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CTO Realty Growth Announces the Sale of its Main Street Properties in Daytona Beach, FL for $7.1 Million

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Summary

WINTER PARK, Fla., Aug. 20, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) announced today that it has sold its Main Street properties in Daytona Beach, Florida for $7.1 million, generating a gain on sale of approximately $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%.

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Article published on August 20, 2025 by globenewswire