The Pointe at Lakewood Ranch Update 12/06/24

Active Adult Community Lakewood Ranch Sold for $45.96 Million

 

 

Eastwind Development announced the sale of The Pointe at Lakewood Ranch, an Active Adult Community (55+) community. According to Manatee County records, the property was acquired for $45.96 million, the buyer is an LLC affiliated with The Carlyle Croup. Completed in 2023, the luxury active adult community consists of two 4-story buildings totaling 160 units. Building one features 112 units and amenities including an 11,000 square foot clubhouse with fitness center, salon, pet spa, group fitness/spin room, steam room, media room, game room/card lounge, library, craft room, dining area, lobby, leasing offices, pool and green space. Building two houses the remaining 48 units. The development includes surface parking, two stand-alone 5-car parking garages and one 6-car parking garage with maintenance bay.

Photo: Eastwind Development

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