Key International and Wexford Real Estate Investors have announced plans for Mr. C Residences Boca Raton, a new branded condominium project at 41 Southeast 4th Street in Boca Raton. This will be the first branded condo development in the city in nearly ten years, following the incomplete Mandarin Oriental project that began sales in 2016.
The proposed development will rise 12 stories and feature 133 units, with two- and three-bedroom options starting at $1.7 million. The design team includes Arquitectonica as architects and interiors by London-based firm 1508 London.
Amenities planned for the building include spa facilities such as a hammam, infrared sauna, steam room, sound dome, fitness center, lap pool, hot and cold plunge pools, padel and pickleball courts. Additional features are a rooftop pool, social lounge, playroom, and golf simulator.
Dining amenities are part of the Cipriani brand experience. The condos will offer a Bellini Restaurant on site along with a rooftop bar, in-unit dining services, and event catering.
Douglas Elliman Development Marketing has been selected to lead sales efforts from their gallery at 36 Southeast 3rd Street.
Key International is based in Miami and led by Inigo and Diego Ardid. Wexford Real Estate Investors operates out of West Palm Beach under Joseph Jacobs and Philip Braunstein. The developers acquired the property for $15.7 million through three separate transactions completed last year.
Mr. C Residences adds to Boca Raton’s growing condominium market pipeline. Earlier this month saw BDT & MSD Partners—led by billionaire Michael Dell—propose a separate 60-unit condo at Boca Raton Resort & Club. Additionally, Terra and Frisbie Group have partnered on One Boca—a redevelopment plan for the city’s government campus that could add up to 182 condo units if approved by voters during a March referendum.
