El-Ad's Alina Boca Raton Tops $88M in 2026 Condo Sales

El-Ad National Properties says its Alina Residences development in downtown Boca Raton has passed $90 million in sales this year, “following exceptional summer momentum,” according to a company release picked up by the Boca Raton Tribune. A direct pull of Palm Beach County Clerk deed records for the project tells a related but smaller story: $88.48 million in closed, recorded warranty deed sales across 19 units at the Alina 210 and Alina 220 towers since January 1, 2026.

Why it matters

For anyone pricing a competing luxury launch in downtown Boca Raton, Alina is a live read on what the top of the market will actually absorb. The project sits at 200, 210 and 220 SE Mizner Boulevard, near Mizner Park, and has kept closing units through its final phase even as South Florida’s broader condo market carries some of the heaviest resale inventory in the country. Nineteen closings in five months averaging $4.66 million each signal this corner of Boca is still clearing at full price, not a discounted one.

The numbers

The county’s own record shows 19 arm’s length warranty deed sales at Alina 210 and Alina 220 combined, recorded between January 7 and May 11, 2026, totaling $88,481,000. A separate 10 resales inside the older, sold-out Alina 200 tower added another $35.1 million in 2026 deed activity, but those are secondary-market trades between existing owners, not new developer sales, and are excluded here. The most recent recorded closing tied to 210 or 220 is dated May 11, more than two months before El-Ad’s August release, meaning the summer momentum the company cites has not yet surfaced in the public deed record, a gap consistent with a normal 30 to 90 day lag between a signed contract and a recorded closing. El-Ad’s own April release claimed only over $60 million for the season, a figure the county record for that window had already exceeded by more than $20 million, so the company’s reported totals have historically run behind the deed record, not ahead of it.

What’s next

El-Ad says Alina 200 and Alina 210 are both sold out, leaving Alina 220 as the only tower with developer inventory left to move. That makes the coming months a clean test of whether downtown Boca’s luxury pace holds once the easiest units are gone. It is playing out against a statewide backdrop where Florida holds several of the country’s most oversupplied condo markets and Palm Beach County’s overall months of supply has widened into buyer-friendly territory, conditions that have pressured older, non-waterfront condo stock even as Boca’s coastal core has so far held its price.