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Florida Private Island Listed at $89M After Being Bought for $14.5M in 2015

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Mark Pentecost, founder of the direct sales company It Works!, has put his private Florida island up for sale at $89 million. The 104-acre property was originally purchased in 2015 for $14.5 million, representing a more than sixfold increase in asking price. Over the past decade, Pentecost developed the island significantly, adding a private golf course and laying out 29 potential residential plots. The retreat is located near Boca Grande and offers fishing opportunities and extensive coastal access. The substantial price jump reflects the major upgrades and development carried out on the property since its acquisition.

Read the full story at Times of India

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Florida Private Island Listed at $89M After Being Bought for $14.5M in 2015 · ShortSingh