D.R. Horton buys Rosarno land for four-plex condo project

BUYER: D.R. Horton Inc. (principals: Paul Romanowski, Donald Tomnitz, Bill Wheat, Donald Horton, Thomas Montano, Stacey Dwyer, Kathleen Shippey and Ashley Dagley), Fort Myers
SELLER: Mullock Creek II LLC
PROPERTY: a portion of Tamiami Trail in the San Carlos Park area, Fort Myers
PRICE: $2.63 million
PREVIOUS PRICE: $5.6 million, April 2005
LAW FIRM ON DEED: William G. Morris PA, Marco Island

PLANS, DESCRIPTION: Homebuilder D.R. Horton Inc. purchased 32.3 acres off U.S. 41 adjacent to the Shadow Wood Preserve Golf and Country Club for $2.63 million.

The price equated to $81,269 per acre.