At a Glance

Curious to know who's got the biggest builders on the run in some of the most attractive markets? Check this one out.

1 MIN READ
  • Centerline Homes expects to exceed 1,000 closings this year, representing a roughly 25 percent surge from its 2005 stats of 804 closings and a 50 percent increase from its 507 closings in 2004.
  • Although the bulk of the 12-year-old Florida firm’s business is single-family homes—roughly 60 percent—it also builds townhomes and condos.
  • The company has traction from Miami to Daytona Beach, with eight actively selling communities. The builder ranks in the top 10 builders by market share in both Miami and Fort Pierce-Port St. Lucie markets.
  • Bottom Line Vice president of marketing Ron Elkman says that the company’s fast-track success mostly is owed to its ability to “find the void in the market.” He says the company seeks to enter “up and coming markets” with products at unoccupied. Point in case: Centerline is foraying into the entry-level market with communities in St. Lucie and Volusia Counties. “The buyer today is so smart and the investor is all but gone, so we’re offering great value in a market that is slowing down,” he says.

    SOURCE: HANLEY WOOD MARKET INTELLIGENCE

    CENTERLINE HOMES 825 Coral Ridge Drive

    Coral Springs, FL 33071

    Phone: 954-344-8040

    Fax: 954-344-4176

    www.centerlinehomes.com

    Learn more about markets featured in this article: Port St. Lucie, FL.

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