South Florida developer opens latest build-to-rent project in Palm Beach County

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Solera at Avalon Trails already over 50% leased as it opens to residents.


By Joshua Andino

13th Floor Homes has completed its latest build-to-rent development in Delray Beach, Florida, as Solera at Avalon Trails opens to residents.

The division of Miami-based 13th Floor Investments opened the newbuild-to-rent community at 14800 Cumberland Drive.

The rental complex is just five miles west of downtown Delray Beach in Palm Beach County. The luxury community for those 55 and older includes74 single-story villas ranging from 1,300 square feet to 1,450 square feet with two- and three-bedroom floorplans. Rental rates range from$3,400 to $4,000 a month.

The property is already over 50% leased, the company said in a statement.

Completing Solera at Avalon Trails represents a “significant step in meeting growing demand for high-quality 55-plus housing in South Florida,” said Mike Nunziata, division president at 13th Floor Homes, in the statement.

The villas come with impact-resistant windows and doors, shaker-style wood cabinetry, stainless steel appliances and quartz countertops.

The new community offers weekly resident programming organized by an in-house coordinator, alongside a clubhouse with a fitness center, card rooms, café, arts and crafts room, and theater. A resort-style pool and lap pool, alongside pickleball and tennis courts, are also available.

“With luxurious homes and a wide range of amenities, this community offers active adults a vibrant, carefree lifestyle,” said Nunziata.

Other recently completed build-to-rent projects from 13th Floor Homes include the 220-unit Villas of Torino and the 126-unit Tredici at Central Park in Port Saint Lucie. The developer also has 34 single-family homes for sale in Fort Lauderdale, with plans for another 335 homes in Tamarac.