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Posted by John Butzko on July 29, 2009
South Longboat Key Office
Longboat Key is a vibrant, picturesque island with 11 miles of exceptional beaches, beautiful neighborhoods, fine dining and world-class shopping. Boasting a casually elegant atmosphere, Longboat Key welcomes visitors from all over the world—many of whom fall in love with this desirable location on Florida’s southwest coast.
Michael Saunders & Company maintains three offices on Longboat Key that are strategically positioned to serve as a gateway to the exceptional properties of “the Key” and beyond. With a variety of condominiums and single-family homes, both on the beach and off, living on Longboat Key provides convenient access to St. Armands Key, Lido Key, Bird Key, downtown and beyond. Our knowledgeable agents assist visitors in buying and selling fine waterfront, island and mainland properties throughout this sought-after area.
How is the Longboat Key Market?
Longboat Key South Branch Manager Georgina Clamage finds the Longboat Key market to be strengthening with inventory down 13 percent from its highest point of this year. Pending sales for the second quarter in 2009 are up more than 38 percent, compared to the same quarter in 2006, and even higher when compared to the same quarter in 2007 and 2008. The average price of properties sold on Longboat Key during the quarter ending in June 2009 is $693,000. These sales represent both condominiums and single-family homes, and range in price from $125,000 to $3,330,000. (more…)
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Posted by John Butzko on July 21, 2009
MS&C Main Street Office
Sarasota’s downtown is a vibrant destination brimming with a wealth of fine restaurants, specialty shops and splendid cultural attractions. With lifestyle options varying from soaring penthouse residences to quaint cottage-style homes, the downtown area boasts the perfect opportunities for anyone seeking the vivacious pace of city life. Centrally located at 1801 Main Street, Michael Saunders & Company’s downtown office is perfectly sited to allow our Realtors the convenience to serve property buyers and sellers throughout Longboat Key, Lido Key, Bird Key, Siesta Key and anywhere in Sarasota quite easily.
How is the Downtown Sarasota Market?
Gary Loughlin, branch manager of the Main Street office, finds the market to be improving in general with property pricing being the most important consideration for both buyers and sellers. As of July 17, the downtown Michael Saunders office has over 40 pending transactions, a number that already exceeds the total of July 2008. This month’s closings span the pricing spectrum and involve properties that have spent a variety of time on the market. Of course, some are very quick closings and others have been in the works for quite a while. (more…)
Posted by John Butzko on July 14, 2009
St. Armands Office
As Sarasota’s hub of fine dining and world-class shopping, St. Armands Circle attracts local visitors and international travelers to its casually elegant island location. Set just a stroll from the marketplaces on the circle, our St. Armands site is the company’s flagship office and proudly specializes in serving homebuyers and sellers throughout Lido Key, St. Armands Key, Longboat Key, Bird Key and throughout the Sarasota area.
How is the Market on St. Armands?
Barbara Roberts, the longtime managing broker of the St. Armands office, is pleased to report a very active market—thanks to an abundance of interested folks stopping by while enjoying a day at the Circle. Barbara finds that most of those who inquire about our services and available homes are long-range buyers, not necessarily looking to purchase a home immediately. Their increased curiosity in the market is a good sign for future transactions. This past June has been a great success, as the office booked more than $40 million in open sales. In fact, the last time St. Armands has seen such a high figure was in 2005. (more…)
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Posted by Michael Saunders on May 6, 2009
With all the chatter about the difficulties in today’s market, it would seem highly unlikely that anyone could achieve a feat of success and record-breaking significance. However, it is with much delight that we announce the recent momentous sale courtesy of the determined, market savvy Deborah Beacham of our South Longboat Key office. Along with the final closing signatures for the expansive waterfront property she represented at 552 S. Spoonbill Drive on Bird Key, Deborah earned recognition for Sarasota’s highest sale thus far in 2009. At a sold price of $4.75 million, this Bird Key property sits atop the growing mountain of Sarasota area sales we are processing, with many more sure to follow. Congratulations, Deborah!
In researching the true magnitude of this sale, we reflect on the area’s other top highest sales this year in Sarasota and Manatee counties. Each of which, we should mention, have included either the representation or buyer locating of a Michael Saunders & Company agent.
The absolute top sale in Sarasota and Manatee counties thus far for 2009 was sold by Christina Landry of our St. Armands Circle office. This property, located at 5871 Gulf of Mexico Drive on Longboat Key (in Manatee county), sold for an impressive $7.125 million. (more…)
