In August 2022 Impact purchased approximately 16 acres of prime waterfront property in Apollo Beach, Florida - with about 4,000 linear feet of frontage on Biscayne Canal and Tampa Bay. The subject property is located next to the 400 acre Apollo Beach Golf and Sea golf course. Impact acquired the last remaining waterfront parcel of develop-able land located next to Apollo Beach Golf Course. This 16-acre parcel was re-imagined into a 46-lot luxury waterfront home development with private docks in a gated community setting. Interest in Hammock Bay has been very high due to the lack of inventory of well-located waterfront lots and also as a result of the recent adverse effects of Hurricanes Helene and Milton on waterfront properties. There is now an increased demand for constructing homes that adhere to the latest building codes and are built to the highest standards, ensuring both safety and peace of mind for future homeowners.
Over a span of 2 years, Impact obtained full entitlements and permits for the development and started construction in early 2025. Completion of construction and delivery of lots to owners / builders is projected to be in November 2025.