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Beachside Management Pays $9.8M for Siesta Beach Resort & Suites

Area: sqft BHK:  Price: 
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Beachside Management acquired the Siesta Beach Resort & Suites at 215 Calle Miramar and 5311 Ocean Blvd. in Sarasota, FL from Odyssey Hotel Beta, Inc. for $ 9.75 million, or about $ 162,500 per room. The two-story hospitality building delivered in 1955 in the Sarasota submarket. The owners plan to redevelop the 23,158-square-foot motel, which has 60 rooms. Both parties handled the direct sale in-house. Please see CoStar COMPS #3907070 for…
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

Post Tagged with $9.8M, Beach, Beachside, Management, Pays, Resort, Siesta, Suites

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Recent Posts

  • Irene Sandiego, Tampa4u Realtor — Past Home Sales
  • Compare the 4 Most Popular Low-Down-Payment Home Loans
  • It’s March! The Best Month for Tampa Home Sellers to List
  • Builders Fulfill Homebuyers’ Desire for Large Open-Floor-Plan Homes
  • The Most Expensive Existing Condos for Sale in Tampa Are on Bayshore Blvd

General Tampa Area

Today, Tampa is part of the metropolitan area most commonly referred to as the Tampa Bay Area. For U.S. Census purposes, Tampa is part of the Tampa-St. Petersburg-Clearwater, Florida Metropolitan Statistical Area. The four-county area is composed of roughly 2.9 million residents, making it the second largest metropolitan statistical area (MSA) in the state, and the fourth largest in the Southeastern United States, behind Miami, Washington, D.C. and Atlanta.[14] The Greater Tampa Bay area has over 4 million residents and generally includes the Tampa and Sarasota metro areas.

Tampa Areas

The city is divided into many neighborhoods, many of which were towns and unincorporated communities annexed by the growing city. Generally, the city is divided into the following areas: Downtown Tampa, New Tampa, West Tampa, East Tampa, North Tampa, and South Tampa. Well-known neighborhoods include Ybor City, Forest Hills, Ballast Point, Sulphur Springs, Seminole Heights, Tampa Heights, Palma Ceia, Hyde Park, Davis Islands, Tampa Palms, College Hill, and non-residential areas of Gary and the Westshore Business District.

Categories

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