A Private Jet or Full Floor? Condo Developers Seek Luxury Buyers

12/14/2017  |  Palm Beach Post | By: Alexandra Clough

Just in time for the holidays, how about a jet with that condo? Or perhaps some extra room to move around, like the entire floor of a building? 

“Put it on the Christmas list,” said Group P6’s Ignacio Diaz.

Two real estate developers are pulling out all the stops to lure high-end buyers to their Palm Beach County condominiums now under construction.

In Palm Beach, DDG is offering buyers a range of services, including concierge jet services, for buyers of its 3550 South Ocean.

About a quarter of the units at 3550 South Ocean are sold, and the building hasn’t even gone vertical yet. That work will start in January, although groundwork has been taking place for months, said Joseph A. McMillan, Jr., DDG’s Chairman and Chief Executive Officer.

The seven-story, 30-unit luxury condominium features units are priced from $1.875 million to $6 million. For that money, buyers get floor-to-ceiling windows; private beach access; a saltwater, oceanfront swimming pool; plus other perks, such as a sun terrace, a gym and a fitness studio facing east toward the water. 

The condominium will offer such concierge services as restaurant reservations and scheduling for personal trainers or dog walkers.

But there’s something extra special now available, too: private jet services on demand.

“As people mature, they become accustomed to certain services,” he said. “What we do is we try to make living in one of our properties as easy as possible so you can enjoy doing the things you want to do.”

Put another way, McMillan said, “Lifestyle living is, ‘What is important to you and how can we help you?’”

DDG is partnering with Star Jets International to provide the service, which came about after DDG asked residents of its other properties what extra services they would like. The service was tested in a pilot program a year ago and now is being offered in DDG’s properties in New York, San Francisco and now, Palm Beach.

It’s a private jet, not a shared jet service, so the cost depends on the destination. Costs also depend on the size of the jet and how many passengers are flying, McMillan said. However, whatever the flight, the 3550 South Ocean condominium concierge will be able to set it up for condo owners.

Legal Disclaimer

THE COMPLETE OFFERING TERMS ARE IN A CPS-12 APPLICATION AVAILABLE FROM THE OFFEROR. FILE NO. CP17-0062.

ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, MAKE REFERENCE TO THIS BROCHURE AND TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE.

This offering is made only by the prospectus for the condominium and no statement should be relied upon if not made in the prospectus. This is not an offer to sell, or solicitation of offers to buy, the condominium units in states where such offer or solicitation cannot be made. Obtain the property report required by federal law and read it before signing anything. No federal agency has judged the merits or value, if any, of this property. Improvements, landscaping and amenities depicted may not exist. All drawings are conceptual renderings and the Developer expressly reserves the right to make modifications. Actual views may vary and cannot be guaranteed. Views shown cannot be relied upon as the actual view from any particular unit within the condominium. All dimensions are approximate and all floor plans and development plans are subject to change. The developer does not represent or warrant that the actual dimensions and square footage of the units will be as shown on the floor plans and other promotional materials. Photographs may be stock photography used to depict suggested lifestyles rather than any that may exist.