March 17, 2025 • 17 mins
In this episode of Jim Sells the Suncoast, Jim chats with Eric Ondry and Scott Leventhal of KB Home about the brand-new Heron Glen community in Parrish, Florida. Learn why this boutique development—offering no CDD fees, easy highway access, and fully customizable floor plans—could be the perfect fit for first-time buyers, downsizers, and everyone in between.
Key Highlights
- Prime Location & Boutique Feel
- Minutes to Major Roads: Quick access to 41, 275, I-75, and only ~15 minutes to downtown St. Pete via the Skyway.
- Tucked Away Setting: Quiet, low-traffic streets and only 119 total home sites.
- Single-Family Floor Plans
- 7 Options (30' Series): Ranging from ~1,346 sq. ft. to 2,544+ sq. ft., priced from the low $300Ks to under $400K.
- Personalization: Choose structural upgrades (like extended lanais) and finishes at KB’s design center, rather than settling for basic “inventory” models.
- No CDD & Low HOA
- Cost Savings: No community development district fees—rare among new Florida neighborhoods.
- HOA Dues: $300/quarter covers common-area landscaping, fencing, and more.
- Warranty & Builder Support
- 1-2-10 Warranty: Full coverage for one year (workmanship), two years (systems), and ten years (structural).
- In-House Lender & Insurance: KBHS streamlines financing, and affiliated insurance brokers ensure accurate quotes.
- Ideal for Various Buyers
- First-Time Homeowners: Competitive entry prices without sacrificing quality.
- Upsizers & Downsizes: Multiple layouts, optional customization, plus easy commutes to Tampa, St. Pete, or Sarasota.
- Development Timeline
- ~Two-Year Build-Out: Early adopters benefit from introductory pricing and prime lot selection.
- Move-In Ready or Customized: Choose existing inventory (4–5 month build) or design from scratch (~6–7 months total).
What’s Next?
Looking to plant roots near the Skyway without the usual CDD fees? Reach out to Jim at jim.ahearn@gmail.com or visit Jim Sells the Suncoast for more on Heron Glen by KB Home and other emerging neighborhoods in Parrish. Now’s the time to snag your spot while prices and lot availability are at their best.
A Personal Note from Jim:
Hey there, I’m Jim Ahearn, your go-to real estate guide and host of Jim Sells The Suncoast podcast! 🎙️✨ Dreaming of Florida life? I’ve got you covered! As your dedicated buyer's agent, I’ll handle everything from walk-throughs to closing, making your home-buying journey as smooth as a Florida breeze.
Whether you're local or tuning in from afar, I’ll bring the Suncoast to you with virtual tours and expert advice. Let’s chat about your dream home and I'll connect you with all the right people to make it happen.
Ready to move to paradise? Drop me a line – I can’t wait to help! 🌴🏡
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Jim (00:00):
Welcome to Jim sells the Suncoast today.
(00:02):
I am happy to be joined by Andyand Scott Leventhal, both with
KB over at Heron Glen.
this is nothing new for theseguys.
They've been around the realestate for a little bit, 20
years for one and eight yearsfor the other, both working in
the new construction developmentsite.
So welcome gentlemen.
Thanks for being on here.
I appreciate you taking thetime.
(00:23):
Yeah.
Thank you for having us.
Absolutely.
I ran into Eric as I was justout cruising the area and taking
a look at the developments goingup.
We've got a couple going up inthat parish area that is a
hotbed of growth.
And coming over here to AaronGlenn, which is a new
subdivision.
You said just a couple of monthsreally that since you've broken
(00:44):
ground and just getting startedthere.
Eric (00:47):
Yes.
Yeah.
We just started selling aboutthree weeks ago and then we had
our grand opening just this pastweekend.
Oh nice.
Food truck and everything.
Marketing was out here.
and yeah, so we were able toshowcase the models and give
them some empanadas from theempanada truck.
Jim (01:05):
Nice.
Eric (01:06):
It was a big turnout too.
Jim (01:07):
was good.
That's good.
At any time there's a foodtruck, it doesn't matter.
Hey, we'll build houses aroundthe food truck.
We're good to go.
Tell me and I'll be showing up.
So obviously a new area inthere.
What do you think sets thisdevelopment apart?
Maybe from some of the others inthe area.
What's going on in this area?
Eric (01:24):
This is by far the closest new home community to Pinellas
County and to downtownBradenton.
Yeah, so we were a quarter milefrom 41 and also 275.
As soon as you leave thecommunity.
You could easily get on toeither 41 or 275 and then
(01:48):
eventually, I 75.
You could be over the SkywayBridge in downtown St.
Pete in about 15 17 minutes.
Yeah, and I can attest to that.
I used to live downtown St.
Pete.
Jim (01:59):
Yeah, that's a perfect location.
You've got, both communities todraw from here on the Suncoast,
whether it's Sarasota,Bradenton, you've got St.
Pete, and then you've got Tampaairport and Sarasota airport,
probably what 30, 40 minuteseither way to both airports.
So yeah, a great location.
Eric (02:18):
Yeah, very good location and tucked away, even though
we're that close to theinterstate, we're actually,
quite a bit tucked away and soit is nice and private and but
yeah, very easy access to alsomoccasin wallow.
So any of the heritage amenitiesin commercial.
opportunities restaurants andpublics and all that.
(02:39):
That's right off moccasinwallow, which is probably only
about a half mile from here.
Jim (02:45):
What variety of living options is everything just
single family homes?
Eric (02:49):
Yes, it is.
Jim (02:50):
Okay.
And then tell me a little bitabout the floor plans.
I know KB, it's nice that whenyou're talking about a floor
plan, the name of the floor planis the size of the home.
So it's easy to remember.
Eric (03:00):
Yeah, that's right.
we offer seven different floorplans here at Heron Glen.
It's part of our 30 foot series.
So we have three single storyoptions and then four, two story
options, the smallest startingat around 1, 346 square feet,
and our largest is 2, 544 squarefeet.
Jim (03:19):
Okay.
And what's the starting pricerange that we're running?
Eric (03:23):
Sure.
So our smallest one right now isstarting right at 305, 000 and
our largest one is right at 390,000, excuse me.
Jim (03:32):
Okay.
That's a nice range.
When you get in there too, andwe look at the, the major topic
of conversation seems to beaffordability.
That really fits that desire.
So people coming in, we'rereally looking at first time
home buyers, people who areinterested in moving to the
area.
This is a great way for them toget their foot in the door.
Eric (03:51):
Oh Yeah.
So like Scott said, 305 to 390.
We do anticipate some priceincreases since we did already
sell.
for homes.
eventually we do see pri we'retrying to create right away with
people.
And also the pick of the litteron the lots, the home sites.
(04:11):
So we are able to offer somewaterfront sites as well as some
cul-de-sac like pie shaped homesites.
Right.
Jim (04:19):
Okay.
How many home sites are there?
Eric (04:23):
There's one 19.
There'll be a hundred.
Okay.
Yeah.
So small, we call it a boutiquecommunity.
There you go.
I like it.
Jim (04:34):
It's tucked in there.
you are hitting thataffordability, so people come
in, they can get that home, theycan go in there, whether it's
two years or five years or,maybe stay 30 years, but you
have that ability to grow andmove up through the housing life
cycle.
Eric (04:48):
Yeah.
And then we're also non floodzone.
So high and dry no floodinsurance required.
So that's, obviously a positivetoo, because there are, some
areas west of us would be,floods are like Anna Marie.
Jim (05:00):
While we're talking about the affordability and what goes
in there with no, no floodinsurance, but also as we were
talking earlier, there's no C.
D.
Fees.
So we might have an H.
O.
A.
Which takes care of thecommunity, but there's no C.
D.
Where you're looking at a longterm.
30 year development additionalcosts associated.
Eric (05:17):
Yeah.
No CDD is pretty rare.
I would say 90 percent of thenew home communities in the
Tampa Bay area have a CDD.
So that is pretty unique andyeah, very affordable.
And yeah that's definitely agood selling point for this
community.
Jim (05:32):
Okay.
What's the total acreage andtell me a little bit about the
green.
the greenways that'll beincorporated, there's some water
front lots.
Eric (05:41):
Yes.
So we have four ponds one largeone that there'll be about 15
home sites that will back up toit.
We also have three cul de sac,so dead end streets where I was
saying, some of those home sitesare quite a bit larger than the
standard, and quite a bit moreprivate, low traveled street If
(06:03):
they have kids go out and play,walk your dog, it's pretty low
key compared to communities thathave hundreds of homes and
thousands,
Jim (06:11):
right?
Yeah.
Nobody's coming down that cul desac unless they live there.
So it's, the privacy is there,right?
We talked a little bit about it,but what's the ideal buyer or
resident for this community?
Coming in and that nice pricepoint in the threes.
That's a great Welcome to peoplewho are looking to buy their
(06:32):
house.
Maybe first time home buyers.
Eric (06:35):
Yeah.
Scott opened the community alittle bit before I did.
So I think he could talk to thatwith at least what he's seen so
far.
Yeah.
So far I would say it's actuallya really, it's a mixed group in
the sense that the first severallots that I've sold to have been
to.
You're first time home buyer,but the other two were sold to
(06:56):
basically neighbors in the areawho were just looking to
basically upsize their home.
Yeah.
Up.
And what's nice about us is thatwe offer that personalization
side of things where they cancome in.
choose their options and changesome things structurally.
Whereas some of the otherbuilders, they don't offer that.
(07:16):
So even though on a tightbudget, you can make some
options that might make it alittle bit more unique than,
just your standard cookie cutterapps.
Jim (07:25):
Yeah.
You know what I, and that was Iknow talking with James and with
Jim over at the other KBlocations that kind of caught me
by surprise.
You hear a lot of, all right, wehave some inventory homes.
Everybody's got inventory homes.
It's great.
You want to move in, we can takecare of you.
And then a lot of places will dowhat I called, personalization
versus customization, meaningyou could come in and you could
paint a wall or something likethat, but there wasn't a lot of
(07:46):
options.
For you to make that home trulyyours, that is not the case.
You have a design center, youhave some things set up so you
can really, put your stamp onyour house.
Eric (07:57):
Oh, for sure.
Yeah.
That goes down to exteriorcolors.
That would also you could putstone, architecture on the front
of the home.
There's probably 18 differentfloor options and countertop
options and all that.
Yeah, a true personalization forsure with us.
Jim (08:18):
What kind of time frame do you think it'll take to fill out
the community?
We looking two years, threeyears?
Eric (08:26):
I would say this is probably two solid years.
For 119 home sites, that wouldbe my prediction would be, yeah,
right about the two year mark.
So yeah, 2027, we should becompletely sold out and
finished.
Jim (08:42):
Okay.
And then do you have inventoryhomes now or do you see what's
your projection for how many aregoing to be inventory, how many
are going to be personal andwhat's your build time now on,
on the custom home?
Eric (08:56):
The inventory, we have four or actually five, I'm
sorry.
We have five pre planned.
Those will be done sooner.
They're just getting ready tostart construction.
So those are probably going tobe four to five process.
And because we're new, we don'thave any Inventory as of right
now, but as far aspersonalization, it's going to
(09:17):
be about a six to seven monthprocess.
Total a month or two of gettingpermits and design studio, and
then building the home isbetween four and five months
from when we break ground to
Jim (09:34):
Yeah, that's a nice improvement over the last couple
of years where it's beenupwards, maybe nine or 10
months.
yeah.
So how does KB support the homeowners after the sales?
What are the warranties, ongoingmaintenance?
how are they helping thathomeowner continue on?
Eric (09:51):
We have a 10 year structural warranty.
And then we have two years ofall the systems like the
plumbing, the electrical, allthat's covered for two full
years after the close date.
And then one year like a bumperto bumper.
So that would be any defects,any workmanship related that
whole first year, we come outand an example would be maybe,
(10:13):
let's just say like a crackedtile or something, Caulk,
Toilet, to secure that, allthose things would be covered
for the first full year.
Jim (10:22):
Okay.
Maintenance on the outsidethough, is going to be up to the
homeowner, lawn care that kindof stuff.
Eric (10:29):
Yes.
Yeah.
They would now we do have thesprinkler system would be on
reclaimed water through ManateeCounty.
Okay.
So that definitely will cut downon their water bill.
the Manatee County has afacility where the water is just
below drinking water standard.
So it's not the type of waterthat's gonna make your white
(10:53):
fence orange.
But it's a nice perk, but no,the HOA does not include lawn
care though.
The homeowners would need to dothat on their own.
Jim (11:02):
They'll take care of HOA.
We'll take care of common areasand common upkeep.
And what's the HOA?
How much is the HOA?
Eric (11:11):
The HOA is only 300 a quarter, and, okay.
Yeah, that would be thousands offeet of fence, the whole
community's fenced in the whole,perimeter of it nice entrance,
like a grand entrance reallynice landscaping and things like
that and HOA managementreserves, all those kinds of
(11:31):
things are taken into accountwith that.
Jim (11:34):
Are there any preferred partners that you have
vertically integrated, whetherwe're looking at Insurance title
or mortgage that helps with abuyer coming in.
Eric (11:45):
Yeah.
Mortgage, we have in house.
So it's KBHS home loan by KBobviously.
And then we have our ownaffiliated insurance company.
They broker it out to where theyknow our plans inside and out
with the information.
So they're able to give it avery accurate quote right away.
(12:05):
and then our title company'sfirst american title.
So they've been doing all of ourclosings in the Tampa Bay area
for the last several years.
Real good partnership within thecompany.
Jim (12:16):
It's nice if somebody really, doesn't want to make the
home buying, like shopping for acar, come in, we can take care
of it, find what you wanteverything's right there.
So we're taking care of thatcustomer from the beginning to
the end until they get theirkeys.
Eric (12:30):
Exactly.
Yeah.
Jim (12:33):
So are there any specific guidelines or restrictions such
as pet policies or rental?
Restrictions.
Eric (12:42):
Yeah, so no short term rentals as far as your rental
restrictions.
Minimum of a year term.
You can rent the home, butobviously no short term like
Airbnb.
Jim (12:50):
And that's becoming pretty common along this coast that
most people are doing, minimumof one year.
So you could have two rentals ina year if it ended midway
through and you sign again, butit's a minimum of a year lease
kind of thing.
Eric (13:01):
I'm just really trying to keep the community as far as
everyone on the same levelplaying field
is
interested in the home itself.
Yeah.
One good thing too, Jim, is thatwe do allow investors, but they
can only buy one home total.
So it's not like they're cominghere.
Asking for, four homes, we dorestrict the amount that one
(13:24):
investment group or one investorcan purchase.
that helps with the communityrather than just driving through
seeing a bunch of for rentsigns.
That's right.
I see a few here and there, butnothing.
Yeah, we do restrict that.
Jim (13:39):
Good.
Can you share any testimonialsor any stories from, the people
who have bought there in thatfour or five that are just
starting off?
What are they saying?
Or what's been their experience?
Eric (13:53):
We're still quite early on.
Most of them have just recentlybeen getting scheduled into the
design studio.
I don't think even the first onehas gone in just yet, but I will
say that the first buyers inthis community, they happen to
live right next door.
And we've seen a whole litanygroup of their whole
neighborhood coming throughhere.
(14:14):
So they've obviously liked theexperience they've had so far,
because there's certainlysharing that experience with
their neighbors and we're.
We're now meeting all of themsecondhand
Jim (14:24):
which is nice.
That's really cool that, hey,here's your opportunity to pick
your neighbors.
Come on in.
Let's let's live with people welike.
Eric (14:30):
Yeah, we've seen two different neighborhoods
actually.
There was one that's like anewer home community that I
guess is primarily rentals.
So we've seen a few of those.
And then like to Scott's point,one of the first ones he sold
was a community nearby.
it's like a 55 plus communitywhere yeah, they've definitely
(14:50):
referred people because we werevery busy over the weekend with
a lot of their neighbors.
Jim (14:56):
Oh, that's awesome.
Eric (14:57):
I love it coming in.
Jim (15:00):
So first off, Eric and Scott, thanks for coming on with
me.
What else would you like to tellpeople about the Heron Glen?
Get him down here.
Come check it out.
119 homes just breaking ground.
We've got probably a two, maybetwo and a half year window.
Eric (15:20):
Yeah, that's the big thing.
Like I had mentioned beforewould be this introductory
pricing here that could end anyday.
Could jump up 10 grand tomorrowfor all I know.
So we definitely drive thatpoint home.
And a lot of people have, spedup their process because of that
and we do right now we're givingaway.
We're doing flex cash dependingon the home.
(15:42):
Some of the smaller homes don'tget as much of an incentive, but
anywhere from 19, 000 27, 000flex cash.
If they go with our lender, thenthat cash is basically anything
they want to do with buying downthe interest rate or, closing
costs, title fees, a combinationof the two.
So we do have really bad consentof going on as well.
Jim (16:04):
Fantastic.
Gentlemen, I want to thank youguys for coming on with me.
I appreciate the time.
All right.
Eric (16:14):
Jim.
Yeah.
Come visit any time.
we'll be happy to take care ofyour buyers.
Jim (16:18):
Yeah, just let me know when that food truck will be there.
I'll be there.
Eric (16:22):
All right.
Jim (16:22):
All right.
We will.
Eric (16:23):
will.
Welcome to Jim sells the Suncoast today.
(00:02):
I am happy to be joined by Andyand Scott Leventhal, both with
KB over at Heron Glen.
this is nothing new for theseguys.
They've been around the realestate for a little bit, 20
years for one and eight yearsfor the other, both working in
the new construction developmentsite.
So welcome gentlemen.
Thanks for being on here.
I appreciate you taking thetime.
(00:23):
Yeah.
Thank you for having us.
Absolutely.
I ran into Eric as I was justout cruising the area and taking
a look at the developments goingup.
We've got a couple going up inthat parish area that is a
hotbed of growth.
And coming over here to AaronGlenn, which is a new
subdivision.
You said just a couple of monthsreally that since you've broken
(00:44):
ground and just getting startedthere.
Eric (00:47):
Yes.
Yeah.
We just started selling aboutthree weeks ago and then we had
our grand opening just this pastweekend.
Oh nice.
Food truck and everything.
Marketing was out here.
and yeah, so we were able toshowcase the models and give
them some empanadas from theempanada truck.
Jim (01:05):
Nice.
Eric (01:06):
It was a big turnout too.
Jim (01:07):
was good.
That's good.
At any time there's a foodtruck, it doesn't matter.
Hey, we'll build houses aroundthe food truck.
We're good to go.
Tell me and I'll be showing up.
So obviously a new area inthere.
What do you think sets thisdevelopment apart?
Maybe from some of the others inthe area.
What's going on in this area?
Eric (01:24):
This is by far the closest new home community to Pinellas
County and to downtownBradenton.
Yeah, so we were a quarter milefrom 41 and also 275.
As soon as you leave thecommunity.
You could easily get on toeither 41 or 275 and then
(01:48):
eventually, I 75.
You could be over the SkywayBridge in downtown St.
Pete in about 15 17 minutes.
Yeah, and I can attest to that.
I used to live downtown St.
Pete.
Jim (01:59):
Yeah, that's a perfect location.
You've got, both communities todraw from here on the Suncoast,
whether it's Sarasota,Bradenton, you've got St.
Pete, and then you've got Tampaairport and Sarasota airport,
probably what 30, 40 minuteseither way to both airports.
So yeah, a great location.
Eric (02:18):
Yeah, very good location and tucked away, even though
we're that close to theinterstate, we're actually,
quite a bit tucked away and soit is nice and private and but
yeah, very easy access to alsomoccasin wallow.
So any of the heritage amenitiesin commercial.
opportunities restaurants andpublics and all that.
(02:39):
That's right off moccasinwallow, which is probably only
about a half mile from here.
Jim (02:45):
What variety of living options is everything just
single family homes?
Eric (02:49):
Yes, it is.
Jim (02:50):
Okay.
And then tell me a little bitabout the floor plans.
I know KB, it's nice that whenyou're talking about a floor
plan, the name of the floor planis the size of the home.
So it's easy to remember.
Eric (03:00):
Yeah, that's right.
we offer seven different floorplans here at Heron Glen.
It's part of our 30 foot series.
So we have three single storyoptions and then four, two story
options, the smallest startingat around 1, 346 square feet,
and our largest is 2, 544 squarefeet.
Jim (03:19):
Okay.
And what's the starting pricerange that we're running?
Eric (03:23):
Sure.
So our smallest one right now isstarting right at 305, 000 and
our largest one is right at 390,000, excuse me.
Jim (03:32):
Okay.
That's a nice range.
When you get in there too, andwe look at the, the major topic
of conversation seems to beaffordability.
That really fits that desire.
So people coming in, we'rereally looking at first time
home buyers, people who areinterested in moving to the
area.
This is a great way for them toget their foot in the door.
Eric (03:51):
Oh Yeah.
So like Scott said, 305 to 390.
We do anticipate some priceincreases since we did already
sell.
for homes.
eventually we do see pri we'retrying to create right away with
people.
And also the pick of the litteron the lots, the home sites.
(04:11):
So we are able to offer somewaterfront sites as well as some
cul-de-sac like pie shaped homesites.
Right.
Jim (04:19):
Okay.
How many home sites are there?
Eric (04:23):
There's one 19.
There'll be a hundred.
Okay.
Yeah.
So small, we call it a boutiquecommunity.
There you go.
I like it.
Jim (04:34):
It's tucked in there.
you are hitting thataffordability, so people come
in, they can get that home, theycan go in there, whether it's
two years or five years or,maybe stay 30 years, but you
have that ability to grow andmove up through the housing life
cycle.
Eric (04:48):
Yeah.
And then we're also non floodzone.
So high and dry no floodinsurance required.
So that's, obviously a positivetoo, because there are, some
areas west of us would be,floods are like Anna Marie.
Jim (05:00):
While we're talking about the affordability and what goes
in there with no, no floodinsurance, but also as we were
talking earlier, there's no C.
D.
Fees.
So we might have an H.
O.
A.
Which takes care of thecommunity, but there's no C.
D.
Where you're looking at a longterm.
30 year development additionalcosts associated.
Eric (05:17):
Yeah.
No CDD is pretty rare.
I would say 90 percent of thenew home communities in the
Tampa Bay area have a CDD.
So that is pretty unique andyeah, very affordable.
And yeah that's definitely agood selling point for this
community.
Jim (05:32):
Okay.
What's the total acreage andtell me a little bit about the
green.
the greenways that'll beincorporated, there's some water
front lots.
Eric (05:41):
Yes.
So we have four ponds one largeone that there'll be about 15
home sites that will back up toit.
We also have three cul de sac,so dead end streets where I was
saying, some of those home sitesare quite a bit larger than the
standard, and quite a bit moreprivate, low traveled street If
(06:03):
they have kids go out and play,walk your dog, it's pretty low
key compared to communities thathave hundreds of homes and
thousands,
Jim (06:11):
right?
Yeah.
Nobody's coming down that cul desac unless they live there.
So it's, the privacy is there,right?
We talked a little bit about it,but what's the ideal buyer or
resident for this community?
Coming in and that nice pricepoint in the threes.
That's a great Welcome to peoplewho are looking to buy their
(06:32):
house.
Maybe first time home buyers.
Eric (06:35):
Yeah.
Scott opened the community alittle bit before I did.
So I think he could talk to thatwith at least what he's seen so
far.
Yeah.
So far I would say it's actuallya really, it's a mixed group in
the sense that the first severallots that I've sold to have been
to.
You're first time home buyer,but the other two were sold to
(06:56):
basically neighbors in the areawho were just looking to
basically upsize their home.
Yeah.
Up.
And what's nice about us is thatwe offer that personalization
side of things where they cancome in.
choose their options and changesome things structurally.
Whereas some of the otherbuilders, they don't offer that.
(07:16):
So even though on a tightbudget, you can make some
options that might make it alittle bit more unique than,
just your standard cookie cutterapps.
Jim (07:25):
Yeah.
You know what I, and that was Iknow talking with James and with
Jim over at the other KBlocations that kind of caught me
by surprise.
You hear a lot of, all right, wehave some inventory homes.
Everybody's got inventory homes.
It's great.
You want to move in, we can takecare of you.
And then a lot of places will dowhat I called, personalization
versus customization, meaningyou could come in and you could
paint a wall or something likethat, but there wasn't a lot of
(07:46):
options.
For you to make that home trulyyours, that is not the case.
You have a design center, youhave some things set up so you
can really, put your stamp onyour house.
Eric (07:57):
Oh, for sure.
Yeah.
That goes down to exteriorcolors.
That would also you could putstone, architecture on the front
of the home.
There's probably 18 differentfloor options and countertop
options and all that.
Yeah, a true personalization forsure with us.
Jim (08:18):
What kind of time frame do you think it'll take to fill out
the community?
We looking two years, threeyears?
Eric (08:26):
I would say this is probably two solid years.
For 119 home sites, that wouldbe my prediction would be, yeah,
right about the two year mark.
So yeah, 2027, we should becompletely sold out and
finished.
Jim (08:42):
Okay.
And then do you have inventoryhomes now or do you see what's
your projection for how many aregoing to be inventory, how many
are going to be personal andwhat's your build time now on,
on the custom home?
Eric (08:56):
The inventory, we have four or actually five, I'm
sorry.
We have five pre planned.
Those will be done sooner.
They're just getting ready tostart construction.
So those are probably going tobe four to five process.
And because we're new, we don'thave any Inventory as of right
now, but as far aspersonalization, it's going to
(09:17):
be about a six to seven monthprocess.
Total a month or two of gettingpermits and design studio, and
then building the home isbetween four and five months
from when we break ground to
Jim (09:34):
Yeah, that's a nice improvement over the last couple
of years where it's beenupwards, maybe nine or 10
months.
yeah.
So how does KB support the homeowners after the sales?
What are the warranties, ongoingmaintenance?
how are they helping thathomeowner continue on?
Eric (09:51):
We have a 10 year structural warranty.
And then we have two years ofall the systems like the
plumbing, the electrical, allthat's covered for two full
years after the close date.
And then one year like a bumperto bumper.
So that would be any defects,any workmanship related that
whole first year, we come outand an example would be maybe,
(10:13):
let's just say like a crackedtile or something, Caulk,
Toilet, to secure that, allthose things would be covered
for the first full year.
Jim (10:22):
Okay.
Maintenance on the outsidethough, is going to be up to the
homeowner, lawn care that kindof stuff.
Eric (10:29):
Yes.
Yeah.
They would now we do have thesprinkler system would be on
reclaimed water through ManateeCounty.
Okay.
So that definitely will cut downon their water bill.
the Manatee County has afacility where the water is just
below drinking water standard.
So it's not the type of waterthat's gonna make your white
(10:53):
fence orange.
But it's a nice perk, but no,the HOA does not include lawn
care though.
The homeowners would need to dothat on their own.
Jim (11:02):
They'll take care of HOA.
We'll take care of common areasand common upkeep.
And what's the HOA?
How much is the HOA?
Eric (11:11):
The HOA is only 300 a quarter, and, okay.
Yeah, that would be thousands offeet of fence, the whole
community's fenced in the whole,perimeter of it nice entrance,
like a grand entrance reallynice landscaping and things like
that and HOA managementreserves, all those kinds of
(11:31):
things are taken into accountwith that.
Jim (11:34):
Are there any preferred partners that you have
vertically integrated, whetherwe're looking at Insurance title
or mortgage that helps with abuyer coming in.
Eric (11:45):
Yeah.
Mortgage, we have in house.
So it's KBHS home loan by KBobviously.
And then we have our ownaffiliated insurance company.
They broker it out to where theyknow our plans inside and out
with the information.
So they're able to give it avery accurate quote right away.
(12:05):
and then our title company'sfirst american title.
So they've been doing all of ourclosings in the Tampa Bay area
for the last several years.
Real good partnership within thecompany.
Jim (12:16):
It's nice if somebody really, doesn't want to make the
home buying, like shopping for acar, come in, we can take care
of it, find what you wanteverything's right there.
So we're taking care of thatcustomer from the beginning to
the end until they get theirkeys.
Eric (12:30):
Exactly.
Yeah.
Jim (12:33):
So are there any specific guidelines or restrictions such
as pet policies or rental?
Restrictions.
Eric (12:42):
Yeah, so no short term rentals as far as your rental
restrictions.
Minimum of a year term.
You can rent the home, butobviously no short term like
Airbnb.
Jim (12:50):
And that's becoming pretty common along this coast that
most people are doing, minimumof one year.
So you could have two rentals ina year if it ended midway
through and you sign again, butit's a minimum of a year lease
kind of thing.
Eric (13:01):
I'm just really trying to keep the community as far as
everyone on the same levelplaying field
is
interested in the home itself.
Yeah.
One good thing too, Jim, is thatwe do allow investors, but they
can only buy one home total.
So it's not like they're cominghere.
Asking for, four homes, we dorestrict the amount that one
(13:24):
investment group or one investorcan purchase.
that helps with the communityrather than just driving through
seeing a bunch of for rentsigns.
That's right.
I see a few here and there, butnothing.
Yeah, we do restrict that.
Jim (13:39):
Good.
Can you share any testimonialsor any stories from, the people
who have bought there in thatfour or five that are just
starting off?
What are they saying?
Or what's been their experience?
Eric (13:53):
We're still quite early on.
Most of them have just recentlybeen getting scheduled into the
design studio.
I don't think even the first onehas gone in just yet, but I will
say that the first buyers inthis community, they happen to
live right next door.
And we've seen a whole litanygroup of their whole
neighborhood coming throughhere.
(14:14):
So they've obviously liked theexperience they've had so far,
because there's certainlysharing that experience with
their neighbors and we're.
We're now meeting all of themsecondhand
Jim (14:24):
which is nice.
That's really cool that, hey,here's your opportunity to pick
your neighbors.
Come on in.
Let's let's live with people welike.
Eric (14:30):
Yeah, we've seen two different neighborhoods
actually.
There was one that's like anewer home community that I
guess is primarily rentals.
So we've seen a few of those.
And then like to Scott's point,one of the first ones he sold
was a community nearby.
it's like a 55 plus communitywhere yeah, they've definitely
(14:50):
referred people because we werevery busy over the weekend with
a lot of their neighbors.
Jim (14:56):
Oh, that's awesome.
Eric (14:57):
I love it coming in.
Jim (15:00):
So first off, Eric and Scott, thanks for coming on with
me.
What else would you like to tellpeople about the Heron Glen?
Get him down here.
Come check it out.
119 homes just breaking ground.
We've got probably a two, maybetwo and a half year window.
Eric (15:20):
Yeah, that's the big thing.
Like I had mentioned beforewould be this introductory
pricing here that could end anyday.
Could jump up 10 grand tomorrowfor all I know.
So we definitely drive thatpoint home.
And a lot of people have, spedup their process because of that
and we do right now we're givingaway.
We're doing flex cash dependingon the home.
(15:42):
Some of the smaller homes don'tget as much of an incentive, but
anywhere from 19, 000 27, 000flex cash.
If they go with our lender, thenthat cash is basically anything
they want to do with buying downthe interest rate or, closing
costs, title fees, a combinationof the two.
So we do have really bad consentof going on as well.
Jim (16:04):
Fantastic.
Gentlemen, I want to thank youguys for coming on with me.
I appreciate the time.
All right.
Eric (16:14):
Jim.
Yeah.
Come visit any time.
we'll be happy to take care ofyour buyers.
Jim (16:18):
Yeah, just let me know when that food truck will be there.
I'll be there.
Eric (16:22):
All right.
Jim (16:22):
All right.
We will.
Eric (16:23):
will.
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