Marc Rasmussen's Blog: Downtown Sarasota Condos


One Hundred Central Condo In Sarasota - Price Reduced

photo Marc Rasmussen

Looking for a great weekend or winter getaway? Take a gander at this cozy end unit condo in the popular 100 Central condos in Sarasota. This is a great place for those who want to walk places in downtown Sarasota. Whole Foods Market is within a few footsteps of this clean, well maintained end unit condo with great city views. Enjoy people watching from your large terrace overlooking downtown Sarasota.

The price was recently lowered from $439,750 to $399,900. These sellers are ready for an offer. Give me a call at 941.812.6272 to view this condo.

One Hundred Central Sarasota

Built in 2005, and in a prime location in the heart of downtown Sarasota. This attractive, light-filled end unit is a short stroll to Whole Foods, The Saturday Farmer's Market,… Read Full Post

Posted: 11 hours ago, Comments: 0, Average Rating: Views: 37

Top 20 Sarasota Real Estate Brokers

photo Marc Rasmussen

Below are the top 20 Sarasota real estate brokers for the last 12 months.

Sarasota Broker Top Sales By Volume Volume  Market Share List Sales Units Avg. Price List Sales Buyer Sales Units Avg. Price Buyer Sale Michael Saunders and Company $720,618 19.60% 831 444.2 903 389.2 Coldwell Banker Residential $477,397 13.00% 979 276 729 284.2 RE/MAX Alliance $341,989 … Read Full Post

Posted: 5 days ago, Comments: 1, Average Rating: Views: 196

Ritz Carlton Residences In Sarasota, Florida - Market Update

photo Marc Rasmussen

The Ritz Carlton Residences and Tower Residences are two flagship condos in downtown Sarasota, Florida. The Tower Residences is an 80 unit condo building adjacent to the Ritz Carlton hotel and residences. They enjoy all of the amenities of the hotel such as concierge, guest suites, spa, room service, fitness facilities, theatre, swimming pool and spa. The Ritz Carlton Residences are the 48 condos within the Ritz Carlton hotel building. Naturally, they enjoy the same amenities as the hotel guests.

Ritz Carlton Condos Sales Update

  • 5 condos sold in 2009 for both buildings
  • Lowest sales price - $800,000 - 1 bedroom, 1 bathroom, 1 half bathroom, 1,392 square feet
  • Highest sales price - $3,300,000 - 4 bedrooms, 3 bathrooms, 1 half bathroom,…
Read Full Post

Posted: 1 month ago, Comments: 0, Average Rating: Views: 244

Sarasota Condos Update

photo Marc Rasmussen

Sarasota Condos

Condos in Sarasota, Florida are very popular. Many people looking to come and enjoy the Sarasota lifestyle don't want the maintenance of a single family home. They want to spend their free time playing golf, swimming in the pool, walking along the beach, dining with friends or perhaps shopping. They want to leave the yard, pool and property maintenance to someone else.

 

 

 

Sarasota Condo Sales Statistics

  • 2009 condo sales - 1,807 units
  • Lowest sales price - $5,000 (boat rack or condo)
  • Highest sales price - $3,330,000 - Grand Bay condo on Longboat Key
  • Average sales price - $256,232
  • Median sales price - $150,000

Just out of curiousity I ran the number for the…

Read Full Post

Posted: 1 month ago, Comments: 0, Average Rating: Views: 209

Sarasota Real Estate Inventory Update

photo Marc Rasmussen

The chart above shows the number of single family homes and condos for sale, under contract and sold over the last 5 years in Sarasota, Florida. The light green lines represent the number of homes and condos for sale. The red line shows the number of properties under contract and the dark green line represents the number of sold properties.

From an owner of Sarasota real estate and a Realtor selling in Sarasota it is great to see the sharp decline in inventory, the rise in pending sales and closed sales. It looks like we still need to absorb some of the inventory in the market. Based on closed transactions we currently have jut over a 10 month supply of properties for sale. Real estate "experts" profess that a 6 to 7 month supply is normal. If we get a…

Read Full Post

Posted: 2 months ago, Comments: 0, Average Rating: Views: 408

Price Reduced To $85,000 On A Downtown Sarasota Condo

photo Marc Rasmussen

Want to live or own a weekend getaway in downtown Sarasota? Check out this studio apartment in the Renaissance condos in downtown. You can walk to all of the amenities of downtown Sarasota - Marina Jacks, Van Wezel Performing Arts Center, numerous restaurants, movie theatres, exercise facilities, tennis courts, Sarasota bay, Ringling bridge, Opera, Florida Studio Theatre and many other cultural venues within a 10-20 minute walk.

750 Tamiami Trail #412

This studio is the perfect pied a terre for occasional visits or cozy home for one . Loved by an artist for many years, owned by the original owner and updated. The unit has been worry-free. Bamboo floors and granite countertops, neutral colors and easy access from parking lot add value to this… Read Full Post

Posted: 3 months ago, Comments: 0, Average Rating: Views: 360

Beachfront Homes Active In Sarasota, Florida - Is The Smart Money Buying?

photo Marc Rasmussen

 

I've noticed something interesting lately in Sarasota, Florida. Several beach front & bay front homes have recently gone under contract. Just off the top of my head I know of 3 beach front homes on north Longboat Key, 2 on Siesta Key, and a bay front home on Lido Key (shown above) for $8,999,000 have gone under contract. There also have been several homes and lots on the beach that have closed within the last 60 days. We just had a home on Bird Key close for $4.75 million.

Is the smart money buying?

Sarasota seems to be forming a bottom. The low end of the market is selling quickly. I cannot imagine prices will drop too much more in that segment of the market. If you ever wanted to get into buying…

Read Full Post

Posted: 5 months ago, Comments: 0, Average Rating: Views: 491

100 Central Condos In Downtown Sarasota, Florida

photo Marc Rasmussen

100 Central Condos Sarasota, Florida

I just listed this chic condo in 100 Central in downtown Sarasota, Florida. This is a 1 bedroom, den, 2 bathroom condo in the heart of downtown. This would be a great winter getaway or the perfect spot for a young professional couple. The unit has 991 square feet and a large terrace overlooking the city. It is an end unit so there are extra windows and the unit is filled with plenty of natural light.

The asking price is $439,750. We used the condo above, unit 401, as a guide for our pricing. It is the exact same floor plan and is currently under contract. The asking price of 401 was $445,000.

Property description:

Located in the heart of downtown Sarasota, this bright end unit is within footsteps of Whole Foods, Marina Jacks, Farmer’s Market,…

Read Full Post

Posted: 5 months ago, Comments: 0, Average Rating: Views: 420
1 2 >>
Marc Rasmussen

Marc Rasmussen I am a Realtor with Michael Saunders and Company servicing buyers and sellers in Sarasota, Florida as well as Siesta Key, Lido Key, Longboat Key, Bird Key, Casey Key and Lakewood Ranch. If I can be of assistance please call me at 800-793-7340 or 941-812-6272. Read More

This User's Stats
Blog Entries: 107
Average Blog Rating: 0
Unique Views: 51,137
Total Views: 53,579
Comments Posted: 68
Comments Received: 165
REW Points: 0
Friends
  • Carolyn Gjerde-Tu
  • Gary Ashton
  • Gulf Coast Associates
  • Joshua Keen
  • Morgan Carey
  • Ryan Ward
  • Spoken Gently
  • tampa4u
  • The Koitz Group