Enhancing Multifamily Luxury Once Again in Davenport

Optimizing GROWTH IN DAVENPORT, FLORIDA

THE PROJECT: In February 2022, Catalyst Development Partners broke ground in Davenport, a prime sub-market of South Orlando, FL, to develop a new 286 unit, Class A community featuring one, two and three bedroom apartments ranging from 702 to 1,189 square feet of living space. This luxury multi-family community is highly amenitized, with upscale finishes and good site planning to take advantage of lakefront views. Prado is positioned within the mixed use project of Rafina, adjacent to Lirio Luxury Apartments, built by Catalyst Development Partners in 2021.

THE CATALYST: The Davenport district of Orlando continues to demonstrate record-breaking growth from a diverse prospective rental population. Prado builds upon the remarkable product designed at Lirio, and incorporates enhanced features to ensure the project contains a unique brand personality.

Prado offers one, two and three-bedroom apartment homes ranging from 702 to 1,189 square feet of living space, with smart home technology features. Interior finishes include gourmet kitchens with quartz counters, table-sized islands, stainless steel appliances, wood-inspired flooring, walk-in showers and spacious closets. Each home includes full-size washers and dryers and most units feature patios and balconies with exquisite lake views.  

The community offers residents high-end amenities, including a 24-hour Fitness Club with interactive cardio equipment and high intensity interval training (HIIT) equipment; comfortable co-working spaces for collaborative meetings; and a grand clubhouse. Outdoor resident amenities feature gorgeous resort style pools; Summer kitchen with gas grill stations, pub-style dining areas; semi-private cabanas with garden daybeds; and outdoor entertainment retreats. As a pet-friendly community, Prado will include a full service dog-spa and an enclosed dog park.

PROJECTED RESULTS: Located at 2148 Prado Drive; Davenport, FL 33896, Prado is located just off Osceola Polk Line Road and Rafina Blvd, within close proximity to I-4 at Champions Gate. Prado began pre-leasing in March 2023 with first resident move-ins June 2023.