Lakewood Ranch

RESIDENTIAL COMPLEX IN FLORIDA

„With Orlando’s strong rental market, high demand and low supply, project Altamonte is the perfect opportunity to invest in the thriving real estate market of Orlando

Marek Klaus, Partner ICP Group

Type: Size: Acquisition:
Residential Development 160 units January 2022

Project Lakewood Ranch is a 160-unit, 55+ rental community in Lakewood Ranch, Florida, near I-75 and the University Parkway corridor.

The development offers a range of amenities including a 10,000+ SF clubhouse, community room for resident functions, management office, a Starbucks-inspired lounge area that includes a game room and cyber cafe, state-of-the-art spa-like wellness and fitness center, yoga and spin room, and a conference room/business center. The courtyard will feature a resort-style pool with tropical landscaping, expansive sundeck, poolside cabana with summer kitchen and grilling stations, and an area for cornhole and bocce ball courts. The project will also feature an activities director and will provide concierge services as well as daily continental breakfast and happy hours.

All units will feature luxury interiors including 9ft. ceilings, vinyl wood plank flooring, stainless steel appliances, quartz countertops, designer ceramic tile backsplashes, bedroom ceiling fans, outdoor balconies (select units), and energy and water conservation features designed to lower monthly resident utility bills. There will be chef-inspired gourmet kitchens with upgraded fixtures, USB outlets, and 42” upper cabinets. Units will feature spacious walk-in closets and full-size washer and dryers.

Project Lakewood Ranch is a great opportunity to invest in the thriving rental market of Sarasota with high occupancy rates and strong job market. The development is located in a prime location, which offers a wide range of entertainment, fitness, shopping, and dining options.