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Buyers we represented recently closed on the sale of Penthouse B in Hudson Crossing. This downtown Sarasota condominium was recently built in 2007. There are only 12 residences in the building. Each unit has its own deeded boat dock. The 4 penthouse units each have there own private rooftop terraces that can be finished with outdoor kitchens.

The seller took a significant loss on the property. It was purchased in December of 2007 for just over $2.2 million. Less than 1 year later, our buyers were able to pick it up for $1,500,000.

Buyers have a lot of leverage in the current market. If you are considering a permanent move or investment in Sarasota real estate, contact us today or visit our website - BuySarasota.com.

The Sarasota Association of Realtors just released the latest market statistics for the Sarasota real estate market. All statistics were compiled on properties listed in the MLS as of November 2008. The stats show higher pending sales as we head into our "season." With the slow economy, we will probably see less visitors in our busy season which runs from January to May. The absorption rate for both condos and homes has reduced significantly from the 2007 data.

Click HERE for a PDF of the press release.

Click HERE for the new stats from the December issue of Sarasota Realtor Magazine.

Sarasota Florida is located 60 miles south of Tampa on the Gulf Coast of Florida. If you have any questions or if you would like to explore the Sarasota area further,…

Lido Key Florida is a small barrier island located just off of the coast from downtown Sarasota. It is situated just south of Longboat Key and just north of Siesta Key. Residents enjoy quick access to the beach and St Armands Circle, Sarasota's world famous shopping and dining destination.

Lido Key Beach

Lido Key has beautiful beaches for residents and visitors.

Lido Key Condos

There are many condominium options on Lido Key. Current prices start at $210,000 for an older 1 bedroom condo across the street from the beach. The highest priced condo is listed for $7.25 million at the exclusive Orchid Beach Club. This penthouse has 6000 square feet of luxury appointments and sits directly on the beach.

You do not have to spend millions to get nice condo on…

We just closed on the sale of 7853 Estancia way in the beautiful golf course community of Prestancia. This grand home has over 6000 square feet of a/c living space. This home is great for for entertaining, both inside and out. The outdoor living space includes an outdoor kitchen and large caged , heated pool and spa. The Home was listed for $1,195,000 and sold for $1,020,000.

Front View

Grand Living Room

             Pool Overlooking Golf Course

If you are interested in buying or selling Sarasota real estate, contact John Allen or visit BuySarasota.com today to start your search.

We just listed 132 Bishopscourt Road in the prestigious Oaks Preserve in Osprey Florida. It is loaded with upgrades and finishes and is being offered for $699,000. The home is maintenance-free meaning all exterior maintenance is taken care of by the association.

If you are considering purchasing a Sarasota home for sale, give us a call at 941-544-6467.

Known for its "Old Florida" charm, Casey Key is one of Sarasota's simpler islands consisting of single family beach homes and just a few inns and cottages. There are no towering hotel chains or beach resorts here, only charming and luxurious estate homes. Casey Key homes for sale range from simple beach villas to sprawling Gulf front estates. Many homes have their own private beach.

With less than 400 homes, both full-time and part-time residents enjoy their private and quiet sanctuary away from the rest of the world. However, the island is only minutes away from all of the culture, shopping, restaurants and amenities Sarasota has to offer. It no wonder why so many high net worth individuals from around the world are drawn to this secluded area. One can…

What a difference a few years makes in the Sarasota real estate market. We just listed for sale a Siesta Key condo at 6008 Peppertree Way. Back in 2005, this property was listed for $965,000. For 2008, We have priced the property at $599,000.

We will be posting more information on our website and the MLS. Call or email us for more details. To learn more about this community, visit the Peppertree section of our website.

Completed in 1960, Bird Key in Sarasota became a boater’s dream neighborhood. With 511 homes and 291 of them on the water, residents with boats take advantage of the deep water canals and bay front parcels with quick access to the Gulf of Mexico.

Today, Bird Key is a highly exclusive, private and prestigious neighborhood made up of doctors, lawyers, elite professionals and even celebrities. Residents of this exclusive community enjoy their privacy.  With a manned gate house, residents are ensured peace of mind that no one will disturb their tranquil abode.

Impeccably appointed, the Bird Key Yacht Club is a very prestigious private social club. Exclusive members locally and from all over the world are offered a plethora of amenities, including, Har-Tru…