NAI Realvest Negotiates $1.3 Million Sale Price for 18+ Acre Bank Owned Land in Davenport, FL

 MAITLAND, FL. – NAI Realvest recently negotiated the sale of an 18.35 acre parcel of  land located at 2425 Frontage Rd. in Davenport for $1,300,000. 

 Thomas E. Hankins (top right photo), CCIM, SIOR, principal at NAI Realvest and Broker Associate Drew Saphos, CCIM negotiated the transaction representing the seller, Homebanc N.A. of Tampa.    

Barnum City Grove 3, LLLP of Orlando, owner of adjoining land, purchased the foreclosed property, which is zoned Regional Activity Center (RAC-X).  Barnum, who plans to establish grove operations on the property as expansion of its existing grove, was not represented by a broker in the transaction.

For more information, contact:

Thomas Hankins, CCIM, SIOR Principal NAI Realvest, 407-875-9989 thankins@realvest.com

Patrick Mahoney, President, NAI Realvest, 407-875-9989, pmahoney@realvest.com;

Beth Payan, Larry Vershel Communications, 407-644-4142  Lvershelco@aol.com