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Sales to Open Soon for Phase II of the Peninsula

MIAMI-Also, the first phase of the condominium complex is expected to sell out before the end of the year. Both phases consist of a 30-story, 223-residence, $110-million tower with units pre-sale priced between $600,000 and $2.9 million.

By Melissa Bogdany | Updated on November 05, 2002

MIAMI-Boca Developers of Deerfield Beach, FL, plans to have sales open for the Peninsula Phase II, a 30-story, 223-residence condominium tower, by the end of the year, a spokeswoman tells GlobeSt.com. In addition, International Sales Group, the exclusive listing broker for Phase I, expects to sell out that phase before the end of the year. The approximate cost for each tower is $110 million. Residences range from 3,150 sf to 6,900 sf and are pre-sale priced between $600,000 and $2.9 million.

The first phase of The Peninsula, which recently topped off at 3251 NE 183rd St. in Aventura, boasts 30 stories and 223 condo residences. It broke ground nine months ago and is scheduled for delivery next May, a few months ahead of schedule. This phase is more than 70% sold. No ground-breaking or completion dates have been set for the second phase.

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