Land Advisors Organization – Orlando Closes $2.6M on Orange Dale Subdivision

FOR IMMEDIATE RELEASE

Press Contact:
Theron Neff
Land Advisors Organization
tneff@landadvisors.com
(480) 483-8100

Orlando, FL, February 18, 2016 — The Orlando office of the Land Advisors® Organization (LAO), a premier nationwide land brokerage firm, announced today the successful closing of ±120 acres in the Orange Dale subdivision. The property is located on Veterans Memorial Boulevard north of Saxon Boulevard in Orange City, Florida.

Orange Dale is a historic 150-acre subdivision of 25’ wide single family lots in Orange City, Florida that was platted in the early 20th century but never developed. The Zemel family of South Florida over the years accumulated ownership of over 80 percent of the 2,000 lots as an investment.

The Land Advisors Organization team of Steve Flanagan and Mike Ripley represented the Zemel family in the January 2016 $2,600,000 sale of their interests to Orlando based Orange Dale Venture, LLC.

The buyer will entitle Orange Dale as a Planned Unit Development consisting of single family, multifamily and some commercial uses in a mixed-use Master Planned Community. The Land Advisors Organization has been retained by Orange Dale Venture, LLC to assist in the acquisition of the remaining lots in Orange Dale and in the ongoing marketing of the new community.

For additional information regarding these transactions and land trends occurring in the Orlando area, contact Steve Flanagan: sflanagan@landadvisors.com or Mike Ripley: mripley@landadvisors.com at (407) 425-5988.

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The Land Advisors Organization specializes in innovative land brokerage through deep market insight and unparalleled client relationships. With an exclusive focus on land, the Land Advisors Organization integrates current comprehensive information, cutting-edge technology and geographically specialized professionals to help our clients identify and capitalize on valuable opportunities in all kinds of economic environments.

The Land Advisors Organization employs a true collaborative brokerage model with offices located throughout Arizona, California, Florida, Idaho, New Mexico, Nevada, Utah, Texas and Washington.

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