Design a Logo for our South Florida Community

Palm Cove at Monarch Lakes

Palm Cove is a community of 93 homes in Miramar, FL (Miami/Ft. Lauderdale). We are looking to start branding our community in a nice professional manner.

We are a community of less than 100 homes. Our audience would be existing residents and potential residents looking to purchase a home within the community.

We are looking for a logo that will represent our community.

The requirements are as follows:

1) Elegant and Professional
2) The logo should incorporate the words "Palm" & "Cove" and a Palm Tree to the right of these words. No restrictions on the words being side-by-side or top-to-bottom, designers discretion.
3) Beneath the graphics in requirement 2 should be the phrase
"@ Monarch Lakes" or "at Monarch Lakes."
4) The typeface should be clear, simple and bold. We want something that stands out. **No Script Fonts**

Please feel free to experiment with colors!
The files we will require are:
Print file format - .ai (CMYK)
Web file format - .jpg