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BUYER: RT Holdings of Sarasota LLC (principal: Arthur Jacoby), Sarasota
SELLER: KKB of Sarasota Inc.
PROPERTY: 8403 S. Tamiami Trail, Sarasota
PRICE: $1.5 million
PREVIOUS PRICE: $1.69 million, November 2004
LAW FIRM ON DEED: Levin Law LC, Sarasota
PLANS, DESCRIPTION: RT Holdings of Sarasota LLC, a company owned by Sarasota's Arthur Jacoby, purchased the 5,993-square-foot Tropical Car Wash & Auto Salon for $1.5 million.
The price equated to $251 per square foot.
The 12-year-old car wash is located in the Plaza at Palmer Ranch. Calls to Tropical Car Wash & Auto Salon were not returned prior to deadline.
RT Holdings of Sarasota mortgaged the property to Synovus Bank for $1.13 million.
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