Neal Communities developing Honore community

BUYER: Neal Communities of Southwest Florida LLC (managers: NCDG Management LLC, Michael Storey, James Schier, Priscilla Heim and Michael Greenberg), Sarasota
SELLER: 4975 Honore LLC
PROPERTY: 4975 Honore Ave., Sarasota
PRICE: $1.4 million
PREVIOUS PRICE: $675,000, September 2014
LAW FIRM ON DEED: Icard Merrill Cullis Timm Furen & Ginsburg PA, Bradenton

PLANS, DESCRIPTION:
Lakewood Ranch-based homebuilder Neal Communities purchased 4.8 acres south of Proctor Road for $1.4 million.

The price equated to $291,667 per acre.