Taoist Tai Chi Society buys, renovating historic Fenway Hotel

BUYER: TTCS-USA Title Holdings Corp., Tallahassee
SELLER: 1 Avs LLC
PROPERTY: 453 Edgewater Drive, Dunedin
PRICE IN LIEU OF FORECLOSURE: $2.8 million
LAW FIRM ON DEED: Rahdert Steel Reynolds & Driscoll PL, St. Petersburg

PLANS, DESCRIPTION:
The Taoist Tai Chi Society of the United States of America purchased the historic the 79,380-square-foot Fenway Hotel in a deed in lieu of foreclosure for $2.8 million.

The price equated to $35 per square foot, or $437,500 per acre.