Luxury Sarasota ForeclosuresPosted by Marc Rasmussen on Wednesday, August 15th, 2012 at 2:22pm.
The great recession has been difficult on everyone, but every dark cloud has a silver lining. Despite lower numbers of foreclosures and short sales there are still great opportunities out there, which means you can finally afford to turn your dream of living in a tropical paradise into a reality. I remember back in 2005 when condos on the gulf side of Midnight Pass Road on Siesta Key were selling for a minimum of around $400,000. Times have certainly changed. This condo I sold in the Peppetree condo building on Siesta Key would have been considerably more expensive in 2005.
White powder beneath your toes and crystal clear water as far as the eye can see are perhaps two of the reasons you will love living in Sarasota the most. The beaches are beautiful; breathtaking even. However, the beaches aren’t busy and filled with tourists and spring breakers like some of the other beaches in Florida, which means you and the kids can relax and enjoy yourselves. If you like to walk, you can make a habit of taking an evening stroll along the beach stopping only to watch the sun descend into the ocean and at one of the dozens of oceanfront bars and restaurants. Enjoy a cocktail and some of the world’s freshest seafood after you watch the sunset. It’s the perfect ending to a perfect day.
Luxury Sarasota Foreclosures
Are you looking for a fabulous opportunity in the luxury segment of the Sarasota real estate market? Below are all bank owned homes and condos for sale in the Sarasota area on MLS with a price tag of $700,000 or more. $700,000 is an arbitrary number. Feel free to perform your own search here if you want to look in a lower price range.
- 290 N Washington Dr, Sarasota
- 204 Bird Key Dr, Sarasota
- 3731 Indian Beach Pl, Sarasota
- 2416 Bay Drive, Bradenton
- 8305 Farington Ct, Bradenton
- 296 Osprey Point Dr, Osprey
- 940 Siesta Key Pl, Sarasota
- 505 S Orange Ave, Sarasota
- 7211 Chatsworth Ct, University Pk
- 7320 Desert Ridge Gln, Lakewood Ranch
Below is a chart of the volume of bank owned properties for sale, sold and under contract in Sarasota county for the last 8 years. Isn't it amazing to see how few there where before the bursting of the real estate bubble?
Please contact us at 941.812.6272 if we can help you buy or sell a home in the Sarasota, Florida area.
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