Casey Key Real Estate
Island market heating up: Home on Casey Key sells for $7.2 million
Prices for island homes are still heating up.Mary Bernas, a Coldwell Banker agent on St. Armands Circle, reports she was recently involved in a $7.2 million sale on Casey Key.
The four-year-old Spanish Revival beachfront house was sold to a retired Connecticut couple who also own a condo in New York. They plan to winter on the key.
"I looked with my customer for over a year," says Bernas, who became a Realtor five years ago after teaching in public schools for 20 years.
"We looked all the way down to Manasota Key, the Ritz, Orchid Beach, Positano on Longboat. Then they decided they wanted to be on Casey Key. It had the remoteness they were looking for and the beach is right there."
The couple met Bernas "through a friend of a friend" after spending several seasons in Sarasota.
Mark Riley represented the seller, who initially asked $7.5 million for the property. It was appraised a year ago for about $6.5 million.
The Casey Key home is 4,321 square feet, has four bedrooms and includes an elevator. "It has water views from every room,"Bernas says.
Unlike most island properties, this one also contains land on both the beach and bay. The bay side features a boat lift.
"It just had a lot of good things my customer was looking for," Bernas says. "He came down a few months ago, then came down a month later with his wife."
The Casey deal follows several multimillion-dollar sales over the past few years. A few months ago, a Michael Saunders agent closed an $8.9 million sale on Lido Shores.
"Another on Casey Key sold for $6.6 million last year," Bernas says.
The rest of the article can be seen here:
http://www.sarasotaherald.com/apps/pbcs.dll/article?AID=/20050620/COLUMNIST51/506200442/1052/REALESTATE
Prices for island homes are still heating up.Mary Bernas, a Coldwell Banker agent on St. Armands Circle, reports she was recently involved in a $7.2 million sale on Casey Key.
The four-year-old Spanish Revival beachfront house was sold to a retired Connecticut couple who also own a condo in New York. They plan to winter on the key.
"I looked with my customer for over a year," says Bernas, who became a Realtor five years ago after teaching in public schools for 20 years.
"We looked all the way down to Manasota Key, the Ritz, Orchid Beach, Positano on Longboat. Then they decided they wanted to be on Casey Key. It had the remoteness they were looking for and the beach is right there."
The couple met Bernas "through a friend of a friend" after spending several seasons in Sarasota.
Mark Riley represented the seller, who initially asked $7.5 million for the property. It was appraised a year ago for about $6.5 million.
The Casey Key home is 4,321 square feet, has four bedrooms and includes an elevator. "It has water views from every room,"Bernas says.
Unlike most island properties, this one also contains land on both the beach and bay. The bay side features a boat lift.
"It just had a lot of good things my customer was looking for," Bernas says. "He came down a few months ago, then came down a month later with his wife."
The Casey deal follows several multimillion-dollar sales over the past few years. A few months ago, a Michael Saunders agent closed an $8.9 million sale on Lido Shores.
"Another on Casey Key sold for $6.6 million last year," Bernas says.
The rest of the article can be seen here:
http://www.sarasotaherald.com/apps/pbcs.dll/article?AID=/20050620/COLUMNIST51/506200442/1052/REALESTATE
posted by Marc Rasmussen at
6:13 AM
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