Historic Casey Key parcel sells for $4.6 Million

Representing the largest transaction of a vacant parcel on Casey Key since April 2010, a vacant parcel sold Wednesday, May 1, for $4.6 million to an unidentified buyers. The property had been in the Potter and Bertha Honore Palmer family for several generations.

The property that sold in 2010 was three parcels to its north and sold for $5.95 million.

Both properties are located in Palmers Northerly Subdivision, which in 1925 fell into the possession of the Palmer Family in a land swap with the State of Florida. Since then, the property has been passed down through several generations of Palmer’s descendants and has never changed hands via recorded deed.

Nora Johnson and Linda Dickinson, of Michael Saunders & Co., were the listing agents on the property. Nicole Hammons-Dovgopolyi, with the Palmer Ranch office of Michael Saunders & Co., represented the buyers.

Contact Randi Donahue at [email protected].