Construction Underway for 201-Unit ‘Stellar Townhomes at Space Coast’ at 3795 Flypark Drive, Rockledge, Florida

Image by Stellar Communities

A build-to-rent (BTR) community is slated for the former site of an airport in Rockledge, Florida.

Construction started earlier this month on Stellar Townhomes at Space Coast, a 201-unit development. Townhomes will measure 1,400 to 2,000 square feet, including two-, three-, and four-bedroom floorplans.

According to the project’s website, interior finishings will include quartz countertops, energy-efficient appliances, and “elegant features and design.” Future residents would also have access to various on-site amenities, like a dog washing station and swimming pool.

Plans call for 201 townhomes. Image by Stellar Communities

Stellar Communities is the developer. The firm purchased the townhome project’s build site for $10.7 million in 2025. Stellar recently secured more than $40 million in financing to help fund its Space Coast venture. Initially, Stellar wanted to a proceed with a 318-unit multi-family project, but those plans never came to fruition.

Stellar Communities is no stranger to Florida’s real estate game. In 2022, Florida YIMBY shared information on Stellar Central Park, a community that has since completed construction in Port Saint Lucie. There’s also the evolving Havens at Palm Bay Reserve, which aims to welcome its first residents August 1st.

Stellar Townhomes at Space Coast is slated for 3795 Flypark Drive, Rockledge, Florida, 32955, in Brevard County.

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