New York Post
· collected 2026-10-11 · by Mary K. Jacob
Michael Dell’s real estate venture in Boca Raton is seeing early success, with buyers securing nearly 40% of the 75 luxury condos at The Boca Raton within months. Prices range from $8.95 million to over $20 million for three to five-bedroom units, a significant increase from initial estimates of around $4 million. The project includes exclusive amenities like private butler service and a rooftop pool, catering to an ultra-luxury market. Dell’s investment firm acquired the historic resort in 2019 for $875 million and has since invested heavily in renovations and upgrades.
Written locally by qwen2.5:14b on 2026-10-11,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
Story summary
Michael Dell, through his real estate investment firm BDT & MSD Partners, has seen significant success with luxury condominiums in Boca Raton, Florida. The project, known as The Boca Raton, has sold approximately 40% of the units since its launch a few months ago. This marks the first time the century-old resort property is offering residential spaces for sale. Prices for the 75 planned homes range from $8.95 million to over $20 million, with three-bedroom to five-bedroom layouts available.
Initially expected to start at around $4 million per unit according to earlier reports by Bloomberg, the actual prices have doubled or more. The project includes various types of units such as terrace apartments, penthouses, and private villas complete with personal gardens, plunge pools, and outdoor kitchens. Residents will benefit from extensive amenities including butler service, childcare, pet care, a rooftop pool, spa facilities, gym, and golf simulator.
The rapid sales are indicative of strong demand for high-end luxury real estate in the area despite the steep prices.
Written for “Dell Real Estate Success” on 2026-10-11,
grounded in this article and the 0 other(s) covering the same event.
Michael Dell’s investment in Boca Raton’s luxury real estate market is proving successful.
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investment → prove → market
Buyers have claimed roughly 40% of the condos planned at The Boca Raton in just a few months, a rep for the project told The Post.
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rep → claim → Post
The 75 homes, located at 501 E Camino Real, mark the first time the 100-year-old Florida resort has sold residences on its grounds.
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resort → locate → grounds
Prices run from $8.95 million to more than $20 million for three to five bedrooms.
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Prices → run → bedrooms
The cheapest unit now costs more than twice what was first floated.
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what → cost → ?
Bloomberg previously reported a starting price of $4 million, and a May sales announcement put the floor at $5 million with two-bedrooms in the mix.
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announcement → report → mix
The lineup includes terrace units, penthouses and three villas that come with their own gardens, plunge pools and outdoor kitchens, according to the resort.
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that → include → resort
Owners get butler service at home, with childcare and pet care on the menu.
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Owners → get → menu
Newly released photos obtained by The Post show renderings of the residences being built.
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photos → release → residences
The building’s private perks include a rooftop pool with cabanas, a spa with a hammam and thermal suites, a gym with a Pilates studio and a golf simulator.
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perks → include → studio
“Homeowners will enjoy a highly amenitized lifestyle serviced by the resort, which includes 45,000 square feet of private indoor and outdoor amenities and a one-of-a-kind Residential Club Membership that extends to owners’ parents and children,” Sabrina Gleizer, a partner at developer BDT & MSD Partners, said in a statement.
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Gleizer → enjoy → statement
She called the project “a truly unique offering.”
The membership may be the real prize.
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membership → call → project
The resort says it created a new top tier for condo owners that covers relatives from grandparents to grandchildren and stays attached to the home.
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that → say → home
Architect Addison Mizner opened the resort in 1926.
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Mizner → open → 1926
Today it has about 1,000 rooms spread across five hotels, plus a beach, golf course, marina, spa and tennis courts.
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it → have → hotels
It bills itself as the only Forbes quadruple five-star resort in the Americas.
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It → bill → Americas
Dell’s MSD Partners bought the property for $875 million in 2019 and later merged with Byron Trott’s BDT & Co.
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Partners → buy → BDT
The combined firm has put some $375 million into upgrades.
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firm → combine → upgrades
It also landed a $1 billion refinancing.
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It → land → refinancing
The overhaul repainted the famously pink main building beige and brought in the New York team behind Carbone to run restaurants.
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overhaul → repaint → restaurants
Rooms can now top $1,000 a night.
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Rooms → top → 1,000
The eight-story condo building won city council approval in March.
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building → win → March
Construction is set to start late this year and wrap in 2029.
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Construction → set → ?
Pembrooke & Ives designed the interiors with a nod to Mizner.
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Pembrooke → design → Mizner
Units will have terraces 12 feet deep, full-height glass, white oak, marble and kitchens fitted with Sub-Zero, Wolf and Cove appliances.
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Units → have → appliances
The neighbors are not hurting for cash.
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neighbors → hurt → cash
Just south is the gated Royal Palm Yacht & Country Club, where Travis Kelce rented a $20 million, six-bedroom mansion during the 2025 offseason for a reported $100,000 a month.
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Kelce → gate → 100,000
Taylor Swift, now his wife, was said to have joined him.
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Swift → say → him
A spec mansion in that community sold for $75 million in May, a Boca record.
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mansion → sell → May
Actor Kevin James paid $17.15 million for a house there earlier this year.
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James → pay → house
Douglas Elliman’s Senada Adžem is leading sales.
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Adžem → lead → sales
The developer says this will be the only time homes are sold on the property.
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homes → say → property
The Aporia
