Sarasota real estate firm Gravitas buys Punta Gorda aggregate, shell mine

By Business Observer Staff
| 7:08 a.m. August 16, 2013
| 0 Free Articles Remaining!

Manatee-Sarasota

BUYER: Infinity Lake LLC (principals: Randall Bono and Michael Fitzgerald), Sarasota
SELLER: PAB Shell Rock Holding LLC
PROPERTY: a portion of Bermont Road, Punta Gorda
PRICE: $925,000
PREVIOUS PRICE: $2.1 million, September 2009
LAW FIRM ON DEED: Akerman Senterfitt, Miami

PLANS, DESCRIPTION: The Sarasota investor group Gravitas LLC purchased an 100-acre aggregate and shell mine on Bermont Road for $925,000.

The price equated to $9,250 per acre.