Miami-area investment firm buys Oasis at Naples condos

BUYER: Oasis Naples Development Group (principal: Tomas Cabrerizo), Miami
SELLER: Miller Lake Investments LLC
PROPERTY: 2277 Arbour Walk Circle, Naples (main address)
PRICE: $5.61 million (includes condominium association dues and commissions)
PREVIOUS PRICE: $7.29 million, December 2007 (included additional property)
LAW FIRM ON DEED: Howard A. Kantrowitz Esq., Miami

PLANS, DESCRIPTION: Aventura-based Coast Capital Partners LLC purchased the 78 condominium units at the Oasis at Naples for $5.61 million.

Excluding condominium association dues and commissions, the price ($5.4 million) equated to $69,231 per unit or $70 per square foot.