Archives July, 2013

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The MSC Foundation: Building On A Legacy Of Community Involvement

msc_foundation_logo

At a well-attended business luncheon last week—hosted by the Economic Development Corporation of Sarasota County—the noted Florida economist, Sean Snaith, delivered one of the most upbeat forecasts for our region that we’ve heard in quite some time.

In so many words, Mr. Snaith suggested that even as the most tenacious recession in history finally loosens its grip on the nation’s economy, Southwest Florida’s recovery is poised to break away from the pack based on vigorous improvements in our market’s key housing, construction and tourism sectors. People are moving to Florida in substantial numbers again; and it is showing up on our bottom lines.

Naturally we were overjoyed to hear such a positive forward assessment of our market. Yet, we temper that emotion with the knowledge that the Great Recession continues to exact a terrible toll on many of our most vulnerable citizens—including children, military veterans and the elderly.  It has also placed a punishing financial burden on the various not-for-profit agencies that help those in need get back on their feet. As the recession got longer and deeper, many of the programs and services they once offered have all but perished for lack of public and private funding. (more…)

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MSC Foundation: Mid-Year Charitable Grants Awarded

MSC_Foundation_July2013_33Nothing has made me more proud to be a part of Michael Saunders & Company then a one-hour meeting that was held July 12 at the downtown Sarasota headquarters.

The MSC Foundation – the philanthropic arm of Michael Saunders & Company – awarded nearly $30,000 in charitable grants at a mid-year gathering. The funds were disbursed to leaders of over 20 charitable organizations from Sarasota, Manatee and Charlotte Counties. (more…)

Saunders Luxury Sales Report for July 6, 2013

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 6, 2013, the properties below sold for over $1 million.

 

Lee Dillon of Michael Saunders & Company represented the buyer of a home directly on the Gulf of Mexico in Nokomis.  The property sold for $2,275,000 on June 25, 2013.  Prime Residential Brokers represented the seller.

 

847 Freeling-dusk-webLinda Dickinson and Kelly Quigley of Michael Saunders & Company represented the seller of the ultimate yachting retreat on the north end of Siesta Key.  It sold for $1,497,000 on June 27, 2013.  Coldwell Banker represented the buyer.

 

 

 

 

110 Carrick Bend Ln - D5790103_5Kevin Hyde of Michael Saunders & Company represented the seller of the perfect seaside retreat in Boca Grande.  The recently renovated home sold for $1,370,000 on July 2, 2013.  Sotheby’s represented the buyer.

 

 

 

 

1427 Pine Bay Dr - A3947941_3Dede Curran of Michael Saunders & Company represented the seller and Jennifer Linehan, also of Michael Saunders & Company, represented the buyer of a terrific family home in Oyster Bay.  The 5,000 sq. ft. residence sold for $1,495,000 on July 2, 2013.

 

 

 

 

401 S Palm Ave #1001 A3976050_04Lenore Treiman of Michael Saunders & Company represented the seller and Bibi-Ann Allard of Michael Saunders & Company represented the buyer of a fabulous 10th floor residence in the exclusive Savoy on Palm.  The condominium sold for $1,950,000 on July 3, 2013.

 

Featured Property: The Art of Siesta Key Living

Luxury Waterfront Siesta Key Home for SaleAs someone in the real estate business, I’ve seen my share of homes. A luxury price tag  does not necessarily mean it possesses all the qualities of good architecture – commodity, firmness, and delight.

Still, our area has always been a magnet for the sophisticated buyer and Michael Saunders & Company recognizes their discerning demand with a collection of the most remarkable Sarasota homes for sale.

In fact, our featured property this month is at 7321 Midnight Pass Rd and it should check off all your boxes – whether you are looking for location, comfort, or simply, beautiful design. (more…)

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Englewood Unveiled: A Fresh Slice of Old Florida

EnglewoodAerialI was recently treated to a grand tour of Englewood and the surrounding areas. Located between Sarasota and Fort Myers, water surrounds this laidback community that rests within both Sarasota and Charlotte County. Not having spent ample time within its borders, I was fortunate to find Michael Saunders & Company Realtor Pam Neer, who served as the ideal guide for my day trip. With a home in the area for over 24 years, Pam is a virtual custodian of the area’s history, natural beauty, recreational pursuits, and easy-going charm. Together, we explored all over Englewood, Manasota Key, Cape Haze and Placida, and only then did I truly begin to understand the depth of its many offerings. (more…)

23 About Me – The Theatrics of Marybeth Tvaroch

23LogoIn continuing our series, “23 About Me,” the blog takes a turn southward to our Boca Grande office where Realtor Marybeth Tvaroch answered our introspective questions. Not only an expert in Boca Grande homes for sale, Marybeth could probably teach you how to do a two-step or even something about your own psychological preferences!  
 
Read on to learn what she enjoys – from dinner at South Beach to Breakfast at Tiffany’s.
 
Choose one: mountain hideaway, city penthouse or beach house?
Beach house in Del Mar, CA. City penthouse in Chicago and San Francisco. I am too much of an extrovert for the mountains, but I have stayed in a log cabin for a long weekend. (more…)
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Keeping The Housing Recovery Sustainable

Interest Rates, Real Estate Market, Mortgage Rates, Michael Saunders & CompanyThe historically low interest rates that have been one of the principle mainstays of the housing recovery are….well….history.   “The training wheels have been taken off the bike,” went the metaphor used to describe how the housing recovery is now strong enough to stand on its own.

 

The Return of Higher Interest Rates 

Last week, the interest rate on an average 30-year fixed rate mortgage rose to 4.46%, the highest it has been in almost two years; and the largest one-week increase in over 26 years.  And while most pundits expect rates to hover at this level through the end of 2013, they all agree that the ultra-cheap rates that have existed for the last two years are a thing of the past. Still, the past helps lend perspective to the present; and from a historical perspective, the current rates remain well below the record highs and yearly averages of the past 30 years.  In fact, when rates finally broke below 6% in November 2008 a cheer went up throughout the land and the experts wondered aloud how long such low rates could possibly last.  As it turned out, quite a while. Average monthly rates have now stayed below 4% since late 2011; and are well below the all-time high of 18.63%, set in October 1981.  Thus even at their current levels, interest rates are still remarkably low, having averaged 8.6% since 1971. (more…)

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Residential Real Estate Market Trend Report for Southwest Florida – May 2013

May 2013 sales throughout Sarasota, Manatee and Charlotte Counties continued to trend at record high levels, with no apparent end to the momentum in sight. Numbered at 2,488, closed sales in May were down slightly—by 2.2%—compared with April, which had experienced the highest level of sales since March 2004 (2,702); and was up 13.5% compared with May 2012.

The 2,787 properties recorded as pending in May were up 5.1% over April and 25% over May 2012. Pendings in Sarasota County continue to trend at their highest level since Trendgraphix began tracking our market in 2001. As a measure of the market’s continued strength, the total number of closed sales in the post-Easter months of April and May finished 20% ahead of the pre-Easter months of February and March.

Following are additional highlights for the three-county region based on the latest Trendgraphix report covering May 2013 sales for Sarasota, Manatee and Charlotte Counties

Click on the image below to view the full report:7-1-2013 11-40-40 AM

Saunders Commercial Sale and Lease Report for June 29, 2013

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 June 29, 2013:

 

LEASE

Landlord:  Osprey Real Estate Services

Tenant:  Northeast Capital Management

Address:  1819 Main Street, Unit #106, Sarasota, FL  34236

Type of Space:  1,662 SF Office Space (Expansion)

List Side:  Osprey Real Estate Services

Sale Side:  MS&C Agent Sarah Olesen

 

 8830 Tamiami Trail_FarrLEASE

Landlord:  North Creek Development, LLC

Tenant:  Lifetime Investors Management

Address:  8830 S. Tamiami Trail, Suite #100, Sarasota, FL  34238

Type of Space:  1,100 SF Office Space (NEW Business)

List and Sale Side:  MS&C Agent Tom Farr

 

4055 Bee Ridge Road_MasseyLEASE

Landlord:  Izmirlian Properties, LLC

Tenant:  Bogiatto Group, LLC

Address:  4055 Bee Ridge Road, Suite B, Sarasota, FL  34233

Type of Space:  450 SF Office Space (NEW Business)

List and Sale Side:  MS&C Agent Eric Massey

 

2811 Tamiami Trail_SchaperLEASE

Landlord:  Fred and Anne Swing

Tenant:  St. Rita’s Boos & Gifts, Inc.

Address:  2811 Tamiami Trail, Unit L, Port Charlotte, FL  33952

Type of Space:  905 SF Retail Space (Relocation)

List and Sale Side:  MS&C Agent Larry Schaper

 

710 Commerce Drive_DeLietoLEASE

Landlord:  Homeport, LLC

Tenant:  JimCo Maintenance

Address:  710 Commerce Drive, Units #105 – #108, Venice, FL  34292

Type of Space:  11,209 SF Industrial Space (Renewal)

List and Sale Side:  MS&C Agents DeLieto & Associates

 

8103 25th Court East_KoltonLEASE

Landlord:  Chuck Young

Tenant:  JSJ Off Road, Inc.

Address:  8103 25th Court East, Sarasota, FL  34243

Type of Space:  8,000 SF Industrial Space (Expansion)

List and Sale Side:  MS&C Agents Bob & Roberta Kolton

 

5664 Bee Ridge Road_MasseySALE

Seller:  Suntrust Bank

Buyer:  Timothy Mercer, DMD, PA

Address:  5664 Bee Ridge Road, Sarasota, FL  34239

Type of Space:  2,685 SF Office Space

Sale Price:  $370,000

List and Sale Side:  MS&C Agent Eric Massey

 

LEASE

Landlord:  Braden River Business Center, LLC

Tenant:  Vicense, Inc.

Address:  4744 SR-64, Bradenton, FL  34209

Type of Space:  2,050 SF Office Space (Expansion)

List Side:  Wagner Realty

Sale Side:  MS&C Agent Susan Goldstein

Michael Saunders & Company is pleased to welcome Jaime Barcelo to the Palmer Ranch office

BarceloJaime prides herself on her customer-centric approach, and a natural ability to match her customers to their perfect home. Originally from Westchester, New York, Jaime has been a resident of Palmer Ranch for almost ten years.

 

Before moving to Sarasota in 2004, Jaime earned her Bachelor of Fine Arts from Purchase College, State University of New York. She went on to work in graphic design in New York City for such high profile companies as Ralph Lauren, American Eagle, Tommy Hilfiger and Cole Haan. Jaime cultivated her natural affinity for customer care working with the Ritz-Carlton, before deciding to focus her passion on real estate. With a creative flair and an exceptional ability to understand the needs of her customers, Jaime went on to be ranked among the top 4% of sales associates nationwide with Coldwell Banker, before joining Michael Saunders & Company to build upon that success.

 

Jaime is mother to a beautiful daughter. An accomplished runner, she is currently training for the ‘Tough Mudder’ and ‘Savage Races’ competitions. She also plans to complete a full marathon, after successfully running her first half marathon in under 2 hours in 2013.

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