BREAKING: Rockpoint and Morgan Group have just announced a major joint venture to develop the Caroline at Sunrise, a stunning 452-unit multifamily community in Fort Lauderdale. This ambitious project spans 21 acres in the thriving Sunrise submarket and aims to redefine community living in Florida.
The Caroline at Sunrise will offer a diverse range of apartments and townhomes, showcasing a garden-style design that emphasizes outdoor living and community engagement. Residents can look forward to luxurious amenities, including a two-story clubhouse, a state-of-the-art fitness center, a tranquil yoga studio, a refreshing pool, and a dedicated co-working space. Pet owners will appreciate the on-site pet spa and dog park, designed to enhance the living experience for furry companions.
Dan Domb, managing member and COO of Rockpoint, expressed his enthusiasm about the investment, stating,
“We are excited to make this investment on behalf of our limited partners. We continue to see positive demand dynamics in select Florida submarkets, including a shift in tenant preferences towards community-based living.”
Construction is set to kick off in early 2026, with the first units expected to be available by 2027. This development aims to meet the growing demand for high-quality housing in Florida, where many residents are seeking an ideal balance of city living and the beachside lifestyle that the region is famous for.
The launch of Caroline at Sunrise marks a significant step in the ongoing growth of the Fort Lauderdale area, promising to deliver a unique living experience that resonates with the needs of modern residents. As the project progresses, stakeholders will be closely monitoring its impact on local housing dynamics and community engagement.
Stay tuned for more updates on this exciting development as it unfolds!
