Tuesday, March 23, 2010

One Week on Market: Sale of 113 Lots in Marion County Near Ocala

After one week on the real estate market, this 113-lot development came to a transaction close in early February 2010. Sold by Fifth Third Bank to The Deltona Corporation, the property is part of the Heath Brook PUD/DRI and is one of the phases of the project with finished lots.

Located near SR 200, this is a beautiful growing area of Ocala with new residential developments and beautiful horse farms.

Both the buyer and the seller were represented by sales associates of Coldwell Banker Commercial Saunders Real Estate. The buyer was represented by Clay Taylor and David Hitchcock. The seller was represented by Clay Taylor, David Hitchcock, and Dean Saunders. The property sold for $904,000.

Clay Taylor, sales associate states, “It is a sign of the economy that we are handling many bank-owned properties right now but it is good to get these properties back into the hands of individuals who will create viable development and use of the land for the community.”


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