American Property Group of Sarasota, Inc. is pleased to announce the successful sale of the commercial condominium located at 33 S. Palm Avenue within The DeMarcay, one of Downtown Sarasota's premier mixed-use developments. The three-story commercial property sold for $1.95 million, marking another notable investment in Sarasota's thriving downtown commercial market.

Brian Seidel, CCIM, Broker-Associate with American Property Group of Sarasota, Inc., represented the seller in the transaction.

Positioned along Palm Avenue in the heart of Downtown Sarasota, the property offers exceptional visibility within walking distance of Main Street, Marina Jack, Bayfront Park, luxury residential developments, restaurants, retail, and cultural attractions. The transaction highlights the continued strength of Sarasota's commercial real estate market and the sustained demand for premier downtown investment opportunities.

While details regarding the purchaser and the property's future use remain confidential at this time, the sale reflects the ongoing confidence investors have in Downtown Sarasota's long-term growth and vitality.

"We're proud to have represented the seller in the successful sale of this exceptional property," said Brian Seidel, CCIM, Broker-Associate at American Property Group of Sarasota, Inc. "Downtown Sarasota continues to attract strong investor interest, and quality commercial opportunities like this remain in high demand."

Since 1987, American Property Group of Sarasota, Inc. has been serving the commercial real estate needs of Sarasota, Manatee, and Charlotte counties. The firm specializes in commercial sales, leasing, investments, office, industrial, retail, medical, land, and property management, helping businesses and investors achieve their commercial real estate goals throughout Southwest Florida.