Toll Brothers Announces Grand Opening of The Cove Amenity Center at Regency at Waterset in Apollo Beach, Florida

Toll Brothers (NYSE:TOL) announced the grand opening of The Cove Amenity Center at Regency at Waterset, a 55+ active-adult community in Apollo Beach, Florida, on Dec. 23, 2025.

Rhea-AI Summary

Toll Brothers (NYSE:TOL) announced the grand opening of The Cove Amenity Center at Regency at Waterset, a 55+ active-adult community in Apollo Beach, Florida, on Dec. 23, 2025. The Cove is open for daily tours at 5561 Freestone Circle and features a fitness center, resort-style pool, social room, and an on-site Lifestyle Director organizing year-round events.

Regency at Waterset offers low-maintenance single-family homes and villa-style duet residences sized about 1,600 to 2,500+ sq ft with 2–4 bedrooms, pricing starting in the mid-$300,000s. Quick move-in homes and a Toll Brothers Design Studio are available; inquiries can be made at 855-600-8655 or TollBrothers.com/Florida.

Argus Dec 23 session

-0.98% close to close Open Argus

Details

News Market Reaction – TOL

On Dec 23, the day this news came out, TOL closed 0.98% below the previous close.

Data tracked by StockTitan Argus for the Dec 23 session.

Market Context

This announcement extends Toll Brothers’ strategy of enhancing lifestyle appeal in its 55+ active-ad...

Analysis

This announcement extends Toll Brothers’ strategy of enhancing lifestyle appeal in its 55+ active-adult portfolio, adding The Cove amenity center and more than 12 miles of trails at Regency at Waterset. It follows recent community launches and a declared $0.25 quarterly dividend, alongside a reported $5.49 billion backlog at fiscal year-end. Investors may track sales velocity at this community, uptake of quick move-in homes, and how these amenity investments contribute to future home deliveries and backlog conversion.

Key Figures

Walking & fitness trails: More than 12 miles Home size range: 1,600–2,500+ sq ft Bedroom count: 2–4 bedrooms +5 more

Walking & fitness trails

More than 12 miles

Regency at Waterset community amenities

Home size range

1,600–2,500+ sq ft

Regency at Waterset homes in Apollo Beach, FL

Bedroom count

2–4 bedrooms

Regency at Waterset home designs

Quarterly dividend

$0.25 per share

Dividend payable on Jan 23, 2026

Backlog value

$5.49 billion

Backlog at Oct 31, 2025 (4,647 homes)

Homes delivered FY2025

11,292 homes

From 556 communities in fiscal 2025

Multifamily sale price

$380 million

Sale of about half of Apartment Living portfolio to Kennedy Wilson

Institutional stake

5.4% beneficial ownership

Capital World Investors Schedule 13G filing

Historical Context

5 past events · Latest: Dec 18

5 events

1. Dec 18

   Dividend declaration

   24h Move

   +0.2%

   Quarterly cash dividend of $0.25 per share with set pay dates.

2. Dec 18

   Community opening

   24h Move

   +0.2%

   Bethany Farms luxury home community opening in Simpsonville, South Carolina.

3. Dec 18

   Amenity expansion

   24h Move

   +0.2%

   New Lifestyle Director and amenities at 55+ community in Raleigh, NC.

4. Dec 17

   Community opening

   24h Move

   +0.3%

   Opening of Parkhill Crest gated townhome community in Las Vegas.

5. Dec 17

   Model home launch

   24h Move

   +0.3%

   New model home at Woodland Estates in Leander, Texas showcasing offerings.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

restricted stock units, schedule 13g, 401(k) plan, ira, +1 more

5 terms

restricted stock units financial

"restricted stock units granted in 2022"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

schedule 13g regulatory

"Capital World Investors filed a Schedule 13G reporting a 5.4% beneficial stake"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

401(k) plan financial

"additional indirect holdings through a 401(k) plan, a trust, and a SLAT"

A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.

ira financial

"common stock in a 401(k) plan, an IRA, a Roth IRA, and shares held"

An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

roth ira financial

"common stock in a 401(k) plan, an IRA, a Roth IRA, and shares held"

A Roth IRA is a retirement savings account you fund with money that’s already been taxed, and withdrawals taken in retirement under the account rules are tax-free. It matters to investors because it shifts the tax bill to today instead of retirement, potentially increasing after-tax income later—think of it like paying for a lifetime subscription now so you can use it without extra charges in the future—helpful for long-term tax planning and flexibility.

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Resort-style amenities for new 55+ active adult community now open daily for tours

APOLLO BEACH, Fla., Dec. 23, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the grand opening of The Cove Amenity Center at  Regency at Waterset, an exclusive 55+ active-adult community located in the vibrant South Shore area of Apollo Beach, Florida. The Cove is now open and available for daily tours at 5561 Freestone Circle in Apollo Beach.

Offering resort-style amenities designed exclusively for Regency residents, The Cove amenity center includes a state-of-the-art fitness center, a resort-style swimming pool, a social room, and an on-site Lifestyle Director organizing planned events throughout the year. This private amenity center offers residents recreational opportunities and spaces to relax and connect with friends, family, and neighbors. With more than 12 miles of scenic walking and fitness trails winding through the community, Regency at Waterset offers an unparalleled active lifestyle in a coastal Florida setting.

"The opening of The Cove marks an exciting milestone for Regency at Waterset, providing our 55+ residents with a new level of luxury and convenience," said Brian O'Hara, Division President of Toll Brothers in Tampa and Sarasota. "We are thrilled to showcase this stunning amenity center, which underscores our commitment to delivering an exceptional lifestyle for our active adult home shoppers."

Regency at Waterset features three collections of low-maintenance single-family homes and villa-style duet residences with distinctive architecture and premium options. Homes range in size from approximately 1,600 to over 2,500 square feet, with 2 to 4 bedrooms. Each home is designed with open floor plans, luxurious finishes, and options to create a space that reflects individual style and preferences. Pricing starts from the mid-$300,000s.

Home shoppers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows home shoppers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants. For home shoppers wanting to move sooner, quick move-in homes with designer-appointed features are available in the community, allowing home buyers the opportunity to move into their new dream home and start enjoying the amenities and Regency lifestyle right away.

This gated, low-maintenance community offers an ideal location in Apollo Beach, with close proximity to the Gulf, pristine beaches, shopping, dining, and premier golf courses. The convenient access to Interstate 75 also allows for easy travel to Tampa and other Central Florida attractions.

For more information on Regency at Waterset and to schedule a tour of The Cove amenity center, call 855-600-8655 or visit TollBrothers.com/Florida.

About Toll Brothers

Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded 58 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.

Toll Brothers has been one of Fortune magazine's World's Most Admired Companies™ for 10+ years in a row, and in 2024 the Company's Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron's magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.

From Fortune, ©2025 Fortune Media IP Limited. All rights reserved. Used under license.

Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com

Photos accompanying this announcement are available at: 

https://www.globenewswire.com/NewsRoom/AttachmentNg/b176c4fa-d564-487f-b405-6e13400018c8

https://www.globenewswire.com/NewsRoom/AttachmentNg/fa9cc835-c691-4d6f-9e50-d83f025e6667 

https://www.globenewswire.com/NewsRoom/AttachmentNg/5554c666-df51-4fc1-9e74-177e67ee57a3

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Toll Brothers announce about The Cove at Regency at Waterset on Dec. 23, 2025?

Toll Brothers opened The Cove Amenity Center in the Regency at Waterset 55+ community in Apollo Beach and began daily tours at 5561 Freestone Circle.

What amenities does The Cove at Regency at Waterset (TOL) include?

The Cove includes a state-of-the-art fitness center, a resort-style swimming pool, a social room, and an on-site Lifestyle Director with planned events.

What home sizes and pricing are available at Regency at Waterset (TOL)?

Homes range from about 1,600 to over 2,500 sq ft with 2–4 bedrooms, and pricing starts from the mid-$300,000s.

How can prospective buyers schedule a tour of The Cove amenity center for Regency at Waterset (TOL)?

Buyers can schedule tours by calling 855-600-8655 or visiting TollBrothers.com/Florida.

Are quick move-in homes available at Regency at Waterset (TOL)?

Yes, the community offers quick move-in homes with designer-appointed features for buyers wanting to move sooner.

Where is Regency at Waterset located and what local conveniences are nearby?

Regency at Waterset is in Apollo Beach, close to the Gulf, beaches, shopping, dining, golf courses, and offers convenient access to I-75 for travel to Tampa and Central Florida.