TAMPA, FL (July 17, 2017) – Nancy Surak of the Land Advisors Organization recently brokered the sale of a 24-acre, multi-family land parcel in Land O’Lakes, FL. ContraVest Development Partners purchased the land for $4,758,500 and plans to build a luxury, 307-unit, class A rental apartment community known as The Addison at Sunlake.
The site is part of the Sunlake MPUD and occupies the SW Intersection of Sunlake and Mentmore Boulevards. The project broke ground recently and is expected to deliver units beginning late summer 2019.
The Addison at Sunlake is bordered by a scenic 30+ acre wetland area that separates the property from The Shoppes at Sunlake Centre, a Publix grocery-anchored center with several other in-line and outparcel users. The community is also located adjacent to newly constructed single-family home subdivisions and top-rated area schools (Sunlake High School, Charles S. Rushe Middle School, and Imagine Charter School).
Surak brokered the transaction and represented the seller, Sunlake Equity Joint Venture, along with Bill Eshenbaugh of Eshenbaugh Land Company.
For additional information, contact Nancy Surak at 813-448-1999
237 S. Westmonte Drive, Suite 140
Altamonte Springs, FL 32714