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DADE NAT. DEVEL. v. SOUTHEAST INVESTMENTS

No. 84-1334.

471 So.2d 113 (1985)

DADE NATIONAL DEVELOPMENT CORP. and Florida Coast Development Group, Appellants/Cross Appellees, v. SOUTHEAST INVESTMENTS OF PALM BEACH COUNTY, INC., a/K/a Southeast Investments, Inc., Appellee/Cross Appellant, and Freshman & Freshman, P.A., Appellee.

District Court of Appeal of Florida, Fourth District.

Rehearing Denied July 10, 1985.

Attorney(s) appearing for the Case

Marshall B. Wood, Jr., and Stephen R. Phillips of Wood, Cobb, Murphy & Craig, West Palm Beach, for appellants/cross appellees.

F. Kendall Slinkman, West Palm Beach, for appellee/cross appellant.

DELL, Judge.

Dade National Development Corp. and its assignee, Florida Coast Development Group (hereinafter referred to as buyer) appeal the amount awarded on their claim for liquidated damages. Southeast Investments of Palm Beach County, Inc. (seller) cross appeals.

On March 10, 1982, seller and buyer entered into separate contracts for the purchase of two parcels of real estate. The contracts provided for purchase prices of $1,085,000 and $2,300,000 respectively...

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