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The Business Observer is the leading provider and most authoritative source of business and economic information affecting the Florida Gulf Coast from Tampa Bay to Naples.
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News
Medical office complex in Bradenton sells for $8.35M
1+ week, 4+ day ago (239+ words) Two buildings in Bradenton have sold for a combined $8.35 million, according to SVN Commercial Advisory Group, which brokered the deal. Situated on a 4.2-acre parcel, the properties are 4351 and 4401 Cortez Road W. The seller is Zinnia Center VI, a Lakewood Ranch-based…...
Fort Myers waterfront house listed for $13 million
1+ week, 5+ day ago (322+ words) A Fort Myers house on the Caloosahatchee River has been listed for sale. The asking price: $13 million. The 5,400-square-foot house on 0.54-acres is at 12798 Dennis Drive and, according to a search on Realtor.com, one of only three with a…...
Developer secures financing for $39M Pasco affordable housing project
2+ week, 5+ day ago (251+ words) McDowell Housing Partners, an affordable housing developer and investment company, has closed on the financing for and has started construction on the second phase of a $38.9 million development in Pasco County. The project is Ekos at Bayonet Point II, part…...
Fort Myers medical office sells for $1 million
3+ week, 2+ day ago (116+ words) A 4,100-square-foot medical office condominium has sold in Fort Myers. The property is Suite 1000 at 6150 Diamond Centre Court off of Metropolis Avenue. The buyer was local doctor Khalid Sabha, who paid $1.17 million, according to the Pittsburgh, Pennsylvania-based commercial real estate…...
Tennis legend Mike Bryan sells St. Pete Beach home for $2.35 million
3+ week, 2+ day ago (329+ words) The St. Pete Beach house belonging to Mike Bryan, who reached the top of the professional tennis ranks playing doubles with his twin brother, Bob, has sold. The house is at 151 Punta Vista Drive and sold for $2.35 million in all…...
Cape Coral senior community sold for $10.5 million
3+ week, 5+ day ago (179+ words) Atrium at Liberty Park, a senior housing community in Cape Coral, has been sold. The 130-unit assisted living and memory care facility is at 1321 NE 24th Ave. A sales price was not disclosed, but according to Lee County property records, New…...
Pasco County apartment complex under construction sells for $16 million
3+ week, 6+ day ago (224+ words) A 384-unit apartment community under construction in Wesley Chapel has sold to a North Carolina multifamily developer. The 19.44-acre Pasco County property at the southwest corner of State Road 56 and Meadow Pointe Boulevard was bought by the Aventon Cos. for…...
Manatee County apartment complex sells for $67 million
3+ week, 6+ day ago (286+ words) A relatively new apartment community in Manatee County has sold. Investors recently purchased The Crossing at Palm Aire for $67 million, according to a copy of the deed in Manatee County records. Next, the new owners plan to make some improvements…...