Sarasota Real Estate News

Here's why I love Gulf and Bay Club, Siesta Key!

It's a 32 acre resort on Florida's gulf near the public beach on Siesta Key.  That's important to those of us who take morning walks and want the amenities on the pavilion (rest rooms, snack bar). 

There are many condos with fabulous gulf views.

I like the extra security with a gate guard who ensures that there is a purpose for visitors to gain access.  Each building is also secured - so if you don't have a "fob" you won't get in.

Starting soon, Gulf and Bay Club will put out their own beach chairs for use by their guests and owners.

A big part of Gulf and Bay is the tennis courts, which are being refurbished.

If you need more information about properties on the market, please let me know.  I'm at 941-914-4914.

Most sincerely yours,

Linda Holley, Realtor, GRI, Michel Saunders & Co.

Posted by Linda Holley on October 4th, 2019 12:10 PM

Remembering our fallen heroes this Memorial Day weekend.  The downtown Sarasota Memorial Day parade is Monday beginning at 10:00 a.m. 

Boating is a $40 billion industry in the U.S., and Sarasota is a heart-throb community for boaters for many reasons!  We are not just a pretty face, Sarasota has it all.

Boaters’ destination.  There are more boatowners per capita in Sarasota County than anywhere else in the USA.  The past six months, 255 homes were sold in Sarasota County on canals or the Intracoastal Waterway.  People of all ages (not just retirees) are realizing their dreams here.  However, many make the mistake of choosing their waterfront dream home without asking the right questions.   It’s been my experience that many people buy in other areas a couple of hours away from here and then decide they would rather live here.  I meet them in Open Houses all of the time. 

Not only is LIFESTYLE important, but waterfront homes have other considerations: boat lifts, sea walls, permits, water depth, bridges, elevation, flood zone, and flood insurance.  Many condominium communities have marinas, and boat owners pay by the foot to use the marina.  At Harbor Towers on Siesta Key, the boat slip fees are $1 per foot per month.  Many people who don’t find the right waterfront home store their boats in commercial marinas, and there are many to choose from. 

If you are not a boater but it’s your dream to move to Florida and join the boating community, there is help for you. 

  1. The U.S. Coast Guard.  Take classes.

  2. Freedom Boat Club.  Pay a membership fee and fixed monthly amount, make a reservation, and take a boat out any time you desire.  You’ll pay for the gasoline and return it for someone else to clean and store. 

  3. Homework.  Naturally, waterfront properties are in flood zones, and your Realtor can find out if there is an elevation certificate for the home.   This certificate is associated with the National Flood Insurance Program (NFIP) which provides information on elevation, building type, flood map location and other helpful facts for homeowners.

  4. Conforming/Non-Conforming Properties.  Does the home comply with the FEMA and local policy about building and remodeling?  Get a professional opinion, don’t depend on your Realtor for this information.  We are the source of resources, not waterfront subject-matter experts.   

  5. Other Experts.  Jerimiah, Sales Consultant, Marine Max 941-388-4411, will come out and look at the boat lift, and tell you the size boat it will accommodate.  He will probably offer more advice about navigating around the waterways in this area if you have questions.

  6. Lifestyle:  It’s not all about floating your boat!  Choose your home in Florida near the amenities you love—whether it’s golf, performing arts, or shopping…Sarasota has it all.  If you love night life and great restaurants, and a wonderful beach, you can’t beat this wonderful city.

Canal home listed by Michael Saunders & Co: 627 Waterside Way, Siesta Key.  Great boating water on the Grand Canal, and one of the most beautiful streets on Siesta.  3 bedrooms, 2 baths, $895,000.  Photos below.

Funny story:  A couple of years ago, I was driving to join Freedom Boat Club and the song to The Titanic came on the radio.  I turned my car around and went back home.  My neighbors and family had tried to convince me I could not park a boat by myself, despite the Coast Guard and Freedom Boat Club training classes.  Can’t make this stuff up, this is something ladies should probably not try alone...

Thank you for reading my blog!  Please let me know if I can assist you with your real estate needs in Sarasota, Venice, or Siesta Key. 

Most sincerely yours,

Linda Holley, Realtor, GRI, Michael Saunders & Co. 941-914-4914

 

 627 Waterside Way, Siesta Key, Florida, listed by Michael Saunders & Co.

 

Posted by Linda Holley on May 22nd, 2019 9:32 AM
I'm finishing my book, Motion to Intervene, my own story about purchasing investment properties in a Rocky Mountain ski village during pre-construction--before I became a licensed Realtor.  This formed my career as a Realtor and it took four years of lawsuits to recover a small portion of the money I lost from the contractors and real estate brokerage.    This is a "buyer's beware" book, especially for new construction and a warning to consumers about working with reputable real estate professionals - and it's not all about the national brand! 
 
Anything that could have gone wrong at this project DID!  This town resented out-of-state investors--especially outsiders from "back East," who had driven up real estate prices, so I felt my claim was better in federal court.  One law firm wanted $20,000 to help me, so I represented myself.  

Motion to Intervene is about going home for Dad's funeral, and falling in love with a good-looking cowboy and family friend.  Six weeks later, Renee returned from Atlanta, and asked Charles to take her to the Rockies where her family camped and fished in the 1960's.  She noticed a sign "Condos for Sale," in the window of a nationally branded real estate brokerage,  When she saw the property, Renee was so impressed by the amazing mountain views--it was exactly what she remembered on family vacations--so she bought two shortly after groundbreaking.  The project was a joke around town, and no, I did not marry the cowboy.... :-)  I signed confidentiality agreements in my court settlements, so the location and names were changed in the book to protect me from being sued the rest of my life.  

I hope that Motion to Intervene will be ready for publication this fall.  In the meantime, my team mates and I are here to help you with your real estate needs in Sarasota and Siesta Key, Florida!   Please check out my testimonials at my website: www.LindaHrealtor.com and "Like" me on Facebook https://www.facebook.com/LindaHolleyLLC

Most sincerely yours,

Linda Holley, Realtor GRI
http://www.LindaHrealtor.com
941-914-4914
Posted by Linda Holley on July 9th, 2017 9:27 AM
Sarasota home sales Jan-May 2016 vs. Jan-May 2017: single family home sales are down this year and new condo sales have doubled.  Baytowne Square is a new community with 3 bedroom condos selling for approx $250,000, located off  I-75 and Bee Ridge Road east. **When you buy a new home, it costs you nothing to have your own real estate professional by your side from contract to inspection and closing.**

Dr. Beach has again recognized Siesta Beach as the "Best Beach in America." Why is the sand on Siesta Key beach the whitest and finest in the USA?  Because it's 99 percent pure quartz, very soft and cool on the feet. There are just a few miles on Siesta that can boast of this beautiful soft sand.  Nothing in the USA can compare with the beautiful sand on Siesta Key.

Linda's List:
Just Listed - Siesta Key, 5770 Midnight Pass Road #702. near public beach, Gulf and Bay gulf-side, gulf view, 2 bedroom condo, beautiful renovation, furnished, 1,435 square feet, $838,000.  Rental policy: 1 month minimum.

Just Listed - Palmer Ranch, 7468 Botanica Parkway, Botanica, maintenance-free condo with view of preserve, 1,621 square feet ground floor with one-car garage just $275,000.  Purchased in 2005 for $420,000.  Rental policy: 3 month minimum.

4402 Garcia Avenue, Fairland Estates, 3 bedroom pool home with two car garage, $299,000.  

Ready to help you with your Sarasota real estate needs.  Visit my home page at www.LindaHrealtor.com for helpful real estate information and a mortgage calculator.  

Facebook:  LindaHolleyLLC

Most sincerely yours,

Linda Holley
Realtor, GRI

Posted by Linda Holley on June 9th, 2017 11:12 PM
Good morning!

Today I want to talk about buying beach properties and Seller's Disclosures.

Real Estate Investors use "Cap Rate" analysis which is a percentage of the rental income divided by the purchase price.  Use that percentage to compare properties and optimize your investment.  

Please visit me at my Open House today on Siesta Key at the gulf-side Excelsior Beach to Bay, 6266 Midnight Pass Road #404, Sarasota, from 1-4 p.m..  This 2 BR  2BA condo is 1263 sq ft and listed at $799,000.  Concrete construction, Excelsior is one of the newer communities on Siesta Beach, built in 1980.  It is pet friendly, and has a two-week minimum rental policy.  This condo was purchased in 2002 for $480,000.  Excelsior Beach to Bay has private beach access, washers and dryers, fishing pier, fitness center, and the fees are just over $600 per month, which is normal for Siesta, and includes grounds maintenance, insurance for the building (even flood), and amenities.  Unit 404 is top floor, which has the best views.

Where to look for Siesta rentals properties:  

Crescent Arms 
Crescent Royale
Crystal Sands
El  Presidente
Excelsior Beach to Bay
Harbor Towers
House of the Sun
Jamaica Royale
Our House at the Beach
Palm Bay Club
Sarasota Surf and Racquet
Seashell
Siesta Dunes
Sunset Royale
Tivoli by the Sea

According to MLS, here's the actual annual rental income on some of these properties*:

Aloha Kai $68,000
El Presidente $50,000
Sea Shell $42,000
Horizons West $40,000
Crescent Royale $25,000-$50,000* 
Siesta Beach House $35,000

* Most management companies are happy to provide rental history to Realtors upon request; however, it gets a little "dicey" if owners self-rent and the management company may not be involved - but ALWAYS get as much history as the Seller/Listing Agent will provide.  You may need to put a provision in the contract for the Seller to provide the actual rental history to match MLS for the past three years.

To Disclose or not to Disclose?

In the August 2016 Sarasota/Manatee Realtor magazine, there is an article on disclosure.  Sellers are not required to fill out a Sellers Disclosure Form, however, they (and the Realtors) are required to disclose anything that will affect the value of the property.  If a defect has been fixed, Seller is not required to disclose - even Chinese drywall does not need to be disclosed if the problem has been remedied.  However, the better answer is to disclose what was done and provide the contractor's receipts to the Buyer.  The As-Is Contract is not a waiver for the disclosure requirement.  The purpose of the As-Is Contract is to reflect an agreement between the Buyer and Seller that the Seller is not obligated to repair any unknown defects or property condition discovered during the Buyer's inspection.  Any preexisting conditions the Seller knew about is still subject to the mandatory disclosure.

If Realtors know about issues related to the property and they don't disclose to the Buyer, they can be sued.   So for Sellers and Realtors, the three most important words in real estate are "disclose, disclose, disclose."

I have friends who rent a home from a local investor and he did not spend the money for the necessary inspections before he bought one home.  He charges $1,200-$1,300 monthly rent for properties that are about 40 years old, and the one I know about has plumbing and roof issues that he refuses to fix.   Tenants are subjected to sewer lines that are broken beneath the house that back up often, pin hole leaks, roof leaks, and even mold.  His attitude is, "Move if you don't like it."   Sarasota County says they are not interested in the things they can't see, so my friends are stuck with sinks and tubs that don't drain and sewage that backs up about once a month into the laundry room and bath tubs.  The investor/landlord has owned this home about a year and it's an example of the Seller who did not disclose the defects, but the investor should have spent the extra money on inspections and follow-on inspections until he was sure that this was a good investment during his 15 day due diligence.

Have a great day and stop by and see me at Excelsior Beach to Bay, 6266 Midnight Pass Road #404 today.  Go to my home page at   www.PalmerRanchLindaHolley.com and enter this number in the property search bar A4159484  to see the photos.

Always here to help you with your real estate needs.

Most sincerely yours,

Linda
941-914-4914




Posted by Linda Holley on September 25th, 2016 9:10 AM
UK Buyers:  Florida salutes our buyers from the United Kingdom!   Our state is a major destination for 39% of the UK buyers, followed by California at 15%.  It's about location...Florida happens to be closer and less expensive to travel here from the UK!  

Housing Forecast:  Approximately 40,000 new homes were built across the country this year, and an additional 60,000 are expected to be built in 2017. You do need your own personal realtor with you when you buy a new home, and if you are my customer and buy a new home without me, I can't help you, you are at the mercy of the developer and builder.  I know the individual communities from Bradenton to Venice, and can help you select the area based on your wants, needs, and preferred lifestyle.  You can spend two weeks driving around with your GPS finding the new home communities, or we can see them all in a day.  I'll be sure to let you know which builders are famous for tacking on additional costs for things that some builders consider standard, such as granite and wood cabinets, and what is included in your maintenance fees.  Plus I know where the best schools are!

My nightmare - In 2004, before I was a realtor, I bought two investment properties in Taos Ski Valley, New Mexico, that were under construction - just three hours north of my home in Albuquerque.  This was before I became a realtor, and simply did not know what I did not know.  These properties were over a year late being finished, and right off the bat, I lost money in a failed 1031 exchange, plus the properties were filled with defects and code violations.  Had I known what I was doing, I would have gone to visit the site with a real estate agent from a different brokerage in Taos, such as Prudential or Century 21, and either of these brokers would have helped me terminate my contract and get my deposit back; sadly, everyone but the out-of-state Buyers knew that there was trouble ahead.  This project was a joke around town during construction!!  The developer ran out of money, the contractors and his subcontractors funded the project, the project manager was fired (which was the right thing to do), and we the owners acquired mechanics liens about a month after we closed!   After closing and a few months later...In the middle of the winter, and ski season...our water pipes were known to freeze and break, totally ruining the contents of our new ski condos.  I was asleep one night, and the building caught on fire because ice and snow from an adjacent building roof fell on our unprotected gas meter and ignited.  I'm lucky to be alive today to talk about this.  

The project, Wheeler Peak Condominiums, was a joke, but no one, especially the realtors who helped us sign our contracts, would tell the 24 Buyers.  After several law suits, the homeowners association was awarded over half a million dollars for the repairs (just three years after construction), but it was not enough.   If you are an investor, try to sell your property that has been seriously stigmatized around town.  

As I contacted the local real estate and construction professionals in Taos to get ready for my own law suit, which was against the contractors AND the realtors, I quickly learned that our realtor worked for the Seller and not us, although by their actions they led us to believe we were fully represented and that they "had our backs."    So call me (941-914-4914) if you want someone to look out for your best interests in Sarasota new homes.  That is New Mexico 10 years ago...onward to Florida!

Your 2016 property values are posted online at the Sarasota County Property Appraiser's website.  http://www.sc-pa.com/   On August 22, 2016, TRIM notices (taxable value)  will be mailed.  You have 25 days after August 22 to file an appeal.  Please look over your TRIM notice and if you feel that the value is too high, go ahead and file your appeal.  If your home has been on the market and has not sold, you have a good argument, and Bill Furst, the Sarasota Property Appraiser, (whose first career was in real estate), will determine if your Fair Market Value needs to be reduced.  

Wow! If things are not confusing enough with technology, the Florida real estate contracts are vague in the financing clauses.  Always use the Appraisal Addendum if you are planning to financing your home, because the language in the addendum can protect you run into problems with the appraised value of the home you are buying.

That's all for today!  Have an awesome weekend and let me hear from you if I can assist you in your Sarasota real estate needs.

Most sincerely yours,

Linda



Posted by Linda Holley on August 13th, 2016 11:32 AM
Did you file for Homestead Exemption?  Are you eligible?  Have you filed illegally?  

The Sarasota County Property Appraiser's website, http://www.sc-pa.com/home/, has an abundance of information about Homestead Exemptions and important dates for filing.  You have from January until March 1 each year to file.  The Notice of Proposed Property Taxes, also called TRIM notices, are going out this week.  Did you forget to file for Homestead Exemption?  You have up to 25 days after your TRIM notice was mailed to plead you case with the County, and if you have a valid reason for not filing, they may be able to help you out.  

There are many types of exemptions so it's best to check with the property appraiser about your specific situation.

Why do we have Homestead Exemption?  It's to protect your home from being taken away by your creditors who could file a lien.  Here's the formula for a home valued at $85,000:   The first $25,000 of value is exempt from all property tax, the next $25,000 of value is taxable, the third $25,000 of value is exempt from non-school taxes, and the remaining $10,000 of value is taxable.

How do you qualify for Homestead Exemption?  First you need to own and occupy your property on January 1.  (I keep hearing about the person here in Sarasota who turned in his(her) neighbor for not qualifying for homestead because they were on vacation that day -- the family was not fined because the court ruled that the "intent" was to occupy.)  

Next, you need to have evidence that you are a permanent Florida resident.  You must have a valid Florida driver's license or ID card and then a combination of other things such as vehicle registration, voter registration, employment verification, tax returns, utility bills, and the details are on the above County Tax Appraiser's link.  

CAUTION!  I was showing a Siesta canal home to Buyers last year, and the Listing Agent met us at the property.  The Buyers inquired about taxes paid, and the Seller's realtor said "There are ways around Homestead Exemption; for example, a couple can have the wife file for Homestead in FL and they can keep their homestead in their home state under the name of the husband."    DO NOT TRY THIS!!!  If you are caught, you can be fined hundreds of thousands of dollars PLUS penalties.  Make a neighbor mad and you could get turned in.  Your tax bills are posted online for anyone to see, so it's not worth risking $250,000++ in fines.  If you are legally separated, then either the husband or wife can file for Homestead Exemption in Florida, but be prepared to be called in by the County and asked a series of questions about your relationship and present your legal separation documentation.    

Have you sold your home to upsize or downsize?  Some of your current exemptions may be portable to your new home.  

Harbor Towers on Siesta has a 3BR 3BA with a den, 1,755 sq ft, updated, and full bay view for $550,000.  Address: 5855 Midnight Pass Road, Unit 207.  One of the penthouse units was listed Saturday for $645,000, but it's very vintage and needs a total remodel. 

Tomorrow at 5:45 p.m. at Gulf Gate Library, 7112 Curtiss Avenue, Sarasota, FL 34231, residents from Wellington Chase in Palmer Ranch--and other concerned citizens--are invited to prepare for an upcoming session with the Sarasota County Board of Commissioners.  This neighborhood group is fighting a change in zoning that will allow a 3-4 story apartment complex to be built in their back yards!  The land is currently a cow pasture.  See www.SaveTheCowfieldSRQ.com.   Stop by if you get a chance and sign a petition fighting this zoning change and even if you are not in town, you can still connect via email and get your petition in.  Your assistance and concern is greatly appreciated.

Have a great week!
Linda
Posted by Linda Holley on August 17th, 2015 3:17 PM
Today's blog provides real estate facts about Palmer Ranch, Siesta Key, and Country Club of Sarasota and information about upcoming meetings concerning rezoning an area of Palmer Ranch for multi-family housing.

Siesta.  During the last month, 41 properties sold on Siesta, and my favorites are Midnight Cove II (pet friendly, weekly rentals) for $290,000 and Peppertree (not pet friendly, quarterly rentals) for $300,000.  Both of these properties have easy access to the beach and bay.  The best deal on Siesta last month was a single family home that sold for $425,000 at 818 Plymouth.  In the past, cash buyers ruled, but the trend is now financed purchases, so most of the homes on Siesta that sold the past 30 days were financed.   

Gulf and Bay Bayside.  I'm currently holding Open Houses at 1269 Siesta Bayside Drive, a community on the bay that has beach access through Gulf and Bay.  This condo is a 2BR 2BA, 1,280 square feet, recently renovated, with a large lanai.  It's ground floor with no neighbors above, and fee simple with a 2 car garage.  The community is replacing the roofs, and there was an owner assessment; so my recommendation anytime you are considering purchasing a condo, pay careful attention to the financial stability of the homeowners association.  Best case is that there is money in the reserves to take care of maintenance and repair.  ALWAYS get a copy of the homeowners association minutes and do your homework!

Palmer Ranch:  48 homes sold, most of which were financed.  39 single family homes sold and 17 had private pools.  More homes sold in VillageWalk, followed by Arbor Lakes (new construction), and Huntington Pointe.  The best deals were in Marbella, Wellington Chase, and VillageWalk.

Botanica at Palmer Ranch: There are five great condos on the market in gated/maintenance-free Botanica, and the three homeowners associations are very financially stable.  Roof repairs/replacements do not result in thousands of dollars of owner special assessments.  You can get a 2BR 2BA condo with a garage for $289,000 and a 3BR 2BA with garage from $300,000.  Resort-style amenities with two heated pools are selling points.

Country Club of Sarasota.  3828 Spyglass Hill Road sold for $510,000, with 2,763 square feet, sold price/sq ft was $185.  I'm holding Open Houses tomorrow and next Sunday at 3870 Spyglass Hill, a home with 3,300 square feet, a golf course view, private/resurfaced pool priced at $519,000, and listed at $149 per square feet.  This home has been recently reduced, and the Sellers are ready to move on.  The nice thing about Country Club of Sarasota is the Serendipity Club with varying memberships at very affordable prices.  See SarasotaSports.com.  Membership in the Club is optional, and membership is also open to the public.  I was a member of a private club in Atlanta, and it's very nice to go to a place "where everyone knows your name."   

Public Meetings!  Save The Cowfield SRQ is a group that opposes building four-story apartments at the corner of Sawyer Loop and Northridge in Palmer Ranch, just south of Clark Road.  Owned by California builder/investor A.G. Spanos, the company proposes to change the current zoning for this multi-family complex, which will adversely impact traffic, blocking Wellington Crest subdivision's natural view, and affect the Palmer Ranch property values and wildlife.  See SaveTheCowfieldSRQ.com    I imagine that the buyers of the new homes at Cobblestone would not be happy to know that this initiative is underway, very close to their new development.  I'm getting involved, won't you help?

Those interested in opposing the zoning change are asked to:
1.  Sign a petition (see website)  SaveTheCowfieldSRQ.com
2.  Attend a community meeting at the Gulf Gate Library the evening August 19 (more details to follow on the website)
3.  Attend a public meeting at the Sarasota Board of County Commissioners meeting August 24th at 1:30 in opposition.

This is a great volunteer opportunity to get involved with the community and stop A.G. Spanos, a California investor, from changing our zoning laws and building four-story apartments.  See AGSpanos.com  

I am personally aware of another apartment complex in Palmer Ranch, Saratoga Place, owned by California investor JRK Holdings, Inc., of Los Angeles.  Go to RipOffReports.com and search for JRK Holdings and you will see what a mess this out-of-state investment company has made of a once great complex in Palmer Ranch on Central Sarasota Parkway, across from Turtle Rock.  Those folks can't even figure out how to get the dumpsters emptied...and most residents scram when their leases are up because of a lack of maintenance.  NOT good!  Sarasota County is overseeing the trash problem at Saratoga Place on an ongoing basis.  JRK Holding's business model is to reduce staffing/costs, increase their profit, and move on to the next property.   We just can't let this happen again in Palmer Ranch, let's all get involved to stop A.G. Spanos from changing zoning laws .  

Have a great weekend!

Linda


 


Posted by Linda Holley on August 8th, 2015 10:59 AM
Palmer Ranch real estate is booming!   Here's a list of the active listings for some of the Palmer Ranch communities and the number of properties that sold the past 90 days.  

Botanica subdivision currently has six active listings and six sold the past 90 days.  Mira Lago: three active listings and eight sold;.  The Isles- 15 active, 16 sold; Villagewalk - 4 active listings, 20 sold;  Turtle Rock - seven active listings, 11 sold; Stoneybrook - 18 active and 25 sold!  Deer Creek - 11 active, 2 sold.

Let me help you with your Palmer Ranch Real Estate needs!  Linda Holley, realtor, Michael Saunders and Company, 8660 S. Tamiami Trail, Sarasota, FL 34238 Phone 941-914-4914  web address: PalmerRanchLindaHolley.com.
Posted by Linda Holley on May 9th, 2015 5:33 PM

Thank you for reading my weekly blogs!  The Botanica condominium community in Palmer Ranch is just 10 minutes from Siesta Beach.  My listing is at 5222 Bouchard Circle, Sarasota, FL, 34238, and you can find it by searching by that property address on the main page of my website PalmerRanchLindaHolley.com

I will be at the property on the next two Sundays from 1-4 p.m. holding Open Houses for the Sellers so stop by if you get a chance.  This home is 1,969 square feet, 3 bedrooms, 2 baths, all rooms are upstairs with an elevator to bring you up from the front entrance and garage.  You will enjoy a private and quiet southerly view of the lake.   Each room is wired for sound, there is a reverse osmosis water system in the kitchen, and also a new water softener.   The master bath has a jetted tub, a walk-in shower, and two vanities; the master bedroom has a lake view with two large walk-in closets.  Seller will leave the beautiful furniture (not furnishings), all for $350k.  That's a DEAL because in terms of value, this home is priced at $178 per square foot and the average home sells for $184 per square foot in this community.  The price indicates that this seller is motivated!

Botanica has only 168 homes and the construction began in the early 2000's.  Residents enjoy regular activities at the clubhouse, connecting with their neighbors, and they love to celebrate with holiday parties.  The clubhouse has a catering kitchen, fitness center, grills, a conference room, and two heated pools.

I have met many residents at Open Houses in Botanica who rave about the great maintenance that is included in their quarterly maintenance fees.  That’s exactly why many of Sarasota's homeowners are moving to maintenance-free, gated communities in the $300-400k range.   You can find single family homes in Venice and Gulf Gate but most were built in 1960-1980, they are not in gated communities, do not have amenities such a fitness center and heated pools, and are not maintenance-free: let's face it: homes in Florida are all maintenance-intensive! 

Don't think you can save money on maintenance fees in a home just by hiring your own lawn crew.  Maintenance fees in Botanica also include water, cable, heated pools, fitness centers, all exterior maintenance and everything beyond the paint of your walls becomes the responsibility of the homeowners association.  That's why many buyers whom I meet insist on maintenance-free living so they don't have to worry about finding good local service personnel to do this work.

Think maintenance-free, think Botanica!


Posted by Linda Holley on April 26th, 2015 9:56 AM

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