Brick O. Real Estate has announced plans to start construction on a new townhome community in Fort Lauderdale by May of 2016. The new project, The Reserve at Edgewood, will feature 105 townhomes with prices starting at $300,000. The gated community will sit on a 7 acre parcel in the Edgewood neighborhood on SW 15th Avenue just north of I-595 and east of I-95 near the Fort Lauderdale/Hollywood International Airport. The new development is FHA compliant so properties can be purchased with as little as 3.5 percent required for down payment.
“We see a huge opportunity to build well-appointed, modern homes at an attainable price point in urban Fort Lauderdale,” said Daniel Avakian, founder of Brick O. Real Estate. “The Reserve at Edgewood has been thoughtfully planned to provide all the desirable amenities in both the residences and the community that today’s homeowners are seeking. And, we’re situated in a location that’s convenient to work and play.”