Sarasota Currently at Top of National Home Inventory Increase List
SARASOTA, FL – According to a newly-released report, the Sarasota metro area is currently at the top of a list that ranks cities across the United States where home inventory levels saw the largest increases over the course of the previous year. The report, published by Realtor.com, notes that the available home inventory in Sarasota […]
Crackdown on Foreign Property Buyers Causing Ripple Effect on Florida Real Estate
TALLAHASSEE, FL – Florida is already feeling a ripple effect from a recent piece of legislation signed into law by Governor Ron DeSantis that restricts foreign investment in real estate from a list of specific countries, despite the fact that the law isn’t set to go into effect until July 1. Senate Bill 264, signed […]
Sarasota Sets Record as Two Neighboring Bird Key Homes Sell in One Day for Total of Over $20 Million
SARASOTA, FL – Bird Key, a barrier island located in Sarasota, Florida, set an all-time record for luxury home sales in early June when two estates sold on the exact same day for a combined total of over $20 million. On June 1, two homes closed within mere minutes of one another, with the first […]
Florida Realtors Announce that June is Officially “Homeownership Month”
TALLAHASSEE, FL – Florida Realtors, the state’s largest trade association that has worked to meet the needs of the real estate community and Florida homeowners for over 100 years, has announced that June is officially National Homeownership Month across the United States. This designation notes the importance of owning a home and how it contributes […]
Over 3 Acres of Downtown Sarasota Purchased by Virginia Developer for $32 Million
SARASOTA, FL – Seven parcels of land in downtown Sarasota – totaling 3.1 acres – located near the Ringling Boulevard and Orange Avenue intersection have been purchased by a Virginia developer for an eye-opening $32 million, representing the one of the most significant real estate purchases in the city in quite some time. The sale […]
Six Bedroom, Eight Bath Resort-Style Sarasota Home Hits Market for Over $16 Million
SARASOTA, FL – A huge, lavish resort-style estate situated on four acres of land in Sarasota, Florida that would be ideal for the ultimate staycation – or for welcoming guests for an extended stay – has hit the real estate market for an eye opening $16.8 million. Located at 8218 Sanderling Road and boasting breathtaking views of […]
Sarasota’s Historic 100-Year-Old Mira Mar Plaza Sells for Over $17 Million
SARASOTA, FL – Sarasota’s historic Mira Mar Plaza, a commercial retail property which has stood the test of time on Palm Avenue for the past 100 years, was sold last week to Miramar Acquisition Company, LLC, with its 40 tenants being informed by email shortly afterwards. The seller, Mira Mar Plaza Associates, LTD, was paid an […]
Canal-Front Longboat Key Home Perfect for Lounging and Launching on Market for Over $5 Million
SARASOTA, FL – Longboat Key is an offshore barrier island running roughly north to south and enclosing the western boundary of Sarasota Bay in Southwest Florida, with the luxury Gulf Coast resort community offering waterfront golf, fine dining, luxury resorts, and 12 miles of white sand beaches. If that sounds appealing to you – and […]
Chinese Residents, Real Estate Firm Sue Florida Over Ban on Property Ownership
TALLAHASSEE, FL – Following a new law in the state that restricts foreign investment in real estate from a list of specific countries, a group of Chinese citizens is suing Florida officials due to the law’s wording that nearly prohibits all purchases of land on the part of Chinese nationals, alleging that the law violates […]
$15 Million Sarasota Home Hits Market with Built-In Rooftop Putting Green
SARASOTA, FL – Affluent individuals who are looking for a new home where they can work on their golf game may be interested to know of a residence in Sarasota, Florida that has just the hit the market for a cool $15 million – making it one of the most expensive single-family homes for sale […]