Local

David Siegel sells a local Westgate Resorts site

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

Westgate Resorts CEO David Siegel has sold another Orlando property.

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Orlando-based Central Florida Investments Inc. -- the parent company of timeshare giant Westgate Resorts -- sold a 3.66-acre property at 5305 San Antonio Ave. in Orlando for $5.19 million to Wyoming-based Ocean Equities LLC, according to Orange County records.

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The Club Orlando property, built in 1984, features 42 condo-style units, according to the Orange County Property Appraiser. It last traded hands in 1981 when it was vacant land for $350,000, according to county records.

Click here to read the full story on the Orlando Business Journal’s website.