Posts Tagged ‘Condos’

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Stoneybrook Condominiums

December 7, 2009

Stoneybrook on Palmer Ranch is an excellent choice for investment and enjoyment.  As one of Sarasota’s most affordable gated country club communities it is made even more desirable by it’s close proximity to the beaches of Siesta Key.  Sarasota Square mall is also very close by.  The clubs amenities include restaurant, pools, fitness center tennis and many social activities.  Currently there are 42 condominiums for sale ranging in price from $169,900 to $335,000.  The average price is $236,811.  Because of the amenities, transferable golf memberships and proximity to the beach these condominiums are readily rented for the winter season.  This year 18 condos were sold in Stoneybrook at an average selling price of $239,550.  On average the properties sold garnered 92% of their sales price.  For more details about the available properties, click here.

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Foreign Investment in Florida.

November 25, 2009

“As part of our global asset allocation, we are targeting Florida as one of the areas with the most potential to recover value on the residential side,” said Shlomo Cohen,  vice president of real estate for Dizengoff-Trading Group which just completed the purchase of 115 condo units in Palm Beach.  The same Isreali based company completed the purchase of 118 condos in Jensen Beach in September.

The weak dollar and market which by many accounts has reached bottom is fueling a flurry of investment is Florida.  I see many great deals here in our Sarasota/Bradenton market and are working on many purchases with foreign investors.  Now is the time to back into the market.

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Sarasota Real Estate Investing

November 16, 2009
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The Moorings Sales Update

November 7, 2009

The Moorings at Edgewater in Lakewood Ranch is a very unique property. Being located on the lake right next to Main Street Lakewood Ranch makes this community both scenic and convenient. This gated community provide a luxury lifestyle that many will find enviable. Currenlty there are 11 townhouses for sale ranging in price from $264,900 to $699,000. So far this year 5 units have sold.

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Siesta Key Condos

October 30, 2009

Currently on Siesta Key there are 374 condominiums for sale at an average price of $650,498. The highest price is a 4 bedroom 4 bath condo/townhouse unit at Waters Edge that is listed for $2,799,000. The lowest price condo is an efficiency unit at the Hyatt Siesta Beach, a fractional ownership resort which is listed for only $135,700.

So far this year 157 condominiums have been sold at the average price of $529,462. The highest priced sale closed at the selling price of $3,150,000. It was a 4 bedroom condo at Seagrove that was listed for $4,250,000. The lowest priced sale was $140,553 for a foreclosure unit at Bay Oaks.

At this time on Siesta Key there are 42 pending condominium transactions.  The average priced listing under contract on Siesta Key is $439,952.  Condominium sales on average are closing at 88.5% of their listed price.  There are some nice deals on Siesta Key right now so give us a call at 941-650-4626 or visit www.siestakeycondominiums.com for details about each condominium property.

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Siesta Key Annual Rental, New Low Price

October 21, 2009

We have a great rental on Siesta Key with a boat dock, private beach, two pools and a beach cabana. Close to restaurants and marina. At $780 per month this one bedroom condo is a great deal. Cable television and water utilities included. Tenant only pays electric. Available for immediate move in. If not rented soon the condo will be furnished and rented seasonly.  Click here or call 941-650-4626 for details.

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Foreclosures at Arielle on Palmer Ranch

October 20, 2009

Right now the are two very nice deals on foreclosures at Arielle on Palmer Ranch. This is a very nice gated luxury condominium community. Click here to view the details about these bank owned properties. Visit our website www.palmerranchcondominiums.com/arielle for more information about the community or visit www.bankownedpropertydeals.com to get daily updates about other foreclosure as they come to market.  If would rather try before you buy, we have a great rental opportunity at Arielle.  It is a furnished three bedroom unit with lake view and two car garage available for $1,700 per month.  Call 941-650-4626 for more information.  Click here to view the rental.