Coldwell Banker NRT Development Advisors (NRTDA) is pleased to announce the sellout of Mosaic at Millenia, located at 3573 Conroy Road in Orlando. All 248 units in the community sold in less than 12 months.
NRTDA, who managed the sales and marketing for the property, bypassed traditional consumer real estate marketing practices and instead tapped into their global network of brokers to identify potential investor buyers. The investors shared the company’s vision of Mosaic at Millenia, as an attractive purchase in an enviable area near shopping and local attractions.
“Securing buyers for these tenant-occupied condos was only half of the process,” said Alec String, Coldwell Banker NRT Development Advisor’s vice president of sales in Florida. “Much of the Mosaic at Millenia’s success can be attributed to the sales team’s follow-up. The team’s relationships with the investors and title companies were key in completing the sales.”
The one, two and three-bedroom units feature private patios/balconies, 9-foot ceilings, crown molding, chair railings, assigned parking, designer kitchens, valet trash service and alarm systems. Listed in the high $60,000s to the high $90,000s, they have historically offered a return of $700 per month in rent. Located in a Greenbelt area within walking distance to Mall at Millenia’s boutique shopping and restaurants, the community includes a lighted tennis court, pool, business center, media room, outdoor grilling area, sand volleyball court, billiard room, theater room and playground.
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