Pulte Residences is planting 60 new single-loved ones homes in Davie, after spending $20.5 million for a former nursery site.
An affiliate of Atlanta-dependent Pulte obtained the approximately 31-acre home at 8220-8260 Southwest 48th Court and 4891 and 5077 Southwest 82nd Avenue, data and Vizzda exhibit. The offer breaks down to about $661,290 an acre, or $341,667 for every homesite.
Pulte strategies on producing a single-household dwelling neighborhood identified as Marigold, according to the developer’s website. The 5 dozen planned households will feature modern day farmhouse architecture and sights of a lake. Selling prices will start earlier mentioned $1 million, a press release states.
The vendor, an affiliate of Coconut Grove-centered TM Serious Estate Team, paid out $4 million for the previous Naugle’s Nursery web-site in 2018, information present. The multifamily developer experienced earlier sought to build a 254-device condominium job in 2021, but TM Actual Estate did not move ahead with the prepare, metropolis data exhibit.
Led by CEO Ryan Marshall, Pulte is a single of the greatest homebuilders in the U.S., setting up one-spouse and children houses and townhouses in 45 marketplaces throughout the country, the release states.
In December, Pulte paid out $30.3 million for 43.6 acres, or $695,300 for each acre, in unincorporated Palm Beach front County. As a result of its DiVosta Houses subsidiary, Pulte options to acquire Greyhawk Landing, a local community of 131 one-family properties.
In 2022, Pulte also picked up a pair of enhancement web sites in Broward and Palm Beach front counties. The developer obtained 6.7 acres in Plantation where by Pulte is scheduling Emory, a local community of 86 townhomes. TM True Estate also offered that development web page to Pulte for $6.9 million. The property is inside Plantation Midtown Square, a 25-acre combined-use job by TM Serious Estate that consists of 480 residences and 21,500 square ft of retail.
The exact same yr, Pulte compensated $8 million for 80 plenty at Avenir in Palm Beach Gardens, a master-prepared community with properties constructed by numerous builders, which include Toll Brothers and Akel Homes.
