Tom Hudson Acquires Retail Asset In Sarasota MSA For $5,446,154 With Brokers Alejandro Snyder & Michael B Williams
1504 53rd Avenue East
$5,446,154
$342/SF
Building Size
15,913 SF
Asset Type
Retail
Closing
Sep 30, 2026
About this deal
AI
The property asset involved in this transaction is a retail space located at 1504 53rd Avenue East within the Sarasota MSA. The sale price of the property is $5,446,154, encompassing a total square footage of 15,913, which translates to a price per square foot of $342.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $5,446,154
- Buyer: Tom Hudson
- Brokers: Alejandro Snyder & Michael B Williams - Current Real Estate Advisors
- Market: Sarasota MSA
- Sale Date: 09/30/2026
Key individuals involved in this transaction include Tom Hudson as the buyer, while Alejandro Snyder and Michael B Williams represented the buyer through their agency, Current Real Estate Advisors, facilitating the deal process.
On the Map
$5,446,154
$342/SF
Retail
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Players
Bradenton Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.91%
Cash-on-Cash
-0.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93