St. Petersburg, FL 33714
Cushman & Wakefield, as exclusive advisor is pleased to present the opportunity to acquire Elan Maison, a brand new, 394-apartment home community located with greater Ft. Lauderdale. The property recently stabilized by averaging over 30 leases per month.
Elan Maison redefines the standard for apartment living being the only garden-style apartment with enclosed air-conditioned corridors and cutting-edge finish levels both inside the units and throughout the common areas. It has unmatched accessibility along I-595 with direct access the major South Florida Roadways.Elan Maison is being offered for the first time to the market by its developer, nationally recognized Greystar.
Davie, FL 33314
Cushman & Wakefield, as exclusive advisor, is pleased to present Riviera Hills - a 84-unit value-add opportunity located at 5220-5435 NW 18th Place in Lauderhill, Florida. The property offers 26 studios, 6 1BR/1BA, 34 2BR/1BA and 16 2BR/2BA units averaging 694 square feet. The rents are below market and can be increased generating additional revenue by $170,000.
Riviera Hill’s central Broward location is a magnet for employees working in the area’s largest employment centers, such as Plantation, Sunrise and Fort Lauderdale. The property is 2 miles east of Plantation Pointe, a 900,000 square foot office park with high-profile tenants including Motorola, Envision, and Magic Leap. The property is also about 5 minutes east of University Drive which serves as the main thoroughfare in the area, with various retail and dining options. Lastly, Riviera Hills is just a mile north of the Florida Turnpike’s ramp on Sunrise Boulevard allowing quick access to all major South Florida employment centers.
Lauderhill, FL 33313
Miami Beach, FL 33141
Cushman & Wakefield, as exclusive advisor, is pleased to present the investment opportunity to acquire Broadstone Plantation – a premier 250-apartment home asset located in Plantation, Florida. The property is comprised of a mix of five-story midrise buildings and three-story garden buildings with a combined average unit size of 989 square feet.
Broadstone Plantation is centrally located in Plantation and provides access to over 2.9 million square feet of office making it one of South Florida’s most dynamic live and work environments. The property opened in August 2017 and represents the newest era of garden apartments while setting the standard for luxury apartment living with market leading finishes, amenities and accessibility.
Plantation, FL 33313
Fort Myers, FL 33905
Miami, FL 33132
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.
Pompano Beach, FL 33069
Orlando, FL 32822
Ocala, FL 34471
The Place at Dania Beach’s location is well connected via its walkable amenities and proximity to major employers. The Property’s Walkscore of 84 is substantiated by its proximity to a number of retailers and restaurants, Bravo Supermarket (opening soon), Publix Supermarket, The Casino at Dania Beach (recently completed a $64 million renovation), Frost Park, and Dania Beach Ocean Park along the Atlantic Ocean. Regarding major employers, in 20 minutes or less, The Place at Dania Beach is connected to over 500,000 jobs in submarkets such as Sunrise/Plantation, Aventura, and Fort Lauderdale through Cypress Creek. Notably, the Design Center of the Americas (home to Chewy.com), Fort Lauderdale International Airport, Port Everglades, and downtown Fort Lauderdale are exceptional demand drivers for the Property and can be reached in under 10 minutes.
Dania Beach, FL 33004
Cushman & Wakefield, as exclusive advisor, is pleased to present a multifamily investment opportunity to acquire The Atlantic Delray (the "Property") - an increasingly scarce, new construction, luxury garden apartment development of 346 homes in the highly desired community of Delray Beach, Florida. The property is comprised of thirteen three-story buildings and two two-story buildings with walk-up units averaging 1,048 square feet that are serviced by surface parking, attached garages, and detached garages. The Atlantic Delray is located in emerging West Delray, just north of Atlantic Avenue and west of Military Trail. The community is minutes from millions of square feet of high-paying jobs in Boca Raton and Downtown Delray Beach - the heart of the Palm Beach social scene. With its central location within Palm Beach County, Delray Beach has become one of South Florida's most dynamic live and work environments. The property opened in May 2017 and has quickly moved through the lease-up process in part due to its market-leading luxury finishes and unmatched amenity offering and a rare low-density setting of 11 units per acre.
Please contact a Cushman & Wakefield professional for more information.
Delray Beach, FL 33484
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.
Miami, FL 33143
Cushman & Wakefield, as exclusive advisor, is pleased to present a multifamily investment opportunity to acquire Vista Verde (the "Property") - a 302-unit, value-add residential asset located in rarely traded Miami, Florida. The two and three-story surface parked property was built in 1993 and sits adjacent to a Publix-anchored shopping center and across SW 107th Avenue from Florida International University (FIU) the fourth largest university in the United States with a growing enrollment currently at 55,000 students.
The property is currently implementing an in-unit renovation program of which they have fully renovated 16 units. The last 60 renovated units ("full" and "partial") have achieved average monthly rent premiums of $188 per unit per month. Cushman & Wakefield estimates that by completing the in-unit renovation program, a future investor could generate additional annual cash flow of over $475,000. This would allow for an increased return potential. Notable renovations include adding stainless steel appliances, granite counters, removing popcorn from the ceilings, new flooring, new cabinetry, and sinks. A new investor can further enhance cash flows by continuing this program.
Miami, FL 33174
Hollywood, FL 33021
Kissimmee, FL 34741
Cushman & Wakefield, as exclusive advisor, is pleased to present an exceptional investment opportunity to acquire Santorini– a 226-unit, Class A, mid-rise asset located in Boynton Beach, Florida. Santorini is currently under construction with anticipated Certificate of Occupancy scheduled for January 2018. The property is located in Renaissance Commons, the premier mixed-use PUD in Boynton Beach, Florida. Within the PUD, residents are able to take advantage of 130,000 square feet of retail shopping and fine dining selections. There is also 200,000 square feet of office space in the PUD. Immediately adjacent to the property is Boynton Town Center which features 400,000 square feet of retail; across the street is the Boynton Beach Mall, which offers 1.2 million square feet of retail.
Boynton Beach, FL 33426
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.
Boynton Beach, FL 33437
Plantation at Walden Lake is a 352-unit, garden apartment community located in Plant City, Florida. The property was constructed in phases from 1990-1994, consisting of 23, two-story apartment buildings situated on 43+ acres. The Property offers a mix of well-appointed one-, two- and three-bedroom apartments along with a comprehensive array of recreational and community amenities.
Plantation at Walden Lake has had the benefit of attentive, professional management and the property is in excellent physical condition. During the past 3 years, the seller has invested $1.8 million in capital improvements, including community amenity enhancements and interior updates to 43 (12%) of the units. The significant number of un-renovated units positions Plantation at Walden Lake as an exciting value-add investment opportunity.
Plant City, FL 33567
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present The House Residence at 250 Collins, 27 fully renovated residences located at 250 Collins Avenue in the heart of South Beach. The property allows for multiple investment strategies including hotel, apartments, short-term rentals, condo-conversion and condo hotel. The property has just completed a multi-year renovation which offers ultra high-end finishes including custom kitchens with quartz counters, high-end white lacquered cabinets and Miele appliance packages. Added into the redesign are a third floor glass penthouse level and a fourth floor roof top pool and sun deck. This truly is a turnkey, high-end boutique residence that does not exist South of 5th on Miami Beach.
The property provides spacious units averaging 702 square feet including 16 1bd/ba; 8 2bd/2ba; and 3bd/2ba units. 250 Collins is located in SOFI (South of Fifth) neighborhood, which is considered the most desirable in South Beach.
The property will be offered branded as The House Residence, a well-established international hospitality brand of hotels and residences. The brand translates into access to repeat Miami visitors from Europe and the Middle East as well as The House Collection’s international database of 40,000+ contacts. While the property is offered as a branded House Residence, if a purchaser has alternative plans for the property, this can be easily facilitated.
Miami Beach, FL 33139
Fort Lauderdale, FL 33316