---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-065375"
form_type: "8-K"
ticker: null
cik: "0001418372"
company_name: "Salamander Innisbrook, LLC"
filed_at: "2023-11-21T23:59:59+00:00"
generated_at: "2026-06-07T22:36:16.056084+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Salamander Innisbrook sells 54 acres to Toll Brothers for $12.6M net proceeds

## Summary
- Sold 54 acres along northern boundary of Resort to land banker for Toll Brothers for $12,565,887 net proceeds after closing costs.
- Additional proceeds: 10% of sales proceeds exceeding $700,000 for single-family homes and $475,000 for townhomes.
- Toll Brothers plans to build 122 single-family homes and 52 townhomes on the acquired land.
- Sale closed on November 16, 2023; proceeds received in net cash of $12.6M.

## SEC filing metadata
- accession: 0000950170-23-065375
- form_type: 8-K
- cik: 0001418372
- company_name: Salamander Innisbrook, LLC
- filed_at: 2023-11-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1418372/000095017023065375/0000950170-23-065375-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1418372/000095017023065375/ck0001418372-20231116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-065375
- JSON: https://secwatch.observer/filing/0000950170-23-065375.json
- Plain text: https://secwatch.observer/filing/0000950170-23-065375.txt

## Key facts
- M&A Transactions
  Salamander Innisbrook, LLC completed a disposition involving TLB 174 – Palm Harbor, L.P., the land banker for Toll Southeast LP. Company, Inc. (“Toll Brothers”) for $12,565,887 (closed 2023-11-16).
  - Action: disposition
  - Counterparty: TLB 174 – Palm Harbor, L.P., the land banker for Toll Southeast LP. Company, Inc. (“Toll Brothers”)
  - Consideration: $12,565,887
  - Closing: 2023-11-16
  source text: boundary of the Resort to TLB 174 – Palm Harbor, L.P., the land banker for Toll Southeast LP. Company, Inc. (“Toll Brothers”). The sale resulted in net proceeds to us of $12,565,887 after closing costs and related expenses. In addition, the Purchase and Sale Agreement provides for us to receive additional proceeds of 10% of any sales proceeds received by Toll
  evidence_url: https://www.sec.gov/Archives/edgar/data/1418372/000095017023065375/0000950170-23-065375-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.