MAITLAND, Fla. – NAI Realvest recently negotiated the acquisition of a 13-acre parcel of residential land on Golf Avenue, west of Nova Road in Ormond Beach.
Chris Butera, senior associate at NAI Realvest covering Volusia and Flagler counties, negotiated the transaction representing the buyer, St. Augustine Ventures. LLC, and the seller Gateway Bank of Florida located in Daytona Beach.
The buyer paid $220,000 for the property comprised of 55 partially developed single-family lots.
About NAI Realvest
NAI Realvest, serving all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 350 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.NAIRealvest.com.
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