Toll Brothers Announces New Community Opening in Vero Beach, Florida
Rhea-AI Summary
Toll Brothers (NYSE:TOL) has announced the opening of Crossbridge, its newest community in Vero Beach, Florida, now selling by appointment. Located less than a mile from Indian River Lagoon, the community offers four single-story home designs ranging from 1,885 to 2,614+ square feet, with prices starting in the upper $400,000s.
The homes feature 2-4 bedrooms, 2-3 bathrooms, and 2-3 car garages, with well-designed kitchens and spacious living areas. The community will include amenities such as a swimming pool, playground, fitness center, dog park, and event lawn. Residents will benefit from low-maintenance living with included lawn care and irrigation maintenance.
The Sales Center and Model Home at 6778 68th Square are expected to open next month. The location provides easy access to U.S. Route 1, Interstate 95, and various recreational activities including the 69th Street Kayak Launch.
Positive
- New luxury home community launch in prime Vero Beach location
- Comprehensive amenities package including pool, fitness center, and clubhouse
- Low-maintenance living features included in home ownership
- Strategic location near major roadways and recreational areas
Negative
- Starting prices in upper $400,000s may limit market accessibility
- Key amenities still under construction and not immediately available
News Market Reaction – TOL
On the day this news was published, TOL gained 3.59%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
New single-family homes near Indian River Lagoon are now selling by appointment
VERO BEACH, Fla., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest Southeast Florida area community, Crossbridge by Toll Brothers, is now open for sale by appointment. The new community features low-maintenance single-family homes in a picturesque setting less than a mile from the Indian River Lagoon in Vero Beach, Florida. The community Sales Center and Model Home, located at 6778 68th Square in Vero Beach, are currently under construction and expected to open next month.
Situated amidst breathtaking scenery, Crossbridge by Toll Brothers offers home buyers a selection of four brand-new architectural designs ranging from 1,885 to 2,614+ square feet of living space. These single-story homes provide flexible floor plan options with 2 to 4 bedrooms, 2 to 3 bathrooms, and 2- to 3-car garages. Outstanding features include well-designed kitchens, spacious living areas, and primary bedroom suites. Homes are priced starting at the upper
Homeowners in Crossbridge will enjoy low-maintenance living with lawn care, irrigation maintenance, and common area landscaping included. Future amenities at Crossbridge by Toll Brothers will include a swimming pool, playground, fitness center, dog park, and event lawn. Residents will also enjoy social opportunities at the clubhouse and the convenience of being close to shopping, dining, golfing, and plentiful outdoor recreation activities, including the 69th Street Kayak Launch. The community’s location offers easy access to major roadways including U.S. Route 1 and Interstate 95, as well as the beautiful Indian River beaches.
“Crossbridge by Toll Brothers brings together the perfect blend of convenience, low-maintenance living, and the natural beauty of Indian River County,” said Jonathan Carter, Division President of Toll Brothers in Southeast Florida. “We are excited to provide home buyers the opportunity to create their dream home in this exciting location. Our quick move-in homes at Crossbridge offer Designer Appointed Collections that are perfectly suited to the taste and lifestyle of each buyer.”
For more information on Crossbridge by Toll Brothers, prospective home buyers are invited to schedule an appointment to visit by calling (855) 776-8655 or visit CrossbridgeByTollBrothers.com.
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.
In 2024, Toll Brothers marked 10 years in a row being named to the Fortune World’s Most Admired Companies™ list and 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, ©2024 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
Photo accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/2a113d6b-979b-4eb3-b1cb-5f5a7e81ce19
https://www.globenewswire.com/NewsRoom/AttachmentNg/41d595cc-f4c8-4df2-8a0e-f8a517c3f814
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
FAQ
What is the price range for homes in Toll Brothers' new Crossbridge community?
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When will the Crossbridge Sales Center and Model Home open?
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