In this intensely competitive market, it was wonderful to help my buyers secure this exqusite L’Ambiance waterfront condominium for $2,585,000. L’Ambiance is sited on one of the island’s most spectacular locations near the southern most end of the island,
Congratulations to my buyers for their spectacular new residence in the newly completed EPOCH Sarasota! Purchased for $4,290,037.
The Sarasota Real Estate Market had 40.2% more existing single-family home and 62.6% more condominium sales in March than were recorded in March 2020. And inventory at the end of March was almost 75% lower than last year.
Congratulations to my client on the sale of this lovely Longboat Key waterfront home in the Bayou neighborhood of Bay Isles – sold for $1,600,000.
With inventory of existing homes and condominiums for sale hitting record lows, sales in The Sarasota Real Estate Market far exceeded last year’s activity.
“Strandhaus”, Norwegian for “Beach House”, a private modern oasis on Lido Shores has SOLD for $3,800,000. Representing both the seller and the buyer in this transaction created a smooth transition between the residents of this landmark home.
Sarabande is located in a premier location on Palm Avenue at the edge of downtown overlooking the Sarasota Bayfront. My clients who owned this artistic and modern residence SOLD for $985,000.
Sarasota Real Estate Market conditions seen during the last half of 2020 continue into 2021 and are being driven by dramatic demand from buyers fleeing their home states, continued low mortgage rates, and an acute inventory shortage of existing homes.
This stunning 3,400sf corner residence with panoramic views overlooking the beach and Gulf, as well as across the peaceful Bay waters to Sarasota. Sold to my clients for $3,757,000.
Preliminary data on January 2021 Sarasota market sales are as impressive as the last half of 2020, including pending sales expected to be up more than 50% compared to last year, and with inventory still extremely tight. I am optimistic that the months ahead can be expected to see more record-setting activity.
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Michael Saunders & Company
440 Gulf of Mexico Drive
Longboat Key, Florida 34228
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michaelmoulton@michaelsaunders.com
Michael Saunders & Company
440 Gulf of Mexico Drive
Longboat Key, Florida 34228