The Anna Maria Island Sun Newspaper


Vol. 17 No. 5 - November 16, 2016

REAL ESTATE

White pelicans, jumping dolphins

 

On the morning of Nov. 2, as I was sipping my coffee on the lanai, I was wondering when the white pelicans would be back. As if on cue, three of the majestic birds flew by, and I knew winter was upon us in our unique little paradise.

Hard to believe that almost three months have passed since I last did an update on one million dollar and over properties in the three cities on Anna Maria and Cortez, but never-the-less it has. The current months we’re analyzing are July, August and September compared to April, May and June the previous time. July through September are generally the slowest during the year for sales, and that has held true this year as well.

Starting with Cortez, there were two over one million dollar sales – one in July and one in August at $1,720,000 and $1,075,000, respectively. Last time there were 4 sales.

The city of Anna Maria closed eight over million dollar sales ranging from a high of $3,300,000 to a low of $1,075,000. In addition, there were two sales in the $900,000s – one for $925,000 and one for $919,000. As I’ve previously stated, I like to make note of the sales in the $900,000s, since they are very close to the million mark and do influence the higher end market. Last time the city of Anna Maria closed 13 properties in this price range – not too much off considering the season.

Holmes Beach and Bradenton Beach closed seven properties over one million, ranging from $2,100,000 to $1,020,000 and three properties in the $900,000s, ranging from $950,000 to $925,000.

This is way down from the last analysis, which showed 20 properties closed in these price ranges – not too much of a surprise considering the time of year. The closed sale numbers are from the Manatee County Property Appraiser’s website

As far as currently on the market is concerned, as of this writing, Cortez has four properties ranging from $1,549,000 to $1,050,000. Last time it had four available listings.

The city of Anna Maria currently has 40 properties listed over one million ranging from $5,995,000 to $1,050,000 and four properties over $900,000. Previously the city listed 36 over one million and five over $900,000.

Holmes Beach and Bradenton Beach currently have listed 80 properties ranging from $10,900,000 to $1,049,000 and 16 over $900,000. Last time, those cities had 78 listed over a million and the same number over $900,000 at 16.

As you can see, the on the market numbers are very consistent with the previous three month analysis, keeping our market values on the upswing. This time of year, everyone looks forward to the winter sales season, and high end potential buyers will certainly have a lot to choose from. The available properties are from realtor.com, which is generally a reflection of the multiple listing service at the time of this writing.

On the same morning the white pelicans appeared, I was just about to take my last sip of coffee and start the day when another of mother nature’s majestic creations started jumping out of the water. Dolphins, white pelicans, manatees, turtles, great blue herons and roseate spoonbills are just some of nature’s bounty that we are fortunate enough to see every day. Makes the numbers above very understandable.

Real Estate Transactions
Real estate transfers of June 2016

Sponsored by Alan Galletto Island Real Estate

Sold Date | List Price | Sold Price | Address | Provision | Property Style

Anna Maria

16-07-11 625,000 525,000 122 Oak Ave 1176 3 Br/2 Ba SFR
16-07-08 745,000 689,000 405 Spring Ave 1696 4 Br/3 Ba SFR
16-07-01 899,000 850,000 302 Tarpon St 1878 3 Br/2 Ba SFR
16-07-05 1,099,000 919,000 525 Kumquat Dr 2288 3 Br/2 Ba SFR
16-07-22 1,200,000 1,100,000 116 Peppertree Ln 1996 3 Br/2.5 Ba SFR
16-07-14 1,250,000 1,153,500 229 Chilson Ave 1597 3 Br/3 Ba SFR
16-07-21 1,250,000 1,170,000 238 Lakeview Dr 2281 3 Br/2 Ba SFR
16-07-25 1,745,000 1,600,000 909 N Shore Dr 1868 3 Br/3 Ba SFR
16-07-25 3,500,000 3,300,000 825 N Shore Dr 3486 3 Br/4.5 Ba SFR
16-07-21 620,000 580,000 218 Palmetto Ave 1648 52x100 Duplex
16-07-15 399,000 350,000 710 N Shore Dr 60x85 Vac.
16-07-07 495,000 470,000 401 S Bay Blvd 76x105 Vac

Bradenton Beach

16-07-01 1,495,000 1,495,000 106 4th St S 3000 6 Br/5 Ba SFR
16-07-01 379,900 349,000 1301 Bay Dr N #5a 1079 2 Br/2 Ba Condo
16-07-28 610,000 585,000 1417 Gulf Dr N #1417 1524 3 Br/2.5 Ba Condo

Cortez

16-07-26 1,800,000 1,720,000 12614 Baypointe Ter 4677 3 Br/3.5 Ba SFR
16-07-12 123,500 107,500 12334 Baypointe Ter 110 x 151 Apx Vac.

Holmes Beach

16-07-11 489,000 475,000 406 Bay Palms Dr 1332 2 Br/2 Ba SFR
16-07-06 549,000 490,000 308 56th St 1080 2 Br/1 Ba SFR
16-07-12 579,000 575,000 208 Haverkos Ct 2181 65x98 3 Br/2.5 Ba SFR
16-07-18 619,000 620,000 5802 Imperiore Ave 1020 2 Br/2 Ba SFR
16-07-20 650,000 650,000 304 60th St #B 1150 3 Br/2 Ba SFR
16-07-15 849,000 790,000 206 67th St 2139 4 Br/3 Ba SFR
16-07-27 999,000 975,000 307 74th St 1676 3 Br/3.5 Ba SFR
16-07-11 1,299,000 1,185,000 671 Key Royale Dr 2885 221x78 3 Br/2.5 Ba SFR
16-07-19 2,190000 1,800,000 512 59th St 4544 6 Br/4.5 Ba SFR
16-07-11 2,399000 2,100,000 625 Key Royale Dr 3118 4 Br/3.5 Ba SFR
16-07-05 375,000 350,000 3215 Gulf Dr #3215 672 1 Br/1.5 Ba Condo
16-07-01 360,000 360,000 600 Manatee Ave #205 1187 2 Br/2 Ba Condo
16-07-01 389,000 375,000 3402 Gulf Dr #3 359 2 Br/2 Ba Condo
16-07-18 415,000 392,000 5806 Gulf Dr #204 1078 2 Br/2 Ba Condo
16-07-15 499,900 485,000 6006 Gulf Dr #111 1154 2 Br/2 Ba Condo
16-07-11 395,000 367,500 3009 Avenue E 751 2 Br/1 Ba Villa
16-07-26 469,000 425,000 5613 Guava St #A&B 1580 57x105 Duplex

Source: Mid Florida Multiple Listing Service


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