Downtown Sarasota Condos Update

In our December, 2008 report on downtown Sarasota condos, we shared information we pulled for a customer from current MLS listings in 1350 Main, Tessera, Beau Ciel, Plaza at Five Points, and Grande Riviera. Downtown Sarasota remains one of the areas we are asked about each day. Buyers moving into Sarasota want to economize by living, working and playing in the same locale.

In this report, we have added One Hundred Central and Sarabande as we have had many calls in the last two months for these downtown Sarasota condos too.

Downtown Sarasota Condos UPDATE - February 27, 2008

1350 Main

Building Type: Highrise
Built in: 2007
Active: 21
Pending: None
*Sold: 3
Price Ranges: $339,900-$1,595,000
**Pets Permitted: Yes

Beau Ciel

Building Type: Highrise
Built in: 2003
Active: 10
Pending: None
*Sold: 2
Price Range: $1,095,000-$8,500,000
Pets Permitted: Yes

Grande Riviera:

Building Type: Highrise
Built in: 2005
Active: 2
Pending: None
*Sold: None
Price Range: $3,750,000-$5,950,000
**Pets Permitted: Yes

One Hundered Central

Building Type: Highrise
Built in: 2005
Active: 5
Pending: 1
*Sold: None
Price Range: $389,000-$995,000
Pets Permitted: Yes

Plaza at Five Points

Building Type: Highrise
Built in: 2005
Active: 5
Pending: None
Price Range: $749,000-$2,999,999
*Sold: None
**Pets Permitted: Yes

Sarabande

Building Type: Highrise
Built in: 1998
Active: 2
Pending: None
*Sold: 1
Price Range: $1,495,000-$1,600,000
Pets Permitted: Yes

Tessera

Building Type: Highrise
Built in: 2000
Active: 5
Pending: None
*Sold: 2
Price Range: $993,000-$4,995,000
Pets Permitted: Yes

All of these downtown Sarasota condos buildings are within walking distance to shopping, restaurants, galleries, downtown bayfront and many cultural activities of Sarasota Florida.

If you are searching for a condo downtown or any other Sarasota real estate, contact Annette Smith for listings, photo galleries, showings, and virtual tours. These sellers are wanting offers on these listings. If you think the market is going down another 25%, write your offer and factor in a reduction in the market -- just write the offer. You might be surprised to find a seller who will work with you.

*Sold data is pulled MLS report of the last six months. Appraisers use comparables of properties sold in the last six months. See our downtown Sarasota condo report for December 2008.
**Check with your Sarasota real estate agent regarding pet restrictions