David Waronker CBD REAL ESTATE INVESTMENT LLC Phone: 623-203-2700 Fax: 866-370-9513Email: dw@gocbd.com

1420 Celebration Blvd. Celebration, FL  34747

David Waronker CBD REAL ESTATE INVESTMENT LLC Phone: 623-203-2700 Fax: 866-370-9513

Press Release

CELEBRATION, FL
OCTOBER 17, 2016

NEW HOMES COMING TO ZEPHYRHILLS

Celebration Florida based CBD Real Estate Investment LLC announces its most recent acquisition of residential development in Zephyrhills, Florida.

Located at the northwest corner of Dean Dairy Road, CBD will develop a 69-unit single family home development to be known as “The District at Silver Oaks.”  The property is currently a horse farm and veterinary clinic.  The land is located between the existing Silverado Ranch and the proposed District at Abbotts Square PUD.  CBD plans to work with the City to improve Dean Dairy Road from Eiland Blvd north to the entrance of both The District at Abbotts Square and The District at Silver Oaks.

The land is appropriately zoned Suburban Residential and allows for up to six homes per acre.  CBD plans a residential community of market rate single family homes and expects the site to be approved and ready for development by the third quarter of 2017.  The land will be serviced with city utilities and will complement the tremendous growth and demand of residential for sale housing.  Zephyrhills is a bedroom community to Tampa located just 35 miles northeast of the downtown.

The land sales price of the October 14, 2016 settlement was $289,000.  The transaction brokers were Mike Prilliman of Berkshire Hathaway HomeServices Florida and Will Bingham of Bingham Realty, Inc.

CBD Real Estate Investment LLC  is a national developer of single and multifamily for sale and rental housing with offices in Mount Laurel, New Jersey as well as Celebration.  For more information on this project or CBD please visit www.gocbd.com.