Three real estate investors buy Fort Myers's Dunbar Plaza


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  • | 10:00 a.m. June 27, 2014
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BUYER: Dunbar Shopping Center LLC (principals; Sylvio Savidis, Mitchell Kaminksy and Lydia Westdickenberg, Hollywood
SELLER: AAA Investment Group I LLC
PROPERTY: 3637 Dr. Martin Luther King Jr. Blvd., Fort Myers
PRICE: $1.25 million
PREVIOUS PRICE: $2.4 million, January 2005
LAW FIRM ON DEED: Martin Zucker PA, Fort Lauderdale

PLANS, DESCRIPTION:
Three Southeast Florida investors, Sylvio Savidis of Hollywood, Mitchell Kaminksy of Boca Raton and Lydia Westdickenberg of Hallandale Beach, purchased the 45,606-square-foot Dunbar Plaza for $1.25 million.

The price equated to $27 per square foot. That figure is lower than the two-year average price per square foot for retail space ($144) in Southwest Florida, according to the CoStar Group.

 

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