Clearwater, FL – March 8, 2018 – Klein & Heuchan, Inc. has represented the Seller, Menorah Manor Senior Living, LLC in the sale of approximately eight (8) acres of vacant land on Belcher Road in Largo, FL. The Buyer was Gulfwind Contracting, Inc. This development parcel will allow for the construction of approximately 14 high style single family homes. The sale price was $975,000.00. Mark Klein of Klein & Heuchan, Inc. represented the Seller in this transaction.
Steven Klein, Vice President of Klein & Heuchan, Inc., stated “quality residential development sites are in tremendous demand. Even though there are very few vacant parcels left in the County, we have sold a number of infill sites in north Pinellas in the past 18 months. With the lack of new single family homes and the significant demand for housing, we are able to successfully market development land to help our clients meet their sale goals. As the economy continues to gain strength, we expect that demand will remain strong”.
KLEIN & HEUCHAN, INC.
Klein & Heuchan, Inc. is an independently owned, full service commercial real estate firm covering west central Florida. The firm handles commercial brokerage, property management, and development services. Our company has built its practice on integrity, service and ethics. For more information and to see a selection of our recently completed transactions, please go to www.kleinandheuchan.com and click on News & Events.