Major Commercial Real Estate Deals of the Week in Charlotte, Collier, Hillsborough, Lee, Manatee, Pasco, Pinellas, Polk, and Sarasota

Key Information

• Charlotte: Dream Finders Homes LLC purchased vacant land for $2,060,000 from Burnt Store Developers LLC in Punta Gorda. Shops at Centennial Park LLC acquired vacant commercial land in Port Charlotte for $1,911,000 from KL JAK WP LLC.
• Collier: 2277 Arbour Walk Circle LLC bought multifamily units in Naples for $40,920,000. Meals of Hope Inc. purchased a warehouse on Mercantile Ave. for $6,500,000, an increase from its previous price of $3,323,000 in January 2017.
• Hillsborough: IOS Hemlock Titleholder LLC bought a storage facility for $37,800,000 from Port Hendry LLC in Tampa.
• Lee: Coral Harbor Equity Apartments LLC acquired multifamily units in Fort Myers for $9,500,000 from Cisan Family LLC.
• Manatee: Manatee County purchased vacant land for $9,500,000 from several sellers at Golf Course Road, Parrish.
• Pasco: Cerium Sunlake Owner LLC acquired vacant commercial land in Land O’ Lakes for $12,500,000.
• Pinellas: Pinellas Housing Authority purchased apartment units in St. Petersburg for $8,000,000.
• Polk: Prime Storage Davenport LLC bought a warehouse for $9,500,000, previously valued at $2,957,500.
• Sarasota: 5 Point Equity LLC acquired a retail strip store for $7,000,000 from PG Ltd., significantly increasing its value from $3,750,000.

Charlotte

Buyer: Dream Finders Homes LLC
Seller: Burnt Store Developers LLC
Address: Punta Gorda
Property Type: Vacant land
Price: $2,060,000

Buyer: Shops at Centennial Park LLC
Seller: KL JAK WP LLC
Address: Port Charlotte
Property Type: Vacant commercial land
Price: $1,911,000

Buyer: School Board of Charlotte County
Seller: I-Park ACC LLC
Address: Port Charlotte
Property Type: Vacant industrial land
Price: $1,800,000

Collier

Buyer: 2277 Arbour Walk Circle LLC
Seller: Oasis Naples Apartments LLC
Address: 2277 Arbour Walk Circle, Naples
Property Type: Multifamily units
Price: $40,920,000

Buyer: Meals of Hope Inc.
Seller: Oakes Farms Inc.
Address: 4176 Mercantile Ave., Naples
Property Type: Warehouse
Price: $6,500,000
Previous Price: $3,323,000, January 2017

Buyer: 6833 Collier LLC
Seller: DAZ Qualified Opportunity Zone Business LLC
Address: 6833 Collier Blvd., Naples
Property Type: Restaurant
Price: $2,700,000
Previous Price: $2,304,700, March 2021

Hillsborough

Buyer: IOS Hemlock Titleholder LLC
Seller: Port Hendry LLC
Address: 1650 Hemlock St., Tampa
Property Type: Storage facility
Price: $37,800,000

Buyer: University Professional Center LLC
Seller: Premier Property Investments of Tampa LLC
Address: 5118 N. 56th St., Tampa
Property Type: Office building
Price: $6,750,000
Previous Price: $2,900,000, August 2023

Buyer: Tayer Properties LLC
Seller: NNN REIT LP
Address: 5435 N. 56th St., Tampa
Property Type: Retail store
Price: $3,825,000
Previous Price: $4,329,200, March 2022

Lee

Buyer: Coral Harbor Equity Apartments LLC
Seller: Cisan Family LLC
Address: 7771-7851 Gladiolus Drive, Fort Myers
Property Type: Multifamily units
Price: $9,500,000

Buyer: HVCG Cape Retail LLC
Seller: Store Master Funding XI LLC
Address: 1141 S.W. Pine Island Road, Cape Coral
Property Type: Retail store
Price: $5,350,000

Buyer: North Fort Myers Holdings 56 LLC
Seller: Parkway North Apartments LLC
Address: 8015-8193 Stillwater Court, North Fort Myers
Property Type: Multifamily units
Price: $5,379,600

Manatee

Buyer: Manatee County
Seller: Mark Cannon, Harris Cannon, James Cannon, Theolla Brinson, and Burdette Parent Jr.
Address: Golf Course Road, Parrish
Property Type: Vacant land
Price: $9,500,000

Buyer: IH2 Property West LP
Seller: SFR Crown Jewel Borrower LP
Address: Bradenton
Property Type: Residential land
Price: $3,317,321

Buyer: Epic Estates 12 Vero Beach LLC
Seller: SR 70 LLC
Address: 46020 State Road 70 E., Myakka City
Property Type: Vacant land
Price: $2,767,600

Pasco

Buyer: Cerium Sunlake Owner LLC
Seller: NNP-Bexley LLC
Address: 4757 and 4761 Emberlynn Drive, Land O Lakes
Property Type: Vacant commercial land
Price: $12,500,000

Buyer: Pulte Home Company LLC
Seller: JEN Tampa 10 LLC
Address: Zephyrhills
Property Type: Vacant land
Price: $3,982,000

Buyer: M/I Homes of Tampa LLC
Seller: Lennar Homes LLC
Address: Land O Lakes
Property Type: Vacant land
Price: $1,573,000

Pinellas

Buyer: Pinellas Housing Authority
Seller: Portland Property LLC
Address: 300 8th St. N., St. Petersburg
Property Type: Apartment units
Price: $8,000,000
Previous Price: $4,526,400, January 2018

Buyer: 1211 4th Ave LLC
Seller: SCP 2009-C34-014 LLC
Address: 3426 Central Ave., St. Petersburg
Property Type: Retail store
Price: $6,450,000
Previous Price: $925,000, March 2007

Buyer: Largo 126 Apartments Ltd.
Seller: 6727 127th LLC
Address: 6727 126th Ave., Largo
Property Type: Vacant commercial land
Price: $3,750,000
Previous Price: $1,850,000, November 2022

Polk

Buyer: Prime Storage Davenport LLC
Seller: Blackfin Champions LLC
Address: 1228 Finley Ave., Davenport
Property Type: Warehouse
Price: $9,500,000
Previous Price: $2,957,500, July 2022

Buyer: Roundhouse Holdings LLC
Seller: Randall Earhart
Address: George Jenkins Blvd., Lakeland
Property Type: Vacant industrial land
Price: $1,800,000

Buyer: East Wales LP
Seller: Crooked C Ranch Inc.
Address: Lake Wales
Property Type: Citrus groves
Price: $1,365,000

Sarasota

Buyer: 5 Point Equity LLC
Seller: PG Ltd.
Address: 1427 S. Tamiami Trail, Sarasota
Property Type: Retail strip store
Price: $7,000,000
Previous Price: $3,750,000, January 2011

Buyer: Unilog Orlando 1031 LLC
Seller: Marked Holding LLC
Address: 1545 Mound St., Sarasota
Property Type: Medical office building
Price: $3,600,000
Previous Price: $490,400, May 2006

Buyer: PGT Industries LLC
Seller: Somerville Properties LLC
Address: 3439 Technology Drive, Nokomis
Property Type: Commercial condominium units
Price: $2,125,000