D.R. Horton buys, developing former Sarasota Golf Club

BUYER: D.R. Horton Inc. (principals: Paul Romanowski, Donald Tomnitz, Bill Wheat, Donald Horton, Thomas Montano, Stacey Dwyer, Kathleen Shippey and Ashley Dagley), Tampa
SELLER: Civix Sarasota GC LLC
PROPERTY: 7280 N. Leewynn Drive, Sarasota
PRICE: $7.03 million
PREVIOUS PRICE: $2.2 million, November 2003
LAW FIRM ON DEED: Akerman LLP, Orlando

PLANS, DESCRIPTION: Fort Worth-based homebuilder D.R. Horton Inc. purchased the 172-acre former Sarasota Golf Club property for $7.03 million.

The price equated to $40,843 per acre.