Lakeland shopping centers bring $60 million as part of three-state deal

Naples/Fort Myers/Charlotte

Dealing for dirt: A 1,203-acre sod farm in Punta Gorda is on the market. The property is just off Highway 17, about eight miles from Interstate 75. The listing price is $3.9 million. But there’s a catch. The land itself isn’t for sale. According the listing from SVN Saunders Ralston Dantzler in Lakeland, what’s being marketed for sale is the “the operational assets of a substantial sod farm and the rights to a favorable lease agreement.” The assets include equipment, inventory and a customer base in need of sod for a growing residential market. According to Charlotte County property records, the land is owned by a McLean, Virginia LLC whose address matches Gladstone Commercial. The suburban Washington D.C. firm paid $7.35 million for the land in 2021.

Happy homes: Toll Brothers is building a new community on Oceana Way, just off of Collier Boulevard in Naples. The luxury homebuilder says the development, called Seven Shores, will be made up of 409 villas and single-family homes. It will include four collections with 36 total designs ranging from 1,600 square feet to 4,987 square feet. Prices start in the mid-$500,000s and top out at more than $1 million. The homes will be one and two stories and come with two to six bedrooms and two to six and a half bathrooms. The floor plans include lanais and smart home features with Wi-Fi thermostat and Wi-Fi garage control. A sales office has opened at 8876 Oceana Way with move-ins starting later this year or in early 2025.