The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 143-unit The Park at Ashley Place community located in New Port Richey, Florida.

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The Park at Ashley Place
143 Units
4031 Vista Verde Drive
New Port Richey, FL  34655
Closed: 5/25/2022

Cushman & Wakefield is pleased to present the exclusive listing of Sunset Marina, the newest waterfront Class-A rental community in the Florida Keys and the only waterfront multifamily rental in Key West. A shortage of rental supply, limited land and limitations on new residential development make the Florida Keys one of the most supply constrained markets in the U.S. Sunset Marina is ideally situated with over 950 feet of direct water frontage on Stock Island in Key West.

The property features 60 spacious townhome units that average 800 square feet. All units are two bedroom/two bathrooms. The property is 100% occupied with average market rents of $3,084 per unit. The property includes 23 market rate units and 37 workforce units. The majority (30 out of 37 units of the workforce units) allow to be rented at 140% of AMI as of today which equates to $3,206 per unit. Adjacent to the property is Sunset Marina a 165-slip marina which is not part of the offering. Out of 60 units, the 52 (87%) have direct water frontage whereas the remaining 8 units have partial water views.

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Sunset Marina
60 Units
5555 College Road
Key West, FL  33040
Closed: 5/9/2022
Cushman & Wakefield is pleased to offer 77+ gross acres zoned to permit up to 400 townhomes and 106,000+ square feet of service-ready/commercial uses. Part of the state-of-the-art Connected City master planned community, the property is immediately adjacent to Epperson, a rapidly expanding residential development best known for its 7-acre crystal lagoon and desirable, single family communities.
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Wesley Chapel Land
77 Acres
North side of Elam Road
Wesley Chapel, FL  33545
Type:  Land
Closed: 4/21/2022

Cushman & Wakefield has been exclusively engaged to arrange the sale of the Owner’s 100 percent fee simple interest in The Village at Crescent Park (the "Property"), a fully entitled, 14.48-acre multifamily development site located in Orlando, Florida. The approved site plan proposes a garden-style, four-story, 254-unit development, complete with dedicated leasing center, clubhouse, resort-style pool, fire pit & lounging area, playground, and pet park among other amenities. Situated just north of Orlando International Airport and State Road 528, the Property offers resident’s convenient access to the metro’s major employment hubs, as well as robust retail offerings in immediate proximity.

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The Village at Crescent Park (Proposed)
254 Units
Conway Road
Orlando, FL  32812
Closed: 4/15/2022

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 372-unit Genesis Apartments community located in Clearwater, Florida.

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Genesis
372 Units
530 Fairwood Avenue
Clearwater, FL  34619
Type:  Multifamily
Closed: 3/31/2022

Cushman & Wakefield, as exclusive advisor, is pleased to present Reserve at Brandon, a 982-unit value-add multifamily community in Brandon, Florida.

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Reserve at Brandon
982 Units
1918 Plantation Key Circle
Brandon, FL  33511
Closed: 3/31/2022

Cushman & Wakefield, as exclusive advisor, is pleased to present The Commons, a 280-unit, garden-style apartment community located in Orlando, Florida (the "Property"). Completed in 1998, the Property will be delivered 100% vacant as it was previously under a master lease to the Walt Disney Company that will be terminated upon closing.

The Commons is situated on 19.28 acres and is comprised of 29 two and three-story residential buildings with spacious floorplans averaging 1,040 s.f. The Property boasts an extensive amenity package including a resort-style swimming pool, fitness center, conference center, lighted tennis court, lighted sand volleyball court, garages, picnic area with grills and gazebo, and a car care center. With largely original interior finishes, coupled with the ability to improve the large current amenity package, new ownership can immediately implement a comprehensive value-add program to bring rents inline with submarket comparables.

The Property has immediate proximity to major employment centers, including the Tourist Corridor office submarket, Lockheed Martin, Orlando Health Dr. P. Phillips Hospital, Universal Studios, SeaWorld, and Disney’s Campus, all less than 15 minutes away. Additionally, the immediate area has over 1.8 m.s.f. of retail and restaurant space within a one-mile radius, including Publix Supermarket, the Orlando Premium Outlets, and Disney Springs..

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The Commons
280 Units | 535 Beds
8050 Gables Commons Drive
Orlando, FL  32821
Closed: 3/23/2022

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 120-unit Park Village Apartments community located in Orange Park, Florida (Jacksonville MSA).

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Park Village
138 Units
741 Park Avenue
Orange Park, FL  32073
Closed: 3/16/2022

Cushman & Wakefield, as exclusive advisor, is pleased to present Fall Ridge of Delray, a 60-unit, value-add property in east Delray Beach, Florida.

Built in 1980, the property sits on 4.86 acres. The property provides concrete block construction in a rare villa-style community totaling 10 triplex and 5 eight-plex units. All units are spacious two bedrooms-two bathrooms averaging 855-square feet. All units have washer/dryer hookups.

There is about $275,000 in rental upside at the property through loss-to lease burn-off and value add.

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Fall Ridge of Delray
60 Units
1100 SW 4th Avenue
East Delray Beach, FL  33444
Closed: 1/18/2022
Sold
Avenu Heights
15 Units
751 NW 1st Street
Miami, FL  33128
Closed: 1/6/2022

Cushman & Wakefield is pleased to present the opportunity to acquire Lakeshore Heights - a 160-unit, three-story, garden-style apartment community located in Tallahassee, Florida (the "Property"). Completed in 2000, the Property went through a major renovation in 2019 that converted and upgraded many of the four-bedroom units to studio, one and two-bedroom units. Thirty-two four-bedroom units remain, demonstrating the possibilities for new ownership to complete the renovations. Lakeshore Heights offers residents immediate proximity to retail and dining options, as well as Interstate 10, providing East-West access from Jacksonville to Pensacola. Florida State University, Tallahassee Memorial Hospital, and the Tallahassee International Airport are all within 15 minutes from the Property.

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Lakeshore Heights
160 Units
1375 Pullen Road
Tallahassee, FL  32303
Closed: 12/30/2021

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 288-unit value-add offering, Canopy Creek, located in Jacksonvile, Florida.

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Canopy Creek (Kabana Creek)
288 Units
11291 Harts Road
Jacksonville, FL  32218
Type:  Multifamily
Closed: 12/29/2021

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present Mount Vernon & Williamsburg Village, a 230-unit two-property multifamily opportunity located in Gainesville, FL.

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Mount Vernon & Williamsburg Village (2 properties, 230 units)
Mount Vernon
102 Units
2370 SW Archer RD
Gainesville, FL  32608
Closed: 12/22/2021

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present Mount Vernon & Williamsburg Village, a 230-unit two-property multifamily opportunity located in Gainesville, FL.

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Mount Vernon & Williamsburg Village (2 properties, 230 units)
Williamsburg Village
128 Units
2000 SW 16th Street
Gainesville, FL  32608
Type:  Multifamily
Closed: 12/22/2021

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 138-unit The Madeira multifamily community located in St. Petersburg, Florida.

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The Madeira
138 Units
7533 38th Avenue N.
St. Petersburg, FL  33710
Type:  Multifamily
Closed: 12/21/2021
Three of the Six Properties are Located in a Designated Opportunity Zone With Long-Term Hold Tax Benefits

The Cushman & Wakefield Florida Multifamily Group is pleased to present the exclusive listing of the Tzadik Orlando & East Coast Value-Add Portfolio, located throughout Central Florida. This is an attractive critical mass offering of six workforce housing multifamily communities totaling 1,242 units in the high growth I-4 Corridor of Orlando and Daytona Beach MSAs. The properties may be sold as a six-property portfolio transaction and also available individually. The offering is being offered on a market bid basis, free and clear of debt.

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Tzadik Orlando & East Coast Value-Add Portfolio (6 properties, 1,242 units)
Tzadik Bay
248 Units
1225 South Beach Street
Daytona Beach, FL  32114
Closed: 12/16/2021
Three of the Six Properties are Located in a Designated Opportunity Zone With Long-Term Hold Tax Benefits

The Cushman & Wakefield Florida Multifamily Group is pleased to present the exclusive listing of the Tzadik Orlando & East Coast Value-Add Portfolio, located throughout Central Florida. This is an attractive critical mass offering of six workforce housing multifamily communities totaling 1,242 units in the high growth I-4 Corridor of Orlando and Daytona Beach MSAs. The properties may be sold as a six-property portfolio transaction and also available individually. The offering is being offered on a market bid basis, free and clear of debt.

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Tzadik Orlando & East Coast Value-Add Portfolio (6 properties, 1,242 units)
Tzadik Brookside
343 Units
3997 Rosewood Way
Orlando, FL  32808
Type:  Multifamily
Closed: 12/16/2021
Three of the Six Properties are Located in a Designated Opportunity Zone With Long-Term Hold Tax Benefits

The Cushman & Wakefield Florida Multifamily Group is pleased to present the exclusive listing of the Tzadik Orlando & East Coast Value-Add Portfolio, located throughout Central Florida. This is an attractive critical mass offering of six workforce housing multifamily communities totaling 1,242 units in the high growth I-4 Corridor of Orlando and Daytona Beach MSAs. The properties may be sold as a six-property portfolio transaction and also available individually. The offering is being offered on a market bid basis, free and clear of debt.

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Tzadik Orlando & East Coast Value-Add Portfolio (6 properties, 1,242 units)
Tzadik Millennium
200 Units
4255 Barwood Drive
Orlando, FL  32839
Type:  Multifamily
Closed: 12/16/2021
Three of the Six Properties are Located in a Designated Opportunity Zone With Long-Term Hold Tax Benefits

The Cushman & Wakefield Florida Multifamily Group is pleased to present the exclusive listing of the Tzadik Orlando & East Coast Value-Add Portfolio, located throughout Central Florida. This is an attractive critical mass offering of six workforce housing multifamily communities totaling 1,242 units in the high growth I-4 Corridor of Orlando and Daytona Beach MSAs. The properties may be sold as a six-property portfolio transaction and also available individually. The offering is being offered on a market bid basis, free and clear of debt.

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Tzadik Orlando & East Coast Value-Add Portfolio (6 properties, 1,242 units)
Tzadik Park
119 Units
1049 Brentwood Drive
Daytona Beach, FL
Type:  Multifamily
Closed: 12/16/2021
Three of the Six Properties are Located in a Designated Opportunity Zone With Long-Term Hold Tax Benefits

The Cushman & Wakefield Florida Multifamily Group is pleased to present the exclusive listing of the Tzadik Orlando & East Coast Value-Add Portfolio, located throughout Central Florida. This is an attractive critical mass offering of six workforce housing multifamily communities totaling 1,242 units in the high growth I-4 Corridor of Orlando and Daytona Beach MSAs. The properties may be sold as a six-property portfolio transaction and also available individually. The offering is being offered on a market bid basis, free and clear of debt.

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Tzadik Orlando & East Coast Value-Add Portfolio (6 properties, 1,242 units)
Tzadik Ridge
232 Units
2050 South Ridgewood Avenue
South Daytona, FL  32119
Closed: 12/16/2021
Three of the Six Properties are Located in a Designated Opportunity Zone With Long-Term Hold Tax Benefits

The Cushman & Wakefield Florida Multifamily Group is pleased to present the exclusive listing of the Tzadik Orlando & East Coast Value-Add Portfolio, located throughout Central Florida. This is an attractive critical mass offering of six workforce housing multifamily communities totaling 1,242 units in the high growth I-4 Corridor of Orlando and Daytona Beach MSAs. The properties may be sold as a six-property portfolio transaction and also available individually. The offering is being offered on a market bid basis, free and clear of debt.

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Tzadik Orlando & East Coast Value-Add Portfolio (6 properties, 1,242 units)
Tzadik Rose
100 Units
200 Robert Street
New Smyrna Beach, FL
Type:  Multifamily
Closed: 12/16/2021

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present Carlyle Court & Pendelton Park Villas, a 310-unit two-property multifamily opportunity located in Orlando, FL.

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Carlyle Court & Pendelton Park Villas (2 properties, 310 units)
Carlyle Court
100 Units
5924 Curry Ford Road
Orlando, FL  32822
Closed: 12/15/2021

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present Carlyle Court & Pendelton Park Villas, a 310-unit two-property multifamily opportunity located in Orlando, FL.

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Carlyle Court & Pendelton Park Villas (2 properties, 310 units)
Pendelton Park Villas
210 Units
5975 Curry Ford Road
Orlando, FL  32822
Closed: 12/15/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire Moda North Bay Village (the “Property”) – an iconic 8-story midrise located on 4.5 acres on the northernmost point of the North Bay Village islands in Miami Beach and overlooking Biscayne Bay. The property was developed in 2015 by ZOM and comprises 285 luxury apartment homes with an average unit size of just over 1,000 square feet. The property has 1,400 feet of water frontage providing water views for 100% of the units, as well as water access via the marina on the property. A variety of amenities are available to residents including two pools, access to kayaks and paddleboards, and boat/jet ski dockage. Moda is also the newest of four market-rate apartment communities in Miami-Dade to offer an onsite marina. Residents can enjoy ease of commute to downtown Miami/Brickell and Aventura which provide a mix of employment, retail and nightlife. Moda is also less than three miles from the pristine beaches of Miami.

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Moda North Bay Village
285 Units
8000 West Drive
North Bay Village, FL  33141
Closed: 12/8/2021