- December 6, 2025
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BUYER: Rekha Nichal and Raj Kumar, Richmond Hill, Ontario
SELLER: Redus Florida Land LLC
PROPERTY: a portion of the northeast corner of northwest Sixth Avenue and northwest First Lane, Cape Coral
PRICE: $1.6 million
LAW FIRM ON DEED: Shutts & Bown LLC, Tampa
PLANS, DESCRIPTION: Scugog Development Inc. of Richmond Hill, Ontario, purchased 25.97 acres of multifamily land in Cape Coral for $1.6 million.
The price equated to $61,610 per acre.
