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June 2009 eNewsletter

"Click Here" for 4SarasotaHomes.com
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John August
"Your Information Advantage"
John@4birdkey.com
941.373.0038
http://www.4sarasotahomes.com
Michael Saunders & Company
Licensed Real Estate Broker
61 S. Blvd of Presidents Sarasota, FL  34236
941.388.4447 - 941.388.3041

In This Issue

Credit Crisis
Interesting video on history of how the credit crisis came about... Click here to view
Longboat Key, Lido, Bird Key, Downtown and Siesta Key:
2009 Home & Condo Sales
Bird Key...............................Click here
LBK homes...........................Click here
LBK condo...........................Click here
Downt/Lido Homes.............Click here
Downt/Lido condos............Click here

Siesta homes........................Click here
Siesta condo........................Click here 
Anna Maria homes.............Click here
Anna Maria condo.............Click here 
The enclosed statistics are deemed to be accurate but not guaranteed.  They are based on Mid-Florida Multiple List Service information from 1/1/2009 to 6/20/2009.  If your property is presently listed by another broker, this is not a solicitation of that listing.

For Sarasota MLS Listing
click_here_md_wht.jpg 

Miscellaneous News 

$500 "Unconditional Surrender" Contribution
An 88-year-old World War II veteran has pledged $500,000 to keep the controversial 25-foot tall "Unconditional Surrender" statue on Sarasota's bayfront.
Click here for Article

Six Roundabouts
In a major rethinking of a stretch of road designed in the 1950s, city officials want to spend $35 million to add six roundabouts, rip up asphalt, add wider sidewalks and tree-lined medians.
Click here for Article
On Tuesday, the commission essentially shoved those proposals to the bottom of the to-do list. Instead, they want to try building a roundabout at 14th Street or 10th Street, or possibly both. They directed staff to work on the logistics, including the critical question of how to fund construction. Click here for Article

City to clear out boats at Bayfront Park
Today the city will begin moving boaters to other parts of the bayfront, and by August the boaters have to leave for good unless they want to pay the $250 minimum monthly charge to tie up to the new mooring balls.Click here for Article 

Longboat Key Park Expansion
There is a little something for everyone in the plans for the 3.9 acre park expansion.  County estimates the price to be $8 million.  For a map of the improvements. 
Click here to view

Sarasota's University Club closes its doors
The University Club, a Sarasota icon for four decades that was a gathering place for business and pleasure, closed its doors Saturday night. Click here

MSC Sunday Inserts

Reinventing Ourselves
Social networking and understanding the challenging nature of the real estate market.
Click here for full story

Ringling College
Dr. Larry Thompson has reinvented the Ringling College. 
Click here for full story

An Embarrassment of Riches
The name"Ringling" is woven into the rich fabric of Saraosta's History. 
Click here for full story
  

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4th of July Ecard

 BIRD KEY UPDATE

As of 6/24/2006 there are 40 active home listing on Bird Key.  To view active listing click_here_md_wht.jpg 
The active listing range as follow:

     Type        Number           Low                High
Off-Water        14           $550,000        $1,795,000
Canal               16         $1,450,000       $2,895,000
Bay front          10         $2,495,000       $6,800,000

Year to date there are 15 sold properties.   Of the sold 12 were off-water, 2 Canals and 1 Bay front. There are 13 pending properties.

 Twenty-Eight Percent Solution

Graphic1 (WinCE).jpgSubstantial divide between today's average list price and what $1 million-plus properties sell for in Southwest Florida as of May 2009. click_here_md_wht.jpg
A Rift at the Colony

LONGBOAT KEY - Bank of America has filed a foreclosure lawsuit against the Colony Beach & Tennis Resort, claiming that the well-known getaway is in default on about $8 million in loans and fees and has been since January 2008. The suit comes as the resort is battling its association of condominium owners who filed for bankruptcy in an effort to avoid paying as much as $14 million to the Colony for repairs to the beachfront complex.   click_here_md_wht.jpg
To view a map click here

 Pied-a-terre Downtown

770Palm Ave #501 $795,000 click_here_md_wht.jpg
Pied-a-terre_Page_1 (WinCE).jpgYou will be delighted with this fabulously updated condo 1,695 square foot two bedroom two bath condo.  This unit looks like a Manhattan luxury condo, but it is in the heart of Sarasota.  This condo is coolly contemporary with lots of surprises (like the spigot to fill the bathtub coming out of the ceiling). 
 

Lowest Priced Bird Key Canal Home!

484 Meadow Lark $1,450,000 click_here_md_wht.jpg
5 (170x80).jpgGreat value for canal home on one of the most prestigious streets on Bird Key. Only 2 lots in from bay, this home boasts 3 bedrooms and an open floor plan with a caged pool and lanai. Tasteful kitchen with Subzero and Thermador appliances. 
   

Many improvements ahead for Siesta Beach

SIESTA KEY - Sarasota's favorite beach is getting more parking, a bigger concession area, a "grand palm plaza" at its entrance and a long list of other improvements that will cost at least $4 million.   click_here_md_wht.jpg
To view a map of the updates click here

Traffic to come full circle Sarasota Five Points

SARASOTA - It 5-points_round-about_Future_Page_1 (WinCE).jpghas been more than 50 years since drivers in downtown Sarasota had to navigate a roundabout, but that is about to change. Work on two projects downtown is set for this summer. Three downtown intersections -- including Five Points, considered the heart of downtown -- are slated to be transformed into the circular traffic devices common to many European cities. click_here_md_wht.jpg
This summer the city will tear up the intersection at Five Points and put in a roundabout, the latest change for an intersection that has always been the heart of the city.
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An end to subtle change at Turtle Beach

TURTLE BEACH - Popular little Turtle Beach will be getting even better over the next few years. But keep it to yourself.  When you add all the work together -- lifeguard, a gazebo and a host of little projects -- about $2 million of work is slated at the laid-back beach for locals, which has been drawing crowds since its sands were renourished two years ago. click_here_md_wht.jpg 

 April 2009 Statistical Report

The number of properties reported pending skyrocketed to 981 in April 2009 in the Sarasota real estate market, the highest since the boom years of local real estate in the 2003-2005 period and topping the previous month by 21 percent. Overall sales climbed over the 500 level – the first time since June 2008 – and the median sale price for both single family and condominiums rose above the March 2009 figure.   click_here_md_wht.jpg

 Orioles Talking Contract Terms

SARASOTA - A spring training deal between the Baltimore Orioles and Sarasota County may be sealed within weeks. Sarasota officials confirmed details of a memorandum of understanding between the county and the ball club are being finalized. click_here_md_wht.jpg

 A Marketing Advantage

Now is the time when marketing and sales become most valuable and when you need a market Internet savvy agent and the power of a firm like Michael Saunders.  Each of my listings have a unique web address to maximize Internet visibility (http://www.250BirdKey.com).

Click here for even more Valuable Information

For a FREE detailed analysis of your property and a marketing plan, please contact me at (941) 373-0038 or email john@4Birdkey.com.

Michael Saunders & Company
Licensed Real Estate Broker
61 S. Blvd of the President Sarasota, FL  34236 
home: 941.373.0038 cell: 941.320.9795 office: 941.388.4447 fax: 941.981.1402

If you property is currently listed please do not consider this a solicitation

 



 

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John August
Michael Saunders & Company
61 S. Blvd of Presidents Sarasota, FL 34236
John@4birdkey.com
(941) 373.0038
www.4SarasotaHomes.com

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