- December 13, 2025
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No I in team: Manatee County businessman, landowner and philanthropist Mark Pentecost has bought 333 acres in the rural eastern part of the county for $2.5 million. The plot is a tiny part of Pentecost’s holdings in east Manatee County: he already owns the 10,000-acre Pentecost Ranch in the area. The seller of the site, 11500 Curtis Road, Myakka City, is P-3 Real Estate Holdings LLC, according to a statement from Fort Myers-based LSI Cos. The buyer is Team Pentecost LLC. That entity, according to the Florida Division of Corporation website, is connected to the Palmetto address of It Works! a wellness and health products firm with a direct sales model Pentecost founded in 2001. It Works! annual revenue has surpassed $500 million, and Pentecost has made some noted purchases with the success. The list includes a golf course in Manatee County he bought and sold; a 1,995-acre site, also in Myakka City, for $6.8 million in 2016; and Littler Bokeelia Island, a 104-acre island off of the Lee County coast. Pentecost and his wife Cindy bought the 104-acre island for $14.5 million in 2015. The Pentecosts have made several notable charitable contributions, including $12 million donated in May to the V Foundation for Cancer Research. Hunter Ward of LSI Cos. brokered the deal.
Home, suite, home: The city of Sarasota Development Review Committee recently held a pre-application conference to provide input on a proposed four-story, 102-room hotel on 1.82 acres just south of University Parkway near the Sarasota-Bradenton International Airport. The property at 325 Royal Palm Ave. is bounded by a Hyatt Place hotel to the north, Sleep Inn to the west and a vacant residential parcel to the south, according to the Sarasota Observer, sister paper of the Business Observer. The property is zoned Residential Multiple Family 2 with a future land use classification of Urban Mixed Use. Applicant United Hospital Group of Florida is proposing to rezone the property to Mixed Use 2.
