MSD Partners, the investment firm affiliated with billionaire Michael Dell, has received city approval to construct an 8-story, 76-unit luxury condominium tower inside the grounds of The Boca Raton — the 140-acre resort property on East Camino Real that traces its origins to Addison Mizner's 1926 Cloister Inn and remains the city's anchor luxury hospitality address.
The project will bring two- to five-bedroom full-ownership residences to a campus that has historically operated as a hotel-only destination. Per the resort's announcement, the building will include a rooftop pool deck, spa garden, golf terrace, and a dedicated private residents' club. Unit owners will also receive access to The Boca Raton's broader resort amenity stack — the beach, golf, spa, and dining operations that anchor the larger property.
MSD Partners acquired The Boca Raton — then operating as the Boca Raton Resort & Club — and oversaw a significant property-wide renovation that included a rebrand to the current name. The 140-acre footprint is large enough to absorb a new residential tower without displacing existing hotel or amenity infrastructure, a logistical position that most South Florida resort properties cannot hold.
The 76 units across 8 stories represent a deliberately contained residential count for a resort of this scale. A project this size — averaging roughly nine units per floor — is structured for high per-unit value rather than sales volume, and the five-bedroom ceiling on unit configurations reinforces that orientation. Pricing has not been disclosed.
