Southpointe Marina Mall, the former home of The Waterfront Restaurant, has sold to an investor. The deal includes a house.
Southpointe Marina Mall in Sarasota has sold.
The plaza on South Tamiami Trail, which counted The Waterfront Restaurant as a tenant for nearly 40 years, brought $6.5 million. The buyer was Donatas Filipavicius.
According to the American Property Group, which represented the seller, the 28,301-square-foot plaza includes 23 retail and office units, boat slips and a just renovated dock and boat ramp. It sits on 2.44 acres with 770 feet of waterfront looking onto Sarasota Bay.
A single-family home located just behind the center was part of the deal.