Martin Toha has listed the two-bedroom, three-bath Unit #1805 at 3740 South Ocean Blvd. in Highland Beach for $1.395 million.

Toha paid $1.047 million for the property in August 2004.

Mr. Toha serves as the founder, owner and president of VoIP.com, an Internet-based phone service provider. He is also the founder and president of Rapid Portal Software, which creates and manages Internet publishing and e-commerce software.

There are 243 units at 3740 South Ocean Blvd., which is also known as Toscana. It was constructed in 2004.

Sales in the development dropped from 40 to 26 from 2006-2007. The median sales price also dropped 22.3 percent during that same time period, from $1.5 million to $1.165 million.

There have been 127 sales in Highland Beach so far in 2008. The median sales price is $450,000.

Address: 3740 S. Ocean Boulevard, Unit: APT 1805
Buyer(s): Martin Toha
Seller(s): Omega Group Of Highland Beach Limited Partnership
Sale date: Aug. 18, 2004