Costa Del Sol garners interest on Florida’s Intracoastal Waterway

Costa Del Sol's boardwalk offers islands for picnics and a pier for fishing
  • Lots in Costa Del Sol start at $125,000 and go up to $500,000.
  • Only 13 of 62 lots remain.
  • Hines is the real estate firm behind the development.

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A new crop of homes entered the market in Palencia at the Costa Del Sol neighborhood. Featuring 62 lots, some of which offer views of the Intracoastal Waterway, the newest neighborhood located on three holes of Palencia's championship golf course is selling out quick. Of the 62 lots that were available, only 13 remain. A majority were purchased by end-users while a small batch were retained by the three developing contractors for model and spec homes. "One of the things that appeals to a lot of people is how everything is either on a nature preserve, water, or golf course," said Pud English, regional director of marketing for Hines, the firm handling property sales in Costa Del Sol. "You don't have homes that back up home-to-home." There are three developers involved with the Palencia neighborhood. Arthur Rutenberg, Cornerstone Homes and The Cottage Home Company all contributed designs. Each developer brings a different sense of style to the neighborhood, something ...