Winter Haven's Cassidy Family buys 370 acres for residential development

BUYER: McGrady Road Investment LLC (manager: Albert Cassidy), Winter Haven
SELLER: Cora Long
PROPERTY: 15179 McGrady Road and additional land on McGrady Road and Heritage Trail Lane, Wimauma,
PRICE: $4.5 million
PREVIOUS PRICE: $355,000, February 2004; $52,000, June 1977; $40,200, October 1998
LAW FIRM ON DEED: Fowler White Boggs PA, Tampa

PLANS, DESCRIPTION: The Cassidy family purchased 369.5 acres of former farm land on a portion of McGrady Road east of U.S. 301 for $4.5 million.

The price equated to $12,179 per acre.