AdventHealth Sells Vacant Lake Mary Property


AdventHealth has sold some vacant land in Lake Mary.

The Altamonte Springs-based nonprofit health system sold 2.2 vacant acres along Lake Mary Boulevard for $1 million, according to recently released Seminole County documents.

The property is roughly 2.6 miles from AdventHealth’s Lake Mary ER at 960 Rinehart Road near the intersection of Lake Mary Boulevard and Crystal Drive.

AdventHealth spokeswoman Melanie Ararat said the health system sold the vacant land after it decided not to develop the site.

The property sale, which closed on Sept. 27 but did not post until the start of November, was to Crystal Devco LLC, an entity which shares an address with Ormond Beach-based real estate brokerage SVN Alliance Commercial Real Estate Advisors.

The property, which has a commercial land-use designation, last traded hands for $1.07 million in 2008. The sale documents include a list of conditional restrictions tied to new medical offices or other medical care facilities.


Source:  OBJ