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Hammocks Real Estate Update

January 12, 2009

The Hammocks is a nice gated neighborhood located east of I75 along Bee Ridge Road. It is one of those neighborhoods that will directly benefit from the construction of the new Publix grocery store soon to open at the corner of Bee Ridge and Iona Roads. Currently there are 11 homes available in the Hammocks ranging in price from $465,000 to $799,000. The average size of homes in this neighborhood is 3,036 square feet. During the last 12 months 4 homes were sold in the Hammocks. The lowest priced homes was $495,000 and the highest priced sale was $560,000. Additionally, there is 1 pending sale at the Hammocks. It is a home that was available for $649,900. Most of the lots at the Hammocks are preserve lots that face natural habitat. One nice feature in the community is an jogging trail that runs throughout with workout stations along the way.

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