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GID Portfolio - Quiet Waters at Coquina Lakes
200 Units
11 NW 45th Ave.
Deerfield Beach, FL  33442
Type:  Multifamily
Closed: 8/1/2001
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GID Portfolio - The Fairways at Carolina
208 Units
2701 Rock Island Road
Margate, FL  33063
Type:  Multifamily
Closed: 8/1/2001

Cushman & Wakefield, as exclusive marketing advisor, is pleased to present 91 units situated among three properties in two of the best areas in Fort Lauderdale. The properties can be purchased as a portfolio or individually (however Harbour Beach and Harbour Pointe need to be purchased together).

The properties are located in extremely desirable areas of Fort Lauderdale. Two of three properties are sitting on the water. Harbour Pointe features 300’ of boat slips and Coral Ridge Isles feature over 500’ of ocean-access water frontage with the potential of adding boat slips. The properties offer immediate upside through eliminating over $400,000 in loss-to-lease as value-add potential on most buildings.

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Fort Lauderdale Waterfront Portfolio (3 properties, 91 units)
Harbour Beach
24 Units
2323 SE 18th Street
Fort Lauderdale, FL  33316

Cushman & Wakefield, as exclusive marketing advisor, is pleased to present 91 units situated among three properties in two of the best areas in Fort Lauderdale. The properties can be purchased as a portfolio or individually (however Harbour Beach and Harbour Pointe need to be purchased together).

The properties are located in extremely desirable areas of Fort Lauderdale. Two of three properties are sitting on the water. Harbour Pointe features 300’ of boat slips and Coral Ridge Isles feature over 500’ of ocean-access water frontage with the potential of adding boat slips. The properties offer immediate upside through eliminating over $400,000 in loss-to-lease as value-add potential on most buildings.

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Fort Lauderdale Waterfront Portfolio (3 properties, 91 units)
Harbour Pointe
34 Units
2201 SE 18th Street,
Fort Lauderdale, FL  33316
Irreplaceable Location in one of Orlando’s Most Dynamic Submarkets

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Haven at Reunion, a brand-new apartment home community in Kissimmee, Florida. The 338-unit property consists of three-story garden style buildings with an average unit size of 989 square feet. Developed in 2019, the property consists of a mix of one-, two- and three-bedroom residences with expansive common area amenities and market leading finishes. The location of Haven at Reunion is just minutes from I-4 providing residents with excellent access to the areas’s top employers such as Walt Disney World, Universal Studios, NeoCity, Lake Nona, Darden Restaurants, Lockheed Martin, and AdventHealth.

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Haven at Reunion
338 Units
7995 Haven Way
Kissimmee, FL  34747
Type:  Multifamily
Closed: 10/29/2019
Cushman & Wakefield, as exclusive advisor, is pleased to present a value-add investment opportunity to acquire Heron Landing, a 144-unit community featuring 100% two-bedroom units. The property features an expansive average unit size of 1,053 square feet with a unique unit mix of all two-bedroom units. Built in 1988, the property is perfect positioned for new ownership to implement a significant value-add renovation program as well as an opportunity to enhance the unique amenity spaces.

Located at Pine Island Road & Commercial Boulevard, the property is perfectly situated just minutes from the Sawgrass Expressway, allowing for quick commutes to the other major thoroughfares throughout Broward. This will allow residents to easily commutes to the area's major employment centers including Sawgrass Corporate Park, Plantation, Cypress Creek, Boca Raton and Downtown Fort Lauderdale.
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Heron Landing
144 Units
5280 NW 88th Avenue
Sunrise, FL  33351
Type:  Multifamily
Closed: 9/16/2022

Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire Icon Las Olas – an iconic 44-story residential high-rise overlooking historic Las Olas Boulevard, the Atlantic Ocean, downtown Fort Lauderdale and the New River.This coveted and irreplaceable asset opened in October 2017, and is comprised of 272 luxury residences and three top-rated restaurants: Etaru Japanese Bar + Grill, Salt Seven Modern Eatery & Lounge and IT! Italy Café.

A Trophy Residential Tower

Rising 44 stories, Icon is the tallest building in Fort Lauderdale. Suspended atop the skyline and nestled between Las Olas’ preeminent high street and the New River, Icon presents unobstructed views of the ocean, downtown and Las Olas Boulevard. An asset of this awe-inspiring height, condominium quality finish, architecture and irreplaceable location, make it a rare acquisition opportunity and the premier asset of an investment portfolio for generations as it commands the center of a major downtown.

Superior Asset Quality and Unit Sizes

Built with the most discerning residents in mind, Icon Las Olas sets a new standard of excellence. The building’s unique curvature, glass façade, and sheer height evoke feelings of opulence. All units feature floor-to-ceiling glass, interiors designed by internationally recognized Steven G., and exceptional interior finishes that include built-in Sub Zero and Bosch appliances. Average unit sizes are a remarkable 1,516 square feet, dwarfing the market average by over fifty percent.

Performance Fueled by Affluence

Icon Las Olas has performed in record setting fashion as the market enthusiastically responded to the ultra-luxury niche. The property has achieved stabilization in just over 12 months while boasting an affluent tenant base with the highest household incomes in South Florida, placing the rent to income ratios comfortably below market norms.

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Icon Las Olas
272 Units
500 East Las Olas Boulevard
Fort Lauderdale, FL  33301
Closed: 6/5/2019

Cushman & Wakefield, as exclusive advisor, is pleased to present an exceptional investment opportunity to acquire IMT Florida Club – a 264-unit, value-add residential asset located in Boynton Beach, Florida. Situated on over 17.5 acres, IMT Florida Club offers a mix of one, two and three-bedroom units with a market leading average unit size of 1,143 square feet. Developed in 2001, the property has been impeccably maintained and is positioned for a future investor to modernize the interiors by implementing an in-unit renovation program. With an average occupancy rate of almost 96% over the last 12 months, there is an opportunity to push rents allowing a new owner to further enhance their returns on an asset with an already proven cash flow stream.

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IMT Florida Club
264 Units
7933 Venture Center Way
Boynton Beach, FL  33437
Closed: 5/24/2018

Cushman & Wakefield, as exclusive advisor, is pleased to present an exceptional investment opportunity to acquire Innovo Living on Atlantic (the “Property”) —a 310 unit, multifamily asset located in Coral Springs, Florida. The property is comprised of 48% one-bedrooms, 52% two-bedrooms. Completed in 1987, Innovo Living on Atlantic received an extensive capital infusion which included a brand new 5,138 square foot clubhouse featuring an expansive lounge area, climbing wall, fitness center, Yoga and Pilates studio, lap pool and business center. The interior units were completely repositioned to feature new cabinets, counter tops, appliances, lighting and hard surface flooring throughout. Additionally, the second floor units were modified to feature vaulted ceilings in the living area. The property has excellent drive-by visibility along Atlantic Boulevard with exposure to over 36,000 cars daily and is less than two miles from the Sawgrass Expressway providing access to over 47.7 million square feet of office within the major employment sectors of Sunrise, Plantation, Cypress Creek, Fort Lauderdale and Boca Raton.

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Innovo Living on Atlantic
310 Units
790 Harbor Inn Drive
Coral Springs, FL  33071
Closed: 6/25/2020
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Island Shores
356 Units
1600 Island Shores Drive
West Palm Beach, FL  33413
Type:  Multifamily
Closed: 9/1/2003
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Jefferson Place
243 Units
533 NE 3rd Avenue
Fort Lauderdale, FL  33301
Type:  Multifamily
Closed: 5/1/2005

Cushman & Wakefield, as exclusive advisor, is pleased to present an urban infill investment opportunity to acquire JOYA – a premier transit-oriented, 431-apartment home, 12-story asset located in Miami, Florida. With thoughtful unit layouts in a mix of flats and two-story townhomes, JOYA offers the largest floor plans in the market with an average unit size of 1,105 square feet. The property opened in February 2016 setting the standard for luxury apartment living while offering the most expansive amenities compared to its competitive set. Located within Dadeland, JOYA is less than five minutes from 1.5 million square feet of office and over 2 million square feet of retail. JOYA is also walkable to the Metrorail providing access to the other main employment corridors of Coral Gables, Downtown Miami and Miami’s Health District. Developed by nationally recognized Wood Partners, JOYA’s design elements and presence will stand the test of time.

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JOYA
431 Units
8150 SW 72nd Avenue
Miami, FL  33143
Closed: 9/11/2018
Cushman & Wakefield is pleased to present the opportunity to acquire Lake Cecile Townhomes, a 72- unit, concrete block townhome rent community located in Kissimmee, Florida (the “Property”). The Property was built between 2009 and 2014 and consists of nine buildings with oversized townhome layouts averaging 1,643 square feet totaling 36 three-bedroom and 36 four-bedroom units. The Property’s amenity set includes resort-style pool, clubhouse/leasing office, and basketball court, which is a rarity for boutique townhouse communities. Lake Cecile is available below replacement cost. The property offers immediate upside through eliminating 1) loss to lease and 2) value add improvements; Loss to Lease • In place rents are under market. The property has consistently operated at 100% occupancy due to the low rents. In place effective rents are $1,446 or $0.88 per square foot. Market rents are $1,800 for three bedroom and $2,000 for four bedroom townhomes with a blending market rent of $1,900 or $1.16 per square foot. There is over $454 per unit per month or $390k per year in loss-to-lease upside by moving rents to current market levels. Value Add • The property provides excellent value-add upside opportunity. Implementing a value-add program on the 72 units at an estimated cost of $10,000 per unit can provide $200 per unit in additional rental upside totaling over $170,000 in income upside.
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Lake Cecile TownHomes
72 Units
4750 Everglades Circle
Kissimmee, FL  34746
Closed: 10/31/2022
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Lakeview Club
443 Units
2819 North Oakland Forest Drive
Fort Lauderdale, FL  33309
Type:  Multifamily
Closed: 1/5/2005
Cushman & Wakefield, as exclusive advisor, is pleased to present the incredible opportunity to acquire Las Olas Walk (the “Property”) – a 456-unit, 8-story, class-AAA midrise located in the heart of Downtown Fort Lauderdale. Las Olas Walk was delivered in July 2020 and has proven to be among the top performing luxury apartment buildings in the market through its impressive lease-up absorption of almost 40 leases per month.

Las Olas Walk was designed and built with the most discerning residents in mind. The property features an unparalleled combination of top-of-the-market unit finishes including top floor units with large, garden terraces overlooking the Fort Lauderdale skyline. In addition, Las Olas Walk features a resort-inspired amenity deck which includes Fort Lauderdale’s largest pool deck. Residents are able to bask in the sun around the expansive pool deck or rest in the warm glow of a fire pit at night.

Life along Las Olas Boulevard puts residents of Las Olas Walk at the center of excitement within dozens of restaurants, boutiques and specialty food shops, including a brand-new Publix Greenwise only steps away. The property’s irreplaceable location within Downtown Fort Lauderdale has earned Las Olas Walk an exceptional 92 Walk Score.

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Las Olas Walk
456 Units
106 S Federal Hwy
Fort Lauderdale, FL  33301
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Laurel Gardens
384 Units
9000 West Atlantic Boulevard
Coral Springs, FL  33071-6954
Type:  Multifamily
Closed: 6/1/2003
Cushman & Wakefield, as exclusive advisor, is pleased to present this landmark, LEED Silver, mixed-use development. This 1.2 million square-foot project provides a true live-work-play ecosystem by incorporating 495 luxury residential units with the prestigious Life Time (NYSE: LTH) athletic resort and co-working space along with renown onsite amenity retailers like Trader Joe’s and Graziano’s Restaurant and Market.

Dedicated to the pursuit of healthy living, the Life Time facility is over 90k square feet and includes a plethora of amenities such as a comprehensive fitness center, café, child care, and spa, along with health, nutrition, and fitness consulting. In addition, a 24k square-foot coworking space provides residents and members alike with a myriad of options from complete office spaces for small companies to shared desks and common areas for co-working and WFH uses. Current programming provides residents of the 495 luxury multifamily units with free membership to Life Time Athletic.

This one-of-a-kind project sits prominently on US-1 in world-renowned Coral Gables with excellent access to employment and walkability to the Shops at Merrick Park. Resident demographics are exceptionally strong with average household incomes of over $500,000. The property represents a rare opportunity for a large-scale mixed-use acquisition in one of the highest barrier-to-entry and most affluent submarkets in Miami.
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Life Time Coral Gables
495 Units
237 S Dixie Hwy
Coral Gables, FL  33133
Closed: 8/26/2022

Cushman & Wakefield, as exclusive advisor, is pleased to present an exceptional investment opportunity to acquire Luzano – a 404 unit, Class A, trophy residential asset located within Pompano Beach, Florida. This brand new asset is being offered for the first time by its developer, nationally recognized ZOM Living. The central Broward County location is a magnet for employees working in Boca Raton, Cypress Creek, Plantation/Sunrise, and downtown Fort Lauderdale. Located just east of the Florida’s Turnpike on Atlantic Boulevard, the property boasts excellent visibility and connectivity to all of the major cities in South Florida. Luzano represents the newest generation of apartments with best-in-class amenities and finishes. Located in the path of growth, the area will continue to see trending demographics as evidenced by the adjacent land which includes a single family community with 150 homes, a 210 unit apartment community, and a $20 million sports park.

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Luzano
404 Units
100 NW 33rd Terrace
Pompano Beach, FL  33069
Closed: 10/23/2018
Cushman & Wakefield, as exclusive advisor, is pleased to present an urban infill investment opportunity to acquire Manor Broken Sound – South Florida’s premier 297 apartment home asset located in Boca Raton, Florida. The property is comprised of a six-story midrise and two-story villas with garages and has a combined average unit size of 1,118 square feet. Manor Broken Sound is centrally located in the heart of the Park at Broken Sound and provides immediate access to 8.8 million square feet of office and industrial , making it one of South Florida’s most dynamic live and work environments. The property opened in February 2022 and was developed by nationally recognized Related Group.
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Manor Broken Sound
297 Units
5400 Broken Sound Blvd NW
Boca Raton, FL  33487
Closed: 9/8/2022

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Mareas at Botanica (the “Property”) – a Class-AAA, 408-unit luxury garden apartment home community located in Miami, Florida. The property recently stabilized and offers an investor the opportunity for an additional 192-units within the future Phase II of the property. Designed with a commitment to quality, the property is set on 18 acres within 18 three-story buildings and an average unit size of 1,035 square feet. Mareas at Botanica also features 34 detached garages along with an expansive amenity package highlighted by the two-level 11,000 square feet clubhouse.

Centrally located along SW 152nd Avenue, the property has exposure to 53,000 cars daily and is located one mile from the Florida Turnpike, proving access to the major employment markets of Coral Gables, Downtown Miami, Blue Lagoon, Doral and Downtown Dadeland. Mareas at Botanica is also walkable to 230,000 square feet of retail anchored by a Walmart with a grocer, Starbucks, Panera Bread, Chili’s and PDQ.

Mareas at Botanica is being offered for the first time by its developer, Ram Realty Advisors and presents a rare opportunity to acquire a newly built, suburban garden apartment community in the epicenter of one of Miami’s fastest growing cities.

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Mareas at Botanica
408 Units
15520 SW 127th Avenue
Miami, FL  33177
Closed: 11/30/2021
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Marisol at Viera
282 Units
2439 Casona Lane
Melbourne, FL  32940
Type:  Multifamily

A Trophy Residential High-Rise in Midtown Miami

Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire Midtown Five (the “Property”) – a 25-story, class-AAA high-rise in the center of master-planned Midtown Miami. Midtown Five is composed of 400 luxury residences with 23,312 square feet of ground floor retail that sit along Midtown Miami’s main thoroughfare. The Property has outperformed the market in occupancy and collections and is well positioned for continued success due to its top-of-the-market unit finishes, expansive amenity package, and its irreplaceable location with immediate walkability to the 645,000 square foot Shops at Midtown, multiple under construction office projects, and two proposed Brightline stations. Midtown Five presents an extremely rare urban Miami high-rise acquisition opportunity that is poised to greatly benefit a long-term investor through Miami’s continued growth towards a first-tier world-class city.

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Midtown Five
400 Units
125 NE 32nd Street
Miami, FL  33137
Closed: 12/22/2020
Cushman & Wakefield is pleased to present Milano Lakes, a newly stabilized luxury rental development in the affluent community of Naples, Florida. Milano Lakes offers exceptionally large and lavishly appointed apartment homes on a sprawling site with three lakes and extensive community amenities. This newly constructed, gated community lies just minutes from Interstate 75, convenient to shopping, employment and more.
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Milano Lakes
296 Units
3713 Milano Lakes Circle
Naples, FL  34114
Closed: 5/25/2021
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Mizner Village
275 Units
15005 Michelangelo Blvd.
Delray Beach, FL  33446
Type:  Multifamily
Closed: 2/1/2003