The Real Deal Miami

Sobel to break ground on Pompano Beach residential development

June 15, 2011 11:09AM

National developer Sobel Co is jumping back into the Florida residential market by breaking ground on Barefoot Beach Villas, a boutique gated community with 34 two-story coastal townhome villas in Pompano Beach. Construction is slated to start in the next few weeks and the homes will be released this summer to those who have registered for a preview sales event.

Preconstruction pricing starts from the $290’s, the company said in a statement.

“South Florida remains one of the most desirable lifestyle destinations on the planet, the market is stabilizing and prices — for land, construction and housing — are back to earth. We see a real window of opportunity, for us and homebuyers alike,” said Sam Sobel, chairman of Sobel Co. “These prices, just steps to the beach, for a new home, represent the kind of value the market has been waiting for.”

Residences will overlook a landscaped courtyard with a heated pool, cabanas, and gathering areas and buyers can select their own interior finishes.

A team from Baker Real Estate, headed by veteran broker Jack Holkowich, will serve as the exclusive sales representatives. TRD