Hautamaki & Horiuchi physicians' office moving to Floyd Street building

BUYER: 1843 Floyd Street LLC (principals: Raymond Hautamaki), Sarasota
SELLER: Ehlers Enterprises LLP
PROPERTY: 1843 Floyd St., Sarasota
PRICE: $1.09 million
PREVIOUS PRICE: $585,800, December 1993
LAW FIRM ON DEED: Henry P. Trawick PA, Sarasota

PLANS, DESCRIPTION:
A company managed by Dr. Raymond Hautamaki purchased a 7,898-square-foot medical office building for $1.09 million.

The price equated to $137 per square foot. That figure is more than the two-year average price per square foot for office space ($115) in the Tampa Bay area, according to the CoStar Group.

The two-story former MRI center building was purchased to serve as the new home of the Hautamaki & Horiuchi medical practice, which is currently located at 2130 S. Tamiami Trail, Sarasota. The new owner plans to remodel the interior of the building.

Michele Fuller of Ian Black Real Estate handled the transaction. She says one of the more attractive elements of the building for the buyer was its location near the hospital. In general, office transactions are up, Fuller says, because sellers have become realistic and end users are seizing upon the more affordable opportunities in the marketplace.