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Top commercial real estate transactions for April 25-May 1 in Charlotte, Collier, Hillsborough, Lee, Manatee, Pasco, Pinellas, Polk, Sarasota

A downtown Naples hotel deal, for $13.63 million, highlights this week's transactions.

  • By Steven Benna
  • | 5:00 a.m. May 8, 2023
  • | 2 Free Articles Remaining!
  • Transactions
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Buyer: LAXMI of Fifth Ave LLC
Seller: Cavalier Florida LP
Address: 1555 Fifth Ave. S., Naples
Property Type: Hotel
Price: $13,630,000

Buyer: 3030 Thomasson Dr LLC
Seller: Thomasson Village LLC
Address: 3040 Thomasson Drive Naples
Property Type: Vacant commercial land
Price: $8,450,000
Previous Price: $1,000,000, February 2019

Buyer: Global Investment Properties LLC, Unionville Sportsman Club Inc., and Kyle Smith
Seller: Carol Ann Martin
Address: 1145 Kerr Court, Marco Island
Property Type: Mobile home park
Price: $2,000,000


Buyer: Estuary Apartments Owner LLC
Seller: I75 Palm River Road LLC
Address: 10215 Estuary Lakes Drive, Tampa
Property Type: Vacant commercial land
Price: $10,500,000
Previous Price: $4,200,000, May 2005

Buyer: Hillsborough County
Seller: Bickett Holdings LLC
Address: 8833 Flowers Road, Wimauma
Property Type: Vacant land
Price: $10,234,140

Buyer: Lakeview Fairgrounds LLC
Seller: BREIT Rex Property Owner LLC
Address: 6720 Lakeview Center Drive, Tampa
Property Type: Hotel
Price: $8,164,000
Previous Price: $11,432,000, August 2018


Buyer: Cape Coral ALF Investment LLC
Seller: Coral Land Holdings LLC
Address: 1906 Skyline Blvd., Cape Coral
Property Type: Assisted living facility
Price: $18,000,000
Previous Price: $1,449,059, December 2021

Buyer: D.S. Partnership LLC
Seller: Seagate Oriole JV LLC
Address: 16542 Oriole Road, Fort Myers
Property Type: Warehouse
Price: $10,000,000
Previous Price: $2,760,615, May 2021

Buyer: TKS Properties LLC
Seller: Estero Covenant Group LLC, Stephen E Thorne IV, Pamela A Thorne, and Nevada Covenant Group LLC
Address: 19527 Highland Oaks Drive, Estero
Property Type: Condominium units
Price: $9,200,000


Buyer: Team Pentecost LLC
Seller: Western Farmland LLC
Address: 42715 State Road 70 E., Myakka City
Property Type: Agricultural land
Price: $8,250,000
Previous Price: $6,800,000, April 2015

Buyer: Unlimited Farms V LLC
Seller: Industrial Shredders LLC
Address: 1920 Whitfield Ave., Sarasota
Property Type: Industrial building and land
Price: $4,250,000
Previous Price: $2,380,000, December 2018

Buyer: HDP Tea Olive LLC
Seller: William Ryan Homes Florida Inc.
Address: Palmetto
Property Type: Residential land
Price: $2,700,000


Buyer: Lennar Homes LLC
Seller: AG EHC II (LEN) Multi State 1 LLC
Address: San Antonio
Property Type: Vacant land
Price: $1,960,000


Buyer: Mitchell Properties LLC
Seller: Commercial Property Professional II LLC
Address: 1688 Main St., Dunedin
Property Type: Restaurant
Price: $2,300,000
Previous Price: $935,000, May 2015

Buyer: FL RE Clearwater Holdings LLC
Seller: Overland Holding Corp.
Address: 12600 Automobile Blvd., Pinellas Park
Property Type: Manufacturing plant
Price: $2,100,000
Previous Price: $625,000, April 2010

Buyer: Missouri 710 LLC
Seller: Missouri Avenue Property LLC
Address: 710 S. Missouri Ave., Clearwater
Property Type: Dry cleaner
Price: $1,400,000
Previous Price: $529,000, December 2002




Seller: M&M Lodgings LLC
Address: 6600 S. Tamiami Trail, Sarasota
Property Type: Hotel
Price: $13,545,000
Previous Price: $5,800,000, April 2013

Buyer: CToale Properties LLC
Seller: Curtis Toale, Robert Toale, John Toale Jr., David Toale, and Toale Brothers Inc.
Address: 40 N. Orange Ave., Sarasota
Property Type: Mortuary
Price: $5,167,300

Buyer: MDC Coast 29 LLC
Seller: VEREIT CL Venice FL LLC
Address: 1550 S. Tamiami Trail, Venice
Property Type: Automobile repair shop
Price: $5,050,300
Previous Price: $4,279,400, August 2016


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