Longboat property makes $710,000

A Holmes Beach real estate investor bought an acre of waterfront land on this barrier island for $1.68 million, divided it into three lots and sold them at a $710,000 profit.

Richard S. Eason bought the property at 3454 Gulf of Mexico Drive earlier this month through a company he controls — The Enclave at Longboat Key — at a deep discount, court records show.

via Longboat property makes $710,000.