The week's top commercial real estate transactions in Charlotte, Collier, Hillsborough, Lee, Manatee, Pasco, Pinellas, Polk, Sarasota

A pair of hotels in Fort Myers sold for over $40 million to highlight transactions.


  • By Steven Benna
  • | 5:00 a.m. June 17, 2024
  • | 2 Free Articles Remaining!
  • Transactions
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Charlotte

None


Collier

Buyer: Preferred Materials Inc.
Seller: Arundel Company LLC and FRK Putnam LLC
Address: Naples
Property Type: Agricultural land
Price: $24,455,600
Previous Price: $20,115,300, March 2005

Buyer: Naples Racing Resort LLC
Seller: FCA US LLC
Address: 5301 34th Ave. S.E., Naples
Property Type: Race tracks
Price: $10,000,000
Previous Price: $7,000,000, March 2013

Buyer: D.R. Horton Inc.
Seller: Forestar (USA) Real Estate Group Inc.
Address: Naples
Property Type: Vacant land
Price: $1,549,500


Hillsborough 

Buyer: ET Oak Haven Owner LLC
Seller: DHIR - Tampa North I LLC
Address: 11889 Mountain Retreat Lane, Riverview
Property Type: Townhouse units
Price: $31,800,000

Buyer: Bridgeport Apartments FL LLC
Seller: Turkscap Apartments III LLC
Address: 3385 Creekridge Road, Brandon
Property Type: Apartment units
Price: $7,081,100

Buyer: Lampton Properties LLC
Seller: Standard Concrete Products Inc.
Address: 5801 W. Commerce St., Tampa
Property Type: Warehouse and vacant land
Price: $6,333,990


Lee

Buyer: Fort Myers Hotel One LLC
Seller: SREIT CM Fort Myers Propco LLC
Address: 10050 Gulf Center Drive, Fort Myers
Property Type: Hotel
Price: $27,585,963
Previous Price: $29,450,000, January 2019

Buyer: Fort Myers Hotel Two LLC
Seller: SREIT SS Fort Myers Propco LLC
Address: 9501 Marketplace Road, Fort Myers
Property Type: Hotel
Price: $13,662,867
Previous Price: $13,325,000, January 2019

Buyer: Pulte Home Company LLC
Seller: TPL-Land-Sub LLC
Address: Fort Myers
Property Type: Vacant land
Price: $3,970,720


Manatee

Buyer: Pulte Home Company LLC
Seller: DRP Multistate 1 LLC
Address: Bradenton
Property Type: Vacant land
Price: $10,270,000

Buyer: Hidden Acres Apartments FL LLC
Seller: Hidden Acres Apartments LLC
Address: 922 Hidden Circle East, Sarasota
Property Type: Apartment units
Price: $6,723,500

Buyer: D.R. Horton Inc.
Seller: SK Mandarin LLC
Address: Bradenton
Property Type: Vacant land
Price: $5,174,700


Pasco

Buyer: D.R. Horton Inc.
Seller: Forestar (USA) Real estate Group Inc.
Address: Wesley Chapel
Property Type: Vacant land
Price: $4,649,300

Buyer: NPR Realty LLC
Seller: Swargam LLC
Address: 5634 Charles St., New Port Richey
Property Type: Multifamily units
Price: $3,025,000
Previous Price: $825,000, November 2017

Buyer: IH Central Florida LLC
Seller: M/I Homes of Tampa LLC
Address: Dade City
Property Type: Residential land
Price: $2,227,500


Pinellas

Buyer: Waterside LL LLC
Seller: GBA Clearwater 284 LLC
Address: 13161 56th Court, Clearwater
Property Type: Business park
Price: $38,750,000
Previous Price: $23,600,000, February 2021

Buyer: Clearwater Offices LLC
Seller: 600 Cleveland LLC
Address: 600 Cleveland St., Clearwater
Property Type: Office building
Price: $33,200,000
Previous Price: $7,350,000, September 2013

Buyer: CW Downtown Properties LLC
Seller: 527-531 Cleveland LLC, Festus Porbeni, 600 Cleveland LLC, The Ring Workspaces LLC, and Water’s Edge Commercial Group LLC
Address: 531 Cleveland St., Clearwater
Property Type: Retail strip store
Price: $24,550,000


Polk

Buyer: Midflorida Credit Union
Seller: Lakeland Regional Health Systems Inc.
Address: Tennessee Ave., Lakeland
Property Type: Vacant land
Price: $6,000,000
Previous Price: $1,959,800, November 2020

Buyer: Meritage Homes of Florida Inc.
Seller: VMAR Dev LLC
Address: Winter Haven
Property Type: Vacant residential land
Price: $3,453,000

Buyer: Lakeland Logistics Park Owner LLC
Seller: Lakeland Industrial Crossings LLC
Address: 8161 Highway 33 N., Lakeland
Property Type: Automobile dealership and vacant land
Price: $2,800,000
Previous Price: $1,200,000, June 2021


Sarasota

Buyer: Sarasota Bayside LLC
Seller: Jay Harvey Holdings LLC
Address: 850 Coconut Ave., Sarasota
Property Type: Multifamily units
Price: $15,500,000

Buyer: Shadowood Apartments FL LLC
Seller: Empirian Shadowood I LLC and Shadowood Apartments II LLC
Address: 1934 Sanford Circle, Sarasota
Property Type: Apartment units
Price: $9,942,200
Previous Price: $4,416,000, September 2006

Buyer: Mattamy Tampa/Sarasota LLC
Seller: Manasota beach Ranchlands LLLP
Address: Moonflower Drive, Venice
Property Type: Vacant land
Price: $3,009,600

 

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