Tellus Partners, along with its partner, Varden Capital, are developing a multifamily project in Santa Rosa Beach, FL. The Santa Rosa development will include 260 units in four-story buildings with elevators. The project will include top of the market finishes and luxurious resort-style amenities including a resort-style swimming pool, courtyard, fitness center, AND clubhouse.
With an ideal location within Santa Rosa beach, the Property will immediately enter the top of a Walton County market with an economy growing at a lightning-fast pace. With several restaurants/bars within walking distance and Santa Rosa Beach just minutes away, this site will benefit from both its location within the city as well as a market that has recently seen an increase in upscale multifamily development.
While Santa Rosa Beach is a very popular tourist attraction, thanks to its beautiful beaches and numerous attractions, recent multifamily development in the area has proven that there is a strong demand for more modern, luxurious apartments in the region as well.