Saulo Perez Proposes 978-unit Apartment Complex to Replace Ft. Lauderdale Mobile Home Park

Developer Saulo Perez aims to construct a 978-unit apartment complex at the Pan American Estates Mobile Home Park in Fort Lauderdale, signaling a significant redevelopment project in the Cypress Creek neighborhood.

Project Details and Phases
Designed by MSA Architects, the complex is planned in three phases. Phase I includes 329 apartments in five five-story buildings alongside a lake. Phase II comprises 290 units in four five-story buildings and four townhouses. The final phase features an eight-story building with 355 units, totaling 1,544 parking spaces.

Design and Concept
The project's design draws inspiration from Rosemary Beach, known for its architectural style reminiscent of the French Quarter in New Orleans, adding a unique touch to the area's aesthetics.

Developer Background and Affiliations
Saulo Perez, through Cypress Development LLC, acquired the mobile home park site and has a history with Trammell Crow Residential. Perez's real estate firm, REZFlorida, is leading the redevelopment efforts, as represented by attorney Stephanie Toothaker.

Trend in Mobile Home Park Redevelopment
The Pan American Estates redevelopment reflects a broader trend in South Florida, where mobile home parks are being redeveloped into mixed-use multifamily projects. Other notable projects include Ram Realty Advisors' proposal near North Miami and redevelopment plans by entities managed by David Mordekhay, Tom Grinberg, and Gary Otto in Miami-Dade County.

The proposed apartment complex at Pan American Estates signifies a substantial transformation in Fort Lauderdale's housing landscape, aligning with the ongoing trend of mobile home park redevelopment across South Florida.