
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.
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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.
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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 Teitelbaums
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 resorts bayside facility.
The Tortuga Inn is located at 1325 Gulf Drive on the bay
side.