Vol 6 No. 24 - March 8, 2006

Tortuga Inn opens new addition


SUN PHOTO/TOM VAUGHT
From left to right: Chamber Displomat Kim Ibasfalean watches as partners Penny Naylor, Charles Palmer, Barbara Palmer and David Teitelbaum cut the ribbon on the Tortuga Inn expansion with Chamber President Don Schroder.

By Tom Vaught
sun staff writer

BRADENTON BEACH – A crowd of real estate professionals, buyers and potential buyers gathered at the Tortuga Inn last Friday evening for the ribbon-cutting grand opening of 24 new units.

Billed as condominium units that could be used as investment rentals or for use by the owners as private residences, the homes ranged in size from 1,078 to 1,377 square feet under air, the two bedroom,two bath units are prices from $810,000 to $1,075,000. There is one penthouse with 2,007 square feet of space under air priced at $1.5 million, and it includes a fireplace.

This is the final stage of development at Tortuga Inn, which went from a resort to a condominium resort shortly after developer David Teitelbaum bought it. He fixed up the existing units before the conversion and when the existing units hit the market, they sold out in short order.

These new units are in a brand new building that was erected behind the existing structures. With parking underneath, there are two stories of homes featuring a courtyard swimming pool in the center and two elevators.

The homes were originally design by Teitelbaum’s wife, Penny Naylor, with help from designer Emily Anne Smith. They include such touches as granite countertops, tiered ceilings and screened patios. Some of the units include boat dockage at the resort’s bayside facility. The Tortuga Inn is located at 1325 Gulf Drive on the bay side.

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