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Stock impact report

4TRO Development and Kastelo Development Unveil New Boutique Townhome Project in Delray Beach [Yahoo! Finance]

Douglas Elliman Inc. (DOUG) 
Company Research Source: Yahoo! Finance
DELRAY BEACH, Fla. June 10, 2025 /PRNewswire/ -- Renowned property development groups, 4TRO Development and Kastelo Development, today launch Casa Avenida, an exclusive, four-story townhome community in the heart of Delray Beach . Located at 102 SE 5 th Avenue, this boutique collection of just eight private residences, ranging from 2,804 to 3,336 square feet, introduces a new level of refined living in one of South Florida's most dynamic coastal destinations. Blending modern architecture with contemporary design, Casa Avenida boasts top-of-the-line finishes and amenities, from private elevators to secure garages and an elevated cocktail pool. Pricing is anticipated to begin around $3 million , with completion expected in the second quarter of 2027. The upscale townhomes are exclusively sold by TJ Verdiglione and Nicole Melveney of the GVC Real Estate Team at Douglas Elliman. "We envisioned Casa Avenida as an exclusive Atlantic Avenue retreat where residents emerge from their privat Show less Read more
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