Ansca Homes sells 25 acres of land west of Lake Worth

10-parcel deal breaks down to about $355,000 per acre

TRD MIAMI /
Apr.April 24, 2018 11:30 AM

Vacant land at northeast intersection of Lyons Road and Hypoluxo Road

An entity tied to residential developer Ansca Homes just sold about 25 acres of vacant land west of Lake Worth for $9 million, property records show.

The 10-parcel deal breaks down to about $355,000 per acre. Records show the Boynton Beach-based home builder sold the property to Lynx Zuckerman at Fort Myers LLC, led by Michael McCarty.

The property is on the northeast corner of Lyons Road and Hypoluxo Road, and surrounds a Publix-anchored shopping center at 8899 Hypoluxo Road.

Previous sale information suggests Ansca Homes paid more than $2 million for the property in 2008, though some sale information for certain parcels was not available in property records. Principals at Ansca Homes were not immediately available to comment.

Ansca Homes is led by Charles Scardina, who late last year settled a legal battle with business partner Ramsey Akel, over the direction of the company. Since then, Akel has opened his own firm, Akel Homes, with his son Alex. The father-son duo recently bought a nearby 12-acre site on the southeast corner of Hypoluxo Road and Lyons Road.

Ansca Homes has built residential communities throughout South Florida, including Villagio Reserve in Delray Beach and Palazzo Casa Brera in Lake Worth.


Related Articles

arrow_forward_ios
The Mid in Lake Worth Beach

Affiliated Development snags $35M loan for Lake Worth apartments

2965 West Corporate Lakes Boulevard and Black Creek Group CEO Raj Dhanda (Credit: Google Maps, Blue Vault)

TIAA sells Weston warehouse for $33M

From left: Ben Bruner and David Emihovich of Katz & Associates with the Sam's Club at 7233 North Seacrest Boulevard (Credit: Google Maps)

Walmart sells former Sam’s Club in Lake Worth

FCP’s Palm Beach County portfolio and Bruce Gago

FCP pays $86M for three Palm Beach County apartment communities

Gold Standard of Care’s CEO Michael Verbitsky and 6026 Old Congress Road

Gold Standard of Care sells senior housing facility in Lake Worth

State report finds open gas valve fueled building explosion at Plantation shopping center

State report finds open gas valve fueled building explosion at Plantation shopping center

Bayside Marketplace is planning another high-rise entertainment venue with a view

Bayside Marketplace is planning another high-rise entertainment venue with a view

Construction of downtown Hollywood high-rise may start soon

Construction of downtown Hollywood high-rise may start soon

arrow_forward_ios
Loading...