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D.R. Horton buys lots in Palmer Oaks


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  • | 6:12 p.m. September 10, 2010
  • | 2 Free Articles Remaining!
  • Manatee-Sarasota
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BUYER: D.R. Horton Inc. (principals: Paul Romanowki, Donald Tomnitz, Bill Wheat, Donald Horton, Thomas Montano and Stacey Dwyer), Fort Worth, Texas


SELLER: PLP Lots LLC


PROPERTY: a portion of Honore Avenue and Clark Road, Sarasota also known as lots 1-6 and 10-19, Palmer Oaks Estates


PRICE: $800,000


PREVIOUS PRICE:


LAW FIRM ON DEED: Williams Parker Harrison Dietz &Getzen, Sarasota


PLANS, DESCRIPTION: Homebuilder D.R. Horton Inc. purchased 15 lots in Palmer Oaks for $800,000.


The price equated to $53,333 per home lot.


The national homebuilder also has the remainder of the community, 71 lots, under contract. It's building a model on one of the lots and another five inventory homes.

 

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