TIB Bank takes back three properties

BUYER IN LIEU OF FORECLOSURE: Special Acquisitions IV Inc.,
SELLER: Off Lease Inc.
PROPERTY: 12195 Metro Parkway, Fort Myers
PRICE: $3.14 million
PREVIOUS PRICE: $2.14 million, August 2006

PROPERTY: 501 Sunshine Blvd. N., Lehigh Acres
PRICE: $1.22 million
PREVIOUS PRICE: $560,800, January 2003

PROPERTY: 3322 Fowler St., Fort Myers
PRICE: $1.05 million
PREVIOUS PRICE: $1.2 million, April 2006
LAW FIRM ON DEED: GrayRobinson PA, Miami
PLANS, DESCRIPTION: Naples-based TIB Bank completed a take-back of three prominent Lee County properties from Off Lease Inc., a company owned by Key West automobile dealer Dwayne Day, Mariza Lazor Hood of Naples and Gregory Shedrow of Fort Myers.