Category: News Article

Arrowhead Reserve reports year’s closings as final home sites sold

FL Star is reporting 45 closings for 2021 as the final home sites have sold out at Arrowhead Reserve, a community of single-family homes located off Lake Trafford Road in Immokalee.

“All of the 150 homes sites in the community have been sold,” said Gary Hains, vice president of FL Star, developer of Arrowhead Reserve. “We have 45 closings to report for 2021. We expect to close the final 28 homes by April 2022.”

Hains said that the community has experience a fast and steady pace of sales, with buyers taking advantage of low interest rates and FL Star’s pricing for new construction, which remained among the lowest in the area.

“The quality of construction and the interior features included was a big draw for buyers,” he said. “We included many items that are upgrades with other builders, such as wooden kitchen cabinets with granite countertops and all kitchen appliances, and washer and dryer in the laundry room.”

The fact that FL Star’s sales representatives worked with buyers to secure the best financing options available made the process easier for buyers, he noted.

“Immokalee is a great community for families,” Hains said. “There are so many recreational opportunities in the area. Nearby is the 1,500-acre Lake Trafford, which tourism brochures describe as ‘a fisherman’s utopia’. There is the excellent farmer’s market and live entertainment at the Seminole Casino Hotel. All that is available in the area added to the community’s attraction.”

For more information about FL Star, visit FL-Star.com. FL Star is a conglomerate of real estate entities lead by David E. Torres and Gary Hains. FL Star’s current projects include Vanderbilt Apartments, a new 48-unit apartment community on Vanderbilt Beach Road; Hammock Park Apartments, a 265-unit community soon to start construction at the corner of Collier Blvd. and Rattlesnake Hammock Road; Milano Lakes, a 296-unit luxury apartment community, and Sapphire Cove, a new residential community in South Naples. FL Star is also building a selection of single-family homes in Golden Gate Estates and custom homes throughout Naples. In addition to construction and development activities, the company provides management services for commercial and industrial buildings for real estate owners and condominium associations including maintenance, collection of rents and financial reporting.

Source:
https://www.naplesnews.com/story/money/real-estate/2021/12/04/arrowhead-reserve-reports-years-closings-final-home-sites-sold/8795090002/

FL Star expansion prompts new office opening

As part of the company’s on-going expansion, FL Star has opened a new office at 3520 Kraft Road in Naples.

“We have begun new projects throughout Naples, with two new multi-family communities, single-home construction in several areas and additional commercial projects,” said Gary Hains, vice president of FL Star. “The new office is centrally located off Pine Ridge Road to enhance our presence and access to all of our projects. This is one more aspect of our on-going expansion.”

A conglomerate of real estate entities lead by David Torres and Gary Hains, FL Star’s current projects include Vanderbilt Apartments, a new 48-unit apartment community on Vanderbilt Beach Road; Hammock Park Apartments, a 265-unit community soon to start construction at the corner of Collier Blvd. and Rattlesnake Hammock Road; Milano Lakes, a 296-unit luxury apartment community, and Sapphire Cove, a new residential community in South Naples. FL Star is also building a selection of single-family homes in Golden Gate Estates and custom homes throughout Naples. In addition to construction and development activities, the company provides management services for commercial and industrial buildings for real estate owners and condominium associations including maintenance, collection of rents and financial reporting. For more information visit FL-Star.com.

Source:
https://www.naplesnews.com/story/money/real-estate/2021/11/27/fl-star-expansion-prompts-new-office-opening/8723941002/

Golden Gate Estates acreage draws eager buyers

New home buyers eager to secure acreage with the advantage of new construction are aggressively hitting the market to purchase available new homes before completion.

“This is a situation that we are seeing over and over,” said Jim Borden, sales professional with FL Star. “Almost as soon as our signs go up on the property, we are getting calls that lead to quick sales. The home sites that encompass acreage have a lot of appeal to families who want to create their own outdoor recreation area, enjoy real gardening or have space for their animals.”

Borden noted that less than a month ago he announced the availability of five homes; all five were sold pre-construction.

“There are so many advantages to buyers to secure a home pre-construction that it really isn’t surprising,” Borden said. “In the first place, people know that such large home sites are not readily available, so they want to move quickly when one becomes available. There is also the very important benefit of being able to choose many of the features to make the home uniquely their own.”

Borden said buyers have options when it comes to color, interior finishes, countertops, cabinets, flooring and appliances as well as other features FL Star can incorporate into the home.

“A big advantage for buyers is the fact that FL Star allows buyers to make modifications to their designs, creating a home that uniquely fits their needs,” Borden said. “Many home builders do now allow changes to the designs they offer.”

FL Star offers a variety of floor plans for the area, including four-bedroom/two-bath designs and three-bedroom plus study/two-bath plans, ranging from 1,487 air-coonditioned square feet to a spacious 1,915 air-conditioned square feet. Interior features include luxurious granite countertops, undermount sinks, 42-in cabinets, and wood-look laminate flooring throughout. A stainless steel appliance package, washer and dryer and central irrigation of the sodded areas are included in the price of the home.

“We sold 24 homes in 2020,” Borden said, “and at our current pace, we expect to sell around 30 this year.”

For more information about Golden Gate Estates opportunities, contact Jim Borden with FL Star Realty at 239.451.8153, email jim@fl-star.com.

FL Star is a conglomerate of real estate entities headed by David E. Torres and Gary Hains, who offer more than 40 years of combined experience in the construction industry. Other projects by FL Star include Milano Lakes, a luxury apartment community located off Collier Boulevard in Naples, Sapphire Cove, a new community of single-family homes also located off Collier Boulevard, and Arrowhead Reserve, a community of single-family homes in Immokalee. FL Star also provides management services for commercial and industrial buildings for real estate owners and condominium associations including maintenance, collection of rents and financial reporting.

Source:
https://www.naplesnews.com/story/money/real-estate/2021/05/22/golden-gate-estates-acreage-draws-eager-buyers/5144453001/