The property at 889 N. Washington Blvd. in Sarasota sold for $742,000 by 889 Building Corp to D&S Holdings of Sarasota, LLC. The transaction was handled by Michele Fuller of Ian Black Real Estate and Harry E. Robbins Associates, Inc.
Update: Software entrepreneur Jesse Biter acquired a 5,484-square-foot building on a 0.24-acre lot at 1401 Second St. in Sarasota for $850,000 from CRA Holding LLC. This property, along with the $2.8 million, 13,881-square-foot United Way building Biter purchased last summer, will be used to develop an apartment complex downtown. The transaction was handled by Steve Horn of Ian Black Real Estate.
The CEO and founder of It Works! Global, Mark Pentecost, has purchased more than 680 acres of ranch land in Myakka City for $3.75 million from the Dick Lee Revocable Trust.