The Real Deal Miami

Minto plans to sell 130 lots for Port St. Lucie homes this month

Kennedy Homes would acquire the lots in the next phase of the master-planned Tradition community in Port St. Lucie
September 16, 2018 12:00PM

LakePark at Tradition in Port St. Lucie

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.

Minto’s ongoing development of LakePark at Tradition includes the final phase of a community called Harbour Collection. Minto released 184 villas in the final phase for sale on Friday.

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