They’re Back… New South Florida Community Sells 73 Pre-Construction Homes in Two Hours
New Boynton community sells 73 homes in two hours
What could go wrong?
Construction will be started this fall. Just in time for the latest foreclosure wave of homes to hit the market.
Valencia Cove, a new GL Homes community in Boynton Beach, sold 73 homes in just two hours during its grand opening weekend.
When the dust settled, a total of 74 homes were sold on April 20-21 for a total of about $35 million.
Marcie DePlaza, division president for GL Homes, said she hadn’t expected so many eager buyers, some of whom were waiting in line when the sales office opened.
“This is our eighth Valencia community in Palm Beach County and there is tremendous pent up demand for lots, especially select lots,” DePlaza said. “We had more than 2,300 people on our waiting list to get more information about Valencia Cove.”
The 55-plus development located on Lyons Road between Boynton Beach Boulevard and Atlantic Avenue features a 39,000-square-foot clubhouse on more than 10 acres of recreation space. The 823 homes in the community are priced from nearly $400,000 to about $650,000.
DePlaza said construction will begin in the fall with the first homeowners moving in during the summer of 2014.