Fly Boys

Commercial real estate broker Michael Gallatin occasionally greets visitors at an airport hangar he has listed for sale with this celebrated tagline: Welcome to the lifestyles of the rich and famous.

It's tongue-in-cheek, yet apropos. The hangar, at the Sarasota-Bradenton International Airport, is indeed in some rare air. Listed as Hangar #1, it's a 20,000-square-foot luxury-embedded abode that can store an array of vehicles and planes. “I don't think there is a hangar like this for sale in the state of Florida,” says Larry Smith, who runs the hangar for its owner, Bradenton entrepreneur Bill Mullis.

The hangar features three full restrooms with showers; a ground-floor kitchen with high-end European appliances; and 2,500 square feet of office space on the second floor. The gray epoxy floors on the ground level, meanwhile, have been redone twice in four years. That cost $65,000 each time, says Gallatin, with the Sarasota office of Sperry Van Ness.