Moorings Park buys Golden Gate land zoned for retirement community

BUYER: The Moorings Inc. (principals: Daniel Lavender, Dr. John Little, Michael Weir, Denise Heinemann, Wilford Hecox, Kent McRae, Patricia Barton, Dr. Sherie Brezina, Michael Hole, Greg Russo and Daniel Spintman), Naples
SELLER: Fifth Third Bank
PROPERTY: a portion of Golden Gate Parkway east of Goodlette-Frank Road
PRICE: $12 million
PREVIOUS PRICE: $22 million, December 2005
LAW FIRM ON DEED: Zimmerman Kiser & Sutcliffe, PA, Orlando

PLANS, DESCRIPTION:
Naples-based Moorings Park purchased 22.41 acres of vacant land on the south side of Golden Gate Parkway for $12 million.

The price equated to $535,475 per acre.