The Real Deal Miami

Victoria Park development with 30 homes sells out

New Urban Communities developed the residential project in a joint venture with BBX Capital Real Estate
July 07, 2018 02:15PM

The Village at Victoria Park near downtown Fort Lauderdale

A division of BBX Capital Corp. and its Delray Beach-based partner New Urban Communities announced that they sold all 30 homes at The Village at Victoria Park in Fort Lauderdale.

New Urban Communities developed The Village at Victoria Park in a 50/50 joint venture with BBX Capital Real Estate, a division of Fort Lauderdale-based BBX Capital Corp., the corporate successor of former bank holding company BankAtlantic.

Sale prices ranged from the high $600,000s to the low $900,000s at The Village at Victoria Park, located near downtown Fort Lauderdale on a 2.3-acre parcel in the Victoria Park neighborhood that had been part of the original headquarters of BankAtlantic.

The gated community has 30 two-story homes with private courtyards, 10-foot ceilings, two-car garages and open floor plans.

Most of the buyers are local professionals, business owners and empty nesters. The Village at Victoria Park also attracted buyers of second homes from northern and mid-Atlantic states. – Mike Seemuth