Property
Florida Land Portfolio
Location
Various, FL
Size
3,439 Acres
Value
$30M
Type
Advisory

Florida Land Portfolio

BlueGate Partners, LLC was retained by the owner to prepare an updated Preliminary Valuation Analysis and Development Model Review Report for the nine property residential development land portfolio located in Brevard, DeSoto, Hillsborough, Pasco, Polk, Lee and Sarasota counties in Florida (the “Portfolio” or the “Properties”). The Portfolio consisted of the following nine properties: Chaparral (Brevard County), Cypress Creek (Hillsborough County), Epperson Ranch (Pasco County), Hidden Palms (Sarasota County), Leomas Landing (Polk County), Meadow Ridge (Pasco County), North Brook (Lee County), Oak Stone (DeSoto County) and Waterleaf (Hillsborough County) and included a total of 3,439 acres, 9,534 total single family, townhome and multi-family lots and 424,000 square feet of approved commercial development land.