The Ritz-Carlton Residences in West Palm Beach just pre-sold a penthouse condominium for $14.5 million, or $3,000 per square foot, setting a new record for this emerging luxury condo market along North Flagler Drive.
The 27-story Ritz-Carlton tower, being built at 1717 N. Flagler Drive, features 137 units facing Flagler Drive, the Intracoastal Waterway and Palm Beach.
With this sale, the Ritz-Carlton Residences has logged more than $254 million in signed contracts during the past six months…