LAKE WORTH, FLA. — Berkadia has arranged the sale of Aviara Lake Worth, a build-to-rent community in Palm Beach County. The seller was MAG Real Estate & Development of Delray Beach, Florida, and the buyer was Miami-based Corinthian Capital, a Florida-focused commercial real estate investment firm. The sales price was not disclosed.
Aviara Lake Worth is a 36-unit townhome community that was built in 2019 on a 3.5-acre site at 3902 Melaleuca Lane in Lake Worth. It consists of three two-story townhome buildings containing 30 three-bedroom units and six four-bedroom units.
Units feature porcelain tile floors, quartz countertops and stainless steel appliances. Amenities include green space, three ponds, assigned parking, gazebos and barbecue areas.
Senior Managing Directors Roberto Pesant and Jaret Turkell, along with Di-rectors Omar Morales and Yoav Yuhjtman of Berkadia South Florida, led the transaction on behalf of the seller.