Delray Beach, Florida (Palm Beach County) -Monopoly Real Estate represented national homebuilder Toll Brothers as buyers broker with the purchase of 10.97 acres at 3900 Sherwood Boulevard, Delray Beach. The Seller was New York-based TL Management |Sherwood Blvd, LLC. Currently, there is an old Christ the King Monastery of St. Clare on the property which will be demolished to construct a new single-family home community (Layton Pointe) of 31 homes starting at $1,400,000. The property is just east of Military Trail and fronts a golf course.
Vero Beach, Florida (Indian River County) - Monopoly Real Estate represented Winter Beach, LLC (Seller) as exclusive broker on the sale of 46.33-acres consisting of 118 mostly develoiped single-family lots. The lots are a mix of 75' X 120' and 80' X 125' lots.Toll Brothers is the purchaser and will build homes in their newest community: CrossBridge, By Toll Brothers. The property is located east of U.S. #1 on 69th Street.
Monopoly Real Estate was the exclusive & sole broker in the transaction.
Stuart, Florida (Martin County) - Monopoly Real Estate represented Meritage Homes of Florida with the purchase of 9.39-acres of land located on Salerno Road in Stuart, Florida. The Seller was Visiting Nurse Association of Florida, Inc. The property is part of a two-parcel land assemblage (18.92-acres) which has been successfully rezoned to create a new 117-unit townhome community to be named Edgewater Townhomes.
Stuart, Florida (Martin County) - Monopoly Real Estate represented Meritage Homes of Florida with the purchase of 9.53-acres of land on Darling Street and Salerno Road in Stuart, Florida. The Seller was 1750 Darling, LLC and 1700 Darling, LLC. The property is part of a two-parcel land assemblage (18.92-acres) which has be successfully rezoned to create a new 117-unit townhome community to be named Edgewater Townhomes.
Vero Beach, Florida (Indian River County) - Monopoly Real Estate represented Meritage Homes of Florida as Buyers Broker in the Sale and Purchase of 56.67+/- acres of land located on 8th Street and 58th Avenue, Vero Beach. The Seller was Hiers Properties. Following a 15-month zoning and entitlement process, the property was approved for the development of 150 single-family homes which will be known as Hampton Park.
Loxahatchee, Florida (Palm Beach County) - Monopoly Real Estate was the sole broker in the sale of 20-acres of prime agricultural land on Charles Green Blvd in northern Palm Beach County. The buyer was Pontano Farms a long established farmer in the area. The transaction closed within 30-days from contract.
Lake Worth, Florida (Palm Beach County)- Monopoly Real Estate was the sole broker representing both the Seller and Buyer Akel Homes-(Medjool Nurseries, LLC) of 4.5-acres, plus a house fronting Hypoluxo Road and Ranches Road. This parcel is part of a land assembledge contiguous to an earlier land acquisition.
Towns of Tidewater 69 Townhomes
Loxahatchee, Florida (Palm Beach County) - Monopoly Real Estate represented the Seller, HSU Real Property Holdings, LLC as the exclusive agent for the sale of 20.1197-acres of prime agricultural land. The property is located on Charles Green Boulevard, west of Seminole Pratt Whitney Road in northwest Palm Beach County. The transaction closed within 30-days from contract.
Lake Worth, Florida (Palm Beach County) - Monopoly Real Estate represented Akel Homes-Madjool Nurseries, LLC, the buyer in the purchase of a 4.5-acre fully operational plant nursery on Hypoluxo Road and Ranches Road. The Seller was Ocean Properties, LLC-Ziff Brothers. The well located property has full irrigation, multiple shade houses, propergating houses, a full shiipping facility, and feilds for outdoor plants and trees.
Stuart, Florida (Martin County) - Monopoly Real Estate represented Meritage Homes in the purchase of 9.45-acres on U.S 1. The property has been rezoned and approved for the development of 96 townhomes which will be called Trillium Townhomes.
West Palm Beach, Florida (Palm Beach County) - Monopoly Real Estate represented Meritage Homes in the purchase of 6.57-acres from The Fraternal Order of Police on Belvedere Road. The property has been rezoned and is approved for the development of 68 townhomes which will be called Catalina Townhomes.
Coconut Creek, Florida(Broward County)- Monopoly Real Estate sells 5 developed single-family lots in a gated community to D.R. Horton. Homes will sell from the high $600's - $800's. The community is Rainforest Estates.
Estero, Florida (Lee County) - Monopoly Group purchased from Regions Bank & PNC Bank a distressed $36,300,000.00 mortgage and notes secured by 68.91 acres of vacant, entitled, residential development land in Estero, Florida.
Estero, Florida (Lee County) - Monopoly Group purchased 412 surplus approved residential development units from The Villages of San Carlos DRI for $1,500,000 to add into it's 68.91- acres next to the DRI, allowing for a total of 844 units.
North Lauderdale, Florida (Broward County) - Monopoly Real Estate represented the investor-seller on the sale of 14 developed town house lots in the Mediterania Townhouse Community. The community was planned and approved for 58 townhomes of which 44 were built and sold by the original developer prior to losing the community to forclosure. A community pool with cabana and all infrastructure were fully completed by the original developer. North Broward County is mostly built out with very little land and a limited number of new homes available.
Tamarac, Florida (Broward County) - Monopoly Real Estate sold the remaining 28 townhouse lots in St. Moritz Tamarac to Home Dynamics. The Seller was an investor who purchased the distressed assets which included 28 lots and 4 built townhomes from a lender following forclosure. Monopoly was the sole broker facilitating the transaction.
Boynton Beach, Florida(Palm Beach County) - Monopoly Real Estate represented the Seller and Buyer (Home Dynamics ) as the sole broker in the sale of the remaining 33 developed townhouse lots at Waterside on the Intracoastal.READ MORE
Homestead, Florida (Miami-Dade County) — Monopoly Group purchased from Regions Bank an $11,500,000.00 distressed loan secured by Portofino Plaza, Villa Portofino West, Homestead, FL. at a sigificant discount. Currently Monopoly is working with the original borrowers to restructure the debt and continues to operate the project.
37 individual office condo units totaling 55,391 square feet on 3.15 acres. The total mixed-use development consists of 143,558 square feet of Office, Retail, Restaurant and Theater located on Campbell Drive at the Florida Turnpike (SW 321th Street, Homestead, Florida)
Miramar, Florida (Broward County) - Monopoly Group purchased from Banco Popular N.A. the mortgage and note secured by Boardwalk at Viscaya, an awarding winning master planned community located in Miramar, FL. At the time of acquisition, the loan collateral consisted of 30 unsold units in a 72-unit condominium project together with 117 unbuilt units.
Homestead, Florida (Miami-Dade County) - Monopoly Group purchased from Banco Popular N.A. the mortgage and note secured by Ventanas at Homestead, an awarding winning master planned community located in Homestead, FL. At the time of acquisition, the loan collateral consisted of 19 finished single family residences and 54 finished lots.
Coconut Creek, Florida(Broward County) - Monopoly Real Estate sold the remaining five developed lots in Rainforest Estates to Paragon Homes. The Investor/Seller purchased unsold homes and lots from the FDIC. Monopoly was the sole broker representing both Buyer and Seller. Paragon Homes plans to build and market single-family homes with 3,500 square feet under air from the low $500's.
Coral Springs, Florida (Broward County) - Monopoly Real Estate represented its associated entity, Vintage Homes, with the purchase of 19.7-acres of approved development land in the new Heron Bay community. The Seller was WCI Communities. The parcel will be developed to accomidate 60 single-family homes in a subdivision to be called L'Hermtage at Heron Bay.
Port St. Lucie, Florida (St. Lucie County) - Monopoly Real Estate sold 764 developed home lots on a 264-acre site located on Gatlin Boulevard and I-95. Lennar and Centex Homes split the puchase and will jointly develop a new community to be named NEWPORT ISLES. Monopoly Real Estate represented both the Seller and Buyer as the sole broker for the transaction.
Miramar, Florida (Broward County) - Monopoly Real Estate represented the developer with the acquisition and exclusive marketing for the 900-acre | 2,218 unit MONARCH LAKES community. The community is located on Miramar Parkway due east of I-75. Monopoly Real Estate was the sole broker representing the transactions.
Miami Gardens, Florida (Miami-Dade County) - Monopoly Real Estate represented the Seller and Buyer of 765 developed residential lots on 49.83-acres. The site is located on County Line Road at the Broward County | Miami-Dade County border. D.R. Horton was the Buyer and they will build a new community to be named Majorca Isles.
Miami Gardens, Florida (Miami-Dade County) - Monopoly Real Estate represented the Buyer of 49.83-acres on County Line Road and The Florida Turnpike. The site is approved for the development of 765 homes.
Stuart, Florida (Martin County) - Monopoly Real Estate was the sole broker for the sale of 323+/- acres on Kanner Highway. The property was purchased by a partnership of CENTEX HOMES & LENNAR HOMES. The buyers rezoned the property and will build 650 homes to be named MARTINS CROSSING.
