Melbourne's Morse Properties buys Pine Island Road land

  • By Business Observer Staff
  • | 9:17 a.m. July 19, 2013
  • Charlotte–Lee–Collier
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BUYER: MDT of Cape Coral LLC, Melbourne
SELLER: OB Florida CRE Holdings LLC
PROPERTY: 2020 and 2030 N.E. Pine Island Road, North Fort Myers and 1384, 1390 and 1394 Hibiscus Drive, Cape Coral
PRICE: $1.2 million
PREVIOUS PRICE: $312,100, May 2011
LAW FIRM ON DEED: Adams and Reese LLP, Sarasota

 

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