Mast Capital, Rockpoint and The Spear Group announced the opening of Edera Palm Springs, the group’s newest highly amenitized rental residential community.
The garden-style community features 264 apartments in the growing village of Palm Springs, Florida within West Palm Beach. Centrally located at 2085 South Congress Avenue, Edera Palm Springs is an upscale and walkable community that encompasses 11 three-story buildings with lush gardens and is just 15 minutes from downtown West Palm Beach.
“Our early lease-up success at Edera Palm Springs underscores the continued demand we are seeing from residents seeking a thoughtfully developed residential community, like Edera Palm Springs, that offers an elevated and modern design combined with well-appointed amenities,” said Camilo Miguel, Jr., CEO and Founder of Mast Capital. “Given that the Village of Palm Springs has seen a significant growth in population, there is pent-up demand for newly built luxury rental communities like ours that meet the higher standards of today’s discerning renters.”
Residents will enjoy a variety of lifestyle-driven amenities including a stylish central clubhouse, an indoor-and-outdoor yoga area and fitness lawn, an expansive lake with a walking path, dog park, children’s playground, and a resort-style swimming pool with an array of cabanas and lounge chairs. Indoor amenities include co-working spaces and conference rooms, a game room with billiards and foosball, and a fitness studio with the latest cardio and weight training equipment. The luxurious residences feature high-quality finishes including wood cabinets, quartz countertops and stainless-steel appliances. The modern layouts include open living and dining spaces with Wi-Fi connectivity accessible throughout the home. Other onsite conveniences the property offers are smart parcel lockers, optional storage units, electric vehicle charging stations, and various lawn games available for resident use.
Palm Springs has seen the fastest population growth in Palm Beach County in recent years. The region’s growth and demand for rental housing is driven by the large number of new residents relocating to South Florida and seeking to live in highly desirable communities like the Village. The Edera Palm Springs community is proximate to the Palm Beach International Airport, numerous K-12 schools, shops and restaurants, several local parks, and the beach.
Mast Capital has emerged as one of Florida’s most active real estate development and investment firms today, with a diverse portfolio of residential, hospitality, and commercial properties throughout the State. These investments include ground up development of over 4,000 residential units in South Florida, as well as the Fort Myers and Tampa metro areas.
