Another office building in downtown Sarasota is sold!

Another office building in downtown Sarasota is sold!

picture provided via NAI Global

picture provided via NAI Global

Real Estate Deals – September 24, 2013

SOLD: Jewish Family & Children’s Service of Sarasota-Manatee, Inc. has bought from Conforto Ringling, LLC, a 7,606 SF office building located at 1753 Ringling Blvd., Sarasota, Florida 34236. Including the parking garage, the total SF is 11,265. The property totals 9,866 SF.

The property sold for $1,625,000.

Average Building PSF $213.65 (w/o pkg garage SF) $144.25 (w/ parking garage)

Average Land PSF $164.07

Based on this sale and some new construction in the immediate area (The Q Sarasota –click here <—==== ) (The Jewel condo’s in Sarasota – Click here <—===)

Properties for Sale in Downtown Sarasota

#1. A great location across from the building and property above. This subject property sits adjacent to the Q Sarasota development, which you can read more about, HERE <—====.

#2. Apartment complex located downtown that is gorgeous and priced to sell for the right buyer!
Click Here <—==== For more information.

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Filed under Commericial Real Estate Articles & News, Investment Real Estate

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