Bird Key

 

Sarasota…a water lovers paradise

04 Feb 2015 Posted by Marcia Salkin in Bird Key, Downtown, Lido Key, Longboat Key, Sarasota Luxury Real Estate, Siesta Key, St. Armand's Circle, Waterfront Homes, West of the Trail

When most people think about the waterfront in the Sarasota area, they think of our gorgeous white sandy beaches on our Barrier Islands.  This recent Michael Saunders Blog shares waterfront lifestyles on the beach, on the Bayfront, on canals, rivers, bayous and creeks.  I am thrilled that it names one of my listings at 2300 Wason Road with 300’ on the scenic Phillippi Creek as a great example of waterfront living.

10 Homes on 10 Different Waterways

For more information on waterfront living in the Sarasota area, please feel free to contact Marcia Salkin at 941-376-6121.

 

SARASOTA’S LUXURY HOMES SOLD IN 2014

08 Jan 2015 Posted by Marcia Salkin in Bird Key, Downtown, Lido Key, Longboat Key, Luxury Home, Sarasota Luxury Real Estate, Siesta Key, Single Family Home, Waterfront Homes

Siesta Key luxury single family home sales outpaced all other areas in the  Sarasota area.  In 2014, there were 34 single family homes sold with values over $3,000,000.  Fourteen of these properties are located on magnificent Siesta Key.  In addition,  the three highest priced sales in the area are located on Siesta Key.

The highest priced home sold in 2014 belongs to 7712 Sanderling Road.  A stunning, Modern Beachfront estate in The Sanderling Club with a sales price of $11,850,000.  Closely followed by Siesta Key’s  classic Gulf Front estate at  4300 Higel Avenue which sold for $10,975,000.   Guy Peterson’s uber contemporary beachfront estate in The Sanderling Club became the third highest price 2014 home sale.

2014 TOP SALE 7712 Sanderling Road

4300 Higel Avenue

8250 Sanderling Road

 

 

 

Sarasota’s  luxury home buyers want waterfront- rather it be on the Bay, the Gulf , Canal or Beach….waterfront remains the top choice.  My mantra has always been ” if you can, buy the best waterfront property in your price range”.

34 Total Sales in Sarasota over $3,000,000*

  • 14    –    Siesta Key
  •   6    –    Casey Key
  •   5    –    Sarasota Mainland
  •   3    –    Bird Key
  •   3    –    Longboat Key
  •   2   –     Lido Key
  •   1   –      Manasota Key

 

* average sale price of $4,825,283  (up substantially from 2013’s average sale of $4,138,182).

We are anticipating another stellar year in the upper end price range.  If you would like a complete report of our luxury sales, please contact me at marciasalkin@michaelsaunders.com or visit my web site at www.LuxuryRealEstateInSarasota.com.

Just as a note of introduction, I have been selling Sarasota’s finest real estate for over 30 years and would welcome the opportunity to assist you … whether you want to buy or sell a luxury property in Sarasota.

Wishing you a very happy, healthy 2015.

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The Luxury Home Market Getting Stronger Every Day

19 Jul 2011 Posted by Marcia Salkin in Bird Key

The luxury home market  getting stronger every day proven by an uber -luxury beachfront sale on Casey Key and all the construction going on in Sarasota’s finest neighborhoods.

Yesterday, was important day for Luxury real estate in Sarasota.  Our company closed on a luxurious 10,000+ sq. ft. beachfront estate for $7,575,000.  This was an extremely solid, high end home with impressive use of stonework throughout and all the accoutrements for a very refined lifestyle (gated and walled, 200’ of private beachfront, caretakers building).  

 

In yesterday’s Sarasota Herald Tribune there was an interesting article titledNew Spike in High End Homes”.  The article stated there were 14 luxury homes under construction on Bird Key with construction costs exceeding $14 million.  West of the Trail in Bay Point Park, one of my favorite neighborhoods, a 23,600 square foot Bayfront fortress is presently under construction with a land cost of $3.8 and recordable building costs of $ 4.2 million.

According to a new survey the Luxury Institute and the Institute for Luxury Home Marketing, “the number of wealthy households has jumped back to pre-recession levels and affluent home buyers are purchasing.  The National Association of Realtors (NAR) statistics show that national home sales at $1million and above were up more than 18% year-over-year in 2010”.

Luxury real estate in Sarasota is way above the National average.  Closed sales in Sarasota over $1 million is up 22% from last year at this time.

If you or anyone you know is looking to purchase or sell a waterfront home in the Sarasota, please call SalkinSoublis.  We are Luxury Waterfront Residential Specialists with a stellar 25 year track record.

Marcia Salkin can be reached at (941) 376-6121 and Paulene Soublis at (941) 356-0203.  Or visit our website at http://www.luxuryrealestateinsarasota.com

LUXURY REAL ESTATE IN SARASOTA SOLD in 2010

11 Jan 2011 Posted by Marcia Salkin in Bird Key, Longboat Key, Siesta Key

Luxury real estate in Sarasota Sold in 2010 increased with three times more buyers purchasing luxury real estate in Sarasota 2010 than they did the year before. Taking advantage of lowered asking prices and historically low interest rates, 16 smart home buyers jumped into the luxury marketplace. A variety of luxury real estate in Sarasota purchased was sold but being on the WATER was the universal theme of each and every piece of luxury real estate in Sarasota sold in 2010.

Out of the 16 luxury sales of $3 million+ properties, 14 single family homes and only 2 were condominium units (One at the Ritz Carlton Resident Tower and one at the Ritz Carlton Beach Club on Lido).

Located in our area’s best neighborhoods, the breakdown of single family homes are as follows:

To date, there are 6 Pending sales of luxury real estate in Sarasota and we are expecting a very active winter season. We still have wide selection of exceptional property on the market. Currently, we have For instance, our never occupied, bayfront listing at 1204 Hillview Drive has been substantially reduced in price and is now on the market for $7,900,000.

For further information on luxury real estate in Sarasota, contact Marcia Salkin or Paulene Soublis (941) 376-6121

Tis’ the Season…Luxury Real Estate in Sarasota is Selling!

06 Dec 2010 Posted by Marcia Salkin in Bird Key, Siesta Key

Tis’ the Season…Luxury Real Estate in Sarasota is selling! In the past 30 days, 5 substantial waterfront homes have gone under contract.

635 N. Owl Drive Bird Key Canal $2,095,000
3049 Bayshore Drive Mainland Bay $2,690,000
675 Mourning Dove Bird Key Bay $2,975,000*
623 Mourning Dove Bird Key Bay $4,800,000
625 Norsota Way Siesta Key Bay $6,450,000
*short sale

These are some of the finest waterfront properties in the Sarasota area…mostly with fabulous views and top finishes. Smart buyers are jumping into our market and finally, making Sarasota home.

There are still quite a few good waterfront buys, contact SalkinSoublis at www.LuxuryRealEstateInSarasota.com. We are here to help make Sarasota your home!

Third Quarter Sales of Luxury Real Estate in Sarasota

01 Oct 2010 Posted by Marcia Salkin in Bird Key, Longboat Key, Siesta Key

Third quarter sales of luxury real estate in Sarasota totalled 10 closed sales of  properties selling over $2,000,000.  All of the properties are on water and located on one of Sarasota’s Keys.

                   Third quarter sales of luxury real estate in Sarasota:

  • LONGBOAT KEY CONDOS
  •                      Water Club #1002      Gulf Front       $2,350,000
  •                      L’Ambiance #801       Gulf Front       $2,000,000
  •                      Regent Place #12A    Gulf Front       $2,300,000
  • LONGBOAT KEY HOMES
  •                      3021 Gulf of Mexico    Gulf Front      $2,400,000
  •                      3556 Fair Oak Lane     Bay Front      $2,200,000
  • 1 BIRD KEY HOME (lot value)
  •                     447  Royal Flamingo   Bay Front       $2,300,000
  • 1 SIESTA KEY HOME
  •                      4039 Shell Road          Gulf Front      $2,625,000
  • 2 CASEY KEY HOMES
  •                     1808 Casey Key Rd      Bay Front      $4,275,000    
  •                       507  Casey Key Rd.    Gulf Front     $5,127,000

Of Interest:

Original list prices had been reduced on every one of these luxury real estate sales.  When the properties were finally priced to today’s market, they sold….(in the summertime when “no one is looking for luxury real estate in Sarasota)!

Prediction:

The up and coming season is going to be a “win/win” for the buyers and sellers of luxury real estate in Sarasota.  Customers looking for waterfront homes and condos have a wide variety of choices–there are excellent properties on the market right now!  With interest rates on jumbo mortgages at an all time low, qualified buyers can NOW afford to purchase luxury real estate.  (A $3 million mortgage today will cost less than $2000 a month than if they would have bought last year).

 Our sellers of luxury real estate are actually going to sell their properties and move on with their lives.  They can, then, take advantage of the downward prices on the buying side!

As always, Salkin & Soublis will be by your side every step of the way as your buy and sell luxury real estate in Sarasota.