A Buffalo, N.Y., company has bought a 73,276-square-foot storage warehouse at 530 Manatee Ave. W. for about $4 million. Sovran Acquisition is a subsidiary of Uncle Bob’s Self Storage in Buffalo, which owns and manages more than 450 self-storage operations around the country. The seller was Manatee Avenue Storage Partnership LLP, a Sarasota company managed …
Author Archives: Administrator
Miami Condo Hits the Market for $27 Million
Venture capitalist Fred Drasner and his wife Lora have put their 9,000-square-foot condominium in Miami on the market for $27 million. Mr. Drasner is currently chairman of Miami venture capital firm Three Seasons Capital.Composed of three separate units that were put together, the property has four bedrooms and 10 bathrooms and is on the 54th …
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Sales on Sarasota’s Westway Drive measure luxury market | HeraldTribune.com
In 2003, the $13.2 million sale of 1219 Westway Drive, a then-new 7,400-square-foot mansion and property next door, kicked off the region’s residential real estate boom and set a sales record. For the next three years, the market soared, until a mammoth collapse slashed prices by 50 percent or more. On Friday, the tony Lido …
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Luxury Snaps Back
With their children through college, Myra McWethy and her husband Kevin decided to sell their three-bedroom Santa Monica, Calif., home in May and move to San Diego. Given the soft housing market, they weren’t sure how buyers would react to their $1.8 million asking price. They found out quickly. Within hours of listing the property, …
5 Reasons to Avoid a Reverse Mortgage – On Retirement
One of the retirement planning resources that has gained interest in recent years is the reverse mortgage. For many retirees, it seems like a solid idea. You get access to the equity in your home, and the bank makes a mortgage payment to you. It turns your home into a source of income. It’s a …
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Wisteria Island: A tussle for a wild isle in the Florida Keys
In the middle of Key West Harbor, there’s a modern-day Gilligan’s Island just a short dinghy ride from Schooner’s Wharf. It’s 21 acres of wild green space with a rusting barbecue grill and an empty beer keg swinging from a tree. And if you thought the fictional island on the 1960s TV show harbored a …
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