Posts Tagged ‘Sarasota 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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Declining Dollar Draws Foreign Investors

December 2, 2009

MSNBC recently quoted Arthur Wong who runs a Canadian based U.S. Real Estate fund as saying, “This could be a once-in-a-generation opportunity for real estate investment.” The artilce went on to state that Buyers from countries like Brazil, France, and the Netherlands with strong currencies are spending millions on condominiums in Florida, New York and Las Vegas.

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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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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.

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Two Bedroom on Longboat under $150,000

October 7, 2009

You might be surprised to know that you can buy a two bedroom condominium on Longboat Key for the price you would expect to pay for a condo on the mainland. Currently there is a two bedroom condominium on Longboat Key located directly across from the beach that is priced at only $145,000. If you are interested in finding the lowest priced properties in the most prestigious areas of Sarasota, give me a call at 941-650-4626.