Kaplan Residential Acquires 20-Acre Development Site In Englewood For $5.2M

Kaplan Residential has purchased a 20-acre site in Englewood, Florida, for $5.2 million. The development site is located at 201 Pine Street and is designated for the construction of Generation Englewood, a 306-unit apartment community.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $5,200,000
• Address: 201 Pine Street
• Market: Englewood
• Acreage: 20 acres

Generation Englewood will feature high-end amenities, elevators, and a prime location near Wellen Park and the Atlanta Braves spring training facility. The development is expected to attract a diverse mix of residents, capitalizing on the growing Englewood market.