LATSET PROJECT

Casey Key resort sells for nearly $9 million

Escape Resort & Marina on Casey Key has been sold to a Wisconsin company for $8.63 million.

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The waterfront resort is at 212 Casey Key Road and is made up of 14 condo-sized suites, townhouses and villas. The accommodations include a full kitchen, each with a private patio or balcony. It sits on about an acre and has direct Intracoastal frontage, gulf access and deeded beach frontage.

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There is a waterfront clubhouse as well as an on-site 14-slip marina.

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Angelia D. Young, with Sarasota’ A. Young Realty Group, says in an email that the property was marketed nationally, attracting strong interest from hospitality and waterfront investors.

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The buyer is an LLC named Miller Southwest based in Kenosha, Wisconsin. The LLC’s address matches that of a company named Frontida Management, which owns and manages elder care facilities.

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Crystal and Steve Miller are listed as the managers of Miller Southwest and Frontida’s website says it was founded by Crystal and Steve Miller.

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Crystal Miller, at least based on her LinkedIn profile, will bring a strong operational discipline to Escape Resort & Marina as its owner.

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According to the profile Miller, the company’s CEO, is a “leader in senior living who has made her mark as a ‘fixer.’ Bringing order to disorder in failing situations, optimizing profitability through strong systems and an unrelenting focus on teamwork and culture.”

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Young represented both the buyer and the seller, Casey Key Ventures.