Cape at Savona Pointe Update 02/12/24

Cape Coral Apartment Community Acquired for $81.25 Million

 

 

The Cape at Savona Point, a 320-unit Class A luxury mid-rise community located in Cape Coral, Florida, has been sold for $81.25 million. The Newmark Group facilitated the transaction. . Completed in 2020, the community consists of eight mid-rise buildings and one fully amenitized clubhouse and community center. The property offers one, two, and three-bedroom floorplans ranging in size from 820 square foot one-bedroom plans to 1409 square foot three-bedroom plans. The luxury community package includes a state-of-the-art clubhouse, elevators, dog spa, bike and hike trails, storage units, playground, valet trash, electric car charging stations, Bark Park, controlled access, detached garages, basketball court, resort-style pool with summer kitchen, yoga studio, pickleball court, and a fully amenitized cardio and fitness studio.

Photo: Cape at Savona Point

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