Encore launches vacation-oriented condo development at Orlando resort

Encore launches vacation-oriented condo development at Orlando resort

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The Boca Raton-based firm plans a 296-unit development called Spectrum+ at Reunion Resort with unit prices starting in the $350,000s

The Real Deal

Art Falcone

Encore Capital Management launched a development of condos at an Orlando resort that the Boca Raton-based firm will market as vacation homes.

Led by developers Art Falcone and Neil Eisner, Encore is developing Spectrum+ at Reunion Resort, 296 condos with floor plans ranging from 2,138 square feet to 3,055 square feet and with prices starting in the $350,000s.

Third-party companies will rent out Spectrum+ units on behalf of the owners when they are not using them.

Spectrum+ at Reunion Resort condos will have nine-foot ceilings, granite tile in living areas and kitchens with granite counters and stainless-steel appliances.

Encore will offer owners a social club membership that allows access to three golf courses and six restaurants at Reunion Resort.

Reunion Resort includes a five-acre water park with eight community swimming pools, a clubhouse with a gym, a playground and a convenience store.

OneWorld Properties is exclusively marketing the units at Spectrum+ at Reunion Resort, located within minutes of major theme parks in Orlando. – Mike Seemuth