The Strada Residences at Mercato Sold Out

NAPLES, Fla. - Nov. 4, 2014 - PRLog -- The Lutgert Companies today announced that all 92 residences have been sold in The Strada at Mercato, a mixed-use community off U.S. 41 near Vanderbilt Beach Road.

The first of two residential communities at Mercato, The Strada was developed by The Lutgert Companies and marketed by Premier Sotheby’s International Realty. The community includes luxury condominiums on the second through fifth floors of two buildings directly overlooking Strada Place, Mercato’s crescent-shaped, tree-lined main street.

“The Strada is a community that appeals to all types of home buyers, from young professionals to part-time residents, retirees and international visitors,” said Howard B. Gutman, President of The Lutgert Companies. “Mercato’s urban-style environment continues to be extremely popular with locals, residents and guests alike.”

The Strada consists of 11 floor plans, with one-, two- and three-bedroom residences in a walkable neighborhood where residents can live, work and play.

“The Strada’s sellout follows an accelerated 2014 sales pace highlighted by low interest rates, limited inventory and increasing demand for the community’s vibrant, uniquely sophisticated lifestyle,” said Judy Green, President and CEO of Premier Sotheby’s International Realty, the real estate brokerage division of The Lutgert Companies. "Residents can leave their cars in the garage and enjoy the health benefits of walking to world-class dining, shopping and entertainment establishments.”

Residences in The Strada are surrounded by local and national retailers, more than 15 restaurants, the 12-screen Silverspot Cinema and Whole Foods, a 50,000-square-foot natural and organic foods supermarket. Amenities at The Strada include secured parking, a private rooftop amenity which includes a clubhouse, fitness center, 52-foot heated pool with waterfall, spa, gas grills, fire pit area with resort-style lounge seating and an adjacent pet walking area.

Strong residential sales within Mercato were complemented by the success of its retail and office components. Whole Foods, Nordstrom Rack, The Capital Grille, Silverspot Cinemas, Bravo! Cucina Italiana, and other new tenants such as Tommy Bahama, adds to the appeal of a lifestyle where retail opportunities are within walking distance of home, yet minutes from Naples’ natural and cultural amenities.

For more information, call 239.594.9400 or visit www.MercatoNaples.com.

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About Premier Sotheby’s International Realty

Premier Sotheby's International Realty (http://www.premiersothebysrealty.com/) is led by real estate veteran Judy Green and headquartered in Naples, FL. The firm has more than 700 employees and associates in 22 locations along Florida’s Gulf Coast and in the Carolinas. Premier Sotheby’s International Realty is a division of The Lutgert Companies, which has operated in Southwest Florida since 1964. An affiliate of the Sotheby's International Realty^® brand, which currently has more than 14,500 sales associates in more than 750 offices in 52 countries worldwide, Premier Sotheby's International Realty also benefits from an association with the storied Sotheby's auction house, established in 1744. For more information, visit www.premiersothebysrealty.com.