Taylor Morrison, Lennar pay big bucks for land in small Florida city

(Disclosure: Rose Law Group represents Lennar and Taylor Morrison.)

By Steven Ryzewski | Business Journal

An eight-figure land deal in the small Lake Florida city of Mascotte is the latest instance of national homebuilders spending big on sites farther from Orlando’s urban core.

Lake County records show LT Langley LLC paid $10.6 million on Aug. 15 for 465.6 acres — or about $22,725 per acre.

Read the full subscription story from the Phoenix Business Journal.

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