Ocean Properties buys Longboat Key Club

BUYER: LB 500 LLC (principals: Mark, Michael and Patrick Walsh and Richard Ade), Delray Beach
SELLER: Key Club Associates Limited Partnership
PROPERTY: 3000 Harbourside Drive, Longboat Key
PRICE: $14.78 million
PREVIOUS PRICE: $11 million, April 1990

BUYER: LB 500 LLC (principals: Mark, Michael and Patrick Walsh and Richard Ade), Delray Beach
SELLER: Key Club Associates Limited Partnership
PROPERTY: 301 Gulf of Mexico Drive, Longboat Key
PRICE: $6.75 million
PREVIOUS PRICE: $11 million, April 1990

BUYER: LB 500 LLC (principals: Mark, Michael and Patrick Walsh and Richard Ade), Delray Beach
SELLER: LFL Marina LLC
PROPERTY: 2800 Harbourside Drive, and additional land all also known as Moorings Marina, parcel P, Bay Isles, unit 6, pier A, Plat of Longboat Key Moorings Marina II condominium and parcels A, B and C, Longboat Key Moorings Marina, Longboat Key
PRICE: $3.78 million
PREVIOUS PRICE: $8 million, December 2007