NAI Realvest Negotiates Sale of 17 Acres of Residential Development land in New Smyrna Beach

NEW SMYRNA BEACH, Fla. -- NAI Realvest, based in Maitland, recently negotiated the sale of 17 acres of residential development land located on the south side of Turnbull Bay in New Smyrna Beach. Chris Butera, investment associate at NAI Realvest, brokered the transaction representing the seller, CharterBank of Carrollton, Ga. The buyer, IPM Real Estate based in Lakewood N.J. paid $130,000 for the vacant land which is a project called The Golf Village at Turnbull Bay planned for 87 single-family homesites.