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Kolter Group acquired a stunning property in Estero, FL $33,500,000

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West Bay Hill LLC, a Florida LLC based in Naples, sold KT West Bay LLC(Kolter) Tract A of Island Tower at West Bay Club for $33,500,000.00. Mr Christopher P Johnson executed the deed on behalf of West Bay Hill LLC on January 16, 2024. Attorney Tyrone Bongard of Gunster Yoakley & Stewart prepared the deed. According to the Official records of Lee County. 

KT West Bay LLC 105 NE 1st Delray, FL ~The Kolter Group LLC who is the manager of the KT West Bay LLC and Howard Erbstein obtained a mortgage from CIBC Bank USA 525 Okeechobee Boulevard, Suite 1630 West Palm Beach FL in the amount of $11,000,000. According to the Official records of Lee County. 

Address: 5100 BAYBRIDGE BLVD ESTERO FL 33928 

Comments (1)

John Juarez
The Medford Real Estate Team - Fremont, CA

WOW! Those are big numbers. I foresee years of development and sales coming.

Jan 21, 2024 05:49 PM