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

Recent 2018 Multifamily Sales – Sarasota County, FL (through 4/4/2018)

512 Barcelona Apts

512 Barcelona Ave, Venice, FL

6-units

Built in 1957

2,898 Rentable SF

SOLD 1/31/2018

SOLD $679,000  = $234 PSF = $113,167 per unit

Listed at $695,000 on 10/10/2017


 

5233 N Tamiami Trail - Sarasota

5233 N TAMIAMI TRL SARASOTA, FL, 34234

16-units

Built in 1972

14,624 Rentable SF

SOLD 2/13/2018

SOLD $1,450,000 = $99 PSF = $90,625 Per Unit

Off-Market Deal


 

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3701 WEBBER ST SARASOTA, FL, 34232

41-units

Built in 1991 & 2001

38,842 Rentable SF

SOLD 2/15/2018

SOLD $5,813,500 = $150 PSF = $142,000 Per Unit

Listed 10/2017


 

The RialtoPlaza Mayor Apts in Venice

1 PLAZA MAYOR VENICE, FL, 34285

37-units

Built in 1971

33,694 Rentable SF

SOLD 1/2/2018

SOLD $3,000,000 = $89 PSF = $81,000 Per Unit

Listed Early 2017


 

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Pinecrest Arms

3400 BENEVA RD #324 SARASOTA, FL, 34239

26-units

Built in 1978

Approx 25,300 Rentable SF

SOLD 2/15/2018

SOLD $3,686,600 = $150 PSF = $142,000 Per Unit

Listed 10/2017


 

Royal Palm Apartments

3917 Royal  Palm, Sarasota, FL

4-units

Built in 1949

2,469 Rentable SF

SOLD 3/1/2018

SOLD $305,000 = $124 PSF = $76,250 Per Unit

Listed January 2018

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