* CTO Realty Growth (NYSE:CTO [https://seekingalpha.com/symbol/CTO]) has sold its Main Street properties in Daytona Beach, Florida for $7.1 million, generating a gain on sale of about $1.1 million.
* As part of the transaction, the Company provided seller financing of $5.0 million for 5 years at an annual rate of 6.50%.
* Source: Press Release [https://seekingalpha.com/pr/20207190-cto-realty-growth-announces-the-sale-of-its-main-street-properties-in-daytona-beach-fl-for]
MORE ON CTO REALTY GROWTH, ALPINE INCOME PROPERTY TRUST
* CTO Realty Growth: Covered 9.3% Dividend Yield And Short-Term Price Dislocation Make This A Buy [https://seekingalpha.com/article/4813184-cto-realty-covered-9-3-percent-dividend-yield-and-short-term-price-dislocation-buy]
* Alpine: It's A Get-In-Early Opportunity [https://seekingalpha.com/article/4812921-alpine-its-a-get-in-early-opportunity]
* CTO Realty Growth: Retail Is Still Alive And Kicking, And This REIT Proves It [https://seekingalpha.com/article/4809887-cto-realty-growth-retail-alive-kicking-this-reit-proves-it]
CTO Realty Growth sells properties in Daytona Beach for $7.1 million
Published 2 months ago
Aug 20, 2025 at 8:11 PM
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