Today, Sarasota’s Ritz-Carlton will begin serving Black Angus burgers on the waterfront patio. Casual waterfront dinning will be available Fridays and weekends from 11 a.m. to 8 p.m. Affordable fare will include the Big Bufford burger with cheddar, bacon, and onion ring and BBQ sauce. Casual dinners will also enjoy checkin sandwiches, hot dogs, cocktails and milkshakes. Dinning at the Ritz for less than $10.00… We’ll see you there.
Archive for the ‘Downtown Sarasota’ Category
Broadway Promenade
October 15, 2009
There are so many great deals on vacation homes in Sarasota right now. You can buy a one bedroom in one of downtown’s newest condominiums, Broadway Promenade for only $129,000. This condo just came on the market and has stainless appliances, granite counter tops and all the conveinence of downtown living. Amenities at Broadway Promenade include concierge, pool, fitness center, secured parking and much more. Broadway Promenade has a commercial component with many boutiques and a Publix Grocery Store. This property, listed with another firm is the lowest priced condo at Broadway Promenade. It wont last long so give us a call at 941-650-4626. Click here to view details.
Sarasota Harbour
August 25, 2009
Sarasota Harbour Condominiums are located just over Ringling Causeway from Downtown Sarasota. The units of Sarasota Harbour have beautiful views of Sarasota’s Downtown waterfront and the Ringling Bridge. The location is within walking distance to downtown, St. Armands and Lido Beach. This is a great place to live if you enjoy boating, beaches and the amenities of downtown Sarasota. Despite high inventories elsewhere, there are only a few units available at Sarasota Harbour. Contact me at 941-650-4626 and I will let you know about these and others as soon they become available at Sarasota Harbour.
Five Points Roundabout
May 21, 2009
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This Summer the City of Sarasota will begin the work of installing a roundabout at Five Points on Main Street in Downtown Sarasota. Additional roundabouts will also be created at the corners of Orange Avenue and Alderman Street and at Ringling Boulevard and Palm Avenue. The total cost of the three Roundabouts are expected to be $1.5 million. Fund will come mainly from the Florida State Department of Transportation. Some funds will also come from sales taxes collected in the City of Sarasota. These improvements to our intersections will make our streets more pedestrian friendly. Possibly more importantly these projects will can be seen as a beautification. Sarasota is already a beautiful place and further improvement and beatification to roads and neighborhood areas is a welcome idea. Take a moment to navigate the embedded maps.
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Rental at 1350 Main
March 25, 2009
I have an annual rental available at 1350 Main. The 15th floor two bedroom condo will be available begining May 1st at the monthly rate of $1,800. This is a fantastic location at the corner of Main and Palm. Call 941-650-4626 for more information.
Mozaic Restaurant Sarasota
February 6, 2009The Mozaic Restaurant in downtown Sarasota recently finished thier year long renovations and has reopened. Mosaic which serves Southern France and Mediterranean cuisine is located at 1377 Main street in Sarasota.
Rivo Sales & Rentals
February 5, 2009
The Rivo Building located at the intersection of Ringling and Osprey Avenue is one of downtown Sarasota’s newest condominiums. Amenities include concierge, security, pool, fitness room and more. Of course the bes amenity of all may just be it’s downtown location. Residents at Rivo can all of Downtown’s dinning, shopping and nightlife which is all within a short walk.
Currently there are 12 condos for sale at Rivo ranging in price from $329,900 to $1,208,900. During the last 12 months 8 units have sold at an average of $484,300. Our company has the lowest priced penthouse unit available. In addition to sale or purchase, we can help with leasing. If you are looking to lease a property in Downtown Sarasota give us a call.
Sarasota Annual Rentals
January 8, 2009A search of Sarasota’s Multiple Listing System, today reveals 80 available annual condominium rentals in the downtown area. The annual rentals range from $975 per month to $15,000 per month. The average price is $3,508 monthly.
Our company has had great results in obtaining tenants for our clients and have no available rentals at this time. We are currently in need of rental property listings. If you have downtown condominium properties that need to be lease, please contact us at 941-650-4626.
Condo on the Bay, For Sale or Rent
November 14, 2008
The penthouse level units at the Condo on the Bay are almost never on the market so this is a rare opportunity to rent or own this unique property. This penthouse condominium in completely updated with the absolute finest of materials and finishes. The 19th floor provides endless views of Sarasota Bay and beyond Lido and Longboat Keys to the Gulf of Mexico. This is the very best view in all of Sarasota’s bayfront. The owner has invested $200,000 in upgrades including bamboo flooring, Neff Cabinets, Stainless appliances and much more. There is simply to much to list! No other unit available at the Condo on the Bay has been finished to this quality. The Condo on the Bay features 24 hour security, concierge, boat docks and tennis all located directly on the bay between the Ritz-Carlton and Beau Ceil.
Currently listed for sale at $1,000,000 or for rent on an annual basis for $2,500 per month.
Renaissance Condos Downtown Sarasota
November 10, 2008
This weekend I was showing downtown condominium properties to a client from Vermont. He was very pleased with the prices. By his estimation the prices are very reasonable. That’s something I have not heard in quite a few years. The client is right. Prices have come down quite a bit. In some areas and properties the prices are nearly half of what they were at the peak. Right now at the Renaissance in downtown Sarasota there are some really great deals. There are some short sales in which two bedroom units are priced as low as $224,000.
The Renaissance is a very good property in a good location but the prices have taken a beating. There are 224 units in the building and there are currently 35 units for sale. Internal competition and the competing units in Alinari next door have driven prices down to the current levels which, I believe are excellent values. The prices are sure to go back up over the next few years. The prices at The Renaissance range from to 4199,995 to $900,000. This year seven condos have been sold at an average price of $358,257.
Click here to view more pictures and to request detailed information about available properties.
Broadway Promenade
November 5, 2008
Broadway Promenade in the Cultural Arts District on the West side of Downtown Sarasota is starting to look like a really nice choice for to have choose for an entry point into Sarasota. These condominiums were conceived and build during the boom. Having been recently completed after the downturn they have seen some dramatic reductions in pricing largely due to the number of investors that have defaulted on their deposits, failed to close or have been foreclosed. Broadway Promenade has some very nice amenities including concierge, business center, valet parking, underground parking, club room, fitness center, library and billiards, pool, spa and bay or courtyard views. Each unit has granite counter tops and stainless steel appliances. An added benefit is the fact that Broadway Promenade is a mixed use development with a full service Publix grocery store and other commercial services on-site. This is very convenient downtown living.
Currently there are 39 units of the original 187 for sale ranging in price from $199,000 to $549,000. There is a a nice two bedroom unit for $230,000. Average price per square foot is $262.52. That is not bad for new construction of this quality.
Click here for details on Broadway Promenade properties.
Downtown Sarasota Rentals
October 10, 2008I have a rarely available annual rental at 1350 Main in downtown Sarasota ready for immediate occupancy. This 1,165 square foot two bedroom unit is available for rental, sale, or lease purchase. Available now, try before you buy. Click here for more information and pictures.
Ritz Carlton Sarasota/Palm Beach
July 26, 2008
Our family just spent the week at the Ritz Carlton in Palm Beach during which time we ventured into and around Palm Beach and Boca Raton. I must say that the Ritz Carlton in Balm beach is a beautiful resort property and that the morning sunrise over the Atlantic Ocean definitely has it’s appeal but Palm Beach and Boca Raton as well as the areas directly around the Ritz pale in comparison to Sarasota. (We asked the concierge for a good local breakfast establishment and we were directed to an IHOP.) Having spent most of my life in Sarasota we have taken it for granted but the more I travel and see other parts around Florida I can see why so many of my clients have chosen Sarasota. The Ritz in Sarasota offers many amenities and access to entertainment options that are not available at The Ritz in Palm Beach. There are no condominiums available at Ritz in Palm Beach such as we have here in Sarasota. We also found that the level of service is better in Sarasota.
Sarasota Condominiums Price per Sq Foot
June 19, 2008
This morning I was talking real estate with someone who asked, “Is there a rule of thumb for price per square foot for Sarasota’s downtown condos?” To answer the question let’s explore the price per square foot for some of downtown Sarasota’s newer condominiums. The first price given for each below is the average price of listed condominiums and the second number represents the average sales price of units sold within the past twelve months.
- Ritz Carlton Residences $775.70 / $763.59
- Ritz Carlton Tower Residences $678.42 / $689.56
- Condo on the Bay $301.00 / $368.38
- Beau Ciel $606.43 / $584.25
- Alinari $418.32 / $373.73
- Renaissance $413.97 / $378.45
- Plaza at Five Points $768.60 / $603.67
- 1350 Main $464.68 / $487.86
- 100 Central $418.98 / $431.09
If we were to average the selling price of those units sold over the past year in each of these locations the number would be $520 per square foot. Of course these numbers are all averages based on each building. With each building the price per square foot will vary based on each units view and location with the building. Penthouses will always command a higher dollar per square foot. Visit www.sarasotacondominiums.com to request specific availability and price information for any of the above buildings.
Sarasota Opera House
June 11, 2008
Of all Sarasota’s cultural assets, the Opera House truly encompasses downtown Sarasota’s historic and artistic flavor. After a year long, $20 million dollar renovation, the Opera House reopened in February of this year. The project, being donor-funded, was greatly patron supported to keep up Sarasota’s reputation as a fine arts community. The theatre’s 2008 productions include Verdi’s most popular works Rigoletto and I due Foscari, Puccini’s La Rodine, and Mozart’s delicious comedy Cosi fan tutte. Before you hit the box office, take some time to indulge in downtown Sarasota’s Bijou Cafe, Jolly’s Expresso Bar, or Zak’s Steakhouse which are all located right by the House. The Opera House’s convenient proximity and tasteful qualities are just added bonuses to any prospective resident of the downtown area. Just when we thought it wasn’t possible, Sarasota living just got even better.
For more information visit www.sarasotaopera.org
1350 Main, Sarasota Condominium
April 12, 2008
The downtown Sarasota lifestyle just keeps getting better. There is always something going on in our vibrant downtown as illustrated by the Sarasota Film Festival which being attended by 40,000+ people. Brooks Brothers, Hyde Park Steakhouse and Sur La Table are just a few of the newest businesses in Downtown Sarasota. One of the newest, most desirable and best located condominiums in the downtown area is 1350 Main. It is located on the corner of Main and Palm which is an italic place to take in the many fine restaurants, galleries, and theaters in that part of downtown. Marina Jack, the bayfront park, the Sarasota Opera House, Selby Library, Florida Studio Theater and Burns Court Cinemas are all just a very short stroll from 1350 Main.
All 135 units at 1350 Main were sold in just 90 minutes at pre-construction. Today there are 25 unit for resale at an average price of $758,688 or $467 per square foot. Prices range from $370 to $1899,000. In the past twelve months 21 units have sold at 1350 Main. Amenities include concierge, valet parking, resort style pool, fitness center, business center, numerous common area meeting rooms, and a guest suite.
Hyde Park Steakhouse Sarasota
March 18, 2008
In addition the Ruth’s Chris and Fleming’s, Sarasota steak lovers has another fine steak house to savor. Hyde Park Prime Steakhouse celebrated it’s grand opening today in Downtown Sarasota. The new restaurant is located at 35 South Lemon. It is a welcome addition to downtown’s growing numbers of fine dining and shopping establishments. For more information visit www.hydeparkrestaurants.com.
Brooks Brothers Downtown Sarasota
March 14, 2008
I had the pleasure of visiting the new Brooks Brothers in Downtown Sarasota on Main Street. Sales Associate Susan Seay told me that sales have been very good since the store opened in November. I noticed that this store is different than any other Brooks Brothers Store that I have seen. The Sarasota Brooks Brothers is a new concept for the clothier. It is a Country Club store which features casually elegant clothing suitable for Sarasota’s country and yacht club lifestyles. This new store located at 1500 Main Street is a fine addition to the growing number of luxury retail establishments that have been setting up shop in Sarasota’s vibrant downtown district. The store hours are 10:00 AM to 7:00 PM Monday through Satuday and 12:00 PM to 5:00 PM on Sundays.
Downtown Sarasota Developments
March 3, 2008
The slower real estate market of the past two years has caused many developers to reconsider or revise their plans for downtown condominiums in Sarasota. Despite delays and postponed start dates, most developers remain bullish on the Sarasota market as are so many high end retailers moving into the area. Condominiums currently on hold, pending procurement of financing or redesign include:
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1289 North Palm – 140 room hotel planned and 150 condos postponed.
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Atrium - Request for extension on approval denied. Developer will redesign.
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Avalon – To be redesigned with hotel and fewer condominium units.
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Bank of America Building - To be redesigned with fewer than original 168 units.
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City Place at Pineapple Square – Start delayed pending successful pre-sales.
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DeMarcay - Restaurant and 39 units expected to begin in summer.
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Devenshire Park - Construction will begin when homes are sold.
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Grand Sarasotan - This 17 story project was granted an extension.
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Marquee on the Bay – Three more pre-sales required to obtain financing.
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One Palm - A hotel is now being planned in it’s place.
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Sarasota Bayside – $1 billion in in proposed development delayed untill market improves.
Visit www.sarasotacondominiums.com for more information.
Citrus Square
February 1, 2008
Work has begun on the foundations of Citrus Square in downtown Sarasota. This new development, the first to start construction in downtown in the last two years will be located on North Orange Avenue between 4th Street and Boulevard of the Arts. Citrus Square will feature ground-level retail shops and restaurants, outdoor cafes, green spaces and an open plaza. There will also be two levels of boutique-style condominiums priced from the mid-$200,000s to the $500,000s. The condominiums will be built above the retail spaces. Phase I of Citrus Square is slated for completion in 2008.
Click here to request more information about Citrus Square.
