M/I Homes’ Estuary at St. Johns in Sanford is Underway

SANFORD – M/I Homes has started development of its newest Central Florida community – Estuary at St. Johns –located on Orange Ave. less than one-half mile from Orange Creek in East Seminole County.

The five floor plans offered in the single-family home community will range from 1,610 square feet of living space for the Markham model to nearly 3,000 square feet for the Halifax, according to David Byrnes, M/I Homes’ Area President. 

Home prices in the intimate community of only 65 lots are expected to range from $290,000 to $400,000, Byrnes said, adding that sales are expected to begin in the first quarter of 2020.

“Estuary at St. Johns is aptly named for its beautiful location along one of the many tributaries of the upper St. Johns River,” Byrnes said. “And, with unique plant and animal communities, it’s no wonder that the St. Johns is the most significant recreational river in Florida and the Bass Fishing Capital of the World.”

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NAI Realvest Negotiates $1.05 Million Value-Add Investment Purchase of Warehouse Building in DeBary

DeBary, Fla. – Orlando-based NAI Realvest recently negotiated the $1,050,000.00 acquisition of a 14,400 square foot warehouse building on a one-acre site in DeBary’s Spring View Industrial Park off U.S. Hwy 17-92.

Partner Paul P. Partyka, CCIM, MICP represented Buyer Venilal Enterprises, LLC a Winter Springs-based investor who owns multiple properties and businesses in central Florida.

The NAI Realvest team of Kevin O'Connor and Matt Cichocki represented the Seller, Harbir Properties, LLC of Maitland.

The building constructed in 2005 at 403 Chairman Ct. was 100 percent leased at the time of the sale and the buyer plans to continue leasing the property.

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About NAI Realvest

NAI Realvest, serving all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 400 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.NAIrealvest.com.

Ultimate Five Star Luxury Vacation Villa in Reunion Resort Hits the Market at $9.75 Million

ORLANDO -- Joyce Marsh, Regional Manager at Regal | Christie’s International Real Estate announced that the firm has secured the listing for Isolé Villa at 1297 Grand Traverse Parkway. Central Florida’s only five star vacation villa is being offered at $9.75 Million.

Located in Reunion Resort, the custom luxury home was built in 2017 as a vacation villa with 15 bedrooms, 17 full baths, and 6 half baths. The luxurious villa has 19,469 square feet of living space and 23,131 square feet of total indoor and outdoor living space.

A soaring grand entrance, raised piano salon, and 40-seat formal dining room and a board room are among top interior features along with a stunning contemporary kitchen and a separate fully-equipped commercial kitchen.

Amenities include a 19-seat home theater, cigar bar, game room, indoor basketball court and a full service luxury spa that boasts a Turkish steam room, dry redwood sauna, Zen lounge, fitness center and massage room.

The virtual leisure palace that currently rents for up to $50,000 per week comes with its own multi-level infinity edge pool and Jacuzzi, outdoor dining, outdoor billiards, plus a huge summer kitchen and outdoor bar that serve numerous lounge areas for soaking up the Florida sun.

This exclusive residence comes with the absolute finest in finishes and furnishings including an artwork collection all included in the purchase price.

The destination community of Reunion Resort, six miles from Disney off I-4 West and CR 532, features three professional golf courses, a five-acre water park and six restaurants.

Chris and Julie Christensen, Principals who specialize in luxury properties throughout central Florida are representing Isolé Villa. “This is a rare opportunity for some savvy buyers. This incredible property can be operated as a small hotel or exclusive bed and breakfast,” said Chris Christensen.

For more information call Regal | Christie’s International Real Estate 407-749-0700

* Link to Photos – http://www.1297grandtraverse.com/

About Regal | Christie’s International Real Estate

With offices in Orlando, Winter Park, Celebration, Lake Mary and Clermont Regal | Christie’s International Real Estate is the only central Florida affiliate for the prestigious Christie’s International Real Estate worldwide luxury brand. With a rich history, the Christie’s auction house is a globally recognized iconic brand. “We bring the world’s most desirable luxury homes to the world’s most discerning buyers,” added Chris Christensen.

NAI REALVEST NAMES SENIOR DIRECTOR

Arnaldo Oliveras

ORLANDO -- NAI Realvest, a full-service commercial real estate firm based in Orlando has named Arnaldo Oliveras, MBA, CLS, as Senior Director.

Patrick Mahoney, President and CEO of NAI Realvest, said Oliveras has an extensive and versatile background in commercial real estate and his career spans more than 15 years.

He is currently the managing partner and principal of NAI Puerto Rico and will retain that position in tandem with his new role at NAI Realvest specializing in acquisitions, development, representation of local and national retailers and restaurants, and landlord representation in both the retail and office sectors.

NAI Puerto Rico was previously known as Space Mart Retail and Retail Solutions and he has held the principal role since 2009. Prior to joining Space Mart, Oliveras was an associate at Developers Diversified Realty specializing in leasing and collections.

A licensed real estate broker in Florida and Puerto Rico, Oliveras holds an MBA in Global Management and is a licensed instructor of commercial real estate and public speaker.

His professional memberships include the International Council of Shopping Centers, CCIM Institute, Orlando Economic Partnership, Orlando Regional Chamber of Commerce, Hispanic Chamber of Commerce of Metro Orlando and the Puerto Rico Chamber of Commerce.

His awards and recognitions include Caribbean Business People to Watch 2012-2014; Companies in Motion 2011-2013; 40 Under 40 in 2011 and Caribbean Business Influential Business Men 2011-2017.

“Arnaldo is one of the most experienced and respected commercial real estate brokers in Florida and the Caribbean with a well-rounded background and exposure to all facets of the industry in the local, national and international arena,” said Mahoney. “He will play a vital role in our continued growth.”

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About NAI Realvest

NAI Realvest, serving all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 400 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.NAIrealvest.com.

Hold-Thyssen Closes on Nine Office, Flex Leases within 30 Days At Edgewater and Kirkman Commerce Centers in Orlando

WINTER PARK --- Hold-Thyssen, Inc., a full service commercial property firm based in Winter Park, closed on nine multi-year leases – five at Kirkman Commerce Center and four at Edgewater CommerCenter within 30 days.

Kirkman Commerce Center

The Hold-Thyssen team of Alex Rowlinson and Troy Stevens represented the south Florida-based landlord /owner of both facilities.

Office and Flex space at Kirkman Commerce Center, 701 S. Kirkman Rd., was leased to

Sonic Transportation – the logistics company with HQ in Tampa leased 6,000 SF;

Let’s Beehive –the non-profit who educates people about HIV and AIDS - 1,084 SF;

American Premier Security & Sound for home and commercial systems - 2,400 SF;

Cold Wall, a local A/C and heating company leased 813 SF; and

Marcoh Realty, a local general real estate firm lease 626 SF.

Edgewater Commerce Center

Flex space 1,000 SF each leased at Edgewater Commerce Center, 6250 Edgewater Drive to

Evergreen Christmas Lighting, a full-service lighting company specializing in decorations;

AC’s Heating and Air, a local commercial and residential A/C service company;

Carney Electric, a local electrician who has been a long-term tenant at Edgewater, and

Clement’s Pest Control

Hold-Thyssen, Inc. provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide. The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States.

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