SOURCE: Worthing Place

October 12, 2006 14:17 ET

Downtown Delray Condo Project Reports Steady Sales

Priced in 'Sweet Spot' of the Market Starting at $350,000

DELRAY BEACH, FL -- (MARKET WIRE) -- October 12, 2006 -- Worthing Place, downtown Delray Beach's premier luxury condominium residence, announced today that reservation sales have been steady since its pre-construction sales and marketing launch in July.

The upscale courtyard-style community developed by Southcoast Partners sits on three acres featuring 217 one, two and three bedroom residences ranging from $350,000 to $800,000 during its pre-construction phase. Targeting primary and second homebuyers including the baby boomer market who are looking for an urban meets tropical life, Worthing Place offers a unique location and lifestyle. With its idyllic location on historic Atlantic Avenue, the project is just steps away from shopping, dining, nightlife, art galleries, coffee shops, sporting, boating and the beach.

According to a recent article in USA Today, real estate experts reported the sweet spot of the condo market is between $250,000 to $700,000 because that is what the majority of the population can afford.

"Besides an incredible location and built-in lifestyle, Worthing Place's pre-construction pricing and buyer incentives are what differentiates us from other condo projects that may be unrealistic for today's buyer and market," said Southcoast Partners president Bill Morris who is renown for urban redevelopment projects including Boca Raton's Palmetto Place and Sarasota's 1350 Main (www.1350main.com). "Today's market is more competitive than ever and differentiating factors are key. Our location, amenities and lifestyle are second to none of any luxury condominium project in South Florida and makes it the best value."

Location in the limelight

Once a sleepy beach town, Delray Beach is now full of life, receiving national attention with recent feature articles in USA Today talking about how Delray Beach is "... getting hipper by the year," and describing it as "historic Florida with small town hospitality -- but modern."

Built in restaurant, shops, concierge, room service and more

With a restaurant and local retail shops on the ground floor, Worthing Place marks the newest residential and retail development in downtown Delray Beach. Besides luxury services such as 24-hour security, concierge and valet, Worthing Place residents will enjoy resort living services including room service, cleaning, laundry, towel service, private chefs, massage, dry cleaning and dog walking.

Urban meets tropical amenities

An urban oasis of tranquil water and orchid gardens, sitting pools, fountains and lounge areas, members only parlor, lounge and bar area, Worthing Place makes work and play an easy balance for residents by offering a mix of social, relaxation, business and fitness centers.

Discerning buyers will appreciate the attention to detail and extra touches including high finished ceilings, large romantic balconies, and European influenced kitchens and baths, featuring stylistic touches such as Carrera marble counter tops, finished floors and upgraded fixtures, appliances and cabinetry.

About Delray Beach

Known as "the Village by the Sea" and voted America's Best City, Delray Beach offers two miles of public beach, an array of recreational activities, destination shopping, a mecca of dining and nightlife as well as cultural attractions.

"Worthing Place is the perfect place to call home if looking for a taste of city life in a quaint beach community," said Morris.

For more information on Worthing Place contact Worthing Place Realty, please contact (877) 330-3273 or visit http://www.worthingplacefl.com?ovchn=OTHER&ovcpn=Press+Release&ovcrn=October&ovtac=CMP

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