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Transactions
Business Observer Monday, Jun. 6, 2022 3 weeks ago

Transactions: May 31 to June 6

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A $143.5 million multifamily sale in Sarasota leads the way in transactions.
by: Steven Benna Contributor

CHARLOTTE

Buyer: Port Charlotte Apartment Residences LLC
Seller: JBCC Sandhill LLC
Address: 24760 Sandhill Blvd., Punta Gorda

Property Type: Commercial buildings

Price: $3,000,000

Previous Price: $1,500,000, July 2019

COLLIER

Buyer: Jam Enterprises 2 LLC
Seller: Robert Porcelli

Address: Marco Island

Property Type: Vacant land

Price: $6,000,000

Buyer: Bayfront22 LLC

Seller: Bayfront Professional Center LLC and Lucid Property Enterprise LLC
Address: 1333 3rd Ave. S., Naples

Property Type: Professional center

Price: $3,650,000

Buyer: 791 Tenth St. South 201 of Naples LLC
Seller: 791 10th Street South #201 LLC

Address: 791 10th St. S., Naples

Property Type: Commercial condominium

Price: $1,250,000

HILLSBOROUGH

Buyer: BIT Investment One Hundred Two LLC
Seller: Seefried Big Bend LLC

Address: 6089 Big Bend Road, Gibsonton

Property Type: Warehouse

Price: $103,050,000

Previous Price: $9,600,000, August 2020

Buyer: 11720 Main Street Plaza LLC, 11780 Main Street Plaza LLC, and Frederick Simpson LLC
Seller: GTE Wireless LLC

Address: 6550 W. Hillsborough Ave., Tampa

Property Type: Office building

Price: $27,300,000

Previous Price: $19,189,300, June 1999

Buyer: JMD Tampa LLC

Seller: Lois Realty Corp.

Address: 1502 N. Dale Mabry Highway, Tampa

Property Type: Retail store

Price: $7,650,000

Previous Price: $2,000,000, July 2004

LEE

Buyer: Fort Myers Industrial Owner LLC
Seller: YBFH Real Estate LLC
Address: Fort Myers

Property Type: Vacant land

Price: $40,000,000

Buyer: HPI Self Storage MLK LLC
Seller: MLK Blvd CCSS LLC
Address: Dr. Martin Luther King Jr. Blvd., Fort Myers

Property Type: Commercial warehouse

Price: $10,500,000

Previous Price: $385,000, November 2020

Buyer: Legacy Oriole LLC
Seller: Alico North 26 LLC, Alico North 26 EF LLC, Alico Aries LLC, Alico Aries Trust LLC, and David Howard Goldberg

Address: Oriole Road, Fort Myers

Property Type: Vacant land

Price: $9,310,000

MANATEE

Buyer: CRJ Bradenton LLC
Seller: RIC (DeSoto) LLC

Address: 303 301 Blvd. W., Bradenton

Property Type: Regional shopping center

Price: $25,700,000

Previous Price: $20,000,000, November 2021

Buyer: Asa Bradenton RE Investments LLC
Seller: SERED 64 LR LLC
Address: 14427 State Road 64 E., Bradenton

Property Type: Vacant commercial land

Price: $8,500,000

Buyer: Muller Management LC

Seller: 6012 28th St. E LLC
Address: 6012 28th St. E., Bradenton

Property Type: Warehouse

Price: $2,495,000

Previous Price: $650,000, August 2018

PASCO

Buyer: Shanahan LP
Seller: Affordable Golf Carts Inc.

Address: 10010 State Road 52, Hudson

Property Type: Warehouse

Price: $4,980,000

Previous Price: $530,000, December 2009

PINELLAS

Buyer: AZPR Propco of Tampa LLC
Seller: Boukalis Development of St Petersburg LLC
Address: 3100 22nd Ave. N., St. Petersburg

Property Type: Retail strip store

Price: $12,000,000

Previous Price: $2,216,300, July 2001

Buyer: TPS STPETE LLC
Seller: PEG St. Petersburg Clearwater Property LLC
Address: 5050 Ulmerton Road, Pinellas Park

Property Type: Hotel

Price: $10,500,000

Previous Price: $8,800,000, September 2008

Buyer: Roseville MN Apartments LLC
Seller: RC Largo Apartments LLC
Address: U.S. Highway 19 N., Largo

Property Type: Vacant commercial land

Price: $4,800,000

Previous Price: $3,600,000, November 2021

POLK

NONE

SARASOTA

Buyer: GG Citria LP
Seller: SD Fruitville Commons LLC
Address: 3017 Clementine Court, Sarasota

Property Type: Multifamily units

Price: $143,500,000

Buyer: SC Leasing LLC
Seller: BBC Plaza LLC and Biter Building LLC

Address: 1993 Main St., Sarasota

Property Type: Retail strip store

Price: $18,000,000

Previous Price: $18,100,000, November 2015

Buyer: OBS Sarasota LLC
Seller: Pelican Swim N Play Inc.

Address: 331 John Ringling Blvd., Sarasota

Property Type: Retail strip store

Price: $3,800,000

Previous Price: $850,000, June 1988

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