Providing news, research, data and properties in Southwest Florida – Site offered by Sean Dreznin of Dreznin Pappas Commercial Real Estate LLC.

Recent Multi-Family Sales in Sarasota – 2017

chez ami 1

61-units – Mostly 2 Bdrm/1 Bath units – Prime location (across from Sarasota Memorial Hospital)

Asking $5,795,000

Sold 8-2017 for $5,625,000 which equates to $92,200 per unit


Aerial view SW

54-units – Mix of 3 Bedroom units/2 Bedroom Units – Units previously condo’ed – Upside potential –

Asking $4,600,000

Sold 9-2017 for $5,100,000 which equates to $94,400 per unit


ridge-garden-sarasota-fl-building-photo

48-units – 42 1/1 units and 6 2/1 units – C Class property – Central location

Asking $3,750,000

Sold 12-2017 for $3,100,000 which equates to $64,600 per unit


26-units – 18 2/1 units & 5 1/1 units + 3 Bdrm –  Agreement with Ringling College in leasing units

Asking $2,295,000

Sold 5-2017  for $2,195,000 which equates to $84,400 per unit

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