NAI Realvest Closes $16.7 Million, 180-Acre Land Sale in Central Florida to Lennar

Jason G. Toll

ORLANDO, FL – NAI Realvest closed on the sale of 180 acres located on Bella Citta Blvd. at Westside Blvd. adjacent to the ChampionsGate master planned community south of Orlando in the Four Corners area.  

Lennar Homes, LLC purchased the land for $16.7 Million.   Jason G. Toll, MiCP, Director at NAI Realvest, brokered the transaction on behalf of the buyer, and the seller Kendrick Grove managed by the Davidow and Fox families of Orlando .    

“This acquisition by Lennar will serve as a continuation of its highly successful ChampionsGateproject,” said Toll.   Site development will get underway this summer.  

Public records note the land was approved for 310 homes, townhomes and condominiums to be built in two phases as well as an amenity center and private park.

CONTACTS:

 Jason G. Toll, MiCP, Director, NAI Realvest, 

407-875-9989 JToll@realvest.com 

                                                                                                                              

Patrick Mahoney, President / CEO, NAI Realvest,

407-875-9989 pmahoney@realvest.com

 Beth Payan, Larry Vershel Communications, 407-644-4142

or 407-461-3781;  lvershelco@aol.com  orbeth@larryvershel.com