Local politician pays $4.75M for Holmes Beach property, mum on plans

Naples/Fort Myers

Where all the action is: The Fort Myers commercial real estate firm LSI Cos. has brokered a trio of deals in Punta Gorda totaling 349 acres and $5.72 million. The bulk of the Charlotte County sales were for a 339-acre parcel of residential property at 26901 Zemel Road, which brought $4.25 million. The property was bought by an LLC whose Lakewood Ranch address matches that of homebuilder Neal Communities. Neal, through another LLC, recently bought 345 acres in Lee County’s Alva community for $5.5 million. The other two sales are for properties right next to one another on Rampart Boulevard. The largest is for three parcels totaling 6.55 acres which sold for $955,000 to a company called Rampart USA LP. The second is four acres and sold for $522,000 to Sanjay Patel and Daxaben Patel. Both were previously owned by an LLC that’s registered to a Hialeah law firm. 

Bryer’s market: The Naples real estate investment firm Bryer Properties has bought an office development and a vacant office pad off of U.S. Highway 41 in the city. The three-building property, the Hammock Cove Office Park, totals 17,000 square feet according to Bonita Springs-based Premier Commercial, which represented Bryer and announced the deal. The firm paid $5 million for the development at 4660, 4670, 4680 and 4690 Cardinal Way.