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Residential

May 13, 2024

Ceiba Groupe & Willow Bridge Property Unveil 106 Luxury Townhomes Near Pompano Beach

Ceiba Groupe unveils ID Oakland Park, a new luxury build-to-rent townhome community managed by Willow Bridge Property Co.

Ceiba Groupe & Willow Bridge Property Unveil 106 Luxury Townhomes Near Pompano Beach
Traded Media
Traded Media

Traded Editorial

1 min read

Ceiba Groupe unveils ID Oakland Park, a new luxury build-to-rent townhome community managed by Willow Bridge Property Co. The project, designed by Diaz + Lang Architects, boasts 106 units and is situated on a 6.6-acre site acquired by Ceiba in 2016.

ID Oakland Park – Ceiba Groupe

Luxurious Living Spaces and Amenities

ID Oakland Park offers a variety of three- and four-bedroom floorplans, ranging from 1,459 to 1,916 square feet. Residences feature upscale amenities including 10-foot ceilings, in-unit laundry facilities, and private backyards and patios. The community's common-area amenities include a fitness center, clubhouse, swimming pool, and dog park.

Prime Location

Conveniently located at 1001 NE 58th St., ID Oakland Park provides easy access to nearby attractions. It is situated approximately 4 miles from Pompano Beach and roughly 6 miles north of Fort Lauderdale. Additionally, the community is just 3 miles from Lauderdale-by-the-Sea Beach and less than a mile from the Northridge Shopping Center.

Strong Demand for Single-Family Rentals

The opening of ID Oakland Park comes at a time when single-family rental properties are in high demand nationwide. According to a recent Yardi Matrix report, national single-family rental rates increased by 1.2 percent year-over-year in March, reaching $2,144. While occupancy rates experienced a slight decline in February, they remain strong at 95.3 percent.

#Florida#Residential
Published: May 13, 2024Last updated: May 14, 2024