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Greetings Georgia,
It's peak season and Sarasota is vibrant. Residents and visitors delight in the warm climate. The arts and cultural community are in full swing. Eateries and rooftop bars are filled with chatter and clinking glasses. Beaches are dotted with colorful umbrellas. And shoppers are strolling downtown, Siesta Key Village, and St. Armands Circle.
In this issue, I feature an amazing new project, Peninsula Sarasota on Golden Gate Point, and an opportunity to learn more about it; what's on the market for $700,000; current real estate trends, and other news.
See something that piques your interest? I'm always here to answer any questions. Feel free to call, email, or text me with queries, curiosities and to say hello.
With your expectations in mind,
Georgia
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Peninsula Sarasota
Ultra-Luxe Boutique Residences on Golden Gate Point
Life on Point. I am excited to introduce you to Peninsula Sarasota, an ultra-luxury boutique condominium project that I am working on with Coastal Luxury Home and Gault Family Companies. Set in a tranquil, gated tropical sanctuary on Golden Gate Point, Peninsula Sarasota will be a private residential community within walking distance of downtown Sarasota and minutes to St. Armand's Circle and the beaches.
Peninsula Sarasota features two modern, boutique buildings with 23 residences and only one or two condominiums per level. There are spacious living areas, the finest designer finishes, expansive private terraces, and dramatic water views. Building amenities will be located between the two buildings offering a resort-style pool, fitness center, and more.
If you are interested in receiving preview floor plans as they are released, register on the Peninsula Sarasota Priority Interest List at PeninsulaSarasota.com.
The Sales Gallery is now open by appointment at 127 South Pineapple Avenue, Sarasota. Contact me for an appointment and details.
Three-bedroom floor plans, some with dens
Residences range from 2,338 - 3,045 SF
Starting at $2 million
Expected completion: early 2024
Listed by Georgia Salaverri, CB Realty Sarasota
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What you get for $700,000 in Sarasota | |
Which new home would you choose? A villa on Lido Key, a new townhouse in University Park, or a lakefront home in Lakewood Ranch or Palmer Ranch? | |
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800 S BLVD OF PRESIDENTS
SARASOTA, FL 34236
A lovely Villa in a small complex of 20 Villas on Lido Key. Featuring vaulted ceilings, first-floor Primary Bedroom with private bath, and Loft with second bedroom. The Community allows Bi-Weekly Rentals 26 times per year. Assigned Carport Parking Space and Guest Parking available. Pet friendly. Lido Nature Park is just a short walk away. Walkable 2 blocks to St. Armand's Circle and a 12-minute drive to downtown Sarasota.
$695,000
Bedrooms: 2
Bathrooms: 2
Sq. Ft.: 1,060
Type: Villa/Condo
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7730 HIDDEN CREEK LOOP
LAKEWOOD RANCH, FL 34032
Under Construction. A brand new townhouse on a premium lot overlooking a natural preserve in Hidden Creek in Lakewood Ranch. Large 3 bedroom 2.5 bath with 2 car garage. The kitchen features GE Profile appliances, double sinks, 8-foot doors, 10-foot ceilings, and many add-ons, including an optional elevator. Pre-construction allows the new owner the opportunity to choose colors and upgrades. Minutes from University Town Center Mall, 1-75, a quick drive to downtown Sarasota and beaches.
$659,600
Bedrooms: 3
Bathrooms: 2 | 1
Sq. Ft.: 2,440
Type: Townhouse/Condo
Completion: est. Oct. 2022
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7109 VICTORIA CIRCLE UNIVERSITY PARK, FL 34201
A Mediterranean-style lakefront home located in the sought-after gated Community of University Park. Open space living and dining rooms. Kitchen with stainless steel appliances, ample counter space, breakfast bar, and custom-built island opening to the living room. Spacious lanai overlooking the lake. University Park Country Club is known for its championship golfing, tennis courts, community pool, recreational and social activities. Minutes from University Town Center Mall, 1-75, a quick drive to downtown Sarasota and beaches.
$699,000
Bedrooms: 3
Bathrooms: 2
Sq. Ft.: 1,735
Type: Single-Family House
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7249 BRAMBURY COURT
SARASOTA, FL 34238
A Mediterranean-style lakefront home located on a cul-de-sac in South Hampton on Palmer Ranch. Meticulously maintained home with a Great Room split plan design. Updated interior finishes include a remodeled kitchen with natural maple wood cabinets and granite countertops. Resort-style heated, saltwater pool, spa, and large covered lanai. The Primary Suite has two large walk-in closets. Overlooks lake and nature preserve. Close to Legacy Trail, golf courses, shopping, restaurants, I-75, quick drive to downtown Sarasota and beaches.
$685,000
Bedrooms: 3
Bathrooms: 2
Sq. Ft.: 2,198
Type: Single-Family House
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January 2022 by the Numbers
Year-over-Year
Number of closed sales
- Single-family: 653 / -2.0%
- Townhouse-Condo: 349 / -23.5%
Cash sales
- Single-family, 305 /+36.6%
- Townhouse-Condo 322 /+20.4%
Median sales price
- Single-family: $464,500 / +13.4%
- Townhouse-Condo: $350,000 / +15.8%
Median time to contract
- Single-family: 7 days / -63.2%
- Townhouse-Condo: 7 days /-75%
Month's supply of inventory
- Single-family: .06 / -50%
- Townhouse-Condo: .06 / -71.4%
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Sarasota Market
Rising Home Prices and Record-Low Inventory
The 2021 housing market was a record-breaking year of residential sales in Sarasota County. Data reported at the end of December 2021 revealed a strong finish with a trend toward higher prices, lower inventory, and fewer sales than in the same month in the previous year.
In early 2022, the momentum and demand for housing continued in the Sarasota Metro region. In January, the housing inventory remained a record low. Properties sold quickly. Cash sales continued to dominate. The median time from listing to contract was 7 days. And, most properties were sold at 100 percent or above the original list price.
The numbers continue to demonstrate it's a great time to sell. Let me know if you are thinking about it; I can help you through the process.
For more information, contact me directly by email or 954.661.8968
Note: Data was pulled from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM).
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Warm, crusty Cuban bread slathered with butter, the garlicky goodness of the "1905" Salad (my favorite) and Spanish bean soup flavored with chewy bits of Chorizo – of course, everything goes with a good pitcher of house-blended sangria – that's what I love about Columbia.
¡Buen provecho!
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Columbia St. Armand's nominated for prestigious International prize.
With Old-World charm and award-winning Spanish/Cuban cuisine and wine, the family-owned Columbia on St. Armand's Circle has been serving great Century-old family recipes since 1959. It's Sarasota's oldest restaurant.
The story of Columbia is fascinating. The original Columbia Restaurant was established in Tampa's Ybor City neighborhood by a Cuban immigrant Casimiro Hernandez, Sr., in 1905. It's Florida's oldest restaurant. Over the years, Columbia expanded to 7 locations throughout Florida, including St. Armand's. Five generations later, it's still owned and operated by the Hernandez/Gonzmart family. READ HISTORY.
Recently, Columbia was named one of five finalists for the prestigious "Family Sustainability" award by Primum Familiae Vini, an invitation-only organization of 12 of the world's most historic and lauded wine producers. The award recognizes companies that demonstrate excellence in sustainability, craftsmanship, and the successful transfer of responsibilities and commitment from one generation to the next. The winner will be announced in March. The prize is a 100,000 euros ($114,000) grant and international recognition
Columbia is casual and carefree during the day, jazzy and glamorous at night, and a wonderful place to celebrate a special occasion.
Columbia Restaurant
411 St. Armands Circle
Sarasota, FL 34236
941-388-3987
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"Travelers have been raving about the white powder sand in Tripadvisor reviews, calling it a 'great beach for people watching, sunsets, breakfast/morning.'" | |
Guess where the #2 Beach in the U.S. is (again)? | |
Sarasota's most famous stretch of powdery quartz crystal sand is once again in the national spotlight.
For its annual Traveler's Choice Awards Best of the Best Beaches, Tripadvisor named Siesta Beach No. 2 in the U.S. and No. 14 in the world. These awards are based on authentic reviews from travelers on Tripadvisor throughout 2021.
Also, in the news, the Wall Street Journal recently published an article, "Where to Find Florida's Best Beaches: Try these Five." The five distinctive isles with beautiful beaches include Siesta Key, Gasparilla, Amelia Island, Sanibel Island, and Fisher Island.
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Beyond Van Gogh:
The Immersive Experience
UTC: March 4 - April 24
Beyond Van Gogh is a new, immersive experience using cutting-edge projection technology accompanied by an original musical score. The exhibit incorporates 300 Van Gogh masterpieces flowing still and moving art. It is projected across every surface of the 30,000 SF space, making you feel like you have stepped directly into a Van Gogh painting.
Beyond Van Gogh is the concept of French-Canadian creative director Mathieu St-Arnaud and his team at Montreal’s Normal Studio. It has been receiving rave reviews across the country and Canada. Tickets are now on sale.
Starry Night Pavilion, East District at UTC
195 University Town Center Drive
Sarasota, FL 34243
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DAY TRIP
Picasso and the Allure of the South at the Dali Museum
St. Petersburg, FL
Looking for an idea for a fun day trip? There's a great exhibit at the Salvador Dali Museum in St. Petersburg. Picasso and the Allure of the South now through May 22. It features some of Picasso’s most creative and prolific artistic works from his extended sojourns in the mountain towns of northern Spain and along the Mediterranean Coast of France.
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