Back in January I wrote about a nice one bedroom condo at Bay Tree on Siesta Key that had been foreclosed and was available for only $175,000. That was a great deal so it was not surprising that it was purchased by one of the readers of this blog. Now that the deal has closed and the condo has undergone some interior upgrades it is available for rent on an annual basis for only $900.00 per month. This rental is in a beach-to-bay condominium so it offers direct beach access as well as direct bay access and a boat dock. If the Siesta Key lifestyle is for you, give us a call at 941-650-4626.
Archive for the ‘Sarasota Rentals’ Category
Palmer Ranch Condos Online
September 4, 2009We recently uploaded our newest website to the internet. The new site, www.palmerranchcondominiums.com has already garnered top placement on Google for various searches related to sales and rentals of condos on Palmer Ranch. The new site is generating many leads so we are in need of condo properties to manage in Palmer Ranch. If you have a property in Palmer Ranch that you need leased give us a call at 941-650-4626 or for more information visit:
Serenade Rental
August 19, 2009We have just listed a nice two bedroom condo at Serenade on Palmer Ranch. This condominium has a nice preserve view and is available for $900 per month. Amenities include pool, club house, fitness center, two pools and more. More information is available at:
Serenade Rental
July 17, 2009
Beginning August 1st, we will have a nice two bedroom two bath condo at Serenade on Palmer Ranch available for annual lease. This condo features a spacious screened patio and washer & dryer. Serenade on Palmer Ranch has many amenities including a gated entry, two pools, tennis courts, fitness center and club house. This rental is available for $900.00 monthly.
Annual Beachfront Rental on Longboat Key
March 26, 2009
A few weeks ago this condo was the best deal available for purchase on Longboat Key. One of my clients just purchased and closed on this fantastic beachfront condo and now intends to rent it out on an annual basis. This wonderful one bedroom condominium is directly on the beach on Longboat Key at Longboat Harbour Tower. It has amazing views of the beach and the Gulf of Mexico. The view can be seen in the video above. This unfurnished rental has a newly updated kitchen, new carpet and fresh paint. Longboat Harbour Tower has many amenities including a pool. Available April 1st at $1,400 per month. Call 941-650-4626 for more information.
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.
Siesta Key Vacation Rental
November 12, 2008
Available winter 2008. This beautifully updated one bedroom Gulf view unit at Tortuga is ready for you this winter. Tortuga is a wonderfully quite and peaceful location on the southern end of Siesta Key. This condominium unit is updated with crown moldings, porcelain tile, new furniture, granite counter tops, new wood cabintes and stainless steel appliances. You will love the view of the Gulf of Mexico, private and heated pool. Click here for more pictures and informtion request.
Laguna at Riviera Dunes
February 26, 2008Laguna at Riviera Dunes is a new condominium directly across the Manatee River from downtown Bradenton. Many of the spacious units there have excellent views of the Manatee River and the deep water yacht basin. Condominium homes there range in size from 1,700 to 4,300 square feet. There are five floor plans available each including 9 foot 3 inch ceilings in living areas, granite counter kitchen counter-tops, private balconies and under-building parking. Other amenities include tennis courts, clubhouse with catering kitchen for entertaining, fitness center and pool overlooking the boat basin. Currenlty there are four completed buildings each with 42 units. The deep water boat basin will accommodate vessels of up to 110 feet in length. Remaining slips are currenlty availble in 45 foot and 55 foot lengths.
The five floor plans include the:
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Azul, 1,839 sq ft, priced $399,000 – $522,000
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Bellisima, 1,905 sq ft, priced $457,000 – $536,000
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Costera, 2,409 sq ft, priced $580,000 – $640,000
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Del Sol, 3,974 sq ft, priced $1,101,000 – $1,200,000
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Encantada, 4,993 sq ft, priced $1,300,000 – $1,485,000
Palmer Ranch Condominiums, Serenade
October 22, 2007Serenade on Palmer Ranch is a nice condominiums in a very convenient location. Residents will enjoy the many new shopping centers close bay and easy access to I 75 and the beaches of Siesta Key. Amenities include tennis, fitness center, gated entry, club house and two pools. Give us a call at 941-650-4626 for sales and leasing.
Sarasota Rentals
June 20, 2007
Last week I leased a 3 bedroom 2 bath condominium unit at 100 Central for $3,000 per month and a 2 bedroom 1 bath unit at Admirals Walk for $875,000. Last month I leased a Ritz Carlton Beach Residence on Lido Key for 2 years at the monthly price $13,750 and a 3 bedroom unit at Rivo on Ringling for $1,900 per month. I have recently earned the designation of Certified Property Management Specialist from the Land Lord Academy. I recieve many rental inquiries each week and need more rental properties. If you are interested in finding a tenant for your rental property please contact me at 941-650-4626.
Sarasota, FL Tourism & Rentals
December 18, 2006The Sarasota County Commissioners and the Sarasota City government have reached agreement to raise the current 3% tax on short term vacation rentals in Sarasota to 4%. The increase is expected to bring in an additional $1.2 million per year which will be used to increase tourism marketing and to pay down the $54 million bond posted for the new baseball spring training facility & stadium. The economic impact of the new statdium has been estimated to be in the area of $100 million annually.
For Sale or Rent at Rivo in Sarasota
December 17, 2006
Now that the new Rivo building in downtown Sarasota is completed, the are various units for sale and some opportunities to rent. I have recently listed a 2 bedroom unit with a den on the Penthouse level for sale at $549,000. This same unit is available for annual rental at $2,200 per month. For more information about purchase click here and for rental click here. For general information about Rivo @ Ringling in Sarasota, click here.
Palm Bay Club Update
October 20, 2006
If you are looking a beachfront condominium on Siesta Key and want to have great rental income and the ability to make personal use of the condominium, one of the best choices is Palm Bay Club. The grounds are impeccably maintained and the on-site rental office does a great job. Many of the beachfront units there enjoy short term rental incomes in excess of $60,000. Currently there are 24 units available for purchase at Palm Bay Club. The average price is $839,842 and the average price per square foot is $883. These have been on the market for an average of 132 days.
During the last 9 months 4 units have sold at Palm Bay Club. The sale prices were $1,450,000 for a 1062 square foot 2 bedroom direct gulf front, $1,400,000 for a similar unit on the northwest corner of the tower building, $715,000 for a 2 bedroom in the Clubside section and $655,000 a 2 bedroom bayside unit. The average price of units sold was $1,055,000 and the average price per square foot was $1,064. A large picture gallery of Palm Bay Club is available at www.palmbayclubcondominiums.com
Vacation Rentals & Second Homes
September 19, 2006Here is a quote by columnist Broderick Perkins:
“After three years of upward growth, domestic tourism hit a slump this year and while scattered reports indicate the vacation home rental sector may be faring much better, the sector is rolling out winter marketing strategies early, indicating all is not as well as it could be. Along with the slower growth in domestic tourism, there is also a greater than ever number of vacation home rentals to fill and that means gravy may be harder to ladle this fall and winter, if only in select areas, experts say.”
If you have a second home and are interested in vacation rentals, I can help. Get your vacation home listed on www.accommodationsofsarasota.com for free. Contact me at 941-650-4626 for more information.
Condominium Rentals
September 3, 2006There are more than 500 unfurnished apartments available for rent in the Sarasota Multiple Listing System. During the past six months 334 have been rented indicating almost nine-month supply of rentals. Nearly 70 percent of all empty condos on the MLS are leasing in the $1,000 to $2,000 range, while only 20 percent are leasing for less than $1,000.
The Rental Market
August 6, 2006
In Sarasota County the average occupancy of apartment complexes decreased from 98 percent last year to 90 this year while during the same time the average rents have increased to $989 per month from $825 per month last year. The nearly 2o% increase in rent rates may reflect an increasing number of investors in the market looking to cover their increasing cost in carrying their properties. In the past few years there have been a trend in which we have seen many apartments converted into condominiums which contributed to a shortage of rental properties. We are now seeing a market increase in condominium units for sale. As these investors are finding that flipping these investment properties is more difficult than expected they are returning these properties to the rental market an increasing their rents to match cover the cost of debt service, insurance and taxes. Right now there is a 6 month supply of annual rentals in the condominium market. If you are interested in renting your investment property give me a call at 941-650-4626 or email me at perrycorneau@remax.net. If you are interestedin an annual rental visit www.sarasotarentalproperties.com.
Rental Market Much Improved
February 1, 2006
In the past few years the market for annual leases has been flat as many first time home buyers have taken advantage of low interest rates and interest only mortgages to purchase homes or condominiums rather than rent. The recent rise in interest rates has spurred improvement in leasing rates. The recent trend in condominium conversions has also caused improvement in the leasing market as many would be tenants have been displaced.
This week I have leased a two bedroom one bath condominium in Admirals Walk Condominium after only a week. I had many inquiries through my website and had three parties willing to lease the condominium. I have also had great success in renting a condominium at Villagio after only one day.
I believe now is a good time to consider income properties to be held for long term gain rather than quick profits from “flipping”. Over the long term real estate is sure to continue to be a very good investment. I offer long term leasing services through my website at www.sarasotarentalproperties.com and vacation rentals through www.accommodationsofsarasota.com
