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Sarasota-Manatee
Business Observer Monday, May 4, 2020 2 months ago

Master-planned community unveils first single-family for-rent community

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Estia will include 102 one-bedroom duplexes and 128 two-bedroom houses.

LAKEWOOD RANCH — Master-planned community Lakewood Ranch and Zilber Residential Group, the multifamily division of Zilber Ltd., announced plans to open Estia at Lakewood Ranch, a new single-family for-rent community. 

Estia at Lakewood Ranch is off Lakewood Ranch Boulevard, adjacent to Bob Gardner Park. It will include 230 residences, including 102 one-bedroom, 725-square-foot units within 51 duplexes and 128 stand-alone, 1,000-square-foot, two-bedroom homes, according to a press release. 

Estia’s residences are currently under construction and expected to be available for move-in this fall. The model homes and clubhouse are expected to be completed and open this summer.

Each home will have private, fenced-in backyards, screened-in patios and built-in dog doors. The community will have an amenity center with a pool, fitness center, community room and dog park, the release adds. 

“We’re thrilled to introduce one of Florida’s first premium, single-family for-rent communities here in Lakewood Ranch and expand upon the variety of housing options available to our prospective residents,” says Kirk Boylston, president of Lakewood Ranch Commercial, in the statement. “For many renters, these new units will serve as strong starter homes and a potential stepping stone to ownership of a more traditional, single-family home in Lakewood Ranch.”

Zilber’s additional communities developed in Lakewood Ranch include Echo Lake Apartments, Waterfront at Main Street Condominiums and the single-family home community LakeHouse Cove at Waterside.

Zilber is a full-service real estate company with residential and commercial capabilities. It has operated for over 70 years, investing, building and managing real estate throughout the U.S. Zilber has developed single-family homes, condos and apartments in Lakewood Ranch for more than 20 years under the Homes by Towne and Zilber Residential Group brands. 

Founded in 1994, Lakewood Ranch spans more than 33,000 acres in Manatee and Sarasota counties. It includes more than 41,000 residents in over 20 villages and more than 5.5 million square feet of commercial property.

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