Jamie Dwight Sells Green Turtle Market In Indian Harbour Beach For $2.3M
Florida
See Similar DealsJamie Dwight Sells Green Turtle Market In Indian Harbour Beach For $2.3M
855 East Eau Gallie Boulevard
See Similar DealsSummary
The Green Turtle Market in Indian Harbour Beach has been sold for $2.3 million. The retail property, located at 855 East Eau Gallie Boulevard, was purchased by an undisclosed developer. Seller Jamie Dwight has not revealed the future plans for the market. While the gourmet market will remain open for a few more weeks, rising business costs, such as doubled insurance and a 40% increase in payroll, have influenced the closure. Dwight has positioned the sale as a strategic decision rather than a distress sale, as he approaches his 64th birthday.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,300,000
- Address: 855 East Eau Gallie Boulevard
- Market: Indian Harbour Beach
- Seller: Jamie Dwight
An undisclosed developer has acquired the Green Turtle Market in Indian Harbour Beach, which was sold by Jamie Dwight. Despite the market's closure, plans for the property have not been disclosed. Rising business costs, including increased insurance and payroll expenses, were factors in the strategic decision to sell the property. Jamie Dwight, the owner, made the sale as he approaches his 64th birthday.
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