Business

MLB star Gary Sheffield sells Holmes Beach inn

HOLMES BEACH -- An 11-unit inn on Anna Maria Island owned until recently by former professional baseball player Gary Sheffield has been sold for $2.55 million.

Tampa native Sheffield, 46, an outfielder for more than a half dozen major league teams, sold the Anna Maria Island Beach Resort on May 22. The buyer is a corporation registered to a Tampa law office.

Located on the beach overlooking the Gulf of Mexico, the 6,400-square-foot inn was built in 1973. During the summer season, room rates run between $165 and $235 per night, according to the inn's website.

The selling price was far less than Sheffield paid for the property. He bought it in 2005 for $4 million.

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