Valencia at Doral
Executive Managing Director Calum Weaver is Listing 170 of the 310 Units at the Luxury Doral Condominium Community
Cushman & Wakefield announced today that it has been named exclusive marketing advisor for Valencia at Doral, a 170-unit bulk condominium offering in Doral, FL.
Executive Managing Director Calum Weaver was selected by Aventura, FL-based investor TIF Valencia LLC to manage the disposition process. Weaver is co-marketing the asset with Colliers International Executive Vice President Gerard Yetming.
Valencia at Doral is a 15-building, three-story luxury condominium community developed in 1992 on an 11.8-acre site at 10000 Northwest 45th Terrace. The offering provides investors with the opportunity to acquire 170 of the 310 units at Valencia at Doral as well as the community clubhouse. The for-sale units total 186,592 square feet and are currently 97.1 percent leased.
Valencia at Doral offers five distinct floor plans with an average unit size of 1,098 square feet. Each unit features exceptional views, oversized walk-in closets, a washer and dryer, premium flooring throughout and private patios or balconies.
Ownership has upgraded 114 of the 170 available units with stainless steel appliances, granite countertops, wood cabinetry and hard-surface flooring throughout. These upgrades have commanded an average monthly premium of $344 per month.
“The buyer of the remaining 170 units has the best of both worlds,” said Weaver. “The asset offers in-place cash flow with occupied units and the potential to sell individual units at a significant premium.”
Residence at Valencia at Doral includes a membership to Doral Park Country Club, a high-end club that features an 18-hole golf course, full-service bar and cocktail lounge, full-service restaurant, fitness center, sauna, free yoga and aerobics classes, 11 tennis courts, a temperature controlled Olympic-sized pool and a large playground.
Valencia at Doral’s location provides residents with immediate access to Doral’s premium retail and dining options as well as major employment centers. The community is centrally located just minutes from Miami International Airport and South Florida’s major thoroughfares.
About Cushman & Wakefield
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