$27.4 million - Helmsley Sandcastle Hotel

Delray Beach-based Ocean Properties Ltd. purchased the 177-room Helmsley Sandcastle Hotel on Lido Beach for $27.4 million.

LOCATION: 1540 Benjamin Franklin Drive, Sarasota
PURCHASE DATE: Feb.7
PRICE PER UNIT: $154,802

DETAILS: Built in stages in 1953, 1957 and 1967, the 152,546-square-foot resort occupies a 6.13-acre waterfront site. The community features two heated swimming pools, a business center, dining room and lounge, shuffleboard and volleyball courts and meeting/banquet facilities.