Key International and Wexford’s Mr. C Residences Boca Raton Hits 50% Sold at $2.2M Starting Prices

• 50% sold: Mr. C Residences Boca Raton has sold half of its 133 planned luxury condominiums just months after contracts began.
• $2.2 million starting price: The 12-story branded residence targets affluent buyers seeking high-end downtown living and hospitality-style services.
• Luxury development team: Key International and Wexford Real Estate Investors are developing the project with the Cipriani family’s Mr. C brand.
• Project location: Downtown Boca Raton, Florida, near Mizner Park, Royal Palm Place, and the city’s beaches.

What Is Driving Sales at Mr. C Residences Boca Raton?

Key International and Wexford Real Estate Investors have reached a major sales milestone at Mr. C Residences Boca Raton, with 50% of the 133 planned residences sold. The 12-story condominium development is designed by Arquitectonica and brings the Mr. C hospitality brand into downtown Boca Raton’s luxury residential market. Philip Braunstein, managing principal of Wexford Real Estate Investors, said the sales performance validates the project's positioning:

“We believed there was appetite for a more boutique, hospitality-led residential experience in Downtown Boca Raton, and this response confirms our conviction.”

The project targets buyers seeking more than a traditional condominium, combining private residences with dining, wellness amenities, and hospitality-inspired services. According to the development team, buyers are coming from South Florida and other states, including New York and Connecticut.

Who Is Behind the Development?

The project is led by Key International and Wexford Real Estate Investors, with fourth-generation Cipriani family members Ignazio and Maggio Cipriani behind the Mr. C residential brand. Douglas Elliman Development Marketing is handling exclusive sales and marketing. Inigo Ardid, co-president of Key International, pointed to changing buyer expectations as a driver of demand:

“These buyers are working, traveling, dining out and staying active, and they want a home that supports that lifestyle.”

For developers and investors, branded residences offer a way to differentiate condominium projects through design, service, and a recognizable hospitality identity. The model can support premium positioning, although performance still depends on buyer demand, delivery execution, and the cost of maintaining amenities and services.

What Amenities and Residences Will Buyers Get?

Pricing currently starts at $2.2 million, with two- and three-bedroom residences available, alongside fourth-floor garden homes with substantial outdoor space. Interiors by 1508 London will feature open kitchens, floor-to-ceiling windows, and spacious balconies. Planned amenities include a private rooftop Mr. C Bar and Lounge, a spa with a hammam, a panoramic pool, cabanas, outdoor dining, an open-air cinema, a golf simulator, and a children's playroom. At street level, Bellini Restaurant will provide a signature dining destination. The combination of private residential space and hospitality-style amenities is intended to appeal to buyers who value convenience, social experiences, and wellness facilities close to home.

What Does the Sales Milestone Signal for Boca Raton?

Mr. C Residences is entering a luxury market attracting new residential investment. Jay Phillip Parker, president of Douglas Elliman Development Marketing in Florida, described Boca Raton’s evolving buyer profile:

“These buyers recognize the value of Boca Raton as a true urban retreat, where they can enjoy the energy and convenience they are accustomed to in a major city.”

The downtown location offers access to Mizner Park, Royal Palm Place, beaches, restaurants, and Brightline rail service. Those features help position the development for buyers seeking a walkable lifestyle with coastal access. For investors, reaching 50% sold is an encouraging early indicator, but it does not establish the pace of future sales or guarantee profitability. The next milestone will be whether demand continues as construction progresses and the remaining inventory reaches buyers. Mr. C Residences highlights the appeal of combining a recognized hospitality brand with luxury condominium living. If sales momentum continues, the project could reinforce the role of branded residences in Boca Raton’s high-end housing market.