D.R. Horton buys lots in Palmer Oaks

BUYER: D.R. Horton Inc. (principals: Paul Romanowki, Donald Tomnitz, Bill Wheat, Donald Horton, Thomas Montano and Stacey Dwyer), Fort Worth, Texas

SELLER: PLP Lots LLC

PROPERTY: a portion of Honore Avenue and Clark Road, Sarasota also known as lots 1-6 and 10-19, Palmer Oaks Estates

PRICE: $800,000

PREVIOUS PRICE:

LAW FIRM ON DEED: Williams Parker Harrison Dietz &Getzen, Sarasota

PLANS, DESCRIPTION: Homebuilder D.R. Horton Inc. purchased 15 lots in Palmer Oaks for $800,000.

The price equated to $53,333 per home lot.

The national homebuilder also has the remainder of the community, 71 lots, under contract. It's building a model on one of the lots and another five inventory homes.