Entrepreneur Biter buys United Way building for apartment project

BUYER: Biter Building LLC (Jesse M. Biter Revocable Trust), Sarasota
SELLER: United Way Suncoast Inc.
PROPERTY: 1445 Second St., Sarasota
PRICE: $2.8 million
PREVIOUS PRICE: $850,000, December 2000
LAW FIRM ON DEED: Berlin-Patten PLLC, Sarasota

PLANS, DESCRIPTION: Entrepreneur Jesse Biter purchased the 13,881-square-foot United Way building in downtown Sarasota for $2.8 million.

The price equated to $202 per square foot. That figure is higher than the two-year average price per square foot for office space ($115) in the Tampa Bay area, according to the CoStar Group.