Lennar will soon build its first luxury waterfront homes in the Tampa Bay area after the Miami-based company purchased the Little Harbor residential community in Ruskin, Fla. for $17 million, reports Tampa Bay Times staffer Susan Taylor Martin.

The community has 183 remaining undeveloped home sites – most of them waterfront – after the previous developer, Bahia Sun, built only seven of the 190 homes planned for the property before the market crashed.

The homes, ranging from 2,500 to more than 4,000 square feet, will cost from $400,000 to $700,000. Reflecting Lennar's "Everything's Included'' slogan, prices will include all kitchen appliances plus washer and dryer. The first model home is expected to be completed in September.

“This area is ready for development and is surrounded by amenities that buyers want,'' Mark Metheny, division president of Lennar Central Florida, said in a statement Tuesday. "Little Harbor is a place where residents can have a home on the water, with saltwater access and a convenient location to get around the Tampa Bay area.''

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