Posts Tagged ‘Sarasota’

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Sarasota Real Estate Investing

November 16, 2009
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Sarasota Home Prices Up 5%

November 12, 2009

I have always said that when there is a recession Sarasota is among the last to experience it and among the first to recover.  The National Association of Realtors indicated that homes prices have fallen in 8 of 10 cities in the US in the third quarter.  At $185,200, the median home price in the Sarasota-Bradenton area is up 5.3% from the second quarter of this year.  Total home sales in Sarasota-Bradenton for the third quarter of this year  topped 2,314 which was about the same as in Q2 but up 32 percent from last year.    The Today Show named Sarasota the number one place to buy and it looks like now is the time to buy.  Visit www.todayshowsarasota.com for more information.

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Ten Million Dollar Home in Sarasota

October 26, 2009

Wondering what kind of home you can buy in Sarasota for $10,000,000?  If so, you can click here to view a virtual tour a home that was just listed by another Sarasota broker. This waterfront home is located Lido Key’s prestigious Westway Drive.

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Today Show, Sarasota is Best Place to Buy Real Estate

October 6, 2009

The Today Show just aired a segment on Real Estate naming Sarasota as the number one place in the country to buy real estate.  Our beautiful beaches were mentioned and  Sarasota was described as “a sophisticated city, an urban city with all the things that sophisticated people like to find.”  They also stated that the median home price in Sarasota is $175,800 which is own 34% from last year and that there has been a 13% increase in property values since last quarter indicating that the market has bottomed and is increasing again.  If you are a sophisticated person, Sarasota is the place for you and now is the time to buy!  The market has turned around.  Visit www.todayshowsarasota.com to see the video.

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Heritage Oaks Condominium – Pending

September 4, 2009

Today one of our listings at Heritage Oaks Golf & Country Club went under contract. The cash buyer comes from the U.K.  and as with all of our European clients we will monitor the exchange rates to help them determine the best time to transfer funds to complete the transaction. The exchange rate was at 1.64 this afternoon. Golf condominiums like this are excellent choices for Europeans that holiday in the summer as they can rent the properties for peak winter season rates to Americans and enjoy the off season time for their traditional summer holiday.  You can click here to see details about this property.

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Sarasota Boating

July 15, 2009

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Sarasota is a fantastic place to enjoy boating. Sarasota has 36 miles of beaches and numerous inlets and islands to explore. While there are many boat ramps and launch sites throughout the county, serious boaters will want a more permanent home for their vessel. Of course owning a home or condominium directly on the water is the most obvious choice but their are many alternatives including numerous marinas with dry storage, yacht clubs, leased or owned boat slips, dockuminiums or rackuminiums.

The most visible of these is Marina Jack’s which is located at the center of Sarasota’s downtown bay front.  This marina offers many amenities and a great location.  Prices for boat slips start at $14.50 per foot per month.  If you have a boat of at least 35 feet and are looking for resort amenities in addition to a boat slip you should consider the Longboat Key Club Moorings.  Boat slips are individually owned a the Moorings but leased slips are available for $20 per foot  per month.  Their is an additional charge of $100 per months that provide for full use of the amenities of the Longboat Key Club Resort.  Yacht Clubs such as the Bird Key Yacth Club and the Sarasota Yacht Club are another alternative which also feature resort amenities.  New additions to the boating scene in Sarasota are facilities like the Phillipi Harbor Club which offer dry storage in an enclosed building.  These rack spaces are called rackuminiums.  Prices start at $50,000.  

Here are just a few of the boating facilities here in Sarasota:

  • Marina Jack’s 941-955-9488
  • Siesta Key Marina 941-349-1970
  • Sarabay Marina 941-349-1970
  • Bird Key Yacht Club 941-955-2406
  • Phillipi Harbor Club 941-925-3214
  • Cannons Marina 941-383-1311
  • Longboat Key Club Moorings 941-383-8383
  • Midnight Pass Marina 941-349-9449
  • Sarasota Yacht Club 941-952-9451
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Tortuga Siesta Key

June 3, 2009

Recently I had the pleasure of spending some time with past clients, Mr. & Mrs. Dabagian.  They purchased their beautiful penthouse at Tortuga condominiums on Siesta Key about 11 years ago.  They had much to say about their satisfaction with their island home and the Sarasota lifestyle.