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Downtown Community Development update

by Roger Pettingell

New construction update in Sarasota

Azure on Palm latest development in downtown

Azure on Palm downtown residences
Azure on Palm - Groundbreaking is expected in Spring for this 16-residence downtown community.

I have been reporting a lot lately on the low inventory of properties on the high-end market in Sarasota. Developers have been working hard downtown with projects for new residences that are in a one-square mile district defined by the Downtown Community Redevelopment Authority (CRA). The organization recently released its current update report.

One of the newer projects on the report is opening its sale office soon for 16 residences at 711 South Palm. Azure on Palm is a classic contemporary building with a perfect balance of livability and luxury on five floors, the first floor is a parking level. The upper floors offer a great view of Sarasota. There are four 10-foot ceiling floor plans on levels two through four to choose from, starting at 2,583 square feet for the Palm and Pineapple layouts to 2,724 under air for the Ringling and Orange floor plans. These spacious units are provided with three bedrooms and three full baths each. The four luxurious penthouses with 11-foot ceilings have combined square footage of 5,500 for inside and outside living arrangements.

The kitchens at Azure on Palm offer Artisan-crafted, European style custom cabinetry and a custom eight-foot gathering island. Custom Caesarstone countertop and walk-in pantries are also included in each residence. The chef-quality stainless steel appliances complete the kitchen arrangements. The Caesartstone countertops extend to the exclusive spa-inspired bathrooms.

Azure on Palm living room
Exquisite open plan living room of Azure on Palm.

There will be many amenities included in this community, beginning with concierge desk service. You will be able to relax in the resort-style heated swimming pool and spa. A poolside bar and grill, cabanas and open fire pit increase the luxury atmosphere. Azure on Palm is pet friendly with its own private Paw Park. A fitness room with high-quality exercise equipment is available to residents. Each owner will have two assigned secure under-building parking places.

Groundbreaking is expected in the Spring for the project with completion expected the following year. You can call our office for more details and I will be heading the team of sales associates for these residences. I have established a local number for reservations at (941) 677-3278 and will establish a sales pavilion on-site in December.

If you drive downtown you can’t help but notice the construction of other downtown high-rises. The Jewel at 1301 Main Street and One Palm Avenue with 138 hotel rooms and 139 condominiums is framed in with interior construction underway.

One of the largest construction sites in nearly a decade is the Vue Sarasota at the corner of Ringling and Tamiami Trail. This community will finish with a residential tower of 141 units to be completed in the Winter of 2017 and offer 255 hotel rooms operating as the Westin when completed in the Fall of next year. On-site there are plans for a 14,000 square-foot grand ballroom and two junior ballrooms. I have included two progress photos at the bottom of this report.

Max and Jake REALTALK™ video for Thanksgiving
Special family holiday edition of REALTALK™.

I hope that you and your family had a happy Thanksgiving last week. I posted a special edition of REALTALK™ #68 with my sons as a family to express our thanks for the year. This was a wonderful moment for me to share the holiday and have Max and Jake by my side with their reasons to be thankful. I have a lot to personally be thankful for, including the business of clients that are either buying or selling property in the Sarasota area. I am on target to finish 2015 with $71 million in closed sales.

Last week I posted two new luxury home listings, the first is a Gulf-to-bay estate for sale at 1232 North Casey Key Road in Osprey. An updated home for sale on Siesta Key is my second listing with dock, boat lift, heated swimming pool and waterfall feature. Also, see the price change today of this beautiful waterfront estate built by Murray Homes Construction. It is new and never lived in, a must see contemporary home. Please contact me at (941) 387-1840 if you have a property to sell or buy.

1232 North Casey Key Road $7,500,000 Video Photo Slideshow
620 Mangrove Point Road $2,795,000 Video Photo Slideshow

 

Vue construction in April 2015 Downtown Westin construction in November 2015
Sarasota Vue progress - Photo on left in April of 2015 compared to the progress shown in the November 2015 photo on right. Work on the new downtown Westin hotel with 255 rooms and 141 residences in the Vue Sarasota is progressing with an expected winter of 2017 completion date for both sections.

 

New high-end listings, Part II

by Roger Pettingell

Seven new high-end listings last week

Part II of A-plus featured homes on the market

10862 Leafwing Drive in Sarasota
Pool-centric - Enjoy many hours around the pool at this new listing in Forest Hi Hat Ranch.

This is the time of year where we head into the holidays, welcome back vacationers and review our numbers for the year. I get a good idea on how I am going to finish for the year before the Thanksgiving holiday. Last year I completed with volume sales of $66.7 million of real estate on Longboat Key and Sarasota. It was another record year of sales for me. This year I am on pace for another record year with over $68.5 million total sold and another $7 million pending, a total of $75.5 million. I also had 28 listings the week before Thanksgiving last year and have 38 listings currently.

Last week I reported on the high-end market of new listings, and highlighted the trend in the last two segments of REALTALK™. I have seven new listings in Sarasota and Longboat Key last week that I can report in Part II of this series.

There is an amazing house in the Forest Hi Hat Ranch subdivision of Sarasota, at 10862 Leafwing Drive. The location is great for this property, a short drive to I75 for travel and Siesta Key for the beach. This home is mesmerizing as it is centered around the heated pool area with a living area that includes a waterfall, spa, sun shelf, a full outdoor kitchen, fire pit and covered cabana. The 6,700 square foot home sits on 3.29 acres with four bedrooms built by Arthur Rutenberg, our highest selling home of the week at $3.6 million.

646 South Owl Drive
Deep-water canal and pool are amenities that embellish this Bird Key home for sale.

Our second highest listing last week is located on Bird Key at 646 South Owl Drive. It is a four bedroom home also for just under $1.7 million. This is a beautiful home on deep sailboat waters and 110 feet of water frontage. The designer finishes and custom upgrades make this home a rare opportunity to live in a wonderful home in this prestigious community. Recent customized updates include a newer roof, all new windows and sliders, refurbished Butler’s pantry with a new full-sized wine cooler and personalized crown molding. It includes a recently resurfaced heated pool and spa.

On the northern end of Longboat Key in the Sleepy Lagoon subdivision, my new listing at 536 Lyons Lane is updated inside and outside. Also situated on a deep-water canal it is ideally suited for the boating enthusiast with unobstructed access to Sarasota Bay. The dock has been recently updated with new pilings, includes shore power and five-ton lift. Beach access is close and it has a its own heated pool and spa.

8764 Midnight Pass, #402A
Sarasota new listing - This new listing at Island Reef is conveniently located on Siesta Key.

Nearby around the middle of the island we have two new listings, the first is at the Shore, a rare-find right on the Gulf of Mexico beach shoreline. The Shore has plenty of amenities and is pet-friendly. A little south of the Shore is our new listing at 4600 Gulf of Mexico Dr, a penthouse in the wonderful community of Windward Bay. There are panoramic views of Sarasota Bay. Boat dock access is available for a fee to owners in this community. Another residence in Manatee County on Longboat Key is our new listing at 4350 Chatham Drive, #E104 in Longboat Harbour. Longboat Harbour has many amenities and also includes dockage for a nominal fee, with unobstructed bay access for boating.

In the quiet community of Island Reef on Siesta Key is our new listing at 8764 Midnight Pass Road, #402A. This 2BR/2BA residence has a private community beach, boat docks, tennis courts, two heated pools, clubhouse and fitness room.

Please contact me at (941) 387-1840 if you have a property to sell or buy. Here are the listings discussed in this article.

10862 Leafwing Drive $3,600,000 Video Photo Slideshow
646 South Owl Drive $1,699,000 Video Photo Slideshow
536 Lyons Lane $739,500   Photo Slideshow
5757 Gulf of Mexico Dr, #202 $699,000   Photo Slideshow
8764 Midnight Pass Road, #402A $549,000 Video Photo Slideshow
4600 Gulf of Mexico Dr, #PH4 $449,000   Photo Slideshow
4350 Chatham Dr, #E104 $249,000   Photo Slideshow

 

A-plus, high end homes on the market

by Roger Pettingell

Check out these high end listings

Luxury waterfront homes in your place of choice

REALTALK #66 - High end construction
REALTALK™ #66 - Buyers have specific requirements in high end waterfront homes.

Some things change, and some things stay the same. Sarasota continues to receive recognition for its retirement notoriety. Sarasota was listed by Livability.com as second, and the only city listed in Florida, among the best places to retire in 2015. Behind only Santa Barbara, CA, Sarasota claimed its fame on this list for cultural arts and health care. I pointed out in REALTALK™ #66 last week how the housing market has had a slight shift to the A-plus luxury market and pointed out some reasons in my REALTALK™ #65 the previous week on October 28.

Five of my six new listings last week were opened up on the market over one-million dollars, indicating the change. I am comfortable with the diversity of locations, from the upper tip of Anna Maria Island to Bird Key. Other homes coming on the market will follow a similar pattern of A-plus listings. It is an indication that sellers on the high-end market are feeling more comfortable.

604 Mourning Dove Drive, Sarasota
A classic at 604 Mourning Dove Drive.

The home at 604 Mourning Dove Drive on Bird Key is an immaculate waterfront residence. This newer home built in 2006 was upgraded throughout. It has new landscaping and new irrigation system on one of the more prestigious roads on Bird Key. The master suite on the first level has an updated bathroom and workout room. The second level is devoted to guests with two bedrooms, a social room and wet bar. It also features an office and guest level access to the waterfront terrace. The pool and dock with lift on a waterway that provides unobstructed Sarasota Bay access are wonderful additions to this classic estate selling for $2.995 million.

On Holmes Beach, the home for sale at 699 Key Royale Drive is pristine waterfront living. This home has classic finishes and designer details. For the avid golfer it is located across the street from the only golf course on the island. Amenities include a heated swimming pool and spa with plenty of outdoor entertaining areas. Deep water dockage completes this home listed at $2.499 million.

3588 Fair Oaks Lane on Queens Harbour
3588 Fair Oaks Lane - Beautiful upgrades garnish every room of this Queens Harbour listing.

Back to Longboat Key and the gated community of Queens Harbour, you can move right into my new listing at 3588 Fair Oaks Lane. Everything about this home emanates with luxury living. The elevated double-door entry offer a perfect introduction to this home. The Ashford floor plan was modified with 434 more square footage for a better layout that includes a redesigned gourmet kitchen. A charming fourth bedroom was added above the garage for privacy. It also includes a deep-water dock with shore power. Offered at $1.645 million, this home includes a heated swimming pool and spa.

The penthouse at Seaplace is perfectly situated on the south corner of building G5. And at $1.195 million has seen a great amount of buyer activity in the first few days on the market. Seaplace has been very active updating its clubhouse, game room and library. Residents also love the fitness center, tennis courts, walking trails, heated swimming pools, spa, and covered seating areas with barbeque grills.

3040 Grand Bay 223.jpg
Beautiful updates were made to this Cayman.

One of my personal favorites is Grand Bay on the eastern shores of Longboat Key overlooking Sarasota Bay and Harbourside Golf Course. So my new listing with a Cayman floor plan in building II is primed to move right into. Caymans provide stunning sunrises from the east terrace and magnificent sunsets from the west terrace. At $1.150 million it is a good complement to the penthouse I just sold today in the same building. Grand Bay is great for an active lifestyle with swimming pools, tennis courts, fitness centers and social rooms behind secure gates of Bay Isles.

My new listing at 520 South Drive on Anna Maria Island has a great price under one million. This will make a wonderful retreat or rental property for any anxious buyer. Two of the three guest bedrooms upstairs have their own private balconies. The swimming pool and dock with access to the Gulf of Mexico highlight this property. It is located close to fine dining and shopping on Pine Avenue.

Look at these sensational listings as features on my web site and be sure to return later this week for the new properties that are just awe-inspiring. Celebrate Veteran’s Day with a parade that is close to you. Wednesday there is a parade on Bay Isles Road and St. Armands Circle is offering discounts to veterans. Please contact me at (941) 387-1840 if you have a property to sell or buy.

604 Mourning Dove Drive $2,995,000 Video Photo Slideshow
699 Key Royale Drive $2,499,000 Video Photo Slideshow
3588 Fair Oaks Lane $1,645,000 Video Photo Slideshow
1965 Gulf of Mexico Dr., #G5-406 $1,195,000   Photo Slideshow
3040 Grand Bay Blvd, #223 $1,150,000   Photo Slideshow
520 South Drive $949,000   Photo Slideshow

 

Amazing Southeastern Guide Dog programs

by Roger Pettingell

Independence provided by guide dogs

Programs kept active through donations and volunteers

Southeastern Guide Dogs, Palmetto campus
Extraordinary dogs - Southeastern Guide Dogs trains and pairs these amazing dogs with visually impaired individuals and servicemen.

Southeastern Guide Dogs provides trained dogs, receives no government funding, and does not charge the recipient for these services which includes 26 days of training on their 33-acre campus in Palmetto. Such a remarkable program that matches exceptional dogs with visually impaired and individuals suffering from PTSD.

They do this and more with the generous support of donations and through a program of 700 volunteers who donate at least one day per week toward the organization. I spoke with Titus Herman, CEO, a couple weeks ago for a REALTALK™ episode. I’ve known Titus through the 10 years I’ve been on the board of directors and have had the pleasure for bringing up four separate dogs as a Puppy Raiser. In that capacity I have become one of 1,100 volunteers for Southeastern Guide Dogs. Puppy Raisers have a great deal of pride in their work and have the opportunity to visit with the matched pair during the training period.

Southeastern Guide Dogs interview with CEO Titus Herman
Southeastern Guide Dogs - I spoke with Titus Herman, CEO, in REALTALK™ #64.

Donations provide operational funds and also building upgrades such as the new Barpal - Hirst Student Center that is expected to open next summer. With 29,000 square feet under roof, this facility will offer space for student housing dining and accommodations, as well as offices and a welcome center. I have an aerial video of the building’s progress in my trip there for REALTALK™ #64. Their popular dog-walking program for visitors is put on hold until it is safe around the new construction of the student center.

The new student center is to complement the other facilities for training and for the public to enjoy. Their website offers opportunities to reserve a walking tour of the campus Monday through Saturday. The staff provides an opportunity to play with the puppies in training, the only training facility for guide dogs that allows Hug a Puppy. It might be one of the happiest half hours you can spend with your time.

They provide speakers for organizations, and also train dog owners who want an obedient dog an expertly trained owner.

Barpal - Hirst Student Center construction
Barpal - Hirst Student Center - The new student center is expected to open next summer as shown from this aerial in the REALTALK™ #64 video.

Events off campus provide public information and a chance to get involved with financial support or to explore volunteer opportunities. This Saturday morning there is a sidewalk sale to benefit Southeastern Guide Dogs in the front parking lot of 1 ASI Way in St. Petersburg. Closer to home, on Veteran’s Day there is a Yappy Hour to support the Paws for Patriots program starting in the late afternoon at Mattison’s Forty-One. Paws for Patriots. Paws for Patriots is a variety of programs that provide guide dogs for visually impaired veterans and support for servicemen with Post Traumatic Stress Syndrome. Trained dogs also are active in VA hospitals and are paired as companions for veterans. A joint holiday party of civilian contractors will be held at the at the Tampa Club December 1 to benefit Paws for Patriots.

A series of nine walkathons are organized for Saturdays in 2016 beginning February 20 in Bradenton and conclude April 9 in Lakewood Ranch. They have goals for each city walkathon, their biggest fundraisers, and hope to raise over $1 million through all the events planned next year. After all, the total cost is $10,000 for each of 400 dog training and pairings each year.

Southeastern Guide Dogs is one of many rewarding organizations to volunteer while living here. Please contact me at (941) 387-1840 if you have a property to sell or buy. We feature homes for sale on our website including these new listings from last week.

638 Bayview Drive $2,695,000 Video Photo Slideshow
3340 Sabal Cove Lane $1,530,000 Video Photo Slideshow

 

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Why Choose
Roger Pettingell?

Experience

  • Over 33 years as a top producing REALTOR® on Longboat Key and in Sarasota.

Achievements

  • Number 1 single Coldwell Banker agent in all of Florida for 2008, 2010, 2012, 2013, 2014, 2015, 2016 and 2017
  • Number 1 Realtor on Longboat Key and Bird Key for 2008, 2010, 2012, 2013, 2014, 2015, 2016, 2017 and 2018
  • Number 1 Realtor for all Sarasota in 2008, 2010, 2012, 2013, 2014, 2015, 2016, 2017 and 2018
  • Coldwell Banker Society of Excellence award in 2013, 2014 and 2016
  • Ranked among the top 250 agents in the country for 2014, 2016 and 2017 by REAL Trends as reported in the Wall Street Journal.

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About Roger Pettingell

Roger Pettingell of Coldwell Banker Residential Real Estate is your Longboat Key, Florida Luxury Real Estate Specialist. Roger provides his real estate expertise to sellers, investors, developers, and buyers in the Sarasota area including Anna Maria, Bird Key, Bradenton Beach, Casey Key, Cortez, Grand Bay, Holmes Beach, Longboat Key, Marina Bay, Osprey and Siesta Key. Search for homes, luxury homes, condominiums, investment property, development property, and vacant land and lots on the Longboat Key, Florida and the surrounding area.