Affordable Senior Apartments
West Palm Beach
87 Senior Affordable Apartments at 4330 Community Drive West Palm Beach
Georgian Gardens Apartments a new four-story apartment building located at 4330 Community Drive, West Palm Beach, Florida. The development will be comprised of 87 affordable housing apartments for elderly residents, 79 of which will be 1-bedroom/1-bathroom units and 8 of which will be 2-bedroom/2-bathroom apartments. Nine (9) apartments will be set aside for residents at or below 33% of AMI and 78 units will be set aside for residents at or below 60% of AMI. There will be 100 parking spaces provided. The ground floor of the apartment community will have a fitness center and multi-purpose room for events and gatherings.
The $21.5 million Affordable Apartments for Seniors, Georgian Gardens project is to provide 87 apartments at 4330 Community Drive, just east of Military Trail and a mile north of Okeechobee Boulevard.
Georgian Gardens Affordable Apartments originally was developed as a two-building project, but one was destroyed by hurricanes in 2004 and 2005, city spokeswoman Kathleen Walter said.
The new four-story building is scheduled for completion next year on what is now a 2.7-acre field on the south side of Community.
It is targeted for seniors with an income below 60 percent of the area median income. That means, a one-person household would have to have income of $32,340 or less, while a two-person household would have to earn $36,960 or less.
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