Upscale Sarasota clothing boutique and its building up for sale
In the week's top commercial real estate news, North Port land is preserved, a Fort Myers firm has a really good week, and Tampa is getting more industrial space.
Apricot Lane Boutique in Sarasota has been sold.
Image courtesy of SVN Commercial Advisory Group
Florida
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Naples/Fort Myers/Charlotte
A good week: LSI Cos. in Fort Myers has been busy. The commercial real estate firm announced a series of deals last week that it brokered, including several topping the million-dollar mark. Among the deals:
A 2,954-square-foot office building in Naples. The property at 5395 Park Central Court sold for $1.29 million to DeWayne Lockhart Jr. The previous owner was Nala Properties, which paid $269,500 for the single-story building in 2019.
A five-unit apartment building in Cape Coral. The property at 3913 S.E. 11th Place was bought for $1.03 million by an LLC with an Aventura address. The previous owner, Florida Home Visions, bought the property in 1990 for $150,000. According to its LoopNet listing, the apartment building sits on a canal and has five two-bedroom, two-baths units. The listing says the building has “substantial rental income upside, as current rental rates are significantly below market.”
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