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Sail Club Clear Lake

1. What is Sail Club Clear Lake?
An 11-acre waterfront community with 500 luxury high-rise condominiums, 30 townhomes and 60 lofts, located on the western shore of Clear Lake in West Palm Beach, Florida.
2. Where is Sail Club?
Conveniently located at I-95 and Okeechobee Boulevard in West Palm Beach
Ten minutes to Florida's Turnpike
Ten minutes from the Palm Beach International Airport
Six minutes to City Place, the $600 million shopping and dining complex that includes a 20-screen Muvico movie theater
Just across the Okeechobee Bridge from the Kravis Center for the Performing Arts
Five minutes from the Palm Beach County Convention Center
3. How can I be sure this is a legitimate offering and that Sail Club Clear Lake actually will be built?
The reputation of our company, Homes For America Holdings, Inc., is your assurance that Sail Club Clear Lake will be built and operated as represented. We are a leading developer, with a long and successful track record. A few of our recent successes are Beau Rivage (completed), St. Tropez and Riviera (sold out-under construction) in Ft. Myers, Florida. We also have holdings in Connecticut and New York. For more information on our company, including financial, we invite you to visit our website, www.hfaholdings.com.
4. What are the community amenities?
In each of the four luxurious towers, Aruba, Bermuda, Cayman and Dominica, the following luxury amenities will be available:
Concierge service
Elegant porte-cochere and entry into a grand foyer with coffered ceilings
State-of-the-art fitness area
Private cinema for movie screening and sports events viewing
Elegantly furnished clubroom and entertainment area with catering kitchen
Internet café
Gated entry with designer pavers
Lush tropical landscaping throughout the community
Spectacular lakefront infinity-edge pool with whirlpool spa
Two chilled lap pools
Clubhouse with meeting room and pool
Outdoor grill area
Pedestrian walking path through the community and along Clear Lake
5. What about sidewalks or paths for those of us who like to walk?
We have designed a paved pedestrian and bike path through the community that will continue along beautiful Clear Lake and eventually connect Sail Club with downtown West Palm Beach.
6. How close is Sail Club to the beach?
The Atlantic Ocean area beaches are world famous and are only 10 minutes from Sail Club.
7. What are the square footages and prices of the residences?
The A residence 3 Bedrooms,
2.5 Baths 1,973 sf from $597,000

The B residence 3 Bedrooms,
2 Baths 1,502 sf from $461,000

The C residence 2 Bedrooms,
2 Baths 1,353 sf from $385,000

The D residence 2 Bedrooms,
2 Baths 1,369 sf from $384,700

The E residence 3 Bedrooms,
2.5 Baths 2,007 sf from $621,000

The F residence 3 Bedrooms,
2 Baths 1,588 sf from $474,800

The G residence 2 Bedrooms,
2.5 Baths 1,455 sf from $391,800

The H residence 1 Bedrooms,
1 Bath 755 sf from $295,900

The I residence 3 Bedrooms,
3 Baths 2,195 sf from $692,190

The J residence 3 Bedrooms,
2 Baths 1,659 sf from $507,395

The K residence 2 Bedrooms,
2 Baths 1,393 sf from $373,200

8. What are my monthly HOA fees?
These fees are approximate:

A $536.31 G $395.72
B $424.20 H $189.68
C $379.05 I $607.82
D $378.45 J $462.68
E $549.04 K $376.93
F $435.72

9. How many residences will be offered?
At the builder's discretion, up to 450 residences will be offered.
10. How do I access my residence?
Each of the four towers will have three centrally located elevators on each floor.
11. What will my views be like?
Residence will feature magnificent waterfront views of Clear Lake, the Intracoastal* and downtown West Palm Beach
* The upper floors will have ocean and Intracoastal view
12. What are the residence features?
High-speed elevators
Impact-resistant architectural glass on all windows and sliding doors
Large terraces with access from the living room and/or master bedroom
Pre-wired for multi-line telephone system and cable television
High-speed Internet access
Spacious walk-in closets per plan
Digital programmable thermostat control
Recessed lighting in halls, kitchen and bathrooms
European-styled cabinetry
Granite countertops in the kitchen
18-inch tile set on the diagonal
Oversized doors
9'4" ceilings
Signature built-in refrigerators
Stainless steel appliances with gas cooktop - the only high-rise in West Palm Beach to offer this amenity
Top-of-the-line dishwasher
Laundry room with full-size premium washer and dryer per plan
13. Is this a gated community?
Yes
14. What is the construction timeline and opening schedule?
The duration of construction will consist of an aggressive 24-month schedule. We anticipate completing construction in December of 2007.
15. When would I be able to take occupancy?
Early 2008
16. Will I be allowed to purchase multiple residences?
This is up to the developer's discretion.
17. During the construction period, can my contract be assigned to another prospective buyer?
Yes, at the discretion of the developer you may be able to assign the contract any time after 12 months from the date of the original contract signing and after at least 90% of the phase is sold out.
18. What if I decide to sell my residence?
The terms of ownership of your residence are exactly the same as with any condominium, including your right to sell it, either by yourself or through the real estate agency of your choice.
19. Is there assigned parking and can I purchase additional spaces or upgrade my assigned space?
Yes. All parking is assigned and there will be opportunities to upgrade your parking space and purchase an additional space.
20. Does every residence have a terrace?
Yes, all residences have terraces. The first floors have patio/terraces.
21. Will pets be allowed?
Yes. You may have a pet up to 38 lbs or two pets that are no more than 38 lbs combined.
22. What is the building security program?
The latest security not necessarily limited to surveillance, card readers, security staff, magnetic-locking devices, card-key entry, code access, key-fab systems, etc.
23. If I purchase a residence, may I rent it out on my own?
Yes, with certain restrictions. You may rent it yearly, as you would any other condominium. If you rent it for less than a full year, the minimum rental period per tenant is one month, and you cannot rent it for more than 120 days out of the year.
24. Will there be any special financing?
The developer is planning on having special financing opportunities for purchasers at Sail Club. Bank representatives will be on-site during the October 1 sales event and will be contacting purchasers to answer questions and begin the process of obtaining financing. Please note: all purchase agreements are non-contingent.


 
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