Just Listed ~ “Hedekin Point” on Casey Key – 3780 Cutlass Bayou

_1440809-srq360-1152x768 (580x387)I am pleased to announce my newest listing on Casey Key, “Hedekin Point” located at 3780 Cutlass Bayou located on Casey Key in Nokomis, Florida.  This Edward Seibert-designed home is privately situated right at the “point” of Cutlass Bayou, offering the most spectacular views of the Intracoastal waterway.

Nature envelopes this property as it is surrounded by a canal on the north side, a bank of trees with winding pathways to the south side’s canal, and then opens up to the magnificent bay views.  As you near the water, you will also find a quaint and inviting tiki hut where you can relax with a cool beverage and dream of the endless possibilities. There is simply no other property on the key with this much privacy and feeling of “getting away from it all.”

In addition to the main living quarters, there is also a separate artist’s studio and a separate guest suite.  With over 1,000 feet of waterfront and deeded access to a wide beach, the sky is the limit for either remodeling the existing structure or using this remarkable piece of land to build your dream home complete with 360 degree water views because there simply is nothing to match this privacy on Casey Key.  This property is listed at $2,300,000.  Contact Deborah for a personal property viewing.

Just Listed – Casa de Las Olas | 1143 Casey Key Road

094I am pleased to introduce my newest listing on Casey Key, Casa de las Olas or “House of the Waves” located at 1143 Casey Key Road in Nokomis, Florida.  Situated on over an acre of luxurious land with 147 feet of Gulf frontage, this magnificent home is one of the largest direct beachfront gated estates on Casey Key.

Designed by renowned architect Clifford Scholz and built to precise standards by Perrone Construction, this estate offers a perfect blend of authentic architecture from past history and the modern amenities of today’s smart home.  Dramatic gulf and garden views envelope the home with a sense of tranquility and with the numerous outdoor gathering spaces, this is the where family and friends will want to come to relax and breathe in the salt air.

With fewer than 400 single family homes on this 8 mile barrier island, Casey Key is a gem you don’t want to miss.  This property is listed at $7,990,000.  Contact Deborah for a personal property viewing.

The Higher End of Casey Key’s Luxury Market Continues to Make Significant Strides

DB eNewsletter Header

Luxury Market Update

It is hard to believe that we are already half way through 2015!  What a busy year it has been thus far and Casey Key’s real estate market is still on track to meet or exceed 2014’s sales figures.  Year to date, we have had 12 single family homes sales and 2 vacant land sales on the key, which is slightly higher than 2014 for the same time period.

However, this year, the higher end of the market continues to make significant strides.  During this same time period in 2014, Casey Key home sale prices ranged from $1.4 million to $2.94 million.  Sale prices for 2015 YTD range from $860,000 to just over $5.3 million, with 4 of the 12 sales being above $4 million and 1 more single family home pending sale with a list price above $5.5 million.  Even vacant land is seeing large numbers, with one gulf to bay parcel selling at full price, $3.7 million to a developer.  

2015 CASEY KEY SINGLE FAMILY HOME SALES YTD

ADDRESS

SOLD DATE

LIST PRICE

SOLD PRICE

LAND SF

HEATED SF

WATER FRONTAGE

709 CASEY KEY RD

1/30/2015

$2,795,000

$2,675,000

23,972

5,062

GULF

1716 CASEY KEY RD

1/30/2015

$3,490,000

$3,150,000

42,615

2,370

GULF-TO-BAY

2110 CASEY KEY RD

2/19/2015

$5,900,000

$4,800,000*

34,735

5,816

GULF-TO-BAY

703 CASEY KEY RD

4/15/2015

$5,750,000

$5,300,000

33,966

4,648

GULF + BAY PARCEL

1624 CASEY KEY RD

  5/1/2015

$1,675,000

$1,520,000

  9,841

2,353

GULF-TO-BAY

721 CASEY KEY RD

  5/1/2015

$4,999,999

$4,300,000

24,781

4,828

GULF

141 N. CASEY KEY RD

  5/5/2015

$2,499,000

$2,175,000

18,068

2,260

GULF

927 CASEY COVE DR

5/29/2015

$3,390,000

$2,900,000

11,926

5,515

BAY

2502 CASEY KEY RD

6/1/2015

$1,350,000

$1,075,000

10,125

2,202

BAY

920 CASEY COVE DR**

7/2/2015

$   925,000

$   860,000

8,664

2,705

NONE

3601 CASEY KEY RD

7/2/2015

$6,245,000

$5,392,500

35,650

6,991

GULF

606 S. CASEY KEY RD

7/17/2015

$2,995,000

$2,625,000

50,530

4,479

GULF-TO-BAY

*Recorded sales price according to Sarasota Clerk of Court public records.
**Property was REO/Bank-owned

2015 CASEY KEY VACANT LAND SALES

ADDRESS

SOLD DATE

LIST PRICE

SOLD PRICE

LAND SF

WATER
FRONTAGE

FRONT FOOTAGE

S. CASEY KEY RD
(600 BLOCK)

4/23/2015

$   695,000

$   650,000

21,379

BAY

97’

728 N. CASEY KEY RD

6/12/2015

$4,950,000

$3,700,000

65,143

GULF-TO-BAY

151’

Additionally, there are 2 homes that are Active with Contract and 2 other homes with sales currently pending.

2015 CASEY KEY SINGLE FAMILY HOMES UNDER CONTRACT OR PENDING

STATUS

ADDRESS

LIST PRICE

LAND SF

HEATED SF

WATER FRONTAGE

PENDING

13 N. CASEY KEY RD

$2,499,999

34,750

2,354

GULF-TO-BAY

PENDING

904 CASEY COVE DR

$3,125,000

19,735

4,600

BAY

PENDING

507 CASEY KEY RD

$5,995,000

31,235

6,861

GULF

 

MY NEWEST LISTINGS– CALL ME FOR A SHOWING

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1120 North Casey Key Road

Get ready to be charmed by this north Casey Key gulf to bay property with two homes brimming with character and breathtaking views of both the Gulf of Mexico and Little Sarasota Bay.  First, we have an “Old Florida” freshly updated beach cottage with one bedroom and one bath, making it the perfect guest quarters. The second home sits at the bay side of the property with two ensuite bedrooms, double living areas and has been lovingly updated.

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1143 Casey Key Road – New Listing Will Be in MLS in August

Welcome to “Casa de las Olas”, House of the Waves, one of the largest, direct beachfront gated estates on Casey Key. With 147 ft. of frontage on the Gulf of Mexico, this exquisite Mediterranean masterpiece transports you to an oasis of coastal elegance from the moment of arrival. Designed by renowned architect Clifford Scholz, and built to precise standards by Perrone Construction, the principal home features over 6,600 sq. ft. of air conditioned living space and is graciously separated from the tropical guest house overlooking the stunning pool/outdoor kitchen area.

I want to stress that inventory is at an all-time low on the key, and with buyers here looking and purchasing, the lack of inventory continues to be challenging. If you are thinking about selling your property, contact Deborah Beacham for a complimentary comparative market analysis.

I will continue to keep you posted on sales activity in our beautiful area and I look forward to seeing you on and around the key.  

Warm regards,

 DB Signature (2)

 

Employment Growth Leads to Surge in Real Estate

The Realtor® Association of Sarasota and Manatee has released the sales numbers for May, and what has been said for months now still rings true: 2015 is on track to be another record-breaking year!

SAR_May2015Total reported residential sales in May for Sarasota county stood at 1,182; which is only 42 sales less than the all-time monthly record and Manatee county’s sales for May are at 827, which is a 10% increase over last year.

MAR_May2015Along with sales trending at historically high levels for both counties, the median sales price has steadily been on the rise. May 2015’s median sales price for Sarasota county is up 20% from last year and up 14.3% for Manatee county.

As sales and median prices continue to increase, so too has the demand, causing a decrease in inventory and in the length of time homes are remaining on the market.  Based upon this market statistic, sellers remain in command.

This continued upward trend in real estate sales may have some worrying about another “housing bubble;” however, the Chief Economist for Realtor.com, Jonathan Smoke recently reported that the housing market is on track to have its best year since 2006, but unlike 2006, there is no evidence of a “bubble.” Smoke states that it is job growth that is fueling this housing surge; citing that more than 3 million jobs have been created in the past 12 months; with more than 1 million of those jobs having been created for 25- to 34-year-olds, the age range at which most Americans buy their first home.

Association president, Stafford Starcher says, ““Once again, the market statistics are clearly showing the strength and vitality of Sarasota and Manatee counties.  We are living in a golden era for local real estate, and the future continues to look bright.”

Click here to read the full report from the Realtor Association of Sarasota and Manatee.

If you are interested in buying or selling property, please contact me for further details.

Just Listed ~ 1120 North Casey Key Road

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1120 N. Casey Key Road

It is my pleasure to share with you my newest listing located at 1120 North Casey Key Road, Osprey Florida.  Experience a rare taste of “Old Florida” charm on North Casey Key with this gulf-to-bay property with two homes, each brimming with its own unique character.

On the bay side is a lovingly updated home with two ensuite bedrooms, double living areas and immaculate cypress flooring throughout.  On the gulf side sits a freshly updated “Beach House” with one bedroom and one bath, making it a perfect getaway for your guests.

001 - CopyEach home is light and bright with picture windows bringing the breathtaking water views indoors as magnificent seascape artwork.

If you are looking to fill your days with private walks along the gulf shore or out on on the serene waters of Little Sarasota Bay, this location is ideal while still being only minutes away from enjoying the quaint walking town of Venice or the cultural mecca of downtown Sarasota.

With fewer than 400 single family homes on this 8 mile barrier island, Casey Key is a gem you don’t want to miss.  This property is now listed at $2,100,000.  Contact Deborah for a personal property viewing.

2015 Sarasota & Manatee Residential Sales Already Outpacing 2014

rasm_logoThe Realtor® Association of Sarasota and Manatee just released February’s closed and pending sales and it appears that Sarasota and Manatee county real estate is already outpacing the record number of sales for this same time period in 2014.

In short, Sarasota’s 837 total closed residential sales are up 12.3% from 2014 and Manatee’s 593 total closed residential sales are up 6.1%, and pending sales for both counties are ahead of last year’s figures and show no sign of a slow down in sales.

Additionally, the median sales price remains strong and substantially above last year’s figures. In Sarasota County, the median price for single family homes was at $196,000, which is 6% higher than last February; and for condos, the median price was at $187,500, up 10.3% from last year.  Manatee County single family homes rose to a median sale price of $256,750, up 16.7% over last February’s figure of $220,000, while condos were at $152,000, which is a 12.6% increase.

Closed Sales for Sarasota & Manatee Counties

Closed Sales for Sarasota & Manatee Counties – February 2015

Association President Stafford Starcher states, “Properties in the two counties are selling at a high pace and prices are on the rise, which tells us we are experiencing a healthy, vibrant market.  The inventory totals have leveled off, which means we could see even higher prices going forward, based on the laws of supply and demand.”  He further adds, that this is a great time to put your property on the market with a Realtor® and “test the water.”

Click here to read the full report.

If you are interested in buying or selling property, please contact me for further details.

1216 Casey Key Road, Nokomis FL Just Listed

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It is my pleasure to share with you my newest listing on Casey Key, “Paradise Point,” located at 1216 Casey Key Road. The setting of this bayside home is so picture perfect, you will feel as though it was taken right out of a coastal living magazine and the overall design was certainly made for carefree living and easy entertaining.

This home is light, bright, and spacious and a recent remodel included an expansion of the living area to incorporate an outdoor living/dining room, which, if you choose, can be enclosed with the electronic roll-down screening. If the mood calls for poolside entertaining, gather near the heated pool where there is ample seating and a fully equipped outdoor kitchen to keep your guests happy. When you are looking for a little quiet time, let the circular staircase lead you to the widow’s watch where you can sit, relax and take in the beauty of the bay and gulf views. The boating and/or fishing enthusiast will enjoy the covered boat dock and lift; and when you are ready to put your toes in the sand, there is deeded beach access to one of the widest beaches on Casey Key.  All that is left to complete this picture is for you to make Casey Key and “Paradise Point” your next home.  This property is listed at $2,525,000.

If you are interested in buying or selling property, please contact me for further details.

2014 Sales – Another Year for the Record Books

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The Realtor® Association of Sarasota and Manatee counties just released the sales numbers for all of 2014 and what an incredible year of real estate for both counties!!

Manatee county missed beating the 2013 annual record for sales by only 28 transactions and Sarasota county finished out the year with a total of 11,550 transactions, breaking the all-time record of 11,482 sales, which was set back in 2004.

“Sarasota and Manatee counties have never seen this level of combined sales activity, which actually surpassed the 2004-2005 boom years of a decade ago,” stated Association president, Stafford Starcher.  He went on to add that the steady rise of home prices doesn’t seem to be hampering sales and therefore, believes we can expect to see home sales continue to soar in 2015.

Click here to read the full report.

If you are interested in buying or selling property, please contact me for further details.

How Luxury Real Estate Faired in 2014

Happy New Year!  I hope this finds you doing well and that your 2015 is off to a very good start.  Last year continued a very exciting trend for our region’s real estate industry, as homes continued to sell at a near-record pace for the second year in a row.

The luxury market for Sarasota and Manatee counties maintained a very steady pace with the number of sales slightly exceeding those of 2013.  While the majority of the 361 luxury sales in both counties were below the $2 million price point, the 36 luxury sales of single family homes priced at $3 million or higher showed a shift in where buyers purchased.  In 2013, the buyers’ hotspot was Longboat Key; but in 2014, Siesta Key led the pack with 15 sales (as well as the 3 highest sales in Sarasota and Manatee counties) and Casey Key finished strong with 6 sales above $3 million.     I am pleased to report that Michael Saunders & Company continues to be the proven leader in the $3 million+ luxury real estate market.  Below are the $3 million+ sales by location in 2014.  Out of the 36 single family home sales, Michael Saunders & Company agents represented 22 of the transactions on the listing side and 17 on the selling side.

ADDRESS
AREA
SOLD DATE
LIST
PRICE
SOLD
PRICE
HEATED
SF
LAND
SF
WATER FRONTAGE
 232 SEAGULL LN
BIRD KEY
4/11/2014
 $     6,950,000
 $     6,100,000
           7,873
         21,103
BAY
 647 MOURNING DOVE DR
BIRD KEY
6/16/2014
 $     4,500,000
 $     4,000,000
           5,286
         15,000
BAY
 447 MEADOW LARK DR
BIRD KEY
1/29/2014
 $     3,750,000
 $     3,400,000
           4,778
         15,000
BAY
 712 N CASEY KEY RD
CASEY KEY
9/25/2014
 $   10,000,000
 $     8,000,000
         13,553
         90,306
GULF-TO-BAY
 2505 CASEY KEY RD
CASEY KEY
10/23/2014
 $     7,400,000
 $     6,500,000
         12,908
         47,933
GULF-TO-BAY
 2016 CASEY KEY RD
CASEY KEY
8/29/2014
 $     6,900,000
 $     6,200,000
           7,781
         58,787
GULF-TO-BAY
 540 N CASEY KEY RD
CASEY KEY
8/29/2014
 $     4,050,000
 $     3,650,000
           4,494
         36,160
GULF-TO-BAY
 1700 CASEY KEY RD
CASEY KEY
6/30/2014
 $     3,300,000
 $     3,000,000
           4,172
         18,113
NONE
 805 CASEY KEY  RD
CASEY KEY
9/17/2014
 $     2,895,000
 $     3,025,000
           2,255
         22,680
GULF
 7422 PERIWINKLE DR
CORAL COVE
4/18/2014
 $     3,995,000
 $     3,480,000
           7,564
         17,813
BAY
 7406 PERIWINKLE DR
CORAL COVE
6/25/2014
 $     3,149,900
 $     3,200,000
           7,429
         16,914
BAY
 1540 HILLVIEW DR
HARBOR ACRES
7/29/2014
 $     5,250,000
 $     4,500,000
           7,074
         23,410
BAY
 1435 HILLVIEW DR
HARBOR ACRES
2/13/2014
 $     3,959,000
 $     3,650,000
           4,876
         36,466
NONE
 1436 JOHN RINGLING PKWY
LIDO
12/12/2014
 $     6,399,000
 $     5,725,000
           7,930
         17,237
BAY
 165 WHITTIER DR
LIDO BEACH
6/30/2014
 $     3,799,999
 $     3,496,000
           1,743
         33,750
GULF
 267 BENJAMIN FRANKLIN DR
LIDO BEACH
9/19/2014
 $     3,495,000
 $     3,000,000
           3,157
           6,728
GULF
 2735 GULF OF MEXICO DR
LONGBOAT KEY
11/5/2014
 $     5,995,000
 $     5,750,000
           7,550
         16,761
GULF
 640 ROUNTREE  DR
LONGBOAT KEY
9/26/2014
 $     3,500,000
 $     3,450,000
           5,121
         22,684
BAY
 6225 GULF OF MEXICO DR
LONGBOAT KEY
3/12/2014
 $     3,795,000
 $     3,250,000
           4,781
         36,000
GULF
 6133 MANASOTA KEY RD
MANASOTA KEY
9/19/2014
 $     3,495,000
 $     3,100,000
           6,621
         83,150
BAY
 1447 TANGIER  WAY
SAN REMO
12/16/2014
 $     4,595,000
 $     4,200,000
           5,040
         18,392
BAY
 7712 SANDERLING  RD
SIESTA KEY
10/20/2014
 $   11,850,000
 $  11,850,000
           4,715
         53,754
GULF
 8250 SANDERLING RD
SIESTA KEY
7/25/2014
 $   11,500,000
 $     8,850,000
           7,652
         66,969
GULF
 4300 HIGEL AVE
SIESTA KEY
5/29/2014
 $   10,975,000
 $  10,250,000
           8,623
         69,028
GULF
 6629 PEACOCK RD
SIESTA KEY
10/2/2014
 $     7,950,000
 $     6,344,633
         10,207
         43,747
BAY
 3466 GULFMEAD DR
SIESTA KEY
2/27/2014
 $     7,900,000
 $     7,070,000
           7,132
         26,659
GULF-TO-BAY
 636 BEACH RD
SIESTA KEY
10/22/2014
 $     4,950,000
 $     4,950,000
           4,163
         83,700
GULF
 156 GIVENS ST
SIESTA KEY
3/31/2014
 $     4,750,000
 $     4,250,000
           4,946
         11,951
GULF
 648 BEACH  RD
SIESTA KEY
12/31/2014
 $     4,481,400
 $     4,481,400
           4,746
           9,550
GULF
 684 FREELING DR
SIESTA KEY
5/29/2014
 $     4,395,000
 $     3,750,000
           9,398
         64,963
BAY
 778 SIESTA DR
SIESTA KEY
9/12/2014
 $     3,950,000
 $     3,600,000
           6,395
         20,870
BAY
 5309 HIDDEN HARBOR RD
SIESTA KEY
4/11/2014
 $     3,599,999
 $     3,350,000
           6,827
         18,339
BAY
 220 TENACITY LN
SIESTA KEY
9/30/2014
 $     3,500,000
 $     3,250,000
           3,467
         11,079
GULF
 7816 SANDERLING RD
SIESTA KEY
8/22/2014
 $     3,450,000
 $     3,050,000
           2,800
         34,926
GULF
 7102 POINT OF ROCKS CIR
SIESTA KEY
12/1/2014
 $     3,200,000
 $     3,200,000
           5,582
         15,000
NONE
 7101 POINT OF ROCKS CIR
SIESTA KEY
4/11/2014
 $     3,195,000
 $     3,000,000
           2,764
         22,529
GULF

What I find interesting is that the majority of these sales took place during the months that used to be known as the off-season (from mid-May through the end of October).

Casa al Mare – 2016 Casey Key Rd.  Sold on August 2014 Deborah represented the Seller

Casa al Mare – 2016 Casey Key Rd.
Sold in August 2014
Deborah represented the Seller

Villa de Napoli – 2505 Casey Key Rd.  Sold on October 2014 Deborah represented the Buyer & Seller

Villa de Napoli – 2505 Casey Key Rd.
Sold in October 2014
Deborah represented the Buyer & Seller


And finally, 2015 is already off to a good start with 135 homes available for sale that are listed at $3 million plus throughout Sarasota and Manatee counties; two of which are “active with contract” and 5 other homes that are pending.    With all the new construction underway from “west of trail” to downtown, to Lido Key to Longboat Key, Sarasota is certainly trending toward “modern” architecture in both condominiums and single family homes. The amount of building activity is a strong indicator of our area being on the radar of those who seek the lifestyle we enjoy. I see this trend continuing in 2015 and beyond.

Interested in selling your property, or perhaps buying another, contact Deborah Beacham for a complimentary comparative market analysis.

I will continue to keep you posted on sales activity in our beautiful area.  In the meantime, stay warm during our “Florida winter” and I wish you all a 2015 full of good health, happiness, peace, and prosperity.

Casa Amore on Casey Key


SOLD!

“Casa Amore” is a rare opportunity to own direct beachfront property on the unique island of Casey Key–in an area with historically wide beach–with two meticulously maintained structures: the main residence has 3 bedrooms; a recently remodeled kitchen; with spacious rooms to entertain graciously. Forever views both to the north and south from the second level master suite with its generous walk in closet and storage galore in the custom-built cabinets, a large sitting area, and covered balcony. The added bonus of a separate guest residence, with its own balcony and views of the Gulf, will accommodate 6 to 8 guests. Both of these are picture perfect and show like model homes. This family compound has been enjoyed by four generations where many family memories have been created. You could be creating your own soon! Casey Key is an 8 mile barrier island located between Siesta Key and the historic walking town of Venice. There are fewer than 400 single family residences and the key is located in close proximity to both Venice and Sarasota airports.

Property Details

Listing Price: $2,795,000
Address: 709 Casey Key Road
City: Nokomis
State: FL
MLS # A4109260
Square Feet: 5,062
Bedrooms: 5
Bathrooms: 5.5

Additional Photos

Property Map

 

For more information about this property, contact me at 941.376.2688, email me or use the short form below.

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