Downtown Sarasota building: 1 year, 2 sales, 125% appreciation and a $4.3M sale

A Main Street property in Sarasota has sold for the second time in a year.


  • By Louis Llovio
  • | 5:30 p.m. January 9, 2023
  • | 0 Free Articles Remaining!
The new owner of the 0.44-acre piece of property at 2051 Main Street is an LLC named Center Pointe Property. It paid $4.59 million, 125% more than the previous owner paid in May. (Courtesy photo)
The new owner of the 0.44-acre piece of property at 2051 Main Street is an LLC named Center Pointe Property. It paid $4.59 million, 125% more than the previous owner paid in May. (Courtesy photo)
  • Manatee-Sarasota
  • Share

A nearly half-acre parcel in downtown Sarasota, once the planned site of a 10-story mixed-use development, has sold for the second time in a year.

The new owner of the 0.44-acre piece of property at 2051 Main Street is an LLC named Center Pointe Property. It paid $4.29 million for the property — 125% more than the previous owner paid in May.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content