TAMPA, FL (November 10, 2014) – Nancy Surak, ALC, CCIM, Broker-Associate at Eshenbaugh Land Company closed on 9.87 acres of residential land in St. Petersburg, Pinellas County, FL for $2,800,000. The sale closed on October 2, 2014. The property, known as Duval Park is a single and multi-family development with 4 houses, 84 apartments located at the intersection of Duval Park Boulevard and County Access Road. Surak represented the seller.
The community will serve veterans with special needs, specifically those transitioning from within a VA hospital or medial center. The development offers veterans and their families permanent, supportive housing and integration into a more self-sufficient lifestyle.
The project’s ground breaking was held November 10, 2014, with an anticipated grand opening late 2015. According to the Florida Housing’s “What’s Developing” Newsletter, the preliminary total development cost for Duval Park is approximately $17.2 million with LIHTC, SAIL and an Extremely Low Income Supplemental Loan form Florida Housing.
About Nancy Surak and Eshenbaugh Land Company
Nancy Surak, ALC, CCIM joined Eshenbaugh Land Company in 2005. Since then, Surak closed over 100 commercial real estate and land transactions valued in excess of $90 million. In addition, she’s currently responsible for over $80 million in listings. Recent awards from the Florida Gulf Coast Association of Realtors include “Industrial Deal of the Year 2013”, “Land Deal of the Year 2012, 2011 and 2010” and “# 3 Top Producer Land Broker 2012 and 2011”, “Heartbreaker Deal of the Year 2011”, “#2 Top Producer Land Broker 2010”. In addition, she was named as a Million Dollar Plus Producer by FGCAR for closed land transactions in 2009, 2007 and 2006. Surak was recognized by National Realtor’s Land Institute (RLI) with the “National ALC to ALC Networking Award” for the highest volume land deal in 2010 in Florida and honored by Gulf Coast Business Review in its Forty Under Forty list as well as by Florida Real Estate Journal as a Top Woman in Florida Commercial Real Estate 2008.
Eshenbaugh Land Company is a Florida licensed real estate broker firm specializing in land transactions that achieves results by analyzing a client’s goals, offering the expertise of highly qualified sales and marketing professionals and providing a spectrum of brokerage and commercial real estate services. Learn more at www.TheDirtDog.com or by calling 813-287-8787.