructed Atlantic Ocean views, along with Intracoastal Waterway views to the West, and features floor-to-ceiling glass windows and doors and an expansive outdoor terrace. There are four distinctive floorplans, including four duplex residences and a one-of-a-kind oceanfront estate, the Sandcastle sprawling 3,907 square feet with 2,407 square feet of oceanfront terrace.
“We continue to see a historic surge in activity in the Palm Beach County market, where the most discerning buyers are looking for the ultimate in luxury and value,” said Jay Phillip Parker, CEO of Douglas Elliman’s Florida Brokerage. “5000 North Ocean is positioned as a one-of-a-kind offering that we are confident will continue to see success as we close out the remaining sales at the project.”
Amenities include an entry guardhouse with 24/7 attendance, a dramatic port cochere entry, private elevators providing convenient and safe access to all levels, residents club room and adjacent outdoor plaza featuring a full catering kitchen and bar, custom fireplace and lounge area, a state-of-the-art fitness center with the latest high tech exercise equipment overlooking the ocean and pool deck area, an oceanfront pool and spa, private oasis beach zone – a one-of-a-kind seaside sanctuary reserved for 5000 North Ocean residents and individual secured climate-controlled storage areas. Each residence comes with two assigned covered parking spaces, with additional guest parking available and electric car charging spaces.
Residences range from two-to-four bedrooms and are priced from $2.6 million to $5.6 million. The building is move-in-ready with Immediate Occupancy. For additional information, visit www.5000nocean.com or contact the sales gallery at 844.500.0937.
