OTHERAPPROVED

Port St. Lucie Approves $2.57M Land Sale to Tambone Companies

The Port St. Lucie Governmental Finance Corporation approved a Purchase and Sale Agreement with Tambone Companies, LLC for the sale of approximately 7.36 acres in Southern Grove. The deal is valued at $2,565,000, with closing scheduled upon satisfaction of due diligence and development approval requirements. The buyer will construct a medical and office complex as specified in contract terms.

Status
APPROVED
Document date
March 9, 2026
Contract type
OTHER
Vendor
Tambone Companies Llc
Agency
City of Port St. Lucie · FL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$2,565,000.00 ($8.00 per square foot)
Contract type
OTHER
Contract term
Closing 30 days after Development Approval Period; Development Approval Period is 60 days after 120-day Inspection Period; total duration from execution is approximately 7-8 months
Renewal date
2027-01-31
Renewal
Purchase and sale agreement includes inspection, development approval, and closing milestones; may be terminated if milestones are not met. No renewal or extension clauses apply unless amended or closing date extended for limited periods per contract.
Document type
AgendaPacket
Source document
City of Port St. Lucie Governmental Finance Corporation Meeting Agenda March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Port St. Lucie?

Tambone Companies Llc was awarded this government contract by City of Port St. Lucie, as recorded on March 9, 2026. The contract value is $2,565,000.00 ($8.00 per square foot).

How much is the Tambone Companies Llc contract with City of Port St. Lucie worth?

The Tambone Companies Llc contract with City of Port St. Lucie is valued at $2,565,000.00 ($8.00 per square foot).

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Port St. Lucie Governmental Finance Corporation Meeting Agenda March 2026 (AgendaPacket), dated March 9, 2026 from City of Port St. Lucie. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tambone Companies Llc hold?

Tambone Companies Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Tambone Companies Llc's profile

What is City of Port St. Lucie currently buying?

Explore City of Port St. Lucie's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Port St. Lucie's profile

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