Rilea Group
5 active developments by Rilea Group across Sunrise, Coconut Creek, Miami.
Rilea Group has four projects listed on the platform across South Florida, in Sunrise, Miami and Coconut Creek. The mix covers three home types: one condo, one townhome and one single-family project.
Sample projects include The Village at Welleby Park, Vista Verde at Deerwood and Vista Verde at Coconut Creek. Medici Estates is also listed, but it is marked as sold, so it is no longer available to buy.
Because the portfolio spans a condo, a townhome and a single-family offering, buyers can compare different formats from one builder. Pricing, floor plans and availability differ by project, so check each project page for current details.
Medici Estates (PROJECT SOLD)
The Village at Welleby Park
Vista Verde at Coconut Creek
From $1,850
Vista Verde at Deerwood
The Rider
$500,000 – $2,000,000
Buying a Rilea Group pre-construction home
How buying pre-construction works
Buyers typically register interest, then get access to available units or home sites. They sign a purchase agreement and pay deposits on a set schedule through construction. Closing happens when the home is complete and ready for transfer.
In Florida, buyers of new condos have a 15-day rescission period under FS 718.503. This applies to condos only, not to townhomes or single-family homes. Have a real estate attorney review the contract before you sign.
For investors: what to evaluate
Buying pre-construction generally means paying a deposit in stages and closing later. That lets a buyer secure a unit well before completion. It also means capital is committed for the whole build, and the market can change before closing.
Before buying any Rilea Group home, compare the home type (condo, townhome or single-family) and the local rental demand in Sunrise, Miami or Coconut Creek. Look at how much similar new supply is nearby, and at HOA or condo fees, deposit schedules and the expected completion date. No outcome, including appreciation or rental income, is guaranteed.
For first-time buyers
Deposits on pre-construction homes are usually larger than a standard purchase deposit and are paid in installments. Confirm the exact schedule in the purchase agreement for the project you choose. Florida buyers may be able to use state or local down-payment assistance programs. Eligibility rules and funding change, so check current requirements with a lender or housing agency.
Registering early can give you first access to floor plans, pricing and unit selection before a release fills. It also gives you time to arrange financing and understand the costs.
Common questions
How many Rilea Group projects are listed?
There are four active projects on the platform. They are in Sunrise, Miami and Coconut Creek, Florida.
What types of homes does Rilea Group offer?
The listed projects include one condo, one townhome and one single-family project.
Which Rilea Group projects can I look at?
Examples include The Village at Welleby Park, Vista Verde at Deerwood and Vista Verde at Coconut Creek. Medici Estates is listed but sold.
Is Medici Estates still available?
No. Medici Estates is marked as sold.
Is there a cooling-off period when buying a new condo in Florida?
Yes. New condo buyers have a 15-day rescission period under FS 718.503. It applies to condos only.
Does the rescission period apply to townhomes or single-family homes?
No. The 15-day period under FS 718.503 covers condos only. Review your contract with an attorney for your options on other home types.
Is Rilea Group a good choice for investors?
That depends on the specific project. Evaluate the home type, location, deposit schedule, fees and nearby supply. Returns are never guaranteed.
How do deposits work on pre-construction homes?
Deposits are usually paid in stages over the construction period. The amounts and timing are set out in each project's purchase agreement.