The transaction puts the five-year-old, 40-agent firm on the way to reaching a projected $80 million sales mark this year. The company did $61.4 million in 2001.

"I can't think of a better way to close out the year," Vance Realty owner/founder Barbara Vance tells GlobeSt.com. "Not only will this one transaction help our year-end numbers, but will (also) provide nice momentum heading into the new year." Vance started her firm in 1997 with a staff of two.

Longtime Orlando area developer Ellsworth G. Gallimore and his Butler Ridge Development Inc. sold Pulte the tract for about $63,500 per lot or $12.70 per sf, based on average 50-foot-by-100-foot lots.

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