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BUYER: 5377 McIntosh LLC (principal: Michael Evanoff), Sarasota
SELLER: ASAP Real Estate LLC
PROPERTY: 5377 McIntosh Road, Sarasota,
PRICE: $595,000
PREVIOUS PRICE: $376,000, September 1996
LAW FIRM ON DEED: James V. Stewart Esq., St. Petersburg
PLANS, DESCRIPTION: Sarasota businessmen and father and son Steve and Michael Evanoff purchased the 11,700-square-foot ASAP building for $595,000.
The price equated to $51 per square foot.
The building, which previously housed the construction equipment rental company, features 4,500 square feet of office and showroom space. The 14-year-old block and steel building sits on a 2.05-acre site.
Michael Evanoff says the new owners are not settled on a plan for the building and that it will largely depend on county approvals. The new owners have hired Joel Freedman of the Freedman Consulting Group to do the land planning for the project and William Dobson of RBK Architects Inc. to design it.
“We thought it was a good investment,” Evanoff says. “The condition of the building wasn't bad considering it wasn't used as completely clean retail space. The outside of the building, [roof] and parking need some work.”
The buyers had to move quickly on the purchase of the property because the sale had to close before the end of a liquidation auction of ASAP Enterprise of Sarasota Inc.'s real estate and business assets.
Christopher Leonard of Colliers International's Tampa Bay office and Roger “Biff” Ruttenberg of Atlas Partners LLC represented the seller and Jon Kleiber from James Buchanan Realty represented the buyer.
The agreement calls for the new ownership to take possession of the property in mid-December.
The Evanoffs are best known as the owners of Evie's Family Golf Center, a driving range and miniature golf facility on Bee Ridge Road in Sarasota. They also own four Evie's Taverns, a valet parking business 1223 Parking Inc. and Skyway Limousine Services.
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