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Downtown Naples lot sells for $12 million, nearly doubling seller’s short-term investment

Posted by Tim Aten on May 23, 2022
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Naples-based Northern Capital Investments made a good investment with the purchase of a vacant lot in downtown Naples that it resold in less than five months for $12 million, nearly doubling its money. On Friday, the Augusterra Group LLC, based in the Tampa Bay area, purchased the nearly three-quarter acre property at 331 Eighth St. S. from NDTL LLC, 711 Fifth Ave.
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