Saturday, October 27, 2018

Marcus & Millichap Arranges $650,000 Sale of Summerplace at Summerfield in Summerfield, FL


Krone Weidler

SUMMERFIELD, FL– Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Summerplace at Summerfield, 12.54 Acres of land located in Summerfield, Fla., according to Ari Ravi, regional manager of the firm’s Tampa office. The asset sold for $650,000.

L.J. Tsunis
Krone Weidler and L.J. Tsunis, investment specialists in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a bank/financial institution. 

The buyer, a limited liability company, handled the transaction in-house.

“We were able to overcome several obstacles with this deal, and secure a local buyer, who was knowledgeable about the local market and could close quickly,” says LJ Tsunis.

Summerplace at Summerfield is located just off U.S. Highway 27 and is only two miles east of U.S. Highway 301. The subject property is part of the Spruce Creek Country Club, located on the northeast corner of the intersection of U.S. Highway 27 South/U.S. 441 South and Del Webb Boulevard. 

The site is currently zoned PUD-ALF/SNF allowing for a mixed-use development including residential, commercial retail, commercial office space uses, assisted living facilities and skilled nursing facilities. 

The concept plan proposes a total of 153 beds in two separate facilities, a two-story ALF with 92 beds and a one-story SNF with 61 beds, on approximately 4.9 acres of the overall 12.54 acres.

Ari Ravi
Summerplace at Summerfiedl is located in the Ocala Metro. Known for the strong manufacturing base and for the equine industry, the Ocala metro can attract global companies. 

The metro comprises all of Marion County and is a two hour or shorter drive from Jacksonville, Orlando and Tampa. Retirees of 65 and older account for 28 percent of the population, contributing to a large healthcare sector. 

Summerplace at Summerfield is located at 14000 Del Webb Boulevard in Summerfield, Fla. 







CONTACT:


Whitney Davis
Marketing Coordinator
Marcus & Millichap
201 North Franklin St.
Suite 1100
Tampa, FL 33602
(813) 387-4700 main
(813) 387-4743 direct
(813) 387-4710 fax
whitney.davis@marcusmillichap.com



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