13th Floor Homes Delivers Solera at Avalon Trails Active-Adult Community in Delray Beach

As demand for premium rental housing among the active-adult community grows in South Florida, 13th Floor Homes, the homebuilding division of 13th Floor Investments, has completed its newest build-for-rent community in Delray Beach, Florida. Now welcoming residents and already more than 50% leased, Solera at Avalon Trails includes 74 single-story villas located at 14800 Cumberland Drive in the West Delray Beach area of Palm Beach County.

Located within the Avalon Trails active-adult community, Solera at Avalon Trails offers an unparalleled lifestyle for adults aged 55+ seeking luxury rental housing in an amenity-focused, gated community. Homes include two- and three-bedroom floorplans measuring between 1,300 to 1,450 square feet in size, with high-end contemporary features and finishes like quartz countertops, shaker-style wood cabinetry, energy efficient stainless-steel appliances, spacious primary suites, and impact-resistant windows and doors. Monthly rental rates range from $3,400 to $4,000.

“The completion of Solera at Avalon Trails is a significant step in meeting the growing demand for high-quality 55-plus housing in South Florida,” said Mike Nunziata, Division President of 13th Floor Homes. “Today’s active adults are living longer and seeking maintenance-free, resort-style living, and Solera delivers just that. With luxurious homes and a wide range of amenities, this community offers active adults a vibrant, carefree lifestyle. We're excited to provide a solution that aligns with the needs of the region’s expanding active-adult population.”

Solera at Avalon Trails offers an extensive amenity program designed for active adults to live a more sociable and engaging lifestyle. Residents can enjoy the community’s state-of-the art amenity campus inclusive of a clubhouse with a fitness center, card rooms, café, arts and crafts room, and theater. The amenity campus includes a a resort-style pool, lap pool, pickleball and tennis courts. The community’s activities coordinator curates a weekly schedule full of activites for all interests.

The opening of Solera at Avalon Trails comes at a time when demand for active-adult rental housing is on the rise in South Florida. Delray Beach, known for its appealing coastal lifestyle, was recently named one of the top 10 places to retire in Florida by Southern Living.

Located in South Florida’s Palm Beach County, Solera at Avalon Trail’s prime location is a distinguishing feature that sets the neighborhood apart from the other 55+ communities and speaks to 13th Floor’s keen understanding of the active-adult market. Located moments away from Downtown Delray Beach and the South Florida coastline, the community is proximate to a variety of nearby arts, culture, and entertainment destinations, and is conveniently situated between Fort Lauderdale and West Palm Beach.

Solera at Avalon Trails is among 13th Floor Homes' newest communities in South Florida. With over 1,100 homes and 3,500 homesites developed across the region in the last decade, the firm’s portfolio of active developments includes two build-for-rent communities in Port Saint Lucie – the 220-unit Villas of Torino and the 126-unit Tredici at Central Park; and Marina Landings, 34 luxury single-family homes for sale in Fort Lauderdale. The firm also has plans to develop The Reserve at the Woodlands, a 335-home community in Tamarac.

For more information about leasing at Solera at Avalon Trails please fill out the form below:

BH Group and Lennar Break Ground on 'Greenview at Presidential' Single Family Home Community Near Aventura

BH Group and Lennar, one of the nations largest home builders, have broken ground and started construction on Greenview at Presidential, a luxury 103-single-family home community near Aventura, nearly 17 years after litigation with neighboring homeowners stalled the project.

The Welcome Home Center is officially open for Greenview at Presidential, Aventura’s newest residential community, located at 19200 NE 14th Court, in Aventura. Greenview at Presidential offers an unparalleled living experience for all new homebuyers seeking an excellent location, prestigious amenities and spacious, luxurious estate homes. The joint venture’s Greenview at Presidential will offer six options featuring four-, five- and six-bedroom houses priced between $2.5 million to $3.5 million.

“We are very excited to announce that construction is officially underway, with the first homes on track for completion this September,” says Phil Serrate, Division President for Lennar's Southeast Florida Division. “This marks a significant step forward in bringing this vibrant new community to life.”

Residents will soon be able to soak up the Florida sun at their new lakeside resort-style community pool, gather with friends for a celebration in the stylishly appointed Clubhouse, let the kids play with new friends at the lively playground, stay in shape at the state-of-the-art fitness center, and immerse themselves in the serene beauty of nature along picturesque walking paths and tranquil lake vistas.

“We are thrilled to see this exceptional project break ground after 20 years of anticipation,” says Isaac Toledano, CEO of BH Group. “This milestone marks the beginning of an exciting new chapter for the Aventura community as our teams bring a long-awaited vision to life.”

Future residents can choose from two impeccably designed home collections with four, five and six-bedroom models, including options with Lennar’s innovative Next Gen® concept. These home designs feature a Home Within a Home® with its own private entrance, kitchenette, living area, bedroom and bathroom, for seamless multigenerational living or hosting guests in style. Plus, each of the 103 two-story homes in this gated enclave will include a private swimming pool with spa—the ultimate Florida lifestyle amenity, at no additional cost.

Nestled on the edge of a former golf course, this prestigious development offers unparalleled tranquility, with miles of meandering walking paths and extensive green space for the private enjoyment of residents and their guests. In addition to Greenview’s upscale onsite offerings, residents have easy access to world-class shopping, dining, and entertainment throughout Aventura and the greater South Florida region.

The estate homes of Greenview at Presidential start in the $2.5Ms, with extensive options for personalizing each residence.

Renderings via Corwil Architects

For more information about Greenview at Presidential or to inquire about purchasing a unit please fill out the form below:

Pulso Capital Acquires Stellar At Palm Aire Build-For-Rent Townhome Community For $21.5 Million

Pulso Capital has acquired Stellar at Palm Aire, a new build-for-rent community consisting of 39 townhomes located in the center of the Palm Aire Country Club in Pompano Beach, Fl., for $21.5 million, or $551,282 per unit. The sale and financing were overseen by Berkadia. Senior Managing Directors Roberto Pesant and Jaret Turkell, along with Director Yoav Yuhjtman, Associate Director Omar Morales and Senior Analyst Jose Mota of Berkadia Miami, marketed the property on behalf of Stellar Communities.

Senior Managing Director Mitch Sinberg, along with Managing Directors Matt Robbins, Scott Wadler and Brad Williamson, and Senior Analyst Michael Basinski of Berkadia Miami arranged the debt on behalf of the buyer. Steeprock provided the $14 million, fixed-rate, five-year loan at a 65% LTV, with full term interest only.

“In a region where for-sale housing has seen prices increase by up to 50% in some cases, Stellar at Palm Aire provides residents with a spacious, new-construction high-end property with private outdoor areas and luxurious finishes at a rent that is attainable,” said Pesant.

“We have a strong belief in the dynamics of the South Florida Market and are actively looking for the right opportunities for our group,” said Maor Benami, co-founder of Pulso Capital Group. “This unique, Class A Built-for-Rent product, coupled with our management capabilities, makes Stellar at Palm Aire a perfect fit for us as we continue to grow our portfolio.”

Effective rent in South Florida rose 25.2% year over year, according to Berkadia Research – driven by an influx of new residents and corporate migrations over the last 12 months.

Located halfway between Fort Lauderdale and Boca Raton in a suburban setting west of I-95, Stellar at Palm Aire is the first new construction in the Palm Aire Golf Course community in over 10 years. There are two-bedroom (1,475 square feet), three-bedroom (1,744) and four-bedroom floor plans (1,825 to 1,961) with rents ranging from $3550 a month to $4,350. Townhomes have attached garages. Its location in a peaceful community, surrounded by greenery, golf course views, walking, running & biking trails allows residents to enjoy the calm of suburban living while in close proximity to two of Florida’s main employment hubs. It is just 10 minutes from I-95, five minutes from the Florida Turnpike, and 15-20 minutes from both Downtown Fort Lauderdale and downtown Boca Raton.

Established in 2009, Stellar Communities is a full- service real estate development company with a progressive focus on eco-construction initiatives for residential communities. Since its inception, Stellar has helped over 2,500 families move into the next stage of their lives with a new home. With a deep-rooted commitment to quality and value, Stellar Communities builds inspiring homes and communities with unmatched efficiencies in some of the most highly sought-after coastal, urban, and suburban locations across South Florida.

Established in 2019, Pulso Capital Group, founded by Maor Benami and Salomon Kamkhaji, aims to improve lives while unleashing the total value of assets through conservative underwriting, appropriate financing arrangements, on-time constructions, and diligent property and asset management. The firm is actively focused on increasing its portfolio with value-add to Class A Built-for-Rent multifamily properties.

AKAI Estates Sells Record Breaking Home For $15 Million In Southwest Ranches

The luxury housing market in South Florida continues to surge as a top executive migrating from Chicago has purchased a home in AKAI Estates in Southwest Ranches for a record $15 million. The home is set to break ground in late October and was conceptually designed by internationally acclaimed Vasco Vieira, in partnership with local architect of record Jiro Yates. Previously, the highest sold property in Southwest Ranches was for $11.5 million at 15990 Griffin Road.

With the nation experiencing a major housing shortage, South Florida remains the hottest market in real estate, in part due to the opportunity it presents to obtain a premium property with land, such as the one at AKAI Estates. This sale solidifies the type of quality estate buyers are looking for in this current market which is why South Florida will continue to see these sales throughout neighborhoods like Southwest Ranches, which continue to attract noteworthy individuals migrating to South Florida for the better climate, tax incentives, and more.

“We are thrilled to continue to see the out-of-state, and local, buyer interest in AKAI Estates,” said Alex Yokana, Developer of AKAI Estates. “South Florida and specifically Southwest Ranches have been top of mind for many high net worth individuals and families when considering where to base themselves and this property sets itself apart from the limited inventory available.”

The model selected by the buyer will feature six bedrooms and eight and a half bathrooms within three floors of open space. The 15,983 square foot estate beautifully merges indoor and outdoor living spaces. For entertainment, the pre-construction estate will include a 4,491 square foot swimming pool with a customized two bedroom guest house, a spa and full size basketball court. The estate’s upscale kitchen boasts appliances by Miele.

AKAI Estates will feature 16 estates and is being developed by Alex Yokana, Jairo Vela, and Amos and Michael Sochaczevski. Bento Queiroz Team under Compass is the exclusive sales team for the development. The Alex and Joe Team from compass represented the buyer.

“When looking for a new estate, AKAI Estates was the perfect location that provided my family and I with the seclusion and level of luxury we were looking for," said the AKAI Estates buyer. "We initially thought Miami Beach would be our choice, but Southwest Ranches and AKAI Estates delivered on everything we were seeking, including allowing me to work directly with design consultants and world-renowned architects to bring my architecturally impactful property to life."

Southwest Ranches is popular with celebrities, athletes and business executives because it offers convenient access to Miami and Fort Lauderdale with plenty of privacy and rarity which is exactly what AKAI Estates, the luxury single-family community in Southwest Ranches, is offering. As part of a prestigious suburban landscape, the 44-acre community offers five distinct spectacular models, each delivered on two acres of private property which makes AKAI Estates even more unique.

Palm Beach Gardens Single Family Home Development 'La Terre at Avenir' Now 50% Sold-Out

La Terre at Avenir, a gated community of 92 luxury, single-family homes in Palm Beach Gardens, is now 50% sold-out. La Terre at Avenir is being developed by K. Hovnanian Homes at 12300 Waterstone Circle, Palm Beach Gardens, FL. La Terre at Avenir offers single-story and two-story new construction homes with spacious floor plans and elegant interiors including Restoration Hardware vanities, freestanding tubs, under cabinet lighting in the kitchen, smart appliances and Design-Craft frameless cabinets. Homes at La Terre at Avenir range from 2,528 to 4,124 square feet and are priced from $959,995 to $1,299,995. K. Hovnanian is a national family-run luxury homebuilder founded in 1959.

The 4,752-acre Avenir is the largest and most innovative developments to come to Palm Beach County. The sustainable community, located in Palm Beach Gardens, is being developed by K. Hovnanian Homes, Toll Brothers, Divosta, Kenco Communities and Akel Homes. Avenir will feature 3,900 new homes and resort-style amenities include a clubhouse, working farm, dedicated golf cart paths, spacious dog parks, and over 300 acres of lakes and waterways. More than 2,400 acres will be transformed into a dedicated nature preserve featuring extensive walking trails. Avenir is also approved for 400,000 SF of retail space and 2,000,000 SF of new offices, shops and restaurants.

Former Bridgewater Associates CTO Buys AKAI Estates Residence For $8 Million In Southwest Ranches

Prasad Hedge has joined bigwig investors migrating to South Florida from Connecticut. Hedge, who was previously a CTO with Bridgewater Associates, a premier asset management firm owned by Founder and Co-Chief Investment Officer Ray Dalio, purchased an estate in Southwest Ranches Akai Estates for $8 million. Hedge is currently COO at 777 Partners, the Miami based private investment firm which is deeply involved in international sports teams and league investment. 777 Partnes has more than $3 billion in assets under management with several high-profile investments in international soccer including La Liga’s Sevilla FC, Genoa C.F.C., the Brazilian club Vasco de Game and Belgian club Standard Liège.

“When moving my family from Connecticut, we were seeking a new, modern designed single-family community. Ideally, we wanted a home within close proximity to both Miami and Fort Lauderdale. It was also important for us to be near top ranked schools. We have been working with design consultants and architects at AKAI Estates, and the process has been seamless,” said Prasad Hedge.

This sale is proof of the luxury buyers and wealthy execs continuing to bet big in South Florida. More specifically, sights are set on Southwest Ranches, a neighborhood that has seen an influx of these wealthy buyers. Hedge chose to move his family from Connecticut to AKAI Estates in Southwest Ranches in order to have a luxury single family home, while not sacrificing space or land. AKAI Estates is a luxury pre-construction single family estate community with two acre lots per home. Southwest Ranches has historically appealed to wealthy execs and business leaders looking for sprawling estates and exclusivity, keeping close proximity to Miami at just 15 miles away.

Located within the estate community, the impressive bright and airy home will be situated on a two-acre lot. It features six bedrooms and eight and a half bathrooms within two floors of open space. The model selected by Hedge includes two sundeck pavilions, one that leads to the glass-walled home gym, with a custom sunken living room and firepit. The home’s upscale summer kitchen boasts appliances by Miele. The home’s dazzling 2,343 square-foot infinity-edge pool is ideal for entertaining, surrounded by lush landscaping as well as a private sports court. The home also offers indoor entertainment with a theater space. With conceptual design by internationally acclaimed Vasco Vieira, in partnership with local architect of record Jiro Yates, the home beautifully merges indoor and outdoor living spaces.

“As a response to the single-family home shortage in South Florida, AKAI Estates is delivering 16 signature luxury estates tucked away in one of South Florida’s most sought-after residential havens, Southwest Ranches. As part of a prestigious suburban landscape, the 44-acre community offers five distinct residential floor plans, each delivered on two acres of private property which makes AKAI even more unique,” said Alex Yokana, Developer of AKAI Estates.

AKAI Estates is a collection of 16 signature luxury homes tucked away in Southwest Ranches, one of South Florida’s most sought-after residential havens. The 44-acre property offers 5 distinct residences to choose from, each delivered with two acres of private property. AKAI Estates is being developed by Alex Yokana, Jairo Vela, and Amos and Michael Sochaczevski. Bento Queiroz Team under Compass is the exclusive sales team for the development.

Lennar Acquires Pine Isles Mobile Home Community In Homestead For $29 Million

Lennar Homes (NYSE: LEN) has acquired the former site of Pine Isles Mobile Home Community in Homestead for $29 million. The property is located at 28600 SW 132nd Ave. and spans 42.7 acres. Pines Isles Mobile Home Community serviced seniors and was disbanded in 2019 before the site was rezoned for the development of 456 single-family homes. The seller was MAC Thirteen LLC, an entity tied to Rolando Delgado of Treo Group, who will receive a portion of the proceeds from each home sold. Delgado purchased the site in 2018 for $12.99 million.

Lennar Homes has already launched sales of the project, named Pine Vista, a master-planned community of townhomes and single-family homes with resort-style amenities. Homebuyers will have 14 different floorpans to choose from and single family homes will range from 1,833 square feet to 3,221 square feet and pricing from $357,990 to $419,990. Townhomes will start in the $200,000’s. Amenities will include a clubhouse, pool and park.

CC Homes Launches Circle S Estates Luxury Homes In Southwest Ranches

CC Homes, one of Florida’s leading homebuilders, has launched sales for Circle S Estates, the former stable of the legendary 1985 Kentucky Derby Winner, Spend A Buck, located in the exclusive mansion and bridle path-lined neighborhood of Southwest Ranches, just minutes from Weston. The private, boutique community of Circle S Estates will feature 42 luxury single-family estate homes on one full acre of land priced from $1 million.

CC Homes, an industry innovator, recently made national headlines for offering the nation’s first at-home telemedicine technology to new homebuyers as part of an exclusive partnership with Baptist Health South Florida. With health top of mind, CC Homes recognizes that families are seeking large, spacious homes with abundant green spaces and blue ribbon schools.

The former 48-acre equestrian estate was a prominent training and breeding farm for more than 30 years, under the ownership of Betty and Ralph Sessa that once stabled, Kentucky Derby winner, Spend A Buck. CC Homes has committed to upholding the property’s proud legacy and maintaining its Old Florida landscaping charm of towering palms and sprawling oaks throughout the property as well as the original fencing.

“These homes put families in the winner’s circle,” said Andres Miyares, Chief Operating Officer at CC Homes. “They offer a prestigious lifestyle in a story book neighborhood rich with racing history and canopied streets where private mansions and horses co-exist in an idyllic setting just outside of the vibrant metropolitan areas of Miami and Fort Lauderdale.”

Each one or two-story Circle S Estate will boast contemporary exterior elevations featuring from five-bedrooms and four and a half-baths, additional guest accommodations and a three-car garage. For a total of up to 7,207 square feet of space, Circle S Estates offer highly-appointed interior finishes with many choices for customization through CC Homes Design Studio. In a nod to its storied past, each estate comes with the option for a white ranch inspired fence with elegant stone balusters for added privacy and charm as well as room for a pool and outdoor kitchen.

Additionally, through CC Homes’ partnership with Baptist Health South Florida, each homebuyer at Circle S Estates will receive a complimentary Baptist Health Digital Health Kit powered by TytoCare™ and unlimited virtual urgent care visits for one year.

Circle S Estates is nestled in the charming, unspoiled Southwest Ranches neighborhood, home owners will enjoy easy access to major transportation corridors such as Interstate 75, Florida Turnpike and Interstate 95, and just a short drive from both Miami and Fort Lauderdale and nearby airports and seaports. For the horse enthusiast, a number of highly rated equestrian facilities and bridle paths are close by.

Lennar Acquires 209 Home Lots In Delray Beach's Avalon Trails Community From 13th Floor Homes

Lennar Corp. (NYSE: LEN) has acquired 209 home lots from an entity tied to 13th Floor Homes in the Avalon's Trails community in Delray Beach for $27.64 million. The price pans out to roughly $132,000 per lot and the seller may be eligible to participate in the success of the project where homes are priced from the mid-$300,000’s.

Avalon Trails broke ground in 2019 and is located on a 110 acre former golf course at 7472 N. Oriole Blvd. which 13th Floor Homes acquired for $5.4 million in 2018. The total site is approved for 521 homes for the senior 55+ community and 13th Floor Homes still owns a site approved for a 200 unit multifamily development which is yet to break ground.

Amenities at Avalon Trails include a clubhouse, multiple pools, fitness center, business center, billiards room, tennis courts, pickle ball, bocce ball and card rooms. The project will also feature 2.4-miles of trails for walking, running and biking.

CC Homes Offers On-Demand Telemedicine Services Through Exclusive Partnership With Baptist Health South Florida

CC Homes, one of Florida’s leading homebuilders led by Jim Carr, has teamed up with Baptist Health South Florida in an exclusive partnership to provide health care on demand to homebuyers in CC Homes communities Canarias at Downtown Doral and Maple Ridge in Ave Maria, FL. With health top of mind globally amidst the COVID-19 pandemic, Canarias and Maple Ridge homebuyers will receive complimentary Baptist Health Digital Health Kits powered by TytoCare™. The digital health kit offers unlimited virtual urgent care visits and the innovative TytoHome personal exam device, an easy-to-use touchscreen, HD camera and microphone, infrared digital thermometer, as well as several adapters to record ears, throat, heart and lungs.

“As a homebuilder we strive to create exceptional places to live. Places that are comfortable, healthy and that offer many conveniences and uncommon luxuries,” said Andres Miyares, Chief Operating Officer at CC Homes. “Baptist Health Care On Demand delivers the same value and quality, and we’re proud to offer our homebuyers premium access to this cutting-edge medical technology.”

Available for non-life-threatening illness and injuries, the technology enables Canarias and Maple Ridge homebuyers to avoid busy waiting rooms while saving time, money and finding peace of mind with 24/7 access to Baptist Health South Florida’s trusted healthcare providers in the comfort of their own homes.

CC Homes’ Canarias development, a community of more than 300 luxury single-family homes and townhomes in Miami’s Downtown Doral neighborhood, began offering Digital Health Kits in December 2019. When the COVID-19 pandemic hit South Florida earlier this year, CC Homes decided it was crucial that buyers in their other master-planned development, Maple Ridge in Ave Maria, also receive privileged access to the technology. All homebuyers at Canarias and Maple Ridge receive one year of free and unlimited face-to-face video Urgent Care visits as well as the TytoHome Medical Exam Device. They also receive concierge setup and 24/7 customer support.

“The convenience and value of telehealth isn’t a secret after the last three months, and Baptist Health has led the way in giving consumers access to virtual care since 2016,” said Danny Elfenbein, director of Digital and Consumer Solutions at Baptist Health South Florida. “This innovative ‘healthcare included’ approach with CC Homes and TytoCare™ will make healthcare more convenient than ever as we empower consumers to be more engaged in their own care.”

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