Sarabay Real Estate Realtor buys Siesta Village rentals

BUYER: Holderness Enterprises LLC (principal: Michael Holderness), Sarasota
SELLER: Bonus Properties Inc.
PROPERTY: 124 Columbus Blvd., units 1-9, and 110 Avenida Veneccia, Sarasota
PRICE: $2.55 million
PREVIOUS PRICE: $290,000, February 2007
LAW FIRM ON DEED: Berlin-Patten PLLC, Sarasota

PLANS, DESCRIPTION:
Michael Holderness Jr., a Realtor with Sarabay Real Estate Inc., purchased a nine-unit residential building and a nearby two-unit building on Siesta Key for $2.55 million.

The price equated to $231,818 per unit. That figure is higher than the average price per unit for multifamily space ($70,803) in the Tampa Bay area, according to the CoStar Group.