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Sanibel commercial land bought for $1.63 million

January 30, 2008

The 1.78-acre parcel is on Tarpon Bay Road A 1.78-acre commercial parcel on Sanibel Island has sold for $1.63 million, according to the Lee County Property Appraiser’s office. The vacant lot is at 600 Tarpon Bay Road. The buyer was Samuel M. Bailey Trust. The property was sold by Bailey’s Center LLP.