Jan. 12, 2018 (Pensacola, Fla.) – Gunther Properties is proud to announce its recent brokerage of the largest land sale recorded in Northwest Florida in the Pensacola MLS in more than 10 years.
The sale of 17 acres within the Bridlewood subdivision by Mobile Hwy. Pensacola, LLC to the national homebuilder D.R. Horton closed on Dec. 11, 2017 with a sale price of $3.5 million.
The property includes 111 lots on Steeplechase Boulevard, Blackhorse Circle and Paddock Way located along Mobile Highway east of the Escambia County Equestrian Center.
The sale is the largest brokered by Gunther Properties to date as well as the largest recorded in Northwest Florida through the Pensacola Multiple Listing Service since 2006.
Gunther Properties principal Fred Gunther said the timing of the deal was crucial and that negotiating the sale required careful consideration.
“Our specialty is complex transactions so this was the kind of deal we look for,” Gunther said. “We’ve been working on this for four years and are very pleased that we were able to bring buyer and seller together.”
D.R. Horton is marketing new construction in the subdivision ranging from $189,000 for three-bedroom, two-bathroom homes to $249,900 for five-bedroom, two-and-a-half bath units.
About Gunther Properties
Gunther Properties is a commercial real estate firm in Pensacola, Florida, serving Northwest Florida and specializing in complex transactions. More information can be found online at guntherproperties.com