DiVosta Homes buys 850 acres of Winding Cypress

BUYER: DiVosta Homes LP, Bonita Springs
SELLER: Barron Collier Co. Ltd.
PROPERTY: 8271 Veronawalk Circle, 100 Barefoot Williams Road and additional land, Naples
PRICE: $15.36 million
PREVIOUS PRICE: $14.42 million, December 1998 and $6.2 million, December 1995
LAW FIRM ON DEED: Coleman Yovanovich & Koester PA, Naples

PLANS, DESCRIPTION:
National homebuilder DiVosta Homes purchased 849.79 acres of grazing land north of Tamiami Trail and east of Henderson Drive for $15.36 million.

The price equated to $18,071 per acre.