New listing - Siesta Key Condo Terrace East

I just listed a gorgeous condominium in The Terrace East building on Siesta Key. This building is located in the village of Siesta Key. It offers fabulous views of the beach and crystal clear waters of Gulf of Mexico. Tired of hopping in your car to do anything fun? No need to drive when you live here. This location allows you to walk to the beach, shopping, restaurants, ice cream, entertainment or a drink with your friends.

The condominium is a 2 bedroom, 2 bathroom 1,375 square foot unit on the 4th floor. It has been remodeled with new ceramic tile flooring, new kitchen cabinets, appliances and granite countertops.

Asking price $899,000. To view the unit call me at 941-812-6272.

SKY Sotheby's Luxury Property Auction

SKY Sotheby's hosted another luxury portfolio auction yesterday at The Longboat Key Club. The auction team was much more selective this time. Last November there were over 80 properties for sale which was way too many. I was pleased with some of the results. The highlight of the auction was the sale of 4067 Shell Road.

This home on Shell Road has been on the market since November 2006. It was originally listed for $12,800,000. It was eventually lowered to the current asing price of $9,950,000. This is a good example of how an auction can be successful when the traditional method is not working.

This home at 1644 Dolphin Lane fetched in the 900,000's. I dont remember the exact number but with the 10% buyer premium the final sales price will be just over $1,000,000. This recently built home at 1654 Dolphin Lane in downtown Sarasota fetched $775k which puts the final sales price at $852,500. The above two homes were very nice.

The home above was located in The Sanderling Club on Siesta Key. I don't remember the exact amount it fetched but I believe it was just over $1,100,000. While this number was much lower than the asking price of $1,660,000 I think the final sales price was near market value. Auction haters may go on about how low this fetched compared to the asking price but that is going to happen when the asking price is too high.

These were great units near Bradenton beach. There were 3 of them in the auction and all fo them sold. They have partial views of the bay and the gulf! Every amenity including elevator, full use of the bayfront pool and dock, attached garage, beautiful finishes throughout and only 1 block to the white sand beaches.

This is Hudson Crossing on Orange Avenue west of the trail. These were finished in 2007. It is a small community of 12 units offering bayou views and sailboat water. They are very nice. This was put under contract shortly after the auction. There were other sales and I am sure a few more of them will come together over the next few days. Overall, I think it was a very successful day. Love them or hate them auctions can be successful for some people. They aren't for everyone. In fact, they probably aren't for 99% of the general selling public. There are situations where they can be useful. If you want to buy or sell in the next auction give me a call at 941-812-6272.

SKY Sotheby's Spring Auction

SKY Sotheby's is pleased to announce the date of our Spring 2008 luxury portfolio auction. The event will take place Friday April 11, 2008 at The Longboat Key Club. This time we are allowing only 50 luxury properties in the auction. More information: SKY Sotheby's Auction

Buyers

Sellers

For more information email marc.rasmussen@skysothebys.com or call me at 941-812-6272.

Condo on Siesta Key

Our client wanted some better photos of her Peppertree condo that we are marketing. So we had our photographer go out there and do a reshoot. They turned out great in my opinion. Below are a couple of the new photos. What do you think?

(photos removed)

I am amazed at some of the grainy, dark and horrible photos that real estate agents use to market their properties. In a market like this you really need to stand out from the rest of the pack. Good photos certainly help do that.

Longboat Key Condo - Under Contract

My client just put this gorgeous two bedroom/two bathroom condominium in Sunset Beach under contract. It is listed by Hannerle Moore with SKY Sotheby's.

Property description:

Uninterupted and spectacular full gulf and sunset views from every room. Direct beach front Sunset Beach condominium with sweeping views all the way up Longboat Key to Lido Beach. Largest two bedroom floor plan with great kitchen, laundry room, master suite, guest room, large living room and balcony. Beautifully decorated and pristine with Bahama shutters and new appliances. Sunset Beach is a true island gem located in a lush tropical setting with a large heated, beachfront pool & hot tub, gorgeous white sand beach for miles and miles of walking and miles of bike paths around the island. Asking price of $850,000.

There are some great values on Longboat Key. Looking for a beach front condominium with breathtaking views? Go to my Longboat Key condo page and view everything for sale. Call me at 941-812-6272 or email me if I can help find you one.

Peppertree Condo For Sale

We just listed a gorgeous beach front condominium in Peppertree Gulfside. This town home offers breathtaking unobstructed gulf, beach and sunset views and is located within steps of the world famous white sands of Siesta Key. This unique 3 bedroom beach front condo boasts several picturesque windows from the living area and master bedroom that provide generous natural light and stunning views. This popular gulf to bay condo development offers two swimming pools, clubhouse, exercise room, tennis courts and great management. Asking price is $1,050,000.

To see this stunning Siesta Key condo please call me at 941-308-6491.

Just Sold on Longboat Key

This Beachwalk condominium on Longboat Key listed by a SKY Sotheby's agent recently sold for $2,850,000.

Property Description:

Simply gorgeous, direct beachfront home at Beachwalk of Longboat Key. 5,000 sq. ft. of incredible gulf, sunset and beach views from all the major rooms of this beachfront home. The master suite encompasses the entire beachside of the top floor with sweeping beach views from the master bedroom w/ fireplace and bath, private den, two seating areas and a private screened lanai. This 4 bedroom home has exquisite hand crafted detailing throughout and includes: crown moldings, hand painted ceilings and frescos, 3 fireplaces, private elevator, 3 beachfront terraces and a private 3-car garage.

Fall 2007 Luxury Auction a Success

SKY Sotheby's International Realty and Dan Decaro Auctions conducted an auction Friday, November 16th. It was held in a large tent at The Longboat Key Club.

There were 79 properties on the auction block. One newspaper article reports 30 successful sales but I will verify that number this week. We also have plenty of after auction action. I am working with a buyer on one of the properties that did not sell. There are also several other properties in negotiations.

The largest Sarasota county residential real estate transaction was established at the auction. The Casey Key estate known as Sugar Bay fetched $14 million.

The waterfront Georgian mansion below sold for $6.1 million.

Another notable sale was 204 Bird Key drive. The highest bid was $4 million.

"We are ecstatic about the outcome of today's auction and are moving forward with another auction of luxury properties on March 16," Sky Sotheby's Chad Roffers said. "We already have 23 sellers committed. Other sellers who are interested in participating should contact us immediately since space is limited."

Contact me or call 941-308-6491 if you would like to sell your property or buy in our March 2008 auction.

SKY Sotheby's Luxury Property Auction

I just added a list of properties for sale in the SKY Sotheby's Auction held at The Longboat Key Club on November 16th, 2007. Take a look to see if you find anything interesting. We will auction off luxury homes and condos at various price points and locations. Many of the propertes will be sold absolute. Call me at 941-308-6491 or email me to register for the auction.

SKY Sotheby's Luxury Property Auction

Read the article in today's Sarasota Herald Tribune about our upcoming luxury property auction on November 16th. We have assembled a diverse group of luxury homes and condominiums in Sarasota and Manatee counties for the auction. Nearly $1 million has been invested into marketing the event with advertisements in local newspapers, the Wall Street Journal, Forbes magazine and others.

Properties in the auction range from $500,000 to $20 million. If you have been looking to purchase a home or condo in Sarasota this may be the perfect opportunity for you. Contact me at 941-308-6491 to attend the auction.

SKY Sotheby's Property Auction

SKY Sotheby's International Realty is pleased to announce that we will be hosting another multi-property auction on November 16, 2007. This auction might interest a seller who has tried the traditional home sales process with no success and would like an alternative method.

Follow this link for more information: SKY Sotheby's Property Auction

Seller Benefits:

The seller is in more control of when the property will sell

Buyers are required to compete within a tight timeframe

Exclusivity - There will be a limited number of properties in the auction with a tremendous amount of exposure. Sellers will stand head and shoulders above the 14,000 other listings in Sarasota and Manatee counties

No drawn out negotiations

Non refundable buyer deposit

Cash, as-is sale

Closing within 30 days of contract

Extensive local, national and international advertising to promote your home

Buyer Benefits

Possibility of purchasing your next home at current market prices

No drawn out negotiations

Please contact me or call 941-308-6491 if you are interested in becoming a buyer or seller in the SKY Sotheby's International Realty Fall 2007 auction.

This blog made the newspaper

An article about my blog made the Monday business section of the Sarasota Herald Tribune. Take a look at it here: http://heraldtribune.com/apps/pbcs.dll/article?AID=/20070611/COLUMNIST59/706110438/1201/REALESTATE

Thanks for the write up Patrick.

Recent sales of luxury homes in Sarasota

Here are four luxury homes that have sold recently in Sarasota.

826 Norsota Way



This 5 bedroom, 6.5 bath new home is located on one of the most sought after street in Sarasota - Norsota Way. Thoughtfully planned with casual elegance and entertaining in mind, the comfortably scaled rooms are filled with sunlight. Sensuous lines and soft corners create a serene atmosphere enhanced by gracious outdoor terraces and softly lit gardens. Luxurious finishes include cherry and cypress woods, Venetian plaster, Murano glass, travertine, granite, onyx, oil-rubbed bronze, copper and cast stone. This home was listed by SKY Sotheby's International Realty and was sold on May 23rd, 2007 for $2,625,000.

120 South Warbler Lane



This lovely 4 bedroom, 3.5 bath waterfront home is located on popular Bird Key. Dazzled by the great room entrance, this stunning new home offers 4800 sf of the ultimate in casual elegance, perfectly poised to capture views of gorgeous Sarasota Bay. Located on a protected boat basin with direct access to the intercoastal & gulf. Beautifully appointed interior features include an entertainment bar, a large theatre/media room with wet bar, ambience lighting, bamboo/marble flooring, an elevator services all floors and much more. Listed by SKY Sotheby's International Realty this home sold May 31st, 2007 for $2,150,000.

2823 Dick Wilson Drive



Would you rather be closer to the golf than the Gulf? This home has some of the prettiest front doors I have seen in Sarasota. This 3 bedroom, 5 bath home in Laurel Oak Estate offers 4,986 square feet of country club living. This home was listed by SKY Sotheby's International Realty and sold on May 24th, 2007 for $1,100,000.

After Auction Action

Take a look at this article from the Sarasota Herald Tribune - Sky Sotheby’s auction spurs buyers to drop millions more.

It talks about the success of the SKY Sotheby's/J.P. King auction held last week at The Ritz Carlton. The article mentions the post auction activity on the properties that did not sell. We expected properties to sell prior to the auction as well as after it. Before it is all over Chad Roffers, president of SKY Sotheby's, expects about $32 million dollars of property to sell.

We are planning on having another auction later in the year. If you have an interest in selling your property contact me at 941-812-6272 or email me.

SKY Sotheby's/J.P. King Property Auction

Yesterday we had our spring portfolio sale at The Ritz Carlton in downtown Sarasota. Over 300 people attended the exciting event which was the areas largest luxury home portfolio auction ever presented in a single swoop. I think it went very well and most who attended considered the event to be very successful.

Several properties sold prior to the auction. The Sarasota Herald Tribune reports property sales of almost $16 million. The largest sale was a mansion in Lakewood Ranch on Cowcamp Lane. The 14 acre, 7 bedroom, 11,000 square foot home with a 22 stall barn sold for $6,000,000. Typically, transactions occur after the auction so we will get a tally in a few days as to the total dollar volume of properties that sold.

Chad Roffers, SKY Sotheby's president, worked very hard on this auction and did a great job.

Sarasota Herald Tribune article

Sotheby's International Realty Conference

I was at The Phoenician Resort in Scottsdale, Arizona this week for the Sotheby's International Realty Convention. I was really impressed with the international reach of Sotheby's. We have affiliates all over the world to help sell your home. With the current real estate climate it is important to not only attract buyers on a local and national level but also internationally as well.

Please contact me if you are thinking of selling your home and would like to hear how the Sotheby's affiliation would benefit you. My cell phone is 812-6272.

SKY Sotheby's/J.P. King Property Auction

In May of 2007 SKY Sotheby's International Realty and J.P. King Auctioneer company are teaming up to hold a multiple property auction. We see this as a way for select sellers to differentiate their properties in a crowded marketplace, sell within a specific time period, and draw prospective buyers from a broader geographic area. Keep checking in for more information on this exciting event.

A Busy January

My office was very busy in January. With a relatively small office we put a little over $52,000,000 of real estate under contract in the month. That is a positive sign for this market. Good work to all of the agents at SKY Sotheby's International Real Estate.

SKY Sotheby's sells luxury home on Casey Key

Take a look at this luxury beachfront home on Casey Key that my firm recently sold. The 7,556 square foot home with 5 bedrooms, 5 bathrooms, and 3 half bathrooms was built in 2003 and sat on over a half an acre on the beach overlooking the Gulf of Mexico. The home closed this week for $8,500,000.