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Southeast

Edge75 by Watermark

120 Bedzel Circle, Naples, Florida

Project Type

Classic

Residential Units

320

Status

Now Leasing

MSA

Naples

About the market

Edge75 by Watermark is a 34.5-acre community featuring 320 multifamily units, strategically located near three major arterials in the Naples, Florida MSA. With its convenient location near I-75 a, future residents will have the benefit of multiple shopping options, including Publix-anchored Berkshire Commons and nearby Walmart Supercenter at Market Center. Edge75's location off Davis Boulevard provides easy access to the area’s top amenities and within a 15-minute drive from downtown Naples, as well as the Gulf of Mexico waterfront just to the west. Convenient access to Interstate 75 will shorten travel times for morning and afternoon commuters. Together, this unique combination of accessible amenities and employment is rarely seen in Naples MSA and will provide Edge75 by Watermark a significant competitive advantage in the market.

The demand in Naples for new, Class A rental products remains strong. From 2010 to 2017, there were fewer than 1,000 new market-rate multifamily units developed, resulting in a significant shortfall of units delivered in relation to job and household growth.

The metro is home to nearly 375,000 residents and ranked 7th out of 200 metros on Forbes rankings for job growth in 2018. Single-family home prices in the area have continued to rise as well, with average home values exceeding $330,000 within a 5-mile radius. These strong submarket fundamentals have resulted in steady rent growth, had increased by nearly 3% as of 2018.

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Additional Information

Apartment Amenities
  • Quartz Countertops
  • White Cabinetry
  • Mosaic Backsplash
  • Stainless Steel Appliances
  • Puck Lighting in Kitchen
  • Energy-Efficient Appliances
  • Wood-Like Vinyl Flooring,
  • Double Vanities In Select Floor Plans
  • USB Outlet
  • Pond & Pool Views
Community Amenities
  • Fully-Equipped Fitness Center
  • Yoga/Aerobics Room
  • Apple TV Fitness Classes
  • Swimming Pool
  • Spa
  • Poolside Grilling Stations
  • Lawn Games
  • Outdoor Fireplace
  • Bike Racks
  • Outdoor TV Lounge
  • Clubhouse TV Lounge
  • Clubhouse Coffee Bar
  • Game/Recreation Room
  • Wet Lounge
  • Dog Park
  • Pet Spa
  • Pond w/ Fountains
  • Weight Room
  • Parcel Pending
  • Elevator