TAVARES, FL – The Henin Group received Lake County approval of its 115 unit, single-family home subdivision in Tavares earlier this fall and homebuilder D.R. Horton has closed on 57 of the sites which represent Phase I of Elmwood.
The preferred homebuilder will start construction by late November
in Phase I on the homesites measuring 60 by 120-feet, according to Jerome
Henin, founder and CEO of the Winter Park based real estate development
firm.
Permits have been filed by D.R. Horton for the first models and
sales of Phase I homes should begin in the first quarter of 2022.
“Due to Covid-19, this project took an additional 90 days to get started,”
Henin said.
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| Jerome Henin |
Three, four and five-bedroom homes ranging from 1,672 to 2,807 square feet of living area in seven distinct floor plans will be offered by homebuilder D.R. Horton at Elmwood. Prices are estimated to start from the mid-$300,000s.
Henin – founder and CEO of The Henin Group – purchased the 32-acre
parcel in 2020 for $2 million with a vision of providing housing that would
appeal to the demographic of homebuyers moving into the area.
Located off David Walker Drive and Old U.S. Highway 441, the
family-friendly, lakefront city of Tavares will provide Elmwood residents
endless fun and entertainment for all ages including parks, community events,
nearby downtown shops and dining, and fishing and water sports in Lakes
Dora, Griffin and Harris.
Henin said D.R. Horton will close on the remaining 58 homesites in
Phase II of Elmwood by mid-Spring. “We project this community will be sold out
by the end of 2022,” he said.
Contacts:
Jerome Henin, founder/CEO The Henin Group,
386-668-7811, 407-644-8595
Beth Payan, Larry Vershel Communications,
407-644-4142, 407-461-3781 or beth@larryvershel.com
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