Monday, January 7, 2013

NAI Realvest Negotiates $1.25 Million Sale of Ormond Beach, FL subdivision approved for 192 single-family homes



Chris Butera
MAITLAND, FL--- NAI Realvest recently negotiated the sale of 156 acres located at Pineland Trail and Airport Road in Ormond Beach for $1,250,000.

Chris Butera, investment associate at NAI Realvest who brokered the transaction said the property known as the Pineland subdivision has been entitled for 192 single-family residential lots. 

The buyer is Ormond Pineland LLC of Holly Hill and the seller, represented by Butera, is Fort Lauderdale based Tiger Investment Group, Inc.  

For more information, contact

Chris Butera, Associate NAI Realvest 386-453-4789 cbutera@realvest.com;
Patrick Mahoney, President, NAI Realvest 407-875-9989; pmahoney@realvest.com;
Beth Payan or Larry Vershel, Larry Vershel Communications 407-644-4142



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