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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

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<P align="center" style="font-size: 10pt"><B>As filed with the Securities and Exchange Commission on August&nbsp;25, 2004</B>



<P align="right" style="font-size: 10pt"><B>Registration
No.&nbsp;333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B>


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<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>

<DIV align="center" style="font-size: 12pt"><B>WASHINGTON, D.C. 20549</B>
</DIV>

<P align="center" style="font-size: 18pt"><B>Form&nbsp;S-8</B>


<P align="center" style="font-size: 10pt"><B>REGISTRATION STATEMENT<BR>
under<BR>
THE SECURITIES ACT OF 1933</B>



<P align="center" style="font-size: 10pt"><HR align="center" size="1" noshade width="15%">


<P align="center" style="font-size: 24pt"><B>WCI Communities, Inc.</B>

<DIV align="center" style="font-size: 10pt">(Exact Name of Registrant as Specified in its Charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">

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<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>59-2857021</B></TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top">(State or Other Jurisdiction of<BR>
Incorporation or Organization)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(I.R.S. Employer<BR>
Identification Number)</TD>
</TR>


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</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><B>24301 Walden Center Drive<BR>
Bonita Springs, Florida 34134</B><BR>
(Address, Including Zip Code, of Registrant&#146;s Principal Executive Office)<BR>
<B>2004 Stock Incentive Plan</B><BR>
(Full titles of the Plan)



<P align="center" style="font-size: 10pt"><HR align="center" size="1" noshade width="15%">



<P align="center" style="font-size: 10pt"><B>Vivien N. Hastings, Esq.<BR>
WCI Communities, Inc.<BR>
24301 Walden Center Drive<BR>
Bonita Springs, Florida 34134<BR>
(239)&nbsp;947-2600</B><BR>
(Name, Address and Telephone Number, Including Area Code, of Agent For Service)



<P align="center" style="font-size: 10pt"><B><I>Copy to:</I></B><BR>
<B>John B. Tehan, Esq.<BR>
Simpson Thacher &#038; Bartlett LLP<BR>
425 Lexington Avenue<BR>
New York, New York 10017<BR>
(212)&nbsp;455-2000</B><BR>
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<P align="center" style="font-size: 10pt"><B>CALCULATION OF REGISTRATION FEE</B>


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    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="6%">&nbsp;</TD>
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    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
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    <TD nowrap align="left" colspan="17"><B>&nbsp;</B><HR size="1" noshade></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Proposed Maximum</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Proposed Maximum</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Amount of</B></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Amount to be</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Offering Price Per</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Aggregate Offering</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Registration Fee</B></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Title of Securities to be Registered</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Registered (a)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Share (b)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Price (b)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>(b)</B></TD>
</TR>


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    <TD colspan="17" align="left"><HR size="1" noshade>&nbsp;</TD>
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<TR valign="bottom">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Common Stock, $0.01 par value per share</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10,600,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">23.95</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">253,870,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">32,165.33</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD colspan="17" align="left"><HR size="1" noshade>&nbsp;</TD>
</TR>

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</TABLE>
</DIV>



<P>

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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In addition to the shares set forth in the table, pursuant to Rule
416 under the Securities Act of 1933, as amended, the number of shares registered includes an indeterminable number of shares of
common stock issuable under 2004 Stock Incentive Plan, as this amount
may be adjusted as a result of stock splits, stock dividends and
antidilution provisions.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Pursuant to Rule&nbsp;457(h)(1) and Rule 457(c) under the Securities
Act of 1933, as amended, the proposed maximum offering price per
share, the proposed maximum aggregate offering price and the amount
of registration fee have been computed on the basis of the average
high and low prices per share of the Common Stock on the New York
Stock Exchange on August&nbsp;24, 2004.</TD>
</TR>

</TABLE>


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<P align="center" style="font-size: 10pt">&nbsp;
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<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

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<TR><TD colspan="9"><A HREF="#000"> PART I</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001"> PART II</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#002">Item</A></TD></TR>
<TR><TD colspan="9"><A HREF="#003"> SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#004"> EXHIBIT INDEX</A></TD></TR>
<TR><TD colspan="9"><A HREF="y01137exv5w1.htm">EX-5.1: OPINION OF JAMES D. CULLEN, ESQ.</A></TD></TR>
<TR><TD colspan="9"><A HREF="y01137exv23w1.htm">EX-23.1: CONSENT OF PRICEWATERHOUSECOOPERS LLP</A></TD></TR>
</TABLE>
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<P align="center" style="font-size: 10pt"><B>PART I</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All information required by Part&nbsp;I to be contained in the prospectus is
omitted from this Registration Statement in accordance with Rule&nbsp;428 under the
Securities Act of 1933, as amended (the &#147;Securities Act&#148;).

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<DIV align="left"><A NAME="001"></A></DIV>

<P align="center" style="font-size: 10pt"><B>PART II</B>


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<P align="left" style="font-size: 10pt">Item


<P>

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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>3.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Incorporation of Documents by Reference.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents filed by WCI Communities, Inc. (the &#147;Company&#148; or
&#147;Registrant&#148;) with the Securities and Exchange Commission (the &#147;Commission&#148;)
pursuant to the Securities Exchange Act of 1934, as amended (the &#147;Exchange
Act&#146;), are hereby incorporated by reference in this Registration Statement:


<P>

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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Our Annual Report for the year ended December&nbsp;31, 2003 as filed
on Form 10-K on March&nbsp;1, 2004 (File No.&nbsp;001-31255);</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Our Quarterly Report for the period ending March&nbsp;31, 2004 as
filed on Form 10-Q on April&nbsp;29, 2004 (File No.&nbsp;001-31255);</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Our Current Report on Form 8-K dated March&nbsp;16, 2004 (File No.
001-31255);</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Our Current Report on Form 8-K dated February&nbsp;25, 2004 (File
No.&nbsp;001-31255);</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(f)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Our Quarterly Report for the period ending June&nbsp;30, 2004 as
filed on Form 10-Q on August&nbsp;3, 2004 (File No.&nbsp;001-31255); and</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(g)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The description of our common stock contained in our
Registration Statement on Form S-3 as filed on September&nbsp;12, 2003
(File No.&nbsp;333-108762), including any amendment or report updating
such description.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents filed by the Company pursuant to Sections&nbsp;13(a), 13(c), 14
and 15(d) of the Exchange Act after the date of this Registration Statement and
prior to the filing of a post-effective amendment to this Registration
Statement which indicates that all securities offered have been sold or which
deregisters all securities then remaining unsold shall be deemed to be
incorporated by reference in this Registration Statement and to be a part
hereof from the date of filing such documents. Any statement contained in a
document incorporated or deemed to be incorporated by reference herein shall be
deemed to be modified or superseded for purposes of this Registration Statement
to the extent that a statement contained herein or in any other subsequently
filed document which also is or is deemed to be incorporated by reference
herein modifies or supersedes such statement. Any such statement so modified
or superseded shall not be deemed, except as so modified or superseded, to
constitute a part of this Registration Statement.


<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>4.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Description of Securities.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Not required.</TD>
</TR>

</TABLE>


<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>5.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Interests of Named Experts and Counsel.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>None.</TD>
</TR>

</TABLE>


<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>6.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Indemnification of Directors and Officers.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;145 of the Delaware General Corporation Law (the &#147;DGCL&#148;) permits
companies to indemnify their officers and directors against expenses (including
attorneys&#146; fees), judgments, fines and amounts paid in settlement actually and
reasonably incurred by him or her in connection with any threatened, pending or
completed action (except settlements or judgments in derivative suits), suit or
proceeding in which such person is made a party by reason of his or her being
or having been a director, officer, employee or agent of the company, in terms
sufficiently broad to permit such indemnification under certain circumstances
for liabilities (including reimbursement for expenses incurred) arising under
the Securities Act. The statute provides that indemnification pursuant to its
provisions is not exclusive of other rights of indemnification to which a
person may be entitled under any by-law, agreement, vote of stockholders of
disinterested directors, or otherwise.


<P align="center" style="font-size: 10pt">2
</DIV>

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<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#146;s certificate of incorporation provides for the mandatory
indemnification of its directors, officers, employees and other agents to the
maximum extent permitted by the DGCL.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As permitted by sections 102 and 145 of the DGCL, the Registrant&#146;s
certificate of incorporation eliminates a director&#146;s personal liability for
monetary damages to the Registrant and its stockholders arising from a breach
of a director&#146;s fiduciary duty, other than for a breach of a director&#146;s duty of
loyalty or for acts or omissions not in good faith or which involve intentional
misconduct or a knowing violation of law, and except as otherwise provided
under the DGCL. The Registrant may purchase and maintain insurance on behalf
of any director or officer of the Registrant against any liability asserted
against such person, whether or not the company would have the power to
indemnify such person against such liability under the provisions of the
certificate of incorporation or otherwise. The Registrant has purchased and
maintains insurance on behalf of its directors and officers.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant has entered into indemnification agreements with certain of
its officers and directors. Pursuant to such indemnification agreements, the
Registrant has, subject to certain limitations contained therein, indemnified
to the fullest extent permitted by law certain of its officers and directors
and held such officers and directors free and harmless from any and all losses,
claims, damages, liabilities or Expenses (as defined in such indemnification
agreements), including without limitation, attorneys&#146; fees, judgments, fines,
ERISA excise taxes or penalties, witness fees, amounts paid in settlement and
other Expenses (including all interest, assessments and other charges paid or
payable in connection with or in respect of such losses, claims, damages,
liabilities or Expenses) incurred in connection with a Proceeding (as defined
in such indemnification agreements), notwithstanding that the basis for such
indemnification is not specifically enumerated in the indemnification
agreements, the Registrant&#146;s certificate of incorporation, the DGCL, any other
statute or otherwise. The right to indemnification includes the right to the
advance by the Registrant of Expenses incurred by such officers and directors
in any Proceeding as such Expenses are incurred, and in advance of such
Proceeding&#146;s final disposition (&#147;Expense Advances&#148;). If the Proceeding arises
in connection with an officer&#146;s or directors&#146; service as an officer or director
of the Registrant, then that officer or director, or his or her representative,
shall execute and deliver to the Registrant an undertaking, which need not be
secured and shall be accepted without reference to the officer&#146;s or director&#146;s
financial ability to make repayment, by or on behalf of the officer or
director, to repay all Expense Advances if it shall ultimately be determined by
a final, unappealable decision rendered by a court having jurisdiction over the
parties that the officer or director is not entitled to be indemnified by the
Registrant. The indemnification agreements provide that no indemnification
shall be provided by the Registrant: (i)&nbsp;if such officer or director has
received payment for the subject claim from one or more officers&#146; and
directors&#146; liability insurance policies maintained by the Registrant; (ii)&nbsp;on
account of a violation of Section 16(b) of the Exchange Act; (iii)&nbsp;with respect
to remuneration that is determined by a final judgment or other final
adjudication to be in violation of the law; or (iv)&nbsp;on account of conduct which
is finally adjudged to have been intentional misconduct, a knowing violation of
law, a violation of Section&nbsp;174 of the DGCL or a transaction from which such
officer or director derived an improper personal benefit. In addition,
indemnification shall not be provided by the Registrant if a final decision by
a court having jurisdiction in the matter shall determine that such
indemnification is not lawful.


<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>7.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Exemption from Registration Claimed.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Not applicable.</TD>
</TR>

</TABLE>


<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>8.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Exhibits.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The following exhibits are filed as part of this Registration Statement.</TD>
</TR>

</TABLE>


<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Restated Certificate of Incorporation of WCI Communities, Inc.
(incorporated by reference to Exhibit&nbsp;3.1 to Registration Statement on
Form S-4 filed April&nbsp;30, 2002 (File No.&nbsp;333-87250)).</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Second Amended and Restated By-Laws of WCI Communities, Inc.
(incorporated by reference to Exhibit&nbsp;3.48 to Registration Statement on
Form S-4 filed April&nbsp;30, 2002 (File No.&nbsp;333-87250)).</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">4.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Specimen of common stock (incorporated by reference to Exhibit&nbsp;4.1
to Registration Statement on Form S-1/A filed February&nbsp;13, 2002 (File
No.&nbsp;333-69048)).</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">4.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>2004 Stock Incentive Plan. (incorporated by reference to Exhbit C to Proxy Statement filed April 20, 2004
(File No. 31225)).</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">5.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Opinion of James D. Cullen, Esq. regarding the legality of the newly issued stock being registered.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">23.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Consent of PricewaterhouseCoopers LLP, independent auditors.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">23.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Consent of James D. Cullen, Esq. (included in his opinion filed as Exhibit&nbsp;5.1 hereto).</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">24</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Power of Attorney (included in Part&nbsp;II of this Registration Statement).</TD>
</TR>

</TABLE>


<P align="center" style="font-size: 10pt">3
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>9.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Undertakings.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The undersigned Registrant hereby undertakes:



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) To file, during any period in which offers or sales are being made,
a post-effective amendment to this Registration Statement:



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by Section&nbsp;10(a)(3) of the
Securities Act;



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising after
the effective date of this Registration Statement (or the most recent
post-effective amendment thereof) which, individually or in the
aggregate, represent a fundamental change in the information set forth in
this Registration Statement;



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the plan
of distribution not previously disclosed in this Registration Statement
or any material change to such information set forth in this Registration
Statement;



<P align="left" style="margin-left:3%; font-size: 10pt"><I>provided, however</I>, that the undertakings set forth in paragraphs (a)(1)(i)
and (a)(1)(ii) above do not apply if the information required to be included
in a post-effective amendment by those paragraphs is contained in periodic
reports filed by the Registrant pursuant to Section&nbsp;13 or Section 15(d) of
the Exchange Act that are incorporated by reference in this Registration
Statement.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) That, for the purpose of determining any liability under the
Securities Act, each such post-effective amendment shall be deemed to be a
new registration statement relating to the securities offered therein, and
the offering of such securities at that time shall be deemed to be the
initial bona fide offering thereof.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) To remove from registration by means of a post-effective amendment
any of the securities being registered which remain unsold at the
termination of the offering.



<P align="left" style="margin-left:3%; font-size: 10pt">(b)&nbsp;The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the
Registrant&#146;s annual report pursuant to Section 13(a) or 15(d) of the
Exchange Act (and, where applicable, each filing of an employee benefit
plan&#146;s annual report pursuant to Section 15(d) of the Exchange Act) that is
incorporated by reference in the registration statement shall be deemed to
be a new registration statement relating to the securities offered therein,
and the offering of such securities at that time shall be deemed to be the
initial bona fide offering thereof.



<P align="left" style="margin-left:3%; font-size: 10pt">(c)&nbsp;Insofar as indemnification for liabilities arising under the Securities
Act may be permitted to directors, officers and controlling persons of the
Registrant pursuant to the foregoing provisions, or otherwise, the
Registrant has been advised that in the opinion of the Commission such
indemnification is against public policy as expressed in the Act and is,
therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the Registrant of
expenses incurred or paid by a director, officer or controlling person of
the Registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer or controlling person in connection
with the securities being registered, the Registrant will, unless in the
opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Act and
will be governed by the final adjudication of such issue.


<P align="center" style="font-size: 10pt">4
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<!-- link1 " SIGNATURES" -->
<DIV align="left"><A NAME="003"></A></DIV>

<P align="center" style="font-size: 10pt"><B>SIGNATURES</B>


<P align="left" style="font-size: 10pt">Pursuant to the requirements of the Securities Act of 1933, as amended, WCI
Communities, Inc. certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Bonita Springs, State of Florida, on the 25th
day of August, 2004.


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">

<!-- Begin Table Head --><TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="46%">&nbsp;</TD>
</TR>

<!-- End Table Head -->

<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">WCI Communities, Inc.</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ James P. Dietz</TD>
</TR>

<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><HR size="1" noshade>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Name:<BR>
Title:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">James P. Dietz<br>
Senior Vice President and Chief Financial Officer</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><B>POWER OF ATTORNEY</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We the undersigned officers and directors of WCI Communities, Inc., hereby
severally constitute and appoint James P. Dietz, Vivien N. Hastings and James
D. Cullen and each of them singly (with full power to each of them to act
alone), our true and lawful attorneys-in-fact and agents, with full power of
substitution and resubstitution in each of them for him and in his name, place
and stead, and in any and all capacities, to sign any and all amendments
(including post-effective amendments) to this Registration Statement (or any
other Registration Statement for the same offering that is to be effective upon
filing pursuant to Rule 462(b) under the Securities Act of 1933), and to file
the same, with all exhibits thereto and other documents in connection
therewith, with the Securities and Exchange Commission, granting unto said
attorneys-in-fact and agents, and each of them, full power and authority to do
and perform each and every act and thing requisite or necessary to be done in
and about the premises, as full to all intents and purposes as he might or
could do in person, hereby ratifying and confirming all that said
attorneys-in-fact and agents or any of them or their or his substitute or
substitutes may lawfully do or cause to be done by virtue hereof.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended,
this registration statement has been signed on August&nbsp;25th, 2004 by or on
behalf of the following person in the capacities indicated with the Registrant.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">

<!-- Begin Table Head --><TR valign="bottom">
    <TD width="46%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="48%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center"><B>Signature</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Title</B><HR size="1" noshade></TD>
</TR>


<!-- End Table Head -->

<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Alfred Hoffman, Jr.
<HR size="1" noshade>
Alfred Hoffman, Jr.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Chief Executive Officer and Director</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Don E. Ackerman
<HR size="1" noshade>
Don E. Ackerman
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Chairman of the Board of Directors and Executive
Vice President</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Jerry Starkey<BR>
<HR size="1" noshade>
Jerry Starkey
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">President and Director</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ James P. Dietz
<HR size="1" noshade>
James P. Dietz
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Chief Financial Officer</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Scott Perry<BR>
<HR size="1" noshade>
Scott Perry
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Chief Accounting Officer</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Hilliard M. Eure, III
<HR size="1" noshade>
Hilliard M. Eure, III
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>


<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">5
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">

<!-- Begin Table Head --><TR valign="bottom">
    <TD width="46%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="48%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center"><B>Signature</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Title</B><HR size="1" noshade></TD>
</TR>


<!-- End Table Head -->

<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ F. Philip Handy
<HR size="1" noshade>
F. Philip Handy
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Lawrence L. Landry
<HR size="1" noshade>
Lawrence L. Landry
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Thomas F. McWilliams
<HR size="1" noshade>
Thomas F. McWilliams
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Kathleen M. Shanahan
<HR size="1" noshade>
Kathleen M. Shanahan
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Stewart Turley<BR>
<HR size="1" noshade>
Stewart Turley
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>


<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">6
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<!-- link1 " EXHIBIT INDEX" -->
<DIV align="left"><A NAME="004"></A></DIV>

<P align="center" style="font-size: 10pt"><B>EXHIBIT INDEX</B>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">

<!-- Begin Table Head --><TR valign="bottom">
    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Exhibit</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>&nbsp;</B></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Number</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Description of Exhibit</B></TD>
</TR>


<!-- End Table Head -->

<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Restated Certificate of Incorporation of WCI Communities,
Inc. (incorporated by reference to Exhibit&nbsp;3.1 to Registration
Statement on Form&nbsp;S-4 filed April&nbsp;30, 2002 (File No.&nbsp;333-87250)).</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Second Amended and Restated By-Laws of WCI Communities, Inc.
(incorporated by reference to Exhibit&nbsp;3.48 to Registration Statement
on Form&nbsp;S-4 filed April&nbsp;30, 2002 (File No.&nbsp;333-87250)).</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Specimen of common stock (incorporated by reference to
Exhibit&nbsp;4.1 to Registration Statement on Form&nbsp;S-1/A filed February
13, 2002 (File No.&nbsp;333-69048)).</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.4
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2004 Stock Incentive Plan. (incorporated by reference to Exhbit C to Proxy Statement filed April
20, 2004
(File No. 31225)).</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of James D. Cullen, Esq. regarding the legality of
the newly issued stock being registered.</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of PricewaterhouseCoopers LLP, independent auditors.</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of James D. Cullen, Esq. (included in his opinion filed as Exhibit&nbsp;5.1 hereto).</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">24
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney (included in Part II of this Registration Statement).</TD>
</TR>


<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">7
</DIV>

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{"company-data": {"conformed-name": "WCI COMMUNITIES INC", "cik": "0001137778", "assigned-sic": "1531", "irs-number": "592857021"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-118573", "film-number": "04998237"}, "business-address": {"street1": "24301 WALDEN CENTER DRIVE", "street2": "SUITE 300", "city": "BONITA SPRINGS", "state": "FL", "zip": "34134", "phone": "2394988605"}, "mail-address": {"street1": "24301 WALDEN CENTER DR", "city": "BONITA SPRINGS", "state": "FL", "zip": "34134"}}
S-8
Table of Contents
As filed with the Securities and Exchange Commission on August 25, 2004
Registration
No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form S-8
REGISTRATION STATEMENT
under
THE SECURITIES ACT OF 1933
WCI Communities, Inc.
(Exact Name of Registrant as Specified in its Charter)
Delaware
59-2857021
(State or Other Jurisdiction of
Incorporation or Organization)
(I.R.S. Employer
Identification Number)
24301 Walden Center Drive
Bonita Springs, Florida 34134
(Address, Including Zip Code, of Registrant's Principal Executive Office)
2004 Stock Incentive Plan
(Full titles of the Plan)
Vivien N. Hastings, Esq.
WCI Communities, Inc.
24301 Walden Center Drive
Bonita Springs, Florida 34134
(239) 947-2600
(Name, Address and Telephone Number, Including Area Code, of Agent For Service)
Copy to:
John B. Tehan, Esq.
Simpson Thacher & Bartlett LLP
425 Lexington Avenue
New York, New York 10017
(212) 455-2000
CALCULATION OF REGISTRATION FEE
Proposed Maximum
Proposed Maximum
Amount of
Amount to be
Offering Price Per
Aggregate Offering
Registration Fee
Title of Securities to be Registered
Registered (a)
Share (b)
Price (b)
(b)
Common Stock, $0.01 par value per share
10,600,000
$
23.95
$
253,870,000
$
32,165.33
(a)
In addition to the shares set forth in the table, pursuant to Rule
416 under the Securities Act of 1933, as amended, the number of shares registered includes an indeterminable number of shares of
common stock issuable under 2004 Stock Incentive Plan, as this amount
may be adjusted as a result of stock splits, stock dividends and
antidilution provisions.
(b)
Pursuant to Rule 457(h)(1) and Rule 457(c) under the Securities
Act of 1933, as amended, the proposed maximum offering price per
share, the proposed maximum aggregate offering price and the amount
of registration fee have been computed on the basis of the average
high and low prices per share of the Common Stock on the New York
Stock Exchange on August 24, 2004.
TABLE OF CONTENTS
PART I
PART II
Item
SIGNATURES
EXHIBIT INDEX
EX-5.1: OPINION OF JAMES D. CULLEN, ESQ.
EX-23.1: CONSENT OF PRICEWATERHOUSECOOPERS LLP
Table of Contents
PART I
All information required by Part I to be contained in the prospectus is
omitted from this Registration Statement in accordance with Rule 428 under the
Securities Act of 1933, as amended (the "Securities Act").
PART II
Item
3.
Incorporation of Documents by Reference.
The following documents filed by WCI Communities, Inc. (the "Company" or
"Registrant") with the Securities and Exchange Commission (the "Commission")
pursuant to the Securities Exchange Act of 1934, as amended (the "Exchange
Act'), are hereby incorporated by reference in this Registration Statement:
(a)
Our Annual Report for the year ended December 31, 2003 as filed
on Form 10-K on March 1, 2004 (File No. 001-31255);
(b)
Our Quarterly Report for the period ending March 31, 2004 as
filed on Form 10-Q on April 29, 2004 (File No. 001-31255);
(c)
Our Current Report on Form 8-K dated March 16, 2004 (File No.
001-31255);
(d)
Our Current Report on Form 8-K dated February 25, 2004 (File
No. 001-31255);
(f)
Our Quarterly Report for the period ending June 30, 2004 as
filed on Form 10-Q on August 3, 2004 (File No. 001-31255); and
(g)
The description of our common stock contained in our
Registration Statement on Form S-3 as filed on September 12, 2003
(File No. 333-108762), including any amendment or report updating
such description.
All documents filed by the Company pursuant to Sections 13(a), 13(c), 14
and 15(d) of the Exchange Act after the date of this Registration Statement and
prior to the filing of a post-effective amendment to this Registration
Statement which indicates that all securities offered have been sold or which
deregisters all securities then remaining unsold shall be deemed to be
incorporated by reference in this Registration Statement and to be a part
hereof from the date of filing such documents. Any statement contained in a
document incorporated or deemed to be incorporated by reference herein shall be
deemed to be modified or superseded for purposes of this Registration Statement
to the extent that a statement contained herein or in any other subsequently
filed document which also is or is deemed to be incorporated by reference
herein modifies or supersedes such statement. Any such statement so modified
or superseded shall not be deemed, except as so modified or superseded, to
constitute a part of this Registration Statement.
4.
Description of Securities.
Not required.
5.
Interests of Named Experts and Counsel.
None.
6.
Indemnification of Directors and Officers.
Section 145 of the Delaware General Corporation Law (the "DGCL") permits
companies to indemnify their officers and directors against expenses (including
attorneys' fees), judgments, fines and amounts paid in settlement actually and
reasonably incurred by him or her in connection with any threatened, pending or
completed action (except settlements or judgments in derivative suits), suit or
proceeding in which such person is made a party by reason of his or her being
or having been a director, officer, employee or agent of the company, in terms
sufficiently broad to permit such indemnification under certain circumstances
for liabilities (including reimbursement for expenses incurred) arising under
the Securities Act. The statute provides that indemnification pursuant to its
provisions is not exclusive of other rights of indemnification to which a
person may be entitled under any by-law, agreement, vote of stockholders of
disinterested directors, or otherwise.
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The Registrant's certificate of incorporation provides for the mandatory
indemnification of its directors, officers, employees and other agents to the
maximum extent permitted by the DGCL.
As permitted by sections 102 and 145 of the DGCL, the Registrant's
certificate of incorporation eliminates a director's personal liability for
monetary damages to the Registrant and its stockholders arising from a breach
of a director's fiduciary duty, other than for a breach of a director's duty of
loyalty or for acts or omissions not in good faith or which involve intentional
misconduct or a knowing violation of law, and except as otherwise provided
under the DGCL. The Registrant may purchase and maintain insurance on behalf
of any director or officer of the Registrant against any liability asserted
against such person, whether or not the company would have the power to
indemnify such person against such liability under the provisions of the
certificate of incorporation or otherwise. The Registrant has purchased and
maintains insurance on behalf of its directors and officers.
The Registrant has entered into indemnification agreements with certain of
its officers and directors. Pursuant to such indemnification agreements, the
Registrant has, subject to certain limitations contained therein, indemnified
to the fullest extent permitted by law certain of its officers and directors
and held such officers and directors free and harmless from any and all losses,
claims, damages, liabilities or Expenses (as defined in such indemnification
agreements), including without limitation, attorneys' fees, judgments, fines,
ERISA excise taxes or penalties, witness fees, amounts paid in settlement and
other Expenses (including all interest, assessments and other charges paid or
payable in connection with or in respect of such losses, claims, damages,
liabilities or Expenses) incurred in connection with a Proceeding (as defined
in such indemnification agreements), notwithstanding that the basis for such
indemnification is not specifically enumerated in the indemnification
agreements, the Registrant's certificate of incorporation, the DGCL, any other
statute or otherwise. The right to indemnification includes the right to the
advance by the Registrant of Expenses incurred by such officers and directors
in any Proceeding as such Expenses are incurred, and in advance of such
Proceeding's final disposition ("Expense Advances"). If the Proceeding arises
in connection with an officer's or directors' service as an officer or director
of the Registrant, then that officer or director, or his or her representative,
shall execute and deliver to the Registrant an undertaking, which need not be
secured and shall be accepted without reference to the officer's or director's
financial ability to make repayment, by or on behalf of the officer or
director, to repay all Expense Advances if it shall ultimately be determined by
a final, unappealable decision rendered by a court having jurisdiction over the
parties that the officer or director is not entitled to be indemnified by the
Registrant. The indemnification agreements provide that no indemnification
shall be provided by the Registrant: (i) if such officer or director has
received payment for the subject claim from one or more officers' and
directors' liability insurance policies maintained by the Registrant; (ii) on
account of a violation of Section 16(b) of the Exchange Act; (iii) with respect
to remuneration that is determined by a final judgment or other final
adjudication to be in violation of the law; or (iv) on account of conduct which
is finally adjudged to have been intentional misconduct, a knowing violation of
law, a violation of Section 174 of the DGCL or a transaction from which such
officer or director derived an improper personal benefit. In addition,
indemnification shall not be provided by the Registrant if a final decision by
a court having jurisdiction in the matter shall determine that such
indemnification is not lawful.
7.
Exemption from Registration Claimed.
Not applicable.
8.
Exhibits.
The following exhibits are filed as part of this Registration Statement.
4.1
Restated Certificate of Incorporation of WCI Communities, Inc.
(incorporated by reference to Exhibit 3.1 to Registration Statement on
Form S-4 filed April 30, 2002 (File No. 333-87250)).
4.2
Second Amended and Restated By-Laws of WCI Communities, Inc.
(incorporated by reference to Exhibit 3.48 to Registration Statement on
Form S-4 filed April 30, 2002 (File No. 333-87250)).
4.3
Specimen of common stock (incorporated by reference to Exhibit 4.1
to Registration Statement on Form S-1/A filed February 13, 2002 (File
No. 333-69048)).
4.4
2004 Stock Incentive Plan. (incorporated by reference to Exhbit C to Proxy Statement filed April 20, 2004
(File No. 31225)).
5.1
Opinion of James D. Cullen, Esq. regarding the legality of the newly issued stock being registered.
23.1
Consent of PricewaterhouseCoopers LLP, independent auditors.
23.2
Consent of James D. Cullen, Esq. (included in his opinion filed as Exhibit 5.1 hereto).
24
Power of Attorney (included in Part II of this Registration Statement).
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9.
Undertakings.
(a) The undersigned Registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being made,
a post-effective amendment to this Registration Statement:
(i) To include any prospectus required by Section 10(a)(3) of the
Securities Act;
(ii) To reflect in the prospectus any facts or events arising after
the effective date of this Registration Statement (or the most recent
post-effective amendment thereof) which, individually or in the
aggregate, represent a fundamental change in the information set forth in
this Registration Statement;
(iii) To include any material information with respect to the plan
of distribution not previously disclosed in this Registration Statement
or any material change to such information set forth in this Registration
Statement;
provided, however
, that the undertakings set forth in paragraphs (a)(1)(i)
and (a)(1)(ii) above do not apply if the information required to be included
in a post-effective amendment by those paragraphs is contained in periodic
reports filed by the Registrant pursuant to Section 13 or Section 15(d) of
the Exchange Act that are incorporated by reference in this Registration
Statement.
(2) That, for the purpose of determining any liability under the
Securities Act, each such post-effective amendment shall be deemed to be a
new registration statement relating to the securities offered therein, and
the offering of such securities at that time shall be deemed to be the
initial bona fide offering thereof.
(3) To remove from registration by means of a post-effective amendment
any of the securities being registered which remain unsold at the
termination of the offering.
(b) The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the
Registrant's annual report pursuant to Section 13(a) or 15(d) of the
Exchange Act (and, where applicable, each filing of an employee benefit
plan's annual report pursuant to Section 15(d) of the Exchange Act) that is
incorporated by reference in the registration statement shall be deemed to
be a new registration statement relating to the securities offered therein,
and the offering of such securities at that time shall be deemed to be the
initial bona fide offering thereof.
(c) Insofar as indemnification for liabilities arising under the Securities
Act may be permitted to directors, officers and controlling persons of the
Registrant pursuant to the foregoing provisions, or otherwise, the
Registrant has been advised that in the opinion of the Commission such
indemnification is against public policy as expressed in the Act and is,
therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the Registrant of
expenses incurred or paid by a director, officer or controlling person of
the Registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer or controlling person in connection
with the securities being registered, the Registrant will, unless in the
opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Act and
will be governed by the final adjudication of such issue.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, WCI
Communities, Inc. certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Bonita Springs, State of Florida, on the 25th
day of August, 2004.
WCI Communities, Inc.
By:
/s/ James P. Dietz
Name:
Title:
James P. Dietz
Senior Vice President and Chief Financial Officer
POWER OF ATTORNEY
We the undersigned officers and directors of WCI Communities, Inc., hereby
severally constitute and appoint James P. Dietz, Vivien N. Hastings and James
D. Cullen and each of them singly (with full power to each of them to act
alone), our true and lawful attorneys-in-fact and agents, with full power of
substitution and resubstitution in each of them for him and in his name, place
and stead, and in any and all capacities, to sign any and all amendments
(including post-effective amendments) to this Registration Statement (or any
other Registration Statement for the same offering that is to be effective upon
filing pursuant to Rule 462(b) under the Securities Act of 1933), and to file
the same, with all exhibits thereto and other documents in connection
therewith, with the Securities and Exchange Commission, granting unto said
attorneys-in-fact and agents, and each of them, full power and authority to do
and perform each and every act and thing requisite or necessary to be done in
and about the premises, as full to all intents and purposes as he might or
could do in person, hereby ratifying and confirming all that said
attorneys-in-fact and agents or any of them or their or his substitute or
substitutes may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended,
this registration statement has been signed on August 25th, 2004 by or on
behalf of the following person in the capacities indicated with the Registrant.
Signature
Title
/s/ Alfred Hoffman, Jr.
Alfred Hoffman, Jr.
Chief Executive Officer and Director
/s/ Don E. Ackerman
Don E. Ackerman
Chairman of the Board of Directors and Executive
Vice President
/s/ Jerry Starkey
Jerry Starkey
President and Director
/s/ James P. Dietz
James P. Dietz
Chief Financial Officer
/s/ Scott Perry
Scott Perry
Chief Accounting Officer
/s/ Hilliard M. Eure, III
Hilliard M. Eure, III
Director
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Signature
Title
/s/ F. Philip Handy
F. Philip Handy
Director
/s/ Lawrence L. Landry
Lawrence L. Landry
Director
/s/ Thomas F. McWilliams
Thomas F. McWilliams
Director
/s/ Kathleen M. Shanahan
Kathleen M. Shanahan
Director
/s/ Stewart Turley
Stewart Turley
Director
6
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EXHIBIT INDEX
Exhibit
Number
Description of Exhibit
4.1
Restated Certificate of Incorporation of WCI Communities,
Inc. (incorporated by reference to Exhibit 3.1 to Registration
Statement on Form S-4 filed April 30, 2002 (File No. 333-87250)).
4.2
Second Amended and Restated By-Laws of WCI Communities, Inc.
(incorporated by reference to Exhibit 3.48 to Registration Statement
on Form S-4 filed April 30, 2002 (File No. 333-87250)).
4.3
Specimen of common stock (incorporated by reference to
Exhibit 4.1 to Registration Statement on Form S-1/A filed February
13, 2002 (File No. 333-69048)).
4.4
2004 Stock Incentive Plan. (incorporated by reference to Exhbit C to Proxy Statement filed April
20, 2004
(File No. 31225)).
5.1
Opinion of James D. Cullen, Esq. regarding the legality of
the newly issued stock being registered.
23.1
Consent of PricewaterhouseCoopers LLP, independent auditors.
23.2
Consent of James D. Cullen, Esq. (included in his opinion filed as Exhibit 5.1 hereto).
24
Power of Attorney (included in Part II of this Registration Statement).
7