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Summer home inventories for Sarasota

by Roger Pettingell

Unlisted properties and pre-listings

Available off-market properties as we prepare for peak selling season

The summer inventory and buyer market in REALTALK™ #209
Summer Inventory - Strategies for off-market listings are discussed in this REALTALK™ #209 video

When you move from the northern states it may take some time to adjust to the peak selling cycles here in Sarasota. As the snow melts and the grass begins to turn green might be the best time to list in the Midwest and Northeast states. But October to Easter are the hot sales months for the market in Florida. It is a simple concept, snowbirds that are here during the winter months have a desire to stay once they are exposed to what there is to offer in climate, entertainment and recreation under these sunny skies.

The summer allows us time to relax and to plan for the peak season. Before we know it, October is here and we start the daily routines of showings and listings. The inventory is low in August and with good reasons. Accumulating a high number of days on the market may be less appealing to potential buyers so sellers will take them off the market in order to reset the number of days to zero. These homes are still available as inventory, buyers may have to search a little harder or call a Realtor who likely has knowledge of these homes ready to sell. I discuss these strategies in REALTALK™ #209.

Some properties remain on the market. Sometimes they are listed in the summer because there may be a limited supply in a particular community. That’s an opportunity some sellers don’t want to pass up. There are buyers in the summer and unable to find anything in a neighborhood they like is discouraging. There are a variety of other reasons why sellers prefer to list their homes any time of the year. All are valid, and if attractive and priced right will offer a good home to a potential buyer.

We have listings that are available for sale that you will see reenter the market starting in the fall. We also have several new listings that are off the market now but poised to be listed in MLS soon. Please contact us at (941) 387-1840 to schedule a showing of these properties or to see the other residences in our inventory.

 
415 L'Ambiance Dr, PH-F

The stunning sunrise-to-sunset panoramic views offered at this designer penthouse residence are breathtaking! You will fall in love with the upgrades, elaborate terrace space and custom features at this 4,900+ SF beach home.
$7,495,000 - Click here for the video

415 L'Ambiance Dr, PH-F - Click here for the website
3010 Grand Bay Blvd, #461

This updated Antigua residence is a rare opportunity to enjoy a direct-bayfront lifestyle in designer luxury. Offering nearly 3,000 SF and a wraparound terrace, you will love the direct bay, golf course, downtown and marina views.
$1,895,000 - Click here for the video

Grand Bay 461 - Click here for the website
3531 Fair Oaks Lane

The treat of maintenance-free living behind secure club gates can be yours to immediately enjoy at this 4BR Queens Harbour residence. Cathedral ceilings, a neutral decor, lovely updates and lush lake views welcome you.
$1,295,000 - Click here for the video

3531 Fair Oaks Lane - Click here for the website
2675 Gulf of Mexico Dr, #103

Walk out directly from this beautiful 3BR beach getaway to enjoy pristine Gulf beach and azure waters. You will love the modified layout and open concept, tile flooring, impact windows/sliders, new kitchen, plus three designer baths.
$999,000 - Click here for the video

2675 Gulf of Mexico Dr, #103 - Click here for the website
3988 Losillias Drive, Sarasota

Relax in the backdrop of the private TPC Prestancia Golf & Social Club off the golf course fairway in this four-bedroom, 4,800+ SF dream home. Complete with three-car attached garage in this prestigious gated community.
$949,000

3988 Losillias Dr
3040 Grand Bay Blvd, #262

Panoramic 6th-floor direct bay views that stretch out to downtown and the Gulf of Mexico welcome you to this lovely 3BR residence. Relax the day away on the wraparound terrace and relish bay breezes.
$799,000

Grand Bay 262
1115 Gulf of Mexico Dr, #502

Fifth-floor views of tranquil lakes, fountains, the lush Beachplace community and reaching out to the Gulf of Mexico, that create a wonderful move-in ready environment at this 2BR residence, waiting for you to make it your own.
$519,000

1115 Gulf of Mexico Dr, #502 - Click here for the website

Home Showcase VII – Grand Bay

by Roger Pettingell

Secure community in a great location

Six buildings in Bay Isles overlooking golf course, marina and bay

Six buildings of Grand Bay
Grand Bay - Overlooking Harbourside Golf Course and Sarasota Bay, this community is secure and offers picturesque views throughout.

Grand Bay, a gated community of six buildings on Longboat Key, is in a great location with the championship Harbourside Golf Course outside your door, the Moorings Marina to the south and shopping center with Publix as you depart the gates of Bay Isles. And with most Grand Bay properties you get a stunning view of Sarasota Bay and the skyline of the city. Today I am highlighting two featured residences for sale in this Home Showcase VII series. In the last 12 months I have closed on six properties there for $6.178 million, an average closing price of nearly $1.03 million each. I discussed opportunities in the Grand Bay community in REALTALK™ #117.

This community has its own 24/7 manned gates within the Bay Isles security gates. With each property there is deeded access to the Bay Isles Beach Club. There are a combination of single-family homes, villas, townhouses and bay-front residences in this community with two gated entrances in Bay Isles. The beach club is on the Gulf of Mexico side, is private and gated. There you can watch the sunset, work on your tan, or swim in the gulf while enjoying the white sand beach of the Gulf.

Membership in the Longboat Key Club provides access to two championship golf courses including Harbourside that you overlook from the balcony of your home. The Links on Longboat is a short trip south off Gulf of Mexico Drive. As a club member you have access to four fine restaurants, spa, tennis courts, gulf-front pool, fitness center and high quality events throughout the year. The Longboat Key Club Moorings is a full service marina, the largest deep-water moorings on the Gulf coast. You can park your super yacht there as they can accept boats up to 150 feet in storm-protected slips.

Amenities of Grand Bay are some of the best on Longboat Key. Two heated swimming pools are on the grounds of this community, each with a spa for relaxation. There are two tennis courts that are centrally located. There is a fitness center and the community center has its own stylish clubhouse with game room and library. Under-building parking is provided with ownership. Add on-site management and you have a full complement of amenities.

Built in phases from 1994 to 1999 by the Arvida Corporation, there are five floor plans and penthouses available among the 272 residences at Grand Bay. The Antigua floor plan is one of the largest and most desired with 2,925 square feet of living space under air. This floor plan is configured with three bedrooms, three full baths and one partial bath. The Cayman is offered with 2,550 square feet of living space, three bedrooms and two full bathrooms. The Bimini and Biscayne are close in the amount of living space in each residence, and are configured with three full bedrooms, three full bathrooms and one partial bath. The Aruba floor plan is a cozy residence with two bedrooms and two bathrooms.


Cayman floor plan on eighth floor of Building III

3030 Grand Bay Boulevard, #384
3030 Grand Bay Blvd, #384, Longboat Key

The first featured residence in this community is a Cayman floor plan in building III, built in 1998 at 3030 Grand Bay Boulevard, #384. Its eighth-floor location is ideal for stunning panoramic views of the best that Grand Bay has to offer. This beautiful residence is a showcase of lovely details and custom finishes throughout. The charming three-bedroom layout lives like a single-family home, offering walls of floor-to-ceiling glass and an eat-in kitchen. The split-bedroom plan offers guest privacy. It is listed at $1,199,000.


Wraparound terrace for spectacular panoramic views

3080 Grand Bay Boulevard, #536
3080 Grand Bay Blvd, #536, Longboat Key

The wraparound terrace at 3080 Grand Bay Boulevard, #536 offers spectacular views in nearly every direction. This lovely two-bedroom residence has an open layout with walls of floor-to-ceiling glass sliders that lead out to the terrace from practically each room. Take the private elevator from secure, under-building parking directly up to the foyer entry. Entertain with ease in the generous living/dining room and the kitchen that overlooks this space. The split bedroom plan is excellent for enhanced privacy. The south-facing master suite features its own terrace access, walk-in and linen closets, as well as a spacious bathroom. The guest bedroom, equipped with walls of built-ins is currently being used as a den, is perfectly situated in the north corner of the residence, offered at $679,000. Please contact me at (941) 387-1840 for an exclusive showing or if you have a property to sell or buy.


Call us at (941) 387-1840 for an exclusive showing

 

Community Spotlight - Grand Bay

by Roger Pettingell

Spectacular views from Grand Bay homes

Different floor plans that fit your budget and lifestyle

Grand Bay - REALTALK™ #4
Grand Bay - The views and amenities of this community make it very attractive for buyers as I highlight in this REALTALK™ #4 video.

Looking out over the Sarasota Bay in the morning to view the sunrise is surely a stunning sight. Our photographer captured this beautiful scene in a time-lapse series while recording the residence at 3030 Grand Bay Boulevard, #345. These sunrises occur nearly every day in any of the homes in the six buildings that make up Grand Bay. When the sun rises more overhead, the Harbourside boat moorings and Harbourside golf course display their splendor. It doesn’t end there. As the sun falls in the sky Grand Bay owners with wraparound terraces are able to relax and witness this spectacle over the Gulf of Mexico while sipping on a good glass of wine. The views make this community one of my favorite places to sell on the bay side of Longboat Key.

At that point I don’t have to mention the vast amenities that come with ownership. In just one building you have access to the fitness center with a separate section for aerobics. Women and men have separate shower areas each equipped with sauna and steam rooms. The second floor has a large meeting room accessible by elevator. The lounge with bar is also located on this floor. A kitchen area is sufficient enough to support large gatherings.


sunrise over the bay
Imagine waking to this bay sunrise every morning.

There are many opportunities for recreation. Two on-site Har-Tru tennis courts are open for use daily, as is are the heated swimming pools which are conveniently laid out on the grounds between the two sets of large buildings. The Harbourside Golf Course of the Longboat Key Club wrap around all six buildings.

If you are into boating, the Longboat Key Club Moorings is one of the finest marinas in the area. The marina can accommodate up 291 boats with long-term and overnight rentals. These slips up to 150 feet offer Cable TV, slip telephones, WiFi with electricity and water service. Showers, saunas and laundry service are also available to guests of the marina. The Portofino Ristorante & Bar is a great place to relax and have a fine Italian cuisine dinner.

Security and privacy is also a top concern in Grand Bay. There is a manned guard gate past the convenient shopping at Publix, just off the Gulf of Mexico Drive. You are greeted with another mechanical gate before arriving at a second manned guard on the grounds of the Grand Bay complex.

Six buildings in one community
There are 271 residences in the six buildings that make up Grand Bay on Longboat Key.

These luxury condominiums have mostly been updated, built from 1994 to 1999 by the Arvida Corporation. I was selling for this company at the time, and had a great deal of the original sales here. Arvida was responsible for much of the development on south Longboat Key and Bird Key until the merger with Coldwell Banker in 2002.

To understand what you are buying in Grand Bay you might research three of the most popular floor plans, beginning with one of the most popular Antigua floor plan. My Antigua for sale in Building I is on the ninth floor and has all of the spectacular views that I describe in the opening paragraph above. It is complete with three bedrooms and three baths, plus a half bath with 10-foot ceilings in this spacious residence of 2,925 square feet commonly associated with Antigua floor plans.

The Cayman floor plan was constructed as another 3 bedroom, 2.5 bath floor plan at 2,550 square feet of living space. These are very popular; I have one pending, two active and one sold Cayman just this month. Another popular floor plan with over 2,200 square feet of living space is the Biscayne. These were originally constructed as two bedrooms, 3.5 baths and a den. Since many of these residences have been updated, you can typically find one that has the configuration that meet your requirements.

Grand Bay Antigua #196
This ninth-floor Antigua offers stunning views.

The granddaddy of all floor plans in Grand Bay are the penthouses. I sold a stunning penthouse last year with four bedrooms, and 5.5 baths with 4,413 square feet of living space. The wraparound terrace was spectacular with top floor views, hot tub and totaled 9,756 square feet of space.

Under 2,000 square feet are two bedroom residences with Aruba, Bimini and Capri floor plans. These are a good value and I have a Bimini listed to show. For references on pricing I have links to Comparative Market Analysis (CMA) reports for Grand Bay back to the year 2009. Here are four Grand Bay residences I currently have listed.

Address List Price Floor Plan Media
3060 Grand Bay Blvd, #196 $1,485,000 Antigua Video
3080 Grand Bay Blvd, #512 $649,000 Bimini Photos
3040 Grand Bay Blvd, #233 $999,000 Cayman Photos
3040 Grand Bay Blvd, #243 $999,000 Cayman Video

 

My most current listing last week is this lavish luxury home behind the gates of the Longboat Key Club. It is just steps from the Gulf of Mexico beach and overlooks the Links on Longboat golf course. This single-family home has an attached three-car garage, open pool deck and heated swimming pool. Please contact me at (941) 387-1840 if you have a property to sell or buy.

Address List Price Media Slideshow
1011 Longboat Club Road $2,995,000 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.