(PRWEB) June 30, 2011
River Club, a private 120-acre residential community on A1A, and the last new home community on the scenic barrier island , kicks off summer with the release of unique homesites and the presale of River Club’s new homes at improved pricing. Single family homes, including homesite, start from the low $600,000s to more than $1 million. Riverfront estate homes are available from $1,675,000 million and up.
Palm Coast Development, the community’s exclusive builder, will launch six new floorplans. “The Cottage Series,” designed especially for River Club, will be priced from the $600,000s. River Club features more than 15 acres of sparkling lakes and water views from 70 homesites, including 13 overlooking the Intracoastal Waterway. “We are delighted to have the opportunity to contribute our unique capabilities toward the success of River Club,” stated Robert McNally president of Palm Coast Development. “We’ve worked long and hard to develop a handsome product line that’s priced competitively but doesn’t compromise on the quality that Palm Coast and River Club are known for.” More than 50 percent of River Club’s planned 179 residences have been sold to date. Sales office hours are Wednesday through Sunday, 11 a.m. until 4 p.m. For sales office call 772-231-5198. For more information call Jack Rodgers 954-448-1771.
An affiliate of Ironshore Capital, LLC, River Club’s new owner, recently acquired, revitalized and stabilized the project using no debt. “This makes River Club uniquely desirable for several reasons,” states Jack Rodgers, Ironshore’s representative residing in Vero Beach. “Many communities would have to operate at a loss to sell homes of River Club’s quality at comparable prices. Because we acquired and recapitalized River Club in 2010, we can profitably offer a quality product priced for a post-bubble market. River Club offers the assurance of financial stability, relief from the legacy issues that plague many communities, and an amenity/infrastructure package that could not feasibly be duplicated if you started from scratch today,” explains Rodgers.
River Club residents enjoy outstanding amenities such as tennis, swimming, relaxing on the beautifully landscaped pool terrace or exercising in the well-equipped fitness room at the Tennis and Fitness Center. The River Club, overlooking the unspoiled riverfront, is the heart of the community where residents can socialize and entertain friends. Four private guest suites are available for overnight guests of residents.
The developer has also applied for a permit to create 24 boatslips for residents. Once permitted, boat slip availability is anticipated by early 2012.
About Ironshore Capital LLC
Ironshore Capital LLC invests in and manages residential real estate investments across the Southeast United States. The company’s principals average more than 25 years experience in residential and commercial real estate investment and development. The firm’s investment capital is provided primarily by institutional investors.