Sarasota Real Estate News

The Mark, Sarasota
  
Sarasota's downtown real estate is HOT!  
In the past six months, 198 downtown properties sold, 81 are under contract, and 253 are on the market today from $110,000 to $4 million. 

The newest downtown Sarasota pre-construction landmark is The Mark at 1400 State Street, one block south of Main Street.  This community boasts of 157 residences with modern, sleek design, extended terraces, retail shops, underground parking, and 24-hour concierge service. The Mark is pet friendly (no weight limit!) priced from $699,000.  Walk to art galleries and Sarasota’s best restaurants:  Buy in July and your first year’s association dues are free!  

The Herald Tribune’s 2017 Readers’ Choice winners for downtown Sarasota restaurants are:

American:  Made Restaurant (Modern American Delicious Eats) 1990 Main St. 

Chinese Restaurant:  P.F. Chang’s, 766 S. Osprey Ave. 

Early Bird Dinner:  Libby’s Café and Bar, 1917 S. Osprey Ave. 

Greek:  El Greco Mediterranean Café, 1592 Main St. 

Martini:  Hyde Park Prime Steakhouse, 35 S. Lemon. 

Outdoor Dining:  C’est La Vie, 1553 Main St. 

Restaurant with View: Marina Jack, 2 Marina Plaza. 

Seafood: Duval’s, 1435 Main St. 

New Restaurant: Boca Kitchen Bar & Market, 19 S. Lemon St. 

You can WALK to all of these fabulous restaurants from The Mark.

Have a great week, please don’t text and drive, and call me at 941-914-4914 if I can answer any questions about Sarasota real estate.  Visit my website at LindaHrealtor.com for helpful information about buying or selling real estate, and see my previous blog posts at LindaHrealtor.com/blog.  Facebook: LindaHolleyLLC

Most sincerely yours,

Linda Holley, Realtor, GRI

Posted by Linda Holley on July 16th, 2017 10:05 AM

 JUST SOLD

1080 West Peppertree, Siesta Key condo, Peppertree Bay condominiums, 2 bedrooms 2 baths, gulf-side condo, $420,000, turnkey furnished. 

3040 Grand Bay, Longboat Key condo, 3 bedrooms 3 baths, condo on Intercoastal, $700,000, partially furnished, great view of Sarasota Bay.  Buyer’s backup contract was accepted!   

 

Home Buying Statistics: 

Eight percent of home buyers are from the Silent Generation (ages 71-91).   
Nine percent of first-time buyers financed their purchase with a VA loan. 

Buyers Look for Smart Homes. 

Consumers are looking for high tech Smart Homes today.  Target has an Open House in San Francisco featuring Smart Home products.  For example, smart lamps connect to a phone app so you can adjust the lighting remotely from your phone.  Attach a device to baby’s pajamas and when he/she starts crying, the light and coffee pot turn on! 

Despite warnings (and more warnings), people continue to text, browse, and chat while driving.  Several new apps will lock the phone when moving and some will give cash back if the phone is left alone.

 

Linda’s List – Homes on my list are updated.  Please call Linda Holley, Realtor, 941-914-4914 for more information; to see photos, go to LindaHrealtor.com and enter the MLS number in the home search field.

 5302 Cape Leyte Drive, Siesta Key, Siesta Isles subdivision, 2 bedrooms 2 baths, garage, many updates, walk to Siesta Beach, large lot, price reduced to $619k.  MLS # 4180498. 

 5408 Eagles Point Circle, Sarasota 2 bedrooms 2 baths $399,000,  

Bayview Homes I.  MLS# A4182828.    

 1451 Rebecca Lane, Sarasota, 4 bedrooms, 5 baths, $2.6 Million,

Oyster Bay Landings   MLS# 4180745. 

 

More Homes Sold in Sarasota County in March 2017 in these areas:  Venice, Florida home sales have exploded!

 Baytown Square, Sarasota, Townhomes $200’s, zip code 34240. 

Caribbean Village, Venice, Single Family $300’s zip code 34292 (new homes). 

Heron Creek, North Port, Single Family $200’s zip code 34287. 

Islandwalk, Venice, Single Family $200-$300’s zip code 34293 (new homes). 

Lake Sarasota, east Sarasota, Single Family $200’s zip code 34241. 

Pelican Cove, South Sarasota, Condos, $200-$300’s zip code 34231. 

South Gate, Central Sarasota, Single Family, $200’s, zip code 34239. 

South Venice, Single Family $200’s zip code 34293. 

Stoneybrook at Venice, Single Family $300’s, zip code 34292. 

Venice Golf and River Club, Venice, Single Family $200-$400’s, zip code 34275. 

Venice Gardens, Single Family $200’s, zip code 34293. 

Going to a new home community to see their inventory?  It's important to take me with you, otherwise I can't help you through the home-buying process.  Sometimes Buyers need to terminate contracts and don't know how or when it's time to pull out of a real estate transaction for both new homes and resales.  It costs you nothing to have a real estate professional on YOUR side at all times when you are looking for a home.

Let Linda Holley answer your Sarasota and Venice real estate questions – call 941-914-4914.  Check www.LindaHrealtor.com for a mortgage calculator and more information about buying and selling your home.

 

Most sincerely yours,

Linda

Posted by Linda Holley on April 10th, 2017 8:52 AM
In the news today!  See Forbes Magazine's article "Why Sarasota is a Hidden Travel Gem," cites our fabulous restaurants, beaches, the arts, shopping, and our history of the Circus Capital of the World.  Here' the article that features Sarasota, Florida.  

http://www.forbes.com/sites/forbestravelguide/2016/09/09/why-sarasota-florida-is-a-hidden-travel-gem/#259c100c31ba

Those who stay at the Ritz Carlton downtown catch a shuttle to Lido Key's private Beach Club just 3 miles away.  Lido Beach is no match for Siesta Key's sugary white sandy beach, but the Beach Club is enjoyed by those who prefer a quieter and more private beach.  Also highlighted in the Forbes Magazine article was the Ringling campus, Ringling Circus Museum, the Ringling Art Museum that recently featured a new center for Asian Art last spring; Marie Selby Botanical Gardens--the most beautiful gardens by the bay that you can imagine--with orchids and bromelaids; St Armands Circle with more than 125 fabulous shops as well as fine dining.  Downtown dining: Nancy's southern Bar-B-Que was mentioned by Forbes.

Downtown Sarasota real estate:  there are currently 45 new condos on the market from $385,000 (Courtyard at Citrus, 505 N. Orange Avenue) for a one bedroom, one bath; The Mark at 1400 State Street, listed by Michael Saunders and Company, has two- and three-bedroom condos  from $769,000.  The best you can do at The Vue Sarasota Bay is a 3 bedroom for $1,499,000.   Those who love "The Ritz," amenities are buying at the Grande at Ritz Carlton Residences from $1,900,000.  

The latest sale for a Sarasota downtown condo was a one-bedroom, two-bath at Dolphin Towers, 101 S. Gulfstream Avenue, for $230,000 and  Park Residences on Lido Key sold five condos recently from $1,409,000.  

But there are twelve condos under $500,000 in downtown Sarasota on the market today that are going to sell quickly when our winter residents start coming to town next month.  Don't wait!  The word is out, Sarasota, Florida IS a hidden treasure for tourists, beach lovers, and families who relocate here to raise their children in a small town convenient to all sporting facilities for our youth.

Today, I'm working with three young families with children who have recently relocated to Sarasota for a lifestyle change.  I can tell you where the best schools are in Sarasota County, both public and private.  Here to help you with your Sarasota real estate needs!  Have a great week!

Most sincerely yours,

Linda Holley
Realtor, GRI
Phone 941-914-4914

Posted by Linda Holley on September 13th, 2016 8:04 AM
OPEN HOUSE TODAY 7467 Botanica Pkwy .. October 25, from 1-4, in Botanica subdivision of Palmer Ranch, Sarasota, FL zip code 34238.  This is a gated community with just 168 carriage style homes, all maintenance free.  This Cedar model is a ground floor 2BR 2BA with a garage and lake view for only $289,000.  

Botanica is just minutes away from Siesta Key beach, Nokomis Beach, Legacy Trail for biking, wonderful restaurants, and Sarasota Square Mall.  

You'll feel at home the moment you enter the private gates of Botanica. This small resort style maintenance free community has it all lush landscaping, a 4,000 square foot clubhouse, two heated pools, fitness center and is located in convenient and beautiful Palmer Ranch. . The interior offers volume ceilings, crown molding, tile on the diagonal throughout the main living areas, large kitchen with breakfast bar, breakfast nook, separate dining room, and so much more. 

Please stop in or call me at 941-914-4914 if you have questions.  

Most sincerely yours,
Linda Holley, Realtor, GRI
Michael Saunders & Company
www.PalmerRanchLindaHolley.com
Posted by Linda Holley on October 25th, 2015 9:47 AM
JUST LISTED, 3BR 3BA condo off Beneva Road in Pinetree Village for $185,000, near Siesta Key Beach and Palmer Ranch.   Go to www.PalmerRanchLindaHolley.com  and enter A4131716 to search for this property.  Call me and I'll set up a showing  
941-914-4914   Linda Holley
Posted by Linda Holley on September 10th, 2015 9:14 AM

It has been my experience that often there is a "love-hate" relationship between Buyers and Sellers in a real estate transaction.  It starts in the negotiation process, through the inspection period, all the way to the closing table--and sometimes afterwards.  Legal battles are costly, and you are better off buying a Florida Lottery ticket rather than depending on the civil courts to handle your complaint quickly and to your satisfaction. 

Realtors are trained to assist Buyers and Sellers by staying on top of the deadlines specified in the contract.  Buyers and Sellers can be in default, and that's why it's important to find an experienced real estate brokerage to assist you.  If you think you may buy a home "For Sale by Owner," (FSBO), it may be in your best interest to notify your realtor and let him or her assist; if you do it in the beginning, you can get assistance and the Seller will pay the 3% commission.   IKnow when you can terminate your contract and get your deposit back, and missing the mark by a day can cost you thousands of dollars if you need to get out of the deal.

There are many horror stories about Buyers not getting the deed restrictions, not receiving or reading the condo docs, being outside the timeframe of inspection, seller deflecting responsibilities about repairs, rental and pet restrictions, special assessments, and the overall reputation of the builder or community.  Also, some real estate brokers--even in this town--don't carry Errors and Omissions insurance to protect their agents.  If your realtor drops the ball, do they have a broker who will back them up or shrug their shoulders and walk away?

In Florida, there are 5,000 applications each month for new realtors and brokers.  About half don't pass the test, but those who do are depending on their brokers and other realtors to know the laws and help them through their transactions.  Don't become a casualty, get the right help in the beginning.

Have a great day!

Linda

Posted by Linda Holley on April 19th, 2015 10:01 AM
Mira Lago in Palmer Ranch, on Sarasota, Florida's gulf coast and 10 minutes from Siesta Key beach, consists of 182 single family maintenance-free homes, condos, and villas built in the 1990's.  Average size: 2,000 sq ft., many have lake views.  Average home sales are $285,000 for past six months.  Today, two homes are on the market starting at $330,000 and two pending sales.  For information about homes in Mira Lago or homes in Palmer Ranch, contact Linda Holley, Realtor, Michael Saunders and Company, 8660 South Tamiami Trail, Sarasota, FL 34238, 941-914-4914, email: LindaHrealtor@gmail.com  Search for homes at PalmerRanchLindaHolley.com
Posted by Linda Holley on January 15th, 2015 10:51 PM

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