Minto Communities USA has a deal to sell the remaining 130 lots for single-family home construction at a residential development in Port St. Lucie.
Minto announced that it expects to close a sale of the lots to Kennedy Homes LLC this month. Minto didn’t disclose terms of the deal.
The developed, single-family detached lots are in LakePark, the next phase of Tradition, a master-planned community in Port St. Lucie.
LakePark at Tradition, expected to open early next year, will have age-restricted houses and villas for adults 55 and older.
Kennedy Homes is planning to build three model houses at LakePark ranging from 1,950 square feet to 2,350 square feet with standard golf cart storage in garages.
This is a return to Tradition for Kennedy Homes, which previously built Heritage Oaks, a 630-home cluster at the master-planned community.
Prices start in the low $200,000s for the villas, ranging in size from 1,503 square feet to 1,862 square feet. Floorplans have two bathrooms, a two-car garage and two or three bedrooms. – Mike Seemuth