Neal Communities buys Nokomis land for Woods at Venice

BUYER: Border Road Investments LLC (principals: Frank Cassata and John Neal), Sarasota
SELLER: Sandra Hurt, as trustee of the Carlton J. Hurt Trust (6.2031% interest) and SJMR LLC (93.7969%)
PROPERTY: between Laurel Road and Fox Creek, Nokomis
PRICE: $1.43 million
LAW FIRM ON DEED: Icard Merrill Cullis Timm Furen & Ginsburg PA, Lakewood Ranch

PLANS, DESCRIPTION: Neal Communities of Southwest Florida purchased 52 acres of vacant land next to Mission Valley Country Club in for $1.43 million.

The price equated to $27,500 per acre.