Guatemalan politician buys Burgundy Square apartments, retail

BUYER: Burgundy Square Venice LLC (manager: Harold Caballeros), Venice
SELLER: Rainmaker Trading Co. LLC, Friendship 7 LLC, Boo Investments LLC
PROPERTY: 201, 221, 223, 225 and 241 Miami Ave. W. and 317, 319 and 335 W. Venice Ave., Venice
PRICE: $7.9 million
PREVIOUS PRICE: $2.3 million, April 2001; $1.29 million, April 2008; $1.2 million, July 2007; and $500,000, July 2006
LAW FIRM ON DEED: Kanetsky Moore & DeBoer PA, Venice

PLANS, DESCRIPTION:
Guatemalan businessman and former politician Harold Caballeros purchased the 45,380-square-foot Burgundy Square apartments and retail space for $7.9 million.

The price equated to $174 per square foot. That figure is higher than the two-year average price per square foot for retail space ($129) in the Tampa Bay area, according to the CoStar Group.