RangeWater Announces New Nocatee Multifamily Community in Florida

Press Release

Cadence20 Clubhouse1

Jacksonville, FL (July 23, 2020) — RangeWater Real Estate, a fully integrated multifamily real estate company, announced plans today to develop its second apartment community in the Nocatee master-planned development in Florida. Construction will begin on the 291-unit community, Cadence at Nocatee, in August. First residents will move in starting in Fall 2021.

Nocatee is an unincorporated master-planned community located primarily in northern St. Johns County, Florida. The town consists of 34 neighborhoods, made up of mostly single-family homes for sale. Cadence will be located in the western part of the community and will be one of 3 apartment rental communities in Nocatee. RangeWater’s other development, Olea at Nocatee, delivers a luxury, age-targeted apartment living experience designed for empty nesters. RangeWater also provides property management services for Reserve at Nocatee.

Cadence will deliver hospitality-level service to residents through onsite Concierge services, event programming and resort-style amenities. Residents will enjoy a luxurious zero-entry pool, an outdoor social kitchen, pet spa, large clubhouse, business center, library and over 1,500 square feet of fitness space including a yoga studio and weight training equipment. The community will also feature a variety of greenspaces, including a fitness and outdoor movie lawn, outdoor game area for ping pong and cornhole, a dog park and a park connecting to future retail space.

Each apartment will offer nine-foot ceilings, vinyl plank flooring, carpet in bedrooms and closets, granite countertops in the kitchen and bathrooms, and stainless steel, Whirlpool appliances.

Cadence’s location in the Nocatee community offers incredible access to pristine beaches, miles of multi-use fitness trails, as well as a wide variety of eateries, boutique shopping, health and wellness options and recreational activities.

RangeWater is known for acquiring, developing, managing and investing in best-in-class multifamily communities across the Sun Belt. Cadence was brokered by Tyler Nilsson and Erik Bjornson of Newark Knight Frank.