A 288-acre development site has been sold in Davenport, Florida, for $51,000,000. The property, located at U.S. 17-92 & Ernie Caldwell Boulevard, is one of the most expensive land deals in Polk County. The buyer plans to start construction on a 1,050-unit vacation home resort within 30 days, which will include single-family homes, townhomes, and extensive resort amenities, aimed at short-term rentals near Orlando’s theme parks.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $51,000,000
• Buyer: Ryan R. Marshall - PulteGroup
• Seller: Standard Sand & Silica
• Broker: Melissa Rodriguez - RockMel Investments
• Acres: 288
• Date of Sale: 01/26/2026

Ryan R. Marshall represented PulteGroup in this transaction, while Melissa Rodriguez represented RockMel Investments in the sale. The development is aimed to complete production homes by early 2027, further indicating the scale and ambition of this project in the area.