NEW TAMPA -- A couple years ago, Live Oak Preserve was without an owner and its residents flummoxed about slumping home values. A lot has changed since then. Now, the subdivision nestled up to Bruce B. Downs Boulevard just south of County Line Road is one of the fastest selling communities in the Tampa region. New homes sales in Live Oak II, the newest section of the 1,300-acre development, is on pace to total about 180 units this year, said David Ivin, a representative for Bradenton-based Starwood Land Ventures. "We are working about 15 a month," Ivin said of newly constructed homes being sold. "Sales have been extremely good." Starwood bought 550 lots in Live Oak Preserve at auction in January 2010. The land grab was part of an $81 million purchase of TOUSA's Florida-based assets. T...
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