The Building on the Sand
One Thousand Ocean opened in 2010 at 1000 South Ocean Boulevard, on the strip of land between the Boca Inlet and the open Atlantic. Garcia Stromberg designed it for LXR Luxury Resorts, seven stories on a coastline of much taller towers. The 52 homes split three ways: beach villas at ground level, tower residences on the middle floors, and penthouses at the top. Every residence includes a private enclosed garage, which is uncommon among oceanfront condominiums, and owners may add a Waldorf Astoria resort membership that the resort prices separately.
Our ranking of Boca's beachfront towers measured the whole corridor, and this building came out as the established leader on price per square foot. In that ranking, dated May 2026, only the new construction at 725 South Ocean stood higher. The building page for 1000 Ocean carries the live tier table, current listings and the full specification sheet, and our condo index holds the rest of the coast.
What the Residences Have Sold For
The regional MLS records 23 closings of $3M and up at the building from January 2021 through June 2026. The median across the window is $6.25M at $1,691 per square foot. The year-by-year figures matter more than the totals.
Seven residences closed in 2021 at a median of $1,236 per square foot. Then the building went quiet, with no closing recorded at this level in 2022. Sales resumed in 2023, and each full year since has closed above the one before it: $1,742 in 2023, $2,007 in 2024 and $2,152 across three 2025 closings. Four closings recorded in the first half of 2026. One of them, a sixth floor residence, recorded $2,158 per square foot and went under contract within three weeks. Nothing has recorded a higher per foot figure at the building since 2023. The 2026 column is a half year wherever it appears on this page.
Five residences in the window sold twice, which is a lot of repeat evidence for a building where annual turnover typically runs in single digits. The pairs show what appreciation actually looked like, home by home. A ground floor two bedroom closed at $3.65M in late 2021 and again at $6.2M in mid 2024. A fourth floor residence closed in 2021 and returned 38 percent higher two years later. The thinnest result sits at the entry, where a third floor two bedroom closed in 2023 and resold two years later at nearly the same price.
Source: BeachesMLS closed sales at 1000 S Ocean Boulevard, January 2021 through June 2026. Living areas are as the feed records them.
What Each Level Costs
The floor a residence sits on matters less than its size, until you reach the top of the building. Ground level villas and the middle floors overlap almost completely, from the low three millions to the mid nine millions, because living area varies more than height. The top two floors are a separate market. Nothing on floors six and seven has recorded below $10.6M in this window.
The chart below spans each band's recorded lows and highs. The lows are mostly 2021 closings and the highs are recent, so much of each band's spread is five years of repricing rather than the floor plan.
- Ground level villas closed between $3.58M and $9.7M
- Ground level median $5.75M, on five closings
- Floors two to five closed between $3.3M and $9.5M
- Middle-floor median $5.94M, on fourteen closings
- Floors six and seven closed between $10.6M and $13.04M
Source: BeachesMLS closed sales at the building, $3M and up. Medians print at the open circles, on five and fourteen closings. The four top-floor sales are too few for a median.
The Double Residence That Set the Record
One home explains the top of this market better than any table. Units 603 and 604 appear on the MLS as a single combined residence of about 7,500 square feet, and the combination has sold twice. It carried a final asking price of $13.5M and closed at $12.1M in June 2021, after 212 days on market. The owners returned it to the market two years later with a final asking price of $14.65M, and it closed at $13.04M in November 2023 after 96 days.
For a buyer weighing the penthouses, the pair of closings does two useful things. It shows what the top of the building has actually sold for, and it shows that even the record closed about a tenth below its asking figure. Asking and recorded are different numbers everywhere in this building, and the gap is measurable.
- An open circle is a final asking price
- A filled square is a recorded closing
Source: BeachesMLS listing history for the combined residence at the building. Asking figures are each campaign's final asking price.
What the Documents Will Tell You
The rules that shape daily life here are already on the record, and two of them matter before you fall any further. Rentals run long term only: a one year minimum lease, one lease per calendar year, and leasing is permitted in an owner's first year. Pets are capped at 20 pounds, which in practice means small breeds. A buyer with a larger dog should settle that question with the association before writing anything.
The money questions have no public answers, and that is normal for a Florida condominium. No public feed carries the building's fee schedule, reserve balances or assessment history. Those numbers reach a buyer through the documents a purchase entitles you to request. Since the Surfside collapse, Florida has required milestone inspections and structural reserve studies for older condominium buildings. Our study of the Plaza of the Palm Beaches shows how heavily those costs now move prices in the buildings that carry them. One Thousand Ocean opened in 2010, decades younger than most of the corridor, and its own studies say where it actually stands.
Read the paperwork in the order drawn below. The declaration and rules govern what an owner may do. What the building costs and has saved shows up in the budget, the reserve study and the structural integrity reserve study (SIRS). History lives with the minutes and the association's question and answer sheet: past assessments, current projects and whatever the board is planning next. Underfunded reserves are the leading predictor of a future special assessment, so the middle set deserves the most time.
Insurance sits beside the fee rather than inside it. Master policy premiums for oceanfront buildings across Palm Beach County have increased materially since 2022, and that cost flows through the association's budget into the monthly figure. Your own unit coverage adds to the carrying cost on top. Both figures come out of the documents, not the listing.
- The declaration and rules set leases, pets and renovation approvals
- The budget and the two reserve studies show fees, funding and inspection standing
- The minutes and answer sheet hold assessment history and coming projects
Document sets as Florida condominium associations keep them. The diligence framing follows our building page for 1000 Ocean.
Rules restate our building page for 1000 Ocean and are confirmed with the association during a purchase. The financial rows are association records a buyer requests.
Questions Worth Asking Before You Offer
Some answers never appear in documents, and a conversation with the association's manager fills the gap. Ask what approval involves and how long it usually takes, because that timeline shapes your closing date. Ask whether any assessment is pending or under discussion, since a levy can be approved after the documents in your set were issued.
If you plan work, ask for the renovation guidelines early. They typically cover contractor insurance, working hours, elevator reservations and board approval timelines, and they decide whether a residence priced below a finished comparable is a bargain or a project. Ask about upcoming availability too. Turnover this thin means the residence you want may not be listed anywhere, and patience is part of the purchase.
How Buying at One Thousand Ocean Actually Runs
The sequence for a represented buyer is short, and most of it is about order. Settle the comparables first, from the recorded closings above and the live table on our building page, so you price the offer from recorded sales rather than from the listing. Our Boca Raton market page carries the wider picture beyond this one address.
Then cover the quiet side of the market before committing to what is listed. As Compass agents we can show Private Exclusives, homes offered inside the network before anything is published, and we track off market interest at the building. In a 52 home building, one open listing can look like the whole market when it is not.
Write the document request into the offer, and give your attorney the review time the contract sets before your deposit is at risk. Decide how you will take title before closing, a question our deed structures guide covers in full. We work these purchases as a transaction broker, the standard form of representation in Florida, and we stay on the buyer's side of the process through diligence and closing. Our buyer services page shows how that work runs.
One more comparison is worth making before you commit. The resort campus next door is adding new construction of its own. Our piece on buying at The Residences at The Boca Raton covers the developer side of the same address. A finished building with sixteen years of operating history and a tower still on paper are different purchases, and reading both makes either decision better.
Bottom Line
The building makes its first impression by itself, and the sales record supports it. Homes here have repriced meaningfully since 2021, the residences that sold twice confirmed the direction, and the top floors run on their own scale. What the record cannot answer sits in the association's paperwork, and every one of those questions can be settled before you sign.
For a buyer who has already fallen for the building: Let the documents catch up to the visit. Request the budget, the reserve studies and the assessment history with your offer, and give your attorney time to read them while you can still walk away.
Sales figures come from closed sales recorded on BeachesMLS at 1000 S Ocean Boulevard in Boca Raton, at $3M and above, from January 2021 through July 2026. The feed types the ground level homes as villa product, and they count as part of the building here. The building's most recent closing in that feed recorded on June 30, 2026, so 2026 is a partial year wherever it appears. Rows are deduplicated on address, closing date and price. Medians are recorded closing prices, and price per square foot divides each closing by the living area the feed records for it. One residence's living area is recorded differently across its own two sales, and its per foot figures follow the feed. Bands built on fewer than five sales are directional. Days on market runs on the BeachesMLS clock. The feed's floor is $3M, so any closing under that figure sits outside every count here.
Building facts, the lease and pet rules, and the diligence framing restate our 1000 Ocean building page, and the corridor context restates our ranking of Boca's beachfront towers. Association finances, reserve levels and assessment history are not public records, and this piece publishes no figure for them. Florida's inspection and reserve study requirements are stated at a general level, and the association's own documents govern in every case.
This is market data and public record analysis, not investment advice.
BeachesMLS, closed condominium and villa sales at 1000 S Ocean Boulevard, Boca Raton, January 2021 through July 2026.
Palm Beach Luxury: the 1000 Ocean building page, the Boca beachfront towers ranking, and the Plaza of the Palm Beaches building study.
Florida structural safety legislation on milestone inspections and reserve studies, stated at a general level.
