Archives July, 2012

Saunders Luxury Sales Report for July 28, 2012

Michael Saunders & Company is proud to announce several closings made possible through the professional representation of our agents, who work each day to fulfill the unique needs of homebuyers and sellers.  For the week ending July 28, 2012, the properties below sold for over $1 million.

Christine Del Monte of Michael Saunders & Company represented the buyer of a coveted walk-down Royal unit at L’Ambiance on Longboat Key.  The condominium sold for $1,900,000 on July 16, 2012.  Sotheby’s represented the seller.

 

 

 

Susan Smith of Michael Saunders & Company represented the buyer of a stunning new waterfront house on Bird Key.  The residence sold for $2,175,000 on July 17, 2012.  Keller Williams represented the seller.

Jennifer Linehan of Michael Saunders & Company represented the buyer and Tammy Lynn Garner, also of Michael Saunders & Company, represented the seller of a wonderful Cherokee Park home. It sold for $1,850,000 On July 19, 2012.

Linda A. Page of Michael Saunders & Company represented the buyer and Linda Dickinson of Michael Saunders & Company represented the seller of a timeless and classic Italianate villa set on the Sarasota bay front.  The home sold for $2,500,000 on July 19, 2012.

 

 

 

Sandy Strom of Michael Saunders & Company represented the seller of a one of a kind 1.2 acre lot on Little Sarasota By.  It sold for $1,247,000 on July 23, 2012.  Re/Max represented the buyer.

 

 

 

 

Carol Aviles of Michael Saunders & Company represented the seller of Queens Harbour model home behind the Bay Isles section of Longboat Key.  The residence sold for $1,025,000 on July 25, 2012.  Sterling Realty represented the buyer.

Saunders Commercial Sale and Lease Report for July 28, 2012

Michael Saunders & Company is proud to announce several successful closings and leases made possible through the professional representation of our agents who work each day to fulfill the unique needs of commercial buyers, leasers and sellers.  For the week ending July 28, 2012:

 

SALE

Seller:  Realnor Properties, Inc.

Buyer:  San Marco 23, LLC

Address:  8225 Natures Way, Unit #115, Lakewood Ranch, FL  34202

Type of Space:  1,183 SF Retail Space (Investment Property)

Sale Price:  $130,000

List Side:  JSS Realty Corporation

Sale Side:  MS&C Agent Susan Goldstein

 

SALE

Seller:  LS Realty #1, LLC

Buyer:  John D. Camden

Address:  5227 Office Park Blvd., Unit B, Bradenton, FL  34203

Type of Space:  1,562 SF Office Space (Expansion)

Sale Price:  $130,000

List Side:  MS&C Agent Susan Goldstein

Sale Side:  Wagner Realty

 

SALE

Seller:  Wetherington Properties, LLC

Buyer:  TG Frost Holdings, LLC (Datum Corp.)

Address:  6009 Business Blvd., Sarasota, FL  34240

Type of Space:  12,240 SF Office Building (Expansion)

Sale Price:  $975,000

List Side:  Hembree & Associates

Sale Side:  MS&C Agent Susan Goldstein

 

LEASE

Landlord:  Signature Investors, Inc.

Tenant:  Tradex International

Address:  515 27th Street East, Unit #1, Bradenton, FL  34208

Type of Space:  900 SF Office Space (New Business)

List and Sale Side:  MS&C Agent Susan Goldstein

 

LEASE

Landlord:  Maraba, LLC

Tenant:  America’s Best Martial Arts

Address:  5103 Lena Road, Units #107 & #108, Bradenton, FL  34211

Type of Space:  3,600 SF Retail Space (Expansion)

List Side:  Harry E. Robbins Associates, Inc.

Sale Side:  MS&C Agent Sarah Olesen

 

Michael Saunders & Company is pleased to welcome Yvonne Gooldy to the Siesta Key office.

Originally from Crown Point, Indiana, Yvonne entered the real estate industry in 2003 and enjoyed a successful career with McColly Real Estate—Northwest Indiana’s #1 brokerage—before relocating to the Sarasota area in 2012. Throughout her career, Yvonne worked with homes in all price ranges and lifestyle options within her market area. In this time, she developed award-winning skills in assisting first-time home buyers, empty nesters, investors, transferees in/out of state and luxury properties, and succeeded in closing multi-million dollars in annual sales in residential real estate and in the New Homes Division as an account manager.  While with McColly Real Estate, she was a member of the McColly President’s Council for her annual sales since 2005.

To enhance her service, Yvonne has completed courses to attain the Graduate Realtor Institute (GRI), Certified Distressed Property Specialist (CDPS) and Short Sales and Foreclosures Resources (SFR) designations, and is in the process of completing the Certified Residential Specialist (CRS) requirements. She has also earned certificates in Green Building.

 

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Sarasota Real Estate – Southwest Florida Property Market Mid-Summer 2012 Snapshot

8-YEAR INVENTORY TREND (BY QUARTER) FOR SARASOTA COUNTY

8-YEAR INVENTORY TREND (BY QUARTER) FOR SARASOTA COUNTY

 

As a result of unseasonably strong sales in June, buyers have reduced the number of available properties in Sarasota County to below 4,000 for the first time in seven years.  Similarly, the property count in Manatee County fell below 3,000 for the first time since August 2005 (See chart below).  In both counties, inventories have been whittled-down by three-quarters from their 2007 levels, when the number of unsold properties peaked during the market’s post-boom downturn.

 

8-YEAR INVENTORY TREND (BY QUARTER) FOR MANATEE COUNTY

8-YEAR INVENTORY TREND (BY QUARTER) FOR MANATEE COUNTY

 

There is presently a 4.2-month supply of properties in Sarasota County based on June’s rate of closed sales.  In Manatee County, there is a 4.7-month supply.  A 6- to 7-month supply represents a balanced market; with anything lower typically trending towards a seller’s market.

 

8-YEAR INVENTORY TREND (BY QUARTER) FOR CHARLOTTE COUNTY

8-YEAR INVENTORY TREND (BY QUARTER) FOR CHARLOTTE COUNTY

In Charlotte County, the overall property count is trending at its lowest level since September 2005, during the housing boom; and is 63% lower than in February 2007, when the inventory of unsold homes peaked during the post-boom downturn.

Sales of luxury properties over $1 million also exhibited unseasonable strength in June, with sales throughout Sarasota County besting last June by 79%.  Likewise, June sales of luxury properties throughout Manatee County were up 50% over last June.

The median price for a home in Sarasota County during the first six months of 2012 has risen by an average of 9% compared with the first six months of 2011; and in Manatee County has risen by an average of 5% over last year.  Charlotte County has shown the most dramatic rise in median, its year-to-date price up by an average of 17% over the first six months of 2011.

Sarasota Real Estate Report – Forest Lakes Country Club Estates

Sarasota homes for sale. Pictured: 2219 Brookhaven Drive.

If you were to look for the exact center of activities and amenities on the Sarasota real estate map, you would find Forest Lakes. With a very convenient location, Forest Lakes Country Club Estates is just minutes to everything—downtown Sarasota, Siesta and Lido beaches, shopping at Westfield Southgate Shopping Center, corner markets within a mile, and an assortment of popular restaurants. Once an active golf community—and may be once again—most homes back to the green space that was formerly home to the golf course, creating a feeling of openness and expansive living. But what really distinguishes this community of homes in Sarasota is its established, cohesive neighborhood, where mandatory deed restrictions ensure it maintains its special character. (more…)

Residential Real Estate Market Trend Report for Southwest Florida – June, 2012

Buyers have driven the inventory of available properties in Sarasota County to below 4,000 for the first time in seven years.  Similarly, the inventory of properties in Manatee County fell below 3,000 for the first time since August 2005.  In both counties property inventories have fallen by three-quarters from their peaks in 2007, during the height of the market’s downturn.

Sales of luxury properties over $1 million were also strong in June, with sales in Sarasota County besting last June by 79%.  Likewise, June sales of luxury properties throughout Manatee County were up 50% over last June.

These are just a few of the top-line findings in this month’s Residential Real Estate Market Report For Southwest Florida based on actual sales results for the month of June supplied by the independent market research firm, Trendgraphix.

Read the report in its entirety here by clicking on the image below.

On Your Marks . . . Get Set . . . Go!

With the world’s attention zeroing-in on London for the Summer Olympic Games, we couldn’t be more pleased and proud that our international marketing partner, Mayfair International Realty, is in the thick of this worldwide gathering showcasing our seller’s properties. Mayfair gets the gold in our book every time!

Latest Market Comment from Nick Churton, Mayfair International…

A global sporting event may be upon us, but for some this summer matters of even greater personal significance are happening closer to home. Nick Churton of Mayfair International Realty tries to put things into perspective.

This August there will be a great deal of huffing and puffing going on in London. There will be running and jumping, throwing, swimming, rowing, diving, sailing and cycling – plus much more.

But for some, who won’t actually get much closer to the Olympic stadium than their couches, there will be another demanding game to compete in this summer – home buying. Competitors won’t be representing their country but they may well be representing their families.

Like top-flight sport, home buying takes a great deal of preparation. It is not an easy undertaking. It can take the stamina of a Haile Gebreselassie and sometimes the sprint speed of a Usain Bolt. It takes the versatility of an Ashton Eaton, and the agility of a 16-year-old Russian gymnast, named
Olga. Buying a home is not as pretty as Tom Daley in a 10-metre dive or perhaps as explosive as Chris Hoy in the velodrome. But winning this
discipline – and it does take discipline – means dedication, planning and some sacrifices.

Winning the perfect home is a great personal achievement. But unlike so many sports there are no silver and bronze medals for being a runner-up.
There is not even a gold medal for winning. But, besides satisfaction, comfort, safety, investment and shelter, there is one other prize for the
winner – he or she can choose to plant a laurel in their new garden.

Whether you are competing for gold or for a new home this August, we wish you well.

 

* Courtesy of Mayfair International Realty

Michael Saunders & Company is pleased to welcome Dave Sheptak to the Venice office.

Dave’s success is attributed to a simple philosophy: “Treat people the way you’d like to be treated.”

Dave has lived in Indiana and Kansas before relocating to Florida’s Gulf Coast, and holds real estate licenses in both Florida and Indiana. He brings a long history of superior customer satisfaction. In Indiana, he owned his own company and was awarded the North West Indiana Peoples Choice award for seven consecutive years.

Dave is most proud of the fact that many of his past customers have become lifelong friends and have recommended him to their families.

Michael Saunders & Company is pleased to welcome Ellie Young to the Boca Grande office.

Originally from St. Louis, Missouri, and earning a BS in English and business from Missouri State University, Ellie entered the real estate industry in 1990 following a successful 21-year career of marketing and marketing management with the IBM Corporation. In 1980, while living in New York City, Ellie and her husband, Bob, discovered Boca Grande and immediately purchased their first island property at Sea Oats. Ten years later, they built one of the first Boca Bay homes and became full-time island residents. In 1992, Ellie brought the first resale buyer to Boca Bay. Today, she continues to be a sales leader of properties in that community.

Ellie’s love for selling Boca Grande, her past participation in various Boca Bay associations, and her personal familiarity with island organizations, services and neighborhoods, combine to enable her to convey to prospective buyers an appreciation of the true value of the many singular attractions of this special community. In her 22 years of selling properties across the island, she has earned her clients’ respect through her professional approach, her in-depth knowledge, and her attention to detail.

 

When Giving Gives Back in Sarasota Real Estate

Pictured left to right: Julie Klick, Adell Erozer, Diane Shoemaker, David Potter, Erin McLeod, Glenda Leonard, Laura Bennawy, Drayton Saunders, Drenna Rosenthal, Karen Bogues, Frances Levinson, Andy Kramer, Patricia Martin, Kay Mathers, Shirley Ludke and Elaine Sharrock.

The very best gifts are those that give back. The MSC Foundation—the charitable arm of Michael Saunders & Company—was established to do just that.

When you choose Michael Saunders & Company for your home buying or selling needs, you engage a team that stands committed to improving lives beyond their call as trusted Sarasota real estate professionals. Simply, we are a company that cares, and giving back to the community we cherish so much is an integral part of our business. (more…)

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