J.E. Bley Overseas Trade of S. Fla., Inc. v. Immokalee Real Estate Holdings, LLC

333 So.3d 1170 (Mem)

J.E. BLEY OVERSEAS TRADE OF SOUTH FLORIDA, INC., etc., et al., Appellants,

v.IMMOKALEE REAL ESTATE HOLDINGS, LLC, etc., Appellee.

No. 3D21-0462

District Court of Appeal of Florida, Third District.

Opinion filed February 16, 2022

BLU Ocean Law Group, P.A., and Nashid Sabir ; David J. Winker, P.A., and David J. Winker, for appellants.

Douglas H. Stein, P.A., and Douglas H. Stein, for appellee.

Before FERNANDEZ, C.J., and GORDO and BOKOR, JJ.

PER CURIAM.

Affirmed. St. Petersburg Bank & Tr. Co. v. Hamm, 414 So. 2d 1071, 1073 (Fla. 1982) (outlining specific methodology for computing interest pursuant to section 687.03(3), Florida Statutes ); Rebman v. Flagship First Nat'l Bank of Highlands Cty., 472 So. 2d 1360, 1363 (Fla. 2d DCA 1985) (finding that escrow account used as interest reserve was properly excluded from usury calculation).