Cypress Equity Investments

CEI is a real estate investment company comprised of professionals who have been executing real estate investment strategies for the past three decades.

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ANF Group Celebrates Topping Out of 227-Unit Sol Vista Affordable Senior Community Located in South Florida Market of Cutler Bay

This post was published on 8/11/2023 on multifamilybiz.com

MIAMI, FL – ANF Group, Inc., a full-service construction firm providing construction management, general contracting, development, and design-build services to the South Florida market, celebrated the topping out of the new Sol Vista, a 227-unit affordable senior community co-developed by MRK Partners and Cypress Equity Investments in Miami-Dade County, Florida.

“We are excited to commemorate this meaningful construction milestone that celebrates the successful completion of the project’s structural phase without any safety incident,” said Tony Fernandez, Project Executive of ANF Group.  “We are grateful to our project team and industry partners for this achievement and look forward to ultimately bringing much-needed quality housing to low-income seniors.”

Located at 11251 Caribbean Blvd. in Cutler Bay, Sol Vista will consist of one 3-story parking garage and one 8-story residential building featuring 227 mainly one-bedroom apartment homes. Unit amenities will include a wide variety of energy-efficient devices and appliances, optional in-unit laundry, central air conditioning, and balconies for select units. The building’s amenities will include on-site management, a fitness center, a community room, an outdoor patio on the fifth floor, surveillance cameras, secured building access, and common-area Wi-Fi. The community space will act as a place for gathering and socialization for the senior population. From community meals to card games, the residents will benefit from an active aging lifestyle and community. Additionally, the garage will include EV chargers for electric vehicles as they continue to grow in popularity in the future.

All apartments will be reserved for those aged 62 and older earning no more than 60% of the Area Median Income (AMI) or approximately $43,380 for one-person households or $49,560 for two-person households. The project is scheduled for completion in 2024.