Monarch Lakes – Miramar, Florida
Overview:
Monopoly Group worked with a long time client to locate, acquire, plan, develop, market and ultimately sell out 2,218 residential units on 900 acres in Southwest Broward County, Florida. Miramar is a bedroom community for both Miami and Fort Lauderdale, located on the Broward County and Miami-Dade County line. The community is situated thirty minutes from both cities and nearby Interstate-75, The Florida Turnpike, abundant shopping, two international airports and two major seaports. Monarch Lakes was developed into a self-contained community incorporating sixteen separate sub divisions, a multi-family rental community, a full complement of recreational amenities, its own elementary school and community retail. The developed pods were sold to six separate builders.
Results:
Over a period of approximately three years, the property was acquired, planned, approved, developed and sold out. The development of the property included: clearing, dredging, infrastructure, and the construction of two major roadways (Miramar Parkway and Flamingo Road) bordering the community. Monopoly was the Exclusive Broker representing the community.
Summary:
Monopoly worked as an integral component assisting the developer throughout the entire process from start to completion. We have maintained a close and active ongoing relationship with the developer on this and many other communities for over twenty years.
