John Allen's Blog: Downtown

One Hundred Central is a newer condominium on the corner of Main Street and Central Avenue. Current listings range in price from $390K for a one bedroom condo up to $1.097 million for a three bedroom townhouse.

Expect a wow factor as you enter its grand lobby and on the fifth floor which houses all of the residents’ amenities. The entire building has eleven stories, beginning with ground level retail, and a parking garage followed by nine levels of residential living. All ninety-five residences are constructed above an incredible retail complex that offers opportunities for commercial investment.

Located in the heart of downtown, 100 Central is in close walking distance to many of Sarasota’s finest restaurants, the Opera House, the Selby Library and the…

Once again the Sarasota FL MLS has released the July 2009 stats showing positive signs for the Sarasota real estate market. Sales are up 29% from July 2008 indicating a recovery could possibly be in the works for this popular coastal destination.

You can read the entire pdf file and statistics here. Inventory levels are continuing downward and best selections of property on the barrier islands: Siesta Key, Casey Key, Bird Key, Lido Key and Longboat Key will dwindle as the real estate/condo market becomes more balanced between a buyers market and a sellers market.

Sarasota offers beautiful beaches, cultural amenities and a warm climate – a great place to live, work and play! Sarasota has been in the forefront of the “destination” news lately showing up on…

Buyers we represented recently closed on the sale of Penthouse B in Hudson Crossing. This downtown Sarasota condominium was recently built in 2007. There are only 12 residences in the building. Each unit has its own deeded boat dock. The 4 penthouse units each have there own private rooftop terraces that can be finished with outdoor kitchens.

The seller took a significant loss on the property. It was purchased in December of 2007 for just over $2.2 million. Less than 1 year later, our buyers were able to pick it up for $1,500,000.

Buyers have a lot of leverage in the current market. If you are considering a permanent move or investment in Sarasota real estate, contact us today or visit our website - BuySarasota.com.

The Sarasota Association of Realtors just released the latest market statistics for the Sarasota real estate market. All statistics were compiled on properties listed in the MLS as of November 2008. The stats show higher pending sales as we head into our "season." With the slow economy, we will probably see less visitors in our busy season which runs from January to May. The absorption rate for both condos and homes has reduced significantly from the 2007 data.

Click HERE for a PDF of the press release.

Click HERE for the new stats from the December issue of Sarasota Realtor Magazine.

Sarasota Florida is located 60 miles south of Tampa on the Gulf Coast of Florida. If you have any questions or if you would like to explore the Sarasota area further,…

We just sold unit 401 at La Bellasara on Golden Gate Point for $2,250,000 which was 84% of the full asking price of $2,650,000. Our buyers upgraded from a smaller unit they own downtown. This luxury condominium has 3384 square feet and panoramic view of downtown Sarasota, Marina Jacks and Sarasota Bay.  The interior is complete with marble baths, travertine flooring and gorment kitchen with top-of-the-line appliances. Take a look at the details of this special listing: http://sar.mlxchange.com/Pub/EmailView.asp?r=1484150647&s=SAR&t=SAR

For more information on La Bellasara, visit our Golden Gate Point section where you'll find detailed information and all current active MLS listings.

An exquisite view of Sarasota Bay and even the Gulf of Mexico is just the tip of the iceberg for residences of Alinari at Rosemary Place. Besides being located in the center of the arts district and just minutes away from Downtown Sarasota, St. Armand’s Circle, Lido Beach and many fine restaurants and shops, this condo offers an array of amenities that gives you reason to stay home more often.

With a gorgeous resort-style pool and cabanas, one can get away from it all and still be an elevator ride away from home.  Other amenities include, a billiard room, fitness center, guest suites, wine storage, business center, climate-controlled storage and many more.

Alinari offers 204 units on 17 floors, many with breathtaking views of the Bay.  Just imagine…