Perico Bay Club: waterfront
living for less
By Louise Bolger
SUN STAFF WRITER
Perico in Spanish is a designation for a
small kind of parrot. It is also the name of a Texas town
established in 1888 which, after living through a boom, became
a ghost town by the mid 1980s. No chance that Bradentons
Perico will be a ghost town any time soon. The real estate
boom of the past five years has left its mark on Perico Bay
Club making the original owners wealthier than they ever thought
they would be.
As discussed last week, Perico Bay Club is a nice alternative
to living on Anna Maria Island, close to the beach, lots of
water views and lots of amenities. This week well talk
about what it costs to live in the Bay Club, and it turns
out quite a bit less than anything comparable on the island.
There were 18 closings during the last six months of 2005
averaging about $350,000. The range of sales went from a low
of $280,000 to a high of $520,000.
The condo units that are on Perico Point Circle and Edgewater
Circle sell at the high end. They have the best water views
and the most square-footage - in the larger units about 1,850
excluding the lanais. They also have either a one-car garage
or carport assigned to the unit. One is currently on the market
The smaller condos like the ones on Audubon and Estuary have
some bay and lake views with square footage starting about
1,250. One is listed on Audubon for $365,000 and another on
Estuary for $426,000.
In between are the villas, with either one- or two-car garages
ranging from the high $300,000s to the high $400,000s, mostly
with lake views.
Many of the units at Perico Bay Club are sold turnkey furnished,
and since some were built almost 20 years ago, those that
have been updated are priced higher. Monthly maintenance fees
differ based on the association but range between $250 and
Like many other areas of the country and Manatee County, Perico
Bay Club is feeling the pinch of a slightly flattened real
estate market. Earlier in the month there were 25 units available
for sale, a higher than normal number, and one that can change
on a daily basis. Sunday open houses are very popular at Perico
and may be the only chance youll have to get through
the gates and check out properties.
More affordable than the Island but with great Island access,
this little parrot is a gem that should not be overlooked
by buyers who want a casual Florida lifestyle with a manicured