TradeWinds Island Resorts buys land for parking, future development


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  • | 10:00 a.m. January 23, 2015
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BUYER: RIA-Coral Reef Inc., St. Pete Beach
SELLER: 5800 Gulf Holdings LLC
PROPERTY: 5800 Gulf Blvd., St. Pete Beach
PRICE: $9.5 million
PREVIOUS PRICE: $7.3 million, November 2004
LAW FIRM ON DEED: Shutts & Bowen LLP, Orlando

PLANS, DESCRIPTION:
The TradeWinds Island Resorts purchased a 4.4-acre parcel, known as the Coral Reef property, for $9.5 million.

The price equated to $2.16 million per acre.

 

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