Discover Waterset: A Premier Build-to-Rent Community in Apollo Beach, Florida
Waterset Community Welcomes New Build-to-Rent Development: A Game Changer for Apollo Beach
Apollo Beach, FL – In a significant boost to the thriving Waterset community, Berkadia has announced the sale of a prime 25.66-acre build-to-rent (BTR) development site, marking a new chapter in upscale living just 12 miles south of Downtown Tampa. This strategic acquisition by national homebuilder Taylor Morrison, through its innovative Yardly brand, promises to enhance the community’s appeal and meet the growing demand for rental housing in the region.
Waterset, a meticulously planned 2,734-acre community, is renowned for its blend of upscale residential neighborhoods, lush green spaces, and modern amenities, including parks, trails, and vibrant retail areas. The community has become a magnet for a diverse demographic, attracting young professionals, families, and empty nesters alike, making it one of the most sought-after locations for both homeownership and rental living in the Tampa Bay area.
The newly acquired site, currently vacant, will be transformed into a premier lower-density build-to-rent community featuring a mix of one- to three-bedroom single-family rental homes, each complete with private backyards. Residents can look forward to an array of amenities, including a pool, clubhouse, fitness center, pet park, and pickleball courts. This development will be the first of its kind within Waterset, diversifying housing options and catering to the increasing demand for rental properties.
“The sale of this site to Taylor Morrison’s Yardly brand reflects the increasing demand for build-to-rent communities, particularly in prime locations like Waterset,” stated Matt Mitchell, Senior Managing Director at Berkadia. “Brookfield Residential’s decision to partner with Yardly Taylor Morrison for this development further underscores the strength and growth potential of Waterset, making it one of the most attractive communities in the Tampa Bay area.”
Darin Rowe, President of Taylor Morrison’s Yardly brand, expressed enthusiasm about the project, stating, “We couldn’t be more excited to be invited into an incredibly well-planned masterplan that is Waterset and provide a unique rental housing option that is sought after by so many in Florida and elsewhere.”
As the demand for rental homes continues to rise, this development is poised to offer a fresh alternative to traditional apartment living, aligning with the evolving preferences of today’s renters. With more than 30 properties across the country, Taylor Morrison’s Yardly segment is dedicated to reimagining residential living, providing functional and stylish homes that cater to modern lifestyles.
Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, remains at the forefront of the commercial real estate industry, delivering comprehensive solutions for multifamily and commercial property clients. Their expertise has played a crucial role in facilitating this landmark transaction, further solidifying Waterset’s reputation as a premier destination for living in the Tampa Bay area.
As Waterset continues to grow and evolve, the addition of this build-to-rent community is set to enhance the lifestyle offerings for residents and contribute to the overall vibrancy of Apollo Beach. With its unique blend of upscale living and community-focused amenities, Waterset is not just a place to live; it’s a place to thrive.