zemel annexation: Zemel Family tract of land in N Cape Coral sells at auction $3 million
- 05/16/16 04:27 AM
The Zemel family came to S Florida in the 1930's and started buying land, in some instances via tax certificate-deed sales. One of the largest undeveloped parcels in North Cape Coral (slightly over 1400 acres) just sold via Trustee auction for slightly over $3 million dollars to GA-Pinnacle LLC. David Kraizgrun, based in Broward county, indicates Pinnacle purchased the land with the intent to hold it in their portfolio to see what happens in Cape Coral as it continues to build out. The Zemel property has the unique quality of not being pre-platted as most of Cape Coral is so it offers tremendous possibilities … (0 comments)
zemel annexation: Lee County puts hold on settlement on Zemel properties
- 12/06/07 04:44 AM
County puts hold on settlement on Zemel properties; Commission needs more information, negotiation By MATT BLUMENFELD mblumenfeld@breezenewspapers.com Any plans for development on a 2,500-acre parcel of land in north Cape Coral will have to be put on hold yet again as a settlement to resolve a dispute between the city, the land owners and Lee County over the Zemel annexation was delayed by the county commission at its Tuesday meeting. The commissioners decided to postpone a vote on the deal until Jan. 15, citing the need for additional information and negotiation. http://www.cape-coral-daily-breeze.com/news/articles.asp?articleID=15132 … (0 comments)
The Zemel family came to S Florida in the 1930's and started buying land, in some instances via tax certificate-deed sales. 
;)
;)
;)
