Sarasota apartments sell for $430,000

A four-unit apartment property in Sarasota has sold for $430,000.

via Herald-Tribune’s John Hielscher

The Southgate Apartments, 3944 S. East Ave., consists of two duplexes that were built in 1959 and renovated last year.

Sara Kenny McGregor was the buyer, according to county records. Seller Ivmax Properties LLC, a Sarasota company managed by David T. Ivin, had bought it for $415,000 in July 2015.

One building contains two two-bedroom, one-bath units. The building on the south end of the property has a three-bed, one-bath unit and a one-bed, one-bath unit.

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