Luxury Condominium Sold in Downtown Sarasota for $1,500,000

Posted Dec 11, 2008 @ 2:31 pm, Viewed by 522 Visitors, Read 529 Times.

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.

Sarasota's Hudson Crossing

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.

John Allen, Realtor
Sarasota Real Estate
Allen Real Estate Services, Inc.
7131 Curtiss Ave. Suite 1
Sarasota, FL 34231
941-544-6467

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1 Responses to “Luxury Condominium Sold in Downtown Sarasota for $1,500,000”

Hi John

I liked your post, actually I new something had sold their but I thought it closed for $1,8. Thanks for the update.

jim

Posted 11 months ago
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John Allen

John Allen From the golf course to the beaches, Sarasota Realtor John Allen specializes in luxury waterfront homes, condos and golf course properties. Serving Siesta Key, Longboat Key, Casey Key and Lido Key Florida. Allen Real Estate Services, Inc. 7131 Curtiss Ave. Read More

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