INDIANTOWN \u2014 A new residential community is bringing a fresh alternative to both traditional homeownership and apartment living. River Oak at Fernwood Forest combines the space and privacy of single-family homes with the financial flexibility and convenience of renting.<\/p>\n
Managed by national property management firm Willow Bridge, this type of build-to-be-rented community is relatively new to the Florida and is the first of its kind in Martin County.<\/p>\n
However, it is growing in popularity around the United States, and elsewhere in Florida.<\/p>\n
Renters are spared the burdens of down payments, homeowners\u2019 insurance, property tax obligations and much of the maintenance typically tied to homeownership. At the same time, they\u2019ll enjoy the privacy, outdoor space and single-family privacy that apartments usually cannot deliver.<\/p>\n
\u201cRaising a family in your own home is a dream for so many people who unfortunately can\u2019t afford traditional home ownership,\u201d said Melissa Johnson, Regional Property Manager at Willow Bridge Property Company. \u201cWith River Oak at Fernwood Forest, we\u2019re giving families and individuals access to a quality home in a managed community, without the responsibility of ownership.\u201d<\/p>\n
This development was created in an \u201cOpportunity Zone\u201d which is a federal designation that allows people to invest in distressed areas in the United States. Their purpose is to spur economic growth and job creation in low-income communities while providing tax benefits to investors.<\/p>\n
In this case, it\u2019s working. Indiantown is doing well, and this new approach makes single family home living possible for teachers and firefighters and police and nurses and more.<\/p>\n
Community highlights & amenities<\/p>\n
The development offers an array of features designed to enhance everyday living in a natural setting:<\/p>\n
\u2022 Detached homes with three- and four-bedroom layouts set amid tree-lined trails and natural preserves. Each home offers high ceilings, hurricane-impact windows, and expansive lawns and landscaping.<\/p>\n
\u2022 Two-car garages on every home.<\/p>\n
\u2022 Outdoor amenities including nature trails, a pier on the St. Lucie River and access to natural preserve surroundings.<\/p>\n
\u2022 A dog park\/run and a Clubhouse with community pool and fitness center are under construction.<\/p>\n
\u2022 All homes are maintenance free, both inside and outside.<\/p>\n
The community will be completed by the end of 2026, with 131 total homes. Fifty-two homes are expected to be completed and delivered by the end of this year.<\/p>\n
\u201cThis community offers attainable rents for people who may be feeling the squeeze of rising rents in neighboring urban markets,\u201d said Johnson.<\/p>\n
About Willow Bridge Property Company<\/p>\n
Willow Bridge Property Company is a national property-management firm specializing in large-scale rental housing, including innovative single-family rental communities and build-to-rent developments. Their expertise ensures professional management, consistent maintenance, and service that focuses on the resident first.<\/p>\n
About River Oak at Fernwood Forest<\/p>\n
River Oak at Fernwood Forest is a planned build-to-rent community in Indiantown, Florida. Featuring three- and four-bedroom detached homes, the community emphasizes a relaxed, spacious environment with nature-inspired amenities and professional, nationally recognized property management.<\/p>\n
The homes are designed to offer the benefits of a standalone home without the expense of ownership.<\/p>\n