The list price to sale price ratio for properties in Sarasota is about 91%. That is to say that a buyer would expect to pay about 91% of a property’s asking price.

Specific examples of investment condos…

Las Palmas Condominiums

488 units in development

A two bedroom two bath condo with a garage at Las Palmas can be purchased today for at the asking price of $83,900.
In 2005 that same unit would have sold for $245,000. Income and expense for this unit today would be:

$950 Rent
$355 Mortgage (20% down payment – 30 year mortgage at 4.875%)
$126 Property Tax
$264 Condo Association Fees (inc. insurance)
$205 Net to Owner per month

Available units at Las Palmas include the following:

Serenade on Palmer Ranch 324 units in development A two bedroom two bath in this gated condominium community can be purchased at the asking price of $85,000. In 2005 that same unit sold for $240,000. Income and expense for this unit today would be: $975 Rent $359 Mortgage (20% down payment – 30 year mortgage at 4.875%) $125 Property Tax $258 Condo Association Fees (inc. insurance) $233 Net to Owner per month The following is a complete list of available units at Serenade:

Parkview

A two bedroom one bath unit can be purchased at the asking price of $49,900.
In 2005 it’s value was $185. Income and expense for this unit today would be:

$650 Rent
$211 Mortgage (20% down payment – 30 year mortgage at 4.875%)
$100 Property Tax
$221 Condo Association Fees (inc. insurance)
$118 Net to Owner per month

All indicators show increased sales. This June the total sales were the highest year-to-date so deals like the ones mentioned above wont last long.

If you have any questions please feel free to call me at 941-650-4626.

There are some nice deals at Arielle on Palmer Ranch. These beautiful townhouse condos with garages and lake views are located in a gated community with a pool. Many of the condos have nice lake views. All have spacious floor plans. Arielle is convenient to the beach, the mall and I75. You got to love the street names. Who wouldn’t want to live on Prosperity Circle or how about Cinnamon.  Now that sound good.  Currently the available properties at Arielle range from $174,900 to $275,000.  These prices are excellent deals.  You can view the details about each available property by clicking the pictures below.

This beautiful condo features wood floors and travertine marble throughout.  You will love the private patio and view of the preserve.  Arielle is an upscale maintenance free gated enclave on Palmer Ranch.  It is very convenient to Siesta Key and I75. In addition to the private garage, townhouse has a community pool.

You will love this second floor condo in Stoneybrook Golf and Country Club. It is bright and cheerful with high ceilings and up-to-date furnishings. There is a nice screened patio, living room, dining room, breakfast room and two bedrooms and baths. There are numerous pools, and tennis courts for your enjoyment. Stoneybrook is a beautiful and desirable gated country club community located within 15 minutes of the beaches of Siesta Key.

Right now the are two very nice deals on foreclosures at Arielle on Palmer Ranch. This is a very nice gated luxury condominium community. Click here to view the details about these bank owned properties. Visit our website www.palmerranchcondominiums.com/arielle for more information about the community or visit www.bankownedpropertydeals.com to get daily updates about other foreclosure as they come to market.  If would rather try before you buy, we have a great rental opportunity at Arielle.  It is a furnished three bedroom unit with lake view and two car garage available for $1,700 per month.  Call 941-650-4626 for more information.  Click here to view the rental.

Here are all of the properties currently available at Arielle. If you have questions about any of these properties or would like to schedule an appointment to view these properties, please call me at 941-650-4626.

We just listed a large two bedroom unit with a garage. Garages are hard to come by at Serenade so if you are looking for a nice condo with garage give us a call at 941-650-4636, right away. This unit is available on November 1st for an annual lease at $1,200 per month.  Click here for more information about this rental.

• www.serenadecondominiums.com
• www.palmerranchcondominiums.com

Since the launch of our new website, www.palmerranchcondominium.com we have been spending a lot of time at the various properties to gather information and pictures.  One of the condominiums that stands out is Botanica.  It is a very nice upscale gated enclave of 172 units, each with a private garage.  Many of these spacious condos have views of the lakes and fountains.  There is a club house and two pools.  Currently there are two condos for sale.  A three bedroom unit of 1,969 square feet is available for $389,900.  The other available condo is a two bedroom unit of 1,621 square feet which is priced at $299,500.  Year-to-date there have been 5 closed sales at the average selling price of $252,000.  There is large 2,288 square foot unit currently under contract.  The asking price was $435,000.  To request more information visit www.palmerranchcondominiums.com/botanica.

Currently there are 10 units for sale at an average price of $133,280.  Prices range from $54,900 to $189,900.  There are 11 pending sales at this time and so far this year 16 sales have closed at an average of $66.92 per squre foot or $73,009.  For sales or leasing call 941-650-4626 or click here to request additional information.
Share ]]> http://www.sarasotaexperience.com/2009/09/05/vintage-grand/feed/ 0 http://www.sarasotaexperience.com/2009/09/04/palmer-ranch-condos-online/ http://www.sarasotaexperience.com/2009/09/04/palmer-ranch-condos-online/#comments Fri, 04 Sep 2009 11:36:29 +0000 Perry Corneau http://sarasotaexperience.com/?p=1479 We recently uploaded our newest website to the internet.  The new site, www.palmerranchcondominiums.com has already garnered top placement on Google for various searches related to sales and rentals of condos on Palmer Ranch.  The new site is generating many leads so we are in need of condo properties to manage in Palmer Ranch.  If you have a property in Palmer Ranch that you need leased give us a call at 941-650-4626 or for more information visit:

• www.palmerranchcondominiums.com/ourservices

Arielle on Palmer Ranch is a nice residential condominium enclave of 192 units. Each of these luxurious condos has a private garage and most of nice views of the lakes. There is a community pool and a jacuzzi in this gated community. On average the units are about 1800 square feet in size. Visit www.palmerranchcondominiums.com/arielle to request more information.   Prices for two bedroom units at Arielle currently range from $186,000 to $289,000.