The Blog

Reprinted without any permission or warning from this article, BY TIMES STAFF WRITER.

TAMPA — The historic Mirasol apartment building near the entrance to Davis Islands has been sold and will continue as a multifamily rental property.
The price for the 58-room building, built in the 1920s, was $10,375,000, according to Frank Carriera, an agent for Carriera Regan of Marcus & Millichap, which represented both the buyer and seller. Carriera declined to identify the buyer, but said it is a local resident who wants to keep the property as is.

There was speculation that the Mirasol could be returned to its original use as a hotel or converted to condominiums. It became apartments in the 1950s.

The buyer plans to revitalize the interiors, exterior and amenities, Carriera said.

“The sellers are happy, they got a good price, the buyers are happy because it’s a great opportunity in a great part of Tampa and, ultimately, the community should be happy because it’s going to remain exactly as it is for now,” Carriera said.

The historic Mirasol apartment building near the entrance to Davis Islands has been sold and will continue as a multifamily rental property.
The price for the 58-room building, built in the 1920s, was $10,375,000, according to Frank Carriera, an agent for Carriera Regan of Marcus & Millichap, which represented both the buyer and seller. Carriera declined to identify the buyer, but said it is a local resident who wants to keep the property as is.

Read More……

Author Contact: @tampabay.com