West Shore is continuing to grow its footprint in Florida, with its 13th multifamily acquisition in the state. The fully integrated multifamily real estate investment firm has acquired Isla Antigua, a 249-unit apartment community in St. Augustine.
This also marks the firm’s 29th acquisition and expands its national footprint to 27 properties with over 8,000 units and over $1 billion in assets under management since it was founded in 2016.
Isla Antigua has over 850 feet of Intracoastal Waterway frontage and is the only multifamily asset built on Anastasia Island since 1984. The newly constructed community is close to retail, entertainment, St. Augustine’s historic downtown, and the city’s largest job centers. Its waterfront outdoor amenities include a resort-style pool with cabanas, an outdoor kitchen with grilling and dining areas, a sunset beach retreat with fire pit lounges, and a private dock with a kayak launch system. Its clubhouse features billiards, game, and media rooms; a business center; and a professional fitness club with interactive cardio equipment, a yoga and spin studio, and a rock-climbing wall. Units include waterfront views and open-concept floor plans with modern kitchens, high-end finishes, large closets, and private balconies.
“Isla Antigua is a very valuable addition to our growing portfolio,” said Lee Rosenthal, West Shore president, in a statement. “We are proud of our expansion in Florida, and we expect to continue our significant growth both in Florida and nationally as well.”
In addition to Isla Antigua, the firm has multifamily communities in Clearwater, Killearn, Melbourne, Naples, Ocala, Tallahassee, and Tampa.
