October 2021 Sarasota Real Estate News
LATEST SARASOTA REAL ESTATE NEWS
The one question I am being asked lately is “how long is this going to last?” Well, in the absence of a crystal ball I can’t say for sure, but one thing is clear; the current sellers market is being driven purely by supply and demand. Inventory is low, demand is high, and projected to get higher as more and more people choose to move to Florida for tax purposes, quality of life goals or work from home possibilities. Sarasota is now firmly on the map and every homeowner is seeing an exponential benefit in terms of home values. People are aware that their nest egg has become much more valuable in the past year and in theory now would be a great time to sell. But if you sell your house, where are you going to go? If you sell high you will be buying high. Another consideration is the impact that of the return of Europeans will have after November 8th. This lucrative subsection of the Florida market has been unable to enter the US for 20 months. Our hope for the coming season is that we will see more existing homes come onto the market, and that, in addition, supply issues blighting the construction industry will ease, allowing national and regional homebuilders to get back on track with the supply of new construction homes. So for now, this sellers market holds strong, as does the need for both buyers and sellers to use the services of a trusted, experienced real estate professional to help navigate an intensely competitive market.
SARASOTA REAL ESTATE
ACTIVITY - SEPTEMBER 2021
SIESTA KEY LISTING - UNDER CONTRACT
880 SIESTA DRIVE
Stunning Siesta Key bayfront home with beautiful water views. Nestled among lush landscaping and conveniently located on the north end of Siesta Key, this fabulous 5,436 sf residence has much to offer the discerning buyer. This bright and airy coastal style home boasts 5 ensuite bedrooms, 2 offices, a huge bonus room, expansive outdoor terraces, private resort feel with freeform pool and an incredible boat docking system. MORE HERE
LONGBOAT KEY TAKES - 5TH BEST ISLAND IN THE U.S.
BY TRAVEL + LEISURE
Looking for an amazing luxury waterfront remodel opportunity? Check out our listing at Putter Lane...MORE HERE
AMAZING LONGBOAT KEY REMODEL OPPORTUNITY
591 PUTTER LANE
This is a great opportunity for buyers who want new, but do not want to wait two years to move in. FABULOUS LOCATION on Longboat Key with expansive uninterrupted bay front views from a 134' wide lot. ! The proposed plan is a coastal contemporary design with 3 bedrooms plus office and bonus room, outdoor kitchen, sauna, elevator and 3 car garage. $4.2m for the land, existing structure and fully engineered construction remodel plans...MORE HERE
360 BOB WHITE DRIVE
Beautifully designed canal front custom home with west-facing exposure. Built by John Cannon in 2011, this well-maintained home offers four bedrooms, plus an office and a bonus room, 5 bathrooms, 3-car garage and elevator on 100ft of waterfront with a 10,000lb boat lift. The large screened-in lanai offers plenty of covered and uncovered space for entertaining, dining and lounging. The landscaping is well-maintained and the owners have created a secluded garden by the water from which to enjoy the views.
FEATURED - NEW DEVELOPMENT
THE COLLECTION CONDOMINIUM
The amenities of The Collection Condominium will utilize dark rich woods, classically refined hard materials, well-positioned water features and dancing fire to create a spectacular, luxurious, and urban living experience. This 10-story tower that will feature only 12 unique luxurious residences will include a sport pool, a hot tub, a spacious deck with day beds, cabanas and lounge chairs, outdoor fire pit with designer furnishings, temperature controlled storage, a professionally designed fitness and yoga facility, a sauna, a boardroom, restrooms, and a social lounge area that opens directly to the out door amenity deck. CONTACT BEV MURRAY for more details...MORE HERE
WILL MURRAY & TEAM - TAKE 1ST
AT KINGS POINT DINGHY OPEN
After a freshman college experience that was severely hampered by covid-19, sophomore Will Murray is finally getting to experience real college athletic life at Hobart & William Smith Colleges. He skippered one of two team boats to victory at the Kings Point Dinghy Open at the US Merchant Marine Academy in NY.
READY TO SELL?
If you’re ready to sell your house, the good news is you have options. Existing homes and newly built homes each have their own benefits. I can help you explore what’s available and what’s right for you. CONTACT ME today if you’re ready to find your dream home.
941.724.4995 or Bev@murraygroupusa.com