Tuesday, August 11, 2009

Downtown Sarasota Real Estate Sales Heating Up

Downtown Sarasota condos did well in the last month. In our last downtown Sarasota report, we listed several downtown Sarasota condo options. This report outlines activity in the condos mentioned in our last report. There are 430 condos actively listed in the Sarasota MLS currently in the 34236 zip code area. Sales in the downtown area in July totaled 23 units, excluding Lido Key. With a great selection of condos available downtown and with urban lifestyles popular across the United States, Sarasota will do exceptionally well in the next 10 years.

Residents of downtown Sarasota condos can walk to work as well as shop, dine and attend cultural activities all within minutes of their front door. From 100 Central, residents are steps from Whole Foods, Starbuck’s and the central shopping district of downtown. 1350 Main is a short walk from these locations as well as minutes to the beautiful Sarasota Bayfront. Plaza at Five Point offers luxury living and is minutes from everything too!

Golden Gate Point at the eastern tip of the Ringling Bridge, Lido Key beach condos as well as condos surrounding St. Armands Circle are extensions of downtown Sarasota area zip code: 34236. When searching the Sarasota MLS, these condos are included in the search. The cultural district of Sarasota is also included and such building as Renaissance, Alinari and Broadway Promenade will be in search results for this area also. All of these condos are popular due to their proximity to the downtown area amenities.

Condo Options in Central Downtown & Bayfront

Building Price Range Year Built Units Listed

100 Central $395,000-$1,097,000 2005 8
1350 Main $299,900-$999,000 2007 23
Plaza at Five Points $829,000-$2,999,999 2005 5
Rivo at Ringling $399,000-$1,249,000 2006 10
Tessera $4,995,000 2000 1
Ritz Carlton Tower $1,549,000-$3,395,000 2003 11

Condo Options on Golden Gate Point
Grande Riviera $2,595,000-$5,950,000 2005 3
Harbor House West $415,000-$979,900 1968 3
La Bellasara $1,995,900-$2,700,000 2006 3

For more information on downtown Sarasota real estate, contact John Allen at 941-544-6467. If you are interested in purchasing a waterfront condo in downtown Sarasota, you might consider one of the older bayfront building that overlook Marina Jack’s and Sarasota Bay. We regularly show these condos as well as all Sarasota, Siesta Key, Lido Key and Longboat Key areas. Be sure to let your Sarasota real estate agent know if you plan to bring your pet to your new homes. Each condo building has its own pet restrictions!