Siesta Lakes, a luxurious 412-unit rental community in Cape Coral, Florida, is now open for leasing thanks to the joint efforts of Shoreham Capital, Bridge Investment Group and Wynkoop Financial. The project includes nine buildings and a clubhouse that houses the leasing office.
The development was made possible by a $66 million construction loan secured in September 2023. Construction is expected to be completed by the second quarter of 2025.
In July 2022, the partnership acquired the prime location for Siesta Lakes – spanning over 26 acres within an Opportunity Zone. Situated at186-264 Tierra De Paz Loop,the property offers one-, two-, and three-bedroom floorplans with high-end finishes as well as top-notch amenities such as a resident lounge, fitness center with flex room options,a pool area,EV charging stations,a co-working space,minimart,and pickleball court.
Each unit boasts private balconies overlookingthe serene lagoon on site.Rental prices range from $1,400 to $2 ,200 per month,making it an attractive option for those seeking luxury living in Cape Coral.The Investor Trio behind this impressive venture welcomes tenants to experience all that Siesta Lakes has to offer.
