Carter Funds is pleased to announce their next multifamily construction project, Allegra at Cocoa, located near Cocoa Beach which is set to break ground in 2024.
In collaboration with The Brownstone Group, the development partner on the project, Allegra at Cocoa will feature 312 apartment homes, boasting modern architectural designs and premium finishes. Renderings of the project will become available as the project develops.
Residents are expected to have access to top-tier amenities, including: a premium fitness and wellness center, a resort-like pool with outdoor kitchens and grills, a pet spa, and detached garages. This project aims to blend modern living with the relaxed coastal charm of the Cocoa Beach community.
“We look forward to bringing Allegra at Cocoa to life,” added Ray Hutchinson. “Our goal is to create a unique residential experience that captures the essence of coastal living while providing the highest standard of comfort and luxury at an attractive price point.”
Cocoa Beach lies 60 miles east of Orlando. Part of what is known as Florida’s “Space Coast,” this barrier island culminates in Cape Canaveral Air Force Base at its northernmost tip. Residents can enjoy the thrilling spectacle of live rocket launches from their own front porch in pleasant year-round temperatures. This haven for beach lovers and surfers is located along the coast of Brevard County.
Carter Funds is a fully integrated real estate investment company built on over 300 years of real estate experience. With more than $3 billion in assets under management through its affiliated companies (Carter Multifamily, Carter Exchange, Aphorio Carter, and Allegiant-Carter Management), Carter Funds focuses on acquiring, developing, and expertly managing real estate investments in high-growth industries and markets throughout the Southern and Mid-Atlantic U.S. As of June 2024, Carter Funds manages a portfolio of more than 10,000 apartment homes with assets under management totaling approximately $3.1 Billion.
