TAVARES – The Henin Group received Lake County approval of its 115 unit, single-family home subdivision in Tavares earlier this fall and homebuilder D.R. Horton has closed on 57 of the sites which represent Phase I of Elmwood.
The preferred homebuilder will start construction by late November in Phase I on the homesites measuring 60 by 120-feet, according to Jerome Henin, founder and CEO of the Winter Park based real estate development firm.
Permits have been filed by D.R. Horton for the first models and sales of Phase I homes should begin in the first quarter of 2022. “Due to Covid-19, this project took an additional 90 days to get started,” Henin said.
Three, four and five-bedroom homes ranging from 1,672 to 2,807 square feet of living area in seven distinct floor plans will be offered by homebuilder D.R. Horton at Elmwood. Prices are estimated to start from the mid-$300,000s.
Henin – founder and CEO of The Henin Group – purchased the 32-acre parcel in 2020 for $2 million with a vision of providing housing that would appeal to the demographic of homebuyers moving into the area.
Located off David Walker Drive and Old U.S. Highway 441, the family-friendly, lakefront city of Tavares will provide Elmwood residents endless fun and entertainment for all ages including parks, community events, nearby downtown shops and dining, and fishing and water sports in Lakes Dora, Griffin and Harris.
Henin said D.R. Horton will close on the remaining 58 homesites in Phase II of Elmwood by mid-Spring. “We project this community will be sold out by the end of 2022,” he said.
About the Developer: France native Jerome Henin, the founder and owner of several companies involved in real estate development and sales, has more than 30 years of experience in property development in Europe, Florida and Virginia. His largest Central Florida development – the award-winning Riviera Bella – is divided into villages with production homes’ pricing from the mid $200,000s and custom homes that are priced up to $2 million.
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Photo Caption: (Clockwise) Developer Jerome Henin; Elmwood Phase I homesites on Irby Ct. and Stokes Ave; and Lakefront Sites on Henin Circle in Elmwood, new community in Tavares.
For more information about this release please contact:
Jerome Henin, founder/CEO The Henin Group, 386-668-7811, 407-644-8595 or Jerome@henin-co.com.
Beth Payan, Larry Vershel Communications, 407-644-4142, 407-461-3781 or beth@larryvershel.com