September 10, 2026
Ask ten people what ALINA Residences costs and you will get ten different numbers, and none of them will be lying. The address on Southeast Mizner Boulevard covers three separate nine-story buildings built years apart, each with its own unit count, its own amenity floor, and its own pricing logic. Buyers who treat ALINA as a single line item are missing the part of the story that actually matters right now: the developer's fixed-price selling window at this address is closing, and what replaces it is a market nobody controls.
That distinction is not academic. As of mid-August 2026, El-Ad National Properties reported that only 10 developer-owned residences remained at ALINA 220, the community's final building. Once those sell, every future ALINA transaction becomes a private resale, priced by an individual owner rather than a pro forma. For a buyer weighing this address against others in downtown Boca, that shift changes what "buying at ALINA" even means.
ALINA's 303 total residences are not interchangeable inventory spread across three lobbies. They are three distinct products that happened to be built on the same nine-acre parcel between the fairways of the Boca Raton Resort & Club and Mizner Boulevard.
ALINA 200 came first: 121 residences completed in March 2021, sold out and occupied for years now. Anyone buying into this building today is buying a resale from an existing owner, full stop. There is no developer pricing left to reference.
ALINA 210 is the boutique outlier. Just 30 residences share their own private 16,000-square-foot amenity floor on top of everything else on campus, which is the kind of scarcity that shows up in price per square foot. It received its final certificate of occupancy in 2024, with closings underway by January 10, 2025.
ALINA 220, the largest of the three at roughly 152 residences, holds the campus's signature rooftop pool deck and the widest range of floor plans. It received its temporary certificate of occupancy on January 9, 2025, and closings began immediately after. It is also where the developer's remaining inventory now sits, thinning fast.
Three buildings, three delivery dates, three amenity packages, three pricing environments. A listing that simply says "ALINA" without specifying the tower is telling you less than it should.
Sales pace at ALINA has been accelerating as inventory shrinks. The community reported more than $60 million in sales during the winter-spring 2026 selling season, then crossed $90 million for the year by mid-August, with over $30 million of that closing in roughly 60 days over the summer. That is not a market cooling into its final units. It is a market pricing scarcity in real time.
Jay Phillip Parker, CEO of Brokerage for Douglas Elliman Florida Region and president of Douglas Elliman Development Marketing, put it plainly when the spring numbers came in:
"Buyers are responding to quality, location and a turnkey offering, and that demand is continuing with the very limited remaining residences at ALINA 220."
Read that quote again with the inventory count in mind. It describes a moment that has an expiration date. Once the last 10 developer units sell, "quality, location and turnkey" no longer comes with a published price list. It comes with whatever the next seller decides to ask, and whatever the next buyer is willing to pay in a resale negotiation with no developer floor beneath it.
The demand isn't only coming from out-of-state relocators chasing a new build. Douglas Elliman's own reporting names a buyer segment that matters directly to anyone weighing this against a legacy Boca estate neighborhood: existing Palm Beach County residents moving out of large single-family homes in established communities such as Royal Palm Yacht and Country Club, trading acreage and lawn maintenance for lock-and-leave condominium living without giving up scale or finish quality.
Candace Jorritsma, vice president of sales and marketing for El-Ad National Properties, described the pull this way: buyers want new, move-in-ready construction that requires no updates, and they are drawn to ALINA's larger floor plans and the wellness-oriented, campus-style setting. That is a specific migration pattern, not generic downsizing language, and it tells you something about who is competing for the remaining units. It is not only first-time downtown buyers. It is estate owners who have already done the math on what a paid-off waterfront property costs to maintain against a condo assessment with hospitality staff built in.
Buying from a developer and buying from a private owner are structurally different transactions, and the deposit schedule is where that difference shows up first. ALINA's second phase has used a two-step deposit structure: 40 percent due at contract, 60 percent due at closing. That is a simple, front-loaded commitment that suits a buyer confident in a building that is already finished and occupied.
Compare that to Glass House, a boutique 28-unit project under construction a few blocks away at 280 East Palmetto Park Road, which has described a staged deposit of 25 percent at contract, 10 percent due in summer 2026, and the balance at closing. Staged deposits work for buyers underwriting a delivery date that hasn't arrived yet. ALINA's structure works because there is nothing left to underwrite. The building exists. You can walk it before you sign anything.
That distinction disappears the moment ALINA moves fully to resale. A resale contract carries none of a developer's standardized deposit schedule. Terms become whatever the seller and buyer negotiate, which means a buyer entering after those last 10 units close should expect more variability in contract terms, not less.
For a buyer shopping ALINA today, or in the months after the developer's remaining units are gone, a few questions do more work than a listing sheet:
Alongside the pricing story sits a separate signal. ALINA was recently recognized among the inaugural group of residential communities to receive the Forbes Travel Guide VERIFIED Luxury Residences designation, a hospitality-service evaluation conducted with FirstService Residential and ATELIER CX. That is a service-quality marker, not a price marker, but it is the kind of detail that separates a listing description from a lived understanding of the building.
Is ALINA still selling directly from the developer? As of mid-August 2026, yes, but barely. Only 10 developer-owned residences remained at ALINA 220, the final of the three buildings. ALINA 200 and 210 have been sold out for some time.
Do all three ALINA buildings cost the same per square foot? No. Each building has a different unit count, delivery date, and amenity package, and pricing has reflected that. ALINA 210's larger, boutique-tier homes have historically started around $4 million, while the broader community has spanned roughly $2 million to more than $10 million depending on building, floor, and view.
What happens to ALINA 200 owners looking to sell now? They are already operating in a pure resale market, since that building sold out and became fully occupied years ago. Their pricing reference point is recent comparable resales within the community, not a developer price list, which is exactly the environment the rest of ALINA is about to enter.
If you are weighing a move from a Boca Raton estate community into a downtown address like ALINA, or you are trying to figure out what a specific tower and floor plan is actually worth before the developer's last units disappear, the Aaron Buchbinder Group can walk you through the building-by-building differences and what they mean for your timeline. Request a private consultation with the team.
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