Category: commercial real estate
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Sold, sold, sold – 54-units in Sarasota, FL
At $5.1 million, the development sold for more than 10 percent above the original asking price. Image courtesy Ian Black Real Estate). SARASOTA THURSDAY, JUL. 27, 2017 1 hour ago Sarasota development sells for $5.1 million Sale underscores demand for…
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Sarasota multifamily complex sells for $5.1 million
By John Hielscher – Staff Writer Saulstars Court attracted multiple offers and sold for 10 percent more than its asking price, according to agents SARASOTA — A 54-unit rental duplex complex has sold for $5.1 million. Saulstars Court, 3400 Tyne…
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16 Illuminating Questions Landlords Should Ask Every Prospective Tenant
16 Illuminating Questions Landlords Should Ask Every Prospective Tenantby Brandon Turner | BiggerPockets.com In this section, you are asking questions about the applicant’s life to determine their responsibility and further determine their candidacy for tenancy. 1. “How…
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Landmark building in Burns Court, Sarasota sells for $245 PSF.
Pic via Sean Dreznin I am proud to announce the sale of the Dolphin Bldg. This 10,912 SF mixed-use property consists of 17-units. 10 residential units and 7 retail spaces which are home to some of the most dynamic local…
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Florida will need 669,000 more apartments by 2030, according to a new study.
Read the full article: https://goo.gl/1scHrj
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Demographic Shift, Investor Demand Reshaping Broward’s Apartment Market which shows similarities to Pinellas & Sarasota counties.
Pic credit – Jason Ludwig PUBLISHED: JUL 17, 2017 Broward County multifamily housing and retail is undergoing a remarkable transformation as millennials and empty nesters are embracing urban living and young professionals seek similar experiences in suburban settings. Having been…
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Why even look at a Cap Rate?
“What is the cap rate?” This is a question I receive a lot of the time and its a loaded question with a complex answer. There are lots of variables that go into formulating a cap rate. It isn’t…
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SOLD – 54-unit apartment complex in Sarasota, FL
Link to Sarasota Herald Tribune article <– We are pleased to announce the closing of a 54-unit multifamily property located at 3400 Tyne Lane in Sarasota, FL. The sale had multiple offers from both local and out-of-town investors. The final…
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Made on the Gulf Coast
Nothing gets made here anymore? Think again. Tons of products get produced every day in Florida. We scour the coast for the hottest items created here. SRQ MAGAZINE | JANUARY 2017 BY JACOB OGLES Raise your glass—or rather your tumbler—and toast…
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Sarasota Ponders Future of Rosemary District near Downtown
BY JACOB OGLES SRQ DAILY FRESHLY SQUEEZED CONTENT EVERY MORNING THURSDAY JUN 8, 2017 A special district designed to spur development in the Rosemary District has been so successful Sarasota officials expect to reach a goal on new residential units more…
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