47-year-old Sarasota apartment complex sells for more than $260,000 per unit

A local investor has bought Parkside East and will give it “numerous updates and enhancements.”

  • By Louis Llovio
  • | 3:36 p.m. June 24, 2022
  • | 0 Free Articles Remaining!
Parkside East on N. Osprey Avenue in Sarasota sells for $6 million. (File photo)
Parkside East on N. Osprey Avenue in Sarasota sells for $6 million. (File photo)
  • Manatee-Sarasota
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A Sarasota apartment complex has sold for $6 million.

Parkside East, a 23-unit complex at 785 N. Osprey Ave., was bought by an LLC named FL Echo. The company’s address, 50 Central Ave., Sarasota, matches that of Insula Cos., a local real estate investment firm, according to Florida Division of Corporations records. 

 

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