This video is not available.
In this Gulfshore Business report, new developments continue to go up across Southwest Florida, thanks, in part, to some big real estate deals.
Just east of I-75 and north of State Road 82 in Fort Myers 64 acres were sold for $30,800,000.
Varden Capital Properties, based in Atlanta, bought the land from the Huether Family.
The Huether Family made a good profit because they bought the land 20 years ago for $2,200,000.
Watch the full report above.
Click here to read the full Gulfshore Business article.