City Place at Pineapple Square
October 2nd, 2009
This is probably the only new condominium that will be built in downtown Sarasota in the next 5 or 6 years.
No other condominium developments have applied for approval. The ctiy is in a “no growth “ mode. The economy is beginning to improve but buyers are wary. There are few 3 bedroom units available in the city.
This is exactly the time for the smart buyer to act, and is an exciting opportunity to buy a condo in the heart of downtown Sarasota at today’s prices for occupancy in the year 2012 or 2013.
At this time It is possible to combine several prime units into one customized unit with wonderful views of the water and access to all the downtown activities. One buyer understood the beauty of this concept and has done just that.
Architect’s rendering of Arcade with shops and restaurants looking south on Pineapple.
The developer, Isaac Holdings, is a major national player who is committed to this project and is ready to break ground as soon as several more units are sold.
Special options are available.
Click for more information: www.cityplacesarasota.com
Posted by:
Robert Lindeman
Downtown Sarasota Condos ..it's a matter of a 1/3 of a mile
June 29th, 2009
Downtown Sarasota Condos ..it’s a matter of a 1/3 of a mile.
From Sarasota Bay a simple stroll up Main Street will immediately bring you to: restaurants, cafes, shops, galleries, the opera house, the library, theatres and on Saturday morning the farmers market.
Sarasota has everything a big city offers without the attitude and hustle & bustle. That is why so many choose the Sarasota downtown lifestyle. People from the Keys are trading their beach front condos and many newcomers to Sarasota are recognizing the vibrancy and convenience of downtown living.For many the objective is to be as close to the center of downtown as possible. But for those not wanting to pay the "Main Street prices" there is a great complex to consider… Alinari. It really comes down to price versus distance.
I measured out 1/3 of a mile from Main Street and Orange Avenue… and found Kanaya, Rivo at Ringling, Savoy on Palm, Citrus Sq., Burns Court Villas to be the furthest. 1350 Main is only .29 miles, One Hundred Central and Plaza at Five Points are only .23 miles from Main and Orange. All of these developments were built between 2005 - 2007 and have the typical amenities one would expect from a newer building.
When looking at active listings in all of these buildings the average sq. ft. unit presently on the market is 2156 and the average asking price per sq. ft. is $444.00.
Now, to the Alinari - built in 2007. It is located 2 1/3 of a mile from Main and Orange. The average sq. ft. listing for sale is 1770 and the average asking price is $313.00 a sq.ft. Therefore, the difference between the Alinari and the other condo buildings is 1/3 of a mile and $131 a sq.ft asking price. Another way to look at it … on average an 1800 sq. ft condo unit in Alinari would be listed at $565,000 vs $799,200 in the more centrally located buildings. Another thing worth mentioning about the Alinari are the amenities… Perhaps the best of all the condo buildings with an over sized lap pool, large fitness room, multiple lounges, conference rooms, a theatre, wine cellar, a sports lounge and 24 hour concierge. It is also right across the street from the { purple } Van Wezel Performing Arts Center.
The bottom line is the Alinari is more affordable and something definitely worth considering when you are looking to purchase a new downtown Sarasota Condo.
Call me for a list of units for sale in each building… 941-993-3159… or check out the links below……
Alinari Condo
100 Central Condo
1350 Main Condo
Plaza at Five Points Condo
Citrus Square Condos Sarasota
Kanaya Condo
Rivo at Ringling Condo
And, as always, go to my Downtown Sarasota Blog for news you can use!
Posted by:
Maureen & Pat Doherty
