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Orchid Grove

Product Type

62 Townhomes & 322 Homesites


Pompano Beach, FL


Completed 2014

13th Floor acquired Orchid Grove through a foreclosure acquisition in April 2010. Orchid Grove consists of 62 townhomes and 322 partially-developed homesites in Pompano Beach, Florida. 13th Floor completed construction and sold the townhomes to a “bulk” investor and then revised the site plan and completed development of the remaining homesites, ultimately selling the homesites to a national homebuilder through staged takedowns. 13th Floor also acquired and resold the CDD bonds that funded this community.