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Whether you are considering buying a home, selling a home or both, this site is designed to assist you.
Sarasota Florida For Sale by Owner Resources – FSBO Facts
Each year a small army of home sellers throw caution to the wind and “go it alone” — without the assistance of a licensed real estate professional.
This ever-decreasing band of risk-takers in Sarasota Florida, ventures into the land of pricing, marketing, screening, scheduling, showing and paperwork, with the goal of saving some money. It’s often an experience they find less than rewarding.
The numbers (if not the sellers) tell the story.
In 2006, just 12 percent of sellers chose the FSBO (“For Sale By Owner”) route, down from 13 percent the previous year, according to NAR’s 2006 Profile of Home Buyers and Sellers. This is down from about 20 percent in 1987.
But more telling than the decline in FSBOs is the fact that 40 percent of all FSBOs sold their homes to someone they knew prior to the transaction. This means that only 7 percent of all home sales are open market FSBO transactions. The rest are simply unrepresented sellers in private transactions.
From NAR’s 2006 Profile of Home Buyers and Sellers
Eighteen percent of FSBO sellers indicated that preparing the home for sale was the most difficult task when selling without the assistance of an agent, followed closely by understanding and performing paperwork (16 percent) and selling within their desired time frame (15 percent).
As for profit — after all is said and done, FSBOs don’t always come out with fatter wallets. Again, the numbers tell the truth.
Homes sold with the help of a real estate professional in 2006 sold on average for 32 percent more than FSBO sales. The median FSBO selling price in 2006 was $187,200, compared with $247,000 for agent-assisted transactions.
- 84% of FSBO’s eventually hire a Realtor® (realtor.org)
- According to a 2006 study by NAR® , only 12% of homes were successfully sold by the owner (realtor.org)
- In 2006, only 5% of buyers purchased directly from owners they didn’t know (realtor.org).
- The vast majority of FSBO sales were to friends or relatives (and if you’re selling to a friend or relative, it’s almost guaranteed that you aren’t getting full market value for your home).
- 91% of buyers are represented by a Realtor® (car.org)
- According to the NAR® 2006 Profile of Buyers and Sellers Report, the median sales price of sold FSBO homes was 17% LOWER than the median sales price of homes sold through Realtors®
If you would like some more information about Sarasota FloridaFor Sale by Owner facts and figure, just complete the form below.
Sarasota Florida Luxury Real Estate & Homes | Sarasota FL Luxury Homes for Sale presents Sarasota Florida For Sale by Owner Resources – FSBO Facts
Choice of the Day – 436 Canal Rd # A, Sarasota, FL 34242
We're sorry, but we couldn't find MLS # A3939446 in our database. This property may be a new listing or possibly taken off the market. Please check back again.
Siesta Key 3 Level 3 Bedroom home with deeded Beach access; walk to Siesta Village;Take the elevator to the Guest Suite on the 3rd floor with a private wetbar and a roof top patio offering magical sunsets on the Gulf of Mexico. Nestled among tropical flora and fauna, you will be welcomed home to your Siesta Key home. The open floor plan provides marvelous entertaining options for your family and guest on the 3 levels of living space.
Other Listings in Zip Code 34242:
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1 - 11 of 396.
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(all data current as of
1/27/2012)
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$14,500,000 : 8250 Sanderling Rd, Sarasota5 beds, 5 full, 1 part baths
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$13,450,000 : 4011 Shell Rd, Sarasota5 beds, 5 full, 4 part baths
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$12,500,000 : 3410 Flamingo Ave, Sarasota7 beds, 8 full, 1 part baths
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$10,975,000 : 4300 Higel Ave, Sarasota6 beds, 6 full, 3 part baths
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$8,595,000 : 6629 Peacock Rd, Sarasota5 beds, 7 full, 1 part baths
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$7,975,000 : 859 Siesta Key Cir, Sarasota5 beds, 5 full, 1 part baths
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$7,800,000 : 4136 Roberts Point Cir, Sarasota6 beds, 5 full, 2 part baths
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$6,000,000 : 5342 Hidden Harbor Rd, Sarasota4 beds, 5 full baths
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$5,999,999 : 4317 Midnight Pass Rd, Sarasota4 beds, 4 full, 1 part baths
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$5,250,000 : 4401 Mangrove Pl, Sarasota4 beds, 5 full, 1 part baths
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$4,990,000 : 7811 Midnight Pass Rd, Sarasota2 beds, 3 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Sarasota Florida Luxury Real Estate & Homes | Sarasota FL Luxury Homes for Sale presents Choice of the Day – 436 Canal Rd # A, Sarasota, FL 34242
Choice of the Day – 5188 Siesta Woods Dr, Sarasota, FL 34242
We're sorry, but we couldn't find MLS # A3939514 in our database. This property may be a new listing or possibly taken off the market. Please check back again.
Other Listings in Zip Code 34242:
Showing properties
1 - 11 of 396.
See more 34242 zip code real estate.
(all data current as of
1/27/2012)
-
$14,500,000 : 8250 Sanderling Rd, Sarasota5 beds, 5 full, 1 part baths
-
$13,450,000 : 4011 Shell Rd, Sarasota5 beds, 5 full, 4 part baths
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$12,500,000 : 3410 Flamingo Ave, Sarasota7 beds, 8 full, 1 part baths
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$10,975,000 : 4300 Higel Ave, Sarasota6 beds, 6 full, 3 part baths
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$8,595,000 : 6629 Peacock Rd, Sarasota5 beds, 7 full, 1 part baths
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$7,975,000 : 859 Siesta Key Cir, Sarasota5 beds, 5 full, 1 part baths
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$7,800,000 : 4136 Roberts Point Cir, Sarasota6 beds, 5 full, 2 part baths
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$6,000,000 : 5342 Hidden Harbor Rd, Sarasota4 beds, 5 full baths
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$5,999,999 : 4317 Midnight Pass Rd, Sarasota4 beds, 4 full, 1 part baths
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$5,250,000 : 4401 Mangrove Pl, Sarasota4 beds, 5 full, 1 part baths
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$4,990,000 : 7811 Midnight Pass Rd, Sarasota2 beds, 3 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Sarasota Florida Luxury Real Estate & Homes | Sarasota FL Luxury Homes for Sale presents Choice of the Day – 5188 Siesta Woods Dr, Sarasota, FL 34242
Choice of the Day – 5224 Siesta Cove Dr, Sarasota, FL 34242
We're sorry, but we couldn't find MLS # A3939854 in our database. This property may be a new listing or possibly taken off the market. Please check back again.
Other Listings in Zip Code 34242:
Showing properties
1 - 11 of 396.
See more 34242 zip code real estate.
(all data current as of
1/27/2012)
-
$14,500,000 : 8250 Sanderling Rd, Sarasota5 beds, 5 full, 1 part baths
-
$13,450,000 : 4011 Shell Rd, Sarasota5 beds, 5 full, 4 part baths
-
$12,500,000 : 3410 Flamingo Ave, Sarasota7 beds, 8 full, 1 part baths
-
$10,975,000 : 4300 Higel Ave, Sarasota6 beds, 6 full, 3 part baths
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$8,595,000 : 6629 Peacock Rd, Sarasota5 beds, 7 full, 1 part baths
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$7,975,000 : 859 Siesta Key Cir, Sarasota5 beds, 5 full, 1 part baths
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$7,800,000 : 4136 Roberts Point Cir, Sarasota6 beds, 5 full, 2 part baths
-
$6,000,000 : 5342 Hidden Harbor Rd, Sarasota4 beds, 5 full baths
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$5,999,999 : 4317 Midnight Pass Rd, Sarasota4 beds, 4 full, 1 part baths
-
$5,250,000 : 4401 Mangrove Pl, Sarasota4 beds, 5 full, 1 part baths
-
$4,990,000 : 7811 Midnight Pass Rd, Sarasota2 beds, 3 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Sarasota Florida Luxury Real Estate & Homes | Sarasota FL Luxury Homes for Sale presents Choice of the Day – 5224 Siesta Cove Dr, Sarasota, FL 34242
Feb. 2011 – This Month in Real Estate – Facts about the Winter Market
Fact: More buyers are starting there search online and at http://www.sarasotachoicehomes.com and this is allowing them to look at properties year round. If you are waiting til the spring to list your home – spring is here and the internet does not have any seasons.Contact Sarasota Choice Homes to get your property the worldwide exposure that it deserves.
Sarasota Florida Luxury Real Estate & Homes | Sarasota FL Luxury Homes for Sale presents Feb. 2011 – This Month in Real Estate – Facts about the Winter Market
Choice of the Day – 1185 Coquille St # 305, Sarasota, FL 34242
We're sorry, but we couldn't find MLS # A3939852 in our database. This property may be a new listing or possibly taken off the market. Please check back again.
Gulf side townhouse with deeded Beach access. Unique floor plan with towering ceilings and a loft allows for plenty of room for family/guests and pet. All the comforts of Home on the Beach including a fireplace to enjoy a cool night by. Master bedroom on first floor.
Sarasota Florida Luxury Real Estate & Homes | Sarasota FL Luxury Homes for Sale presents Choice of the Day – 1185 Coquille St # 305, Sarasota, FL 34242
January Sales in Sarasota – Bradenton up – Florida beats national average
According to the latest housing data released by the Florida Association of Realtors (FAR), Florida’s existing home and existing condo sales both rose significantly in January 2011.
Existing home sales increased 14 percent last month with a total of 12,151 homes sold statewide compared to 10,702 homes sold in January 2010, according to Florida Realtors. January’s statewide sales of existing condos rose 36 percent compared to the previous year’s sales figure.
Seventeen of Florida’s metropolitan statistical areas (MSAs) reported increased existing home sales in January; 16 MSAs had higher condo sales.
“Now is a great time for anyone thinking of buying a home in Florida to make that decision,” said 2011 Florida Realtors President Patricia Fitzgerald
Sarasota Florida Luxury Real Estate & Homes | Sarasota FL Luxury Homes for Sale presents January Sales in Sarasota – Bradenton up – Florida beats national average
Sarasota Area Mortgage Rate Watch – DOWN
Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.76 percent, down from 4.84 percent at this same time last week.
The 30-year fixed mortgage rate peaked at 4.83 percent on Wednesday then dropped to 4.77 percent on Thursday before gradually increasing over the weekend, hovering near 4.82 percent until falling to the current rate.
Additionally, the 15-year fixed mortgage rate on Tuesday morning was 4.07 percent and for 5/1 ARMs, the rate was 3.27 percent.
What are the rates right now? Check Zillow Mortgage Marketplace for up-to-the-minute mortgage rates for your state.
Sarasota Florida Luxury Real Estate & Homes | Sarasota FL Luxury Homes for Sale presents Sarasota Area Mortgage Rate Watch – DOWN
Are you waiting to find the bottom of the market? Don’t Wait Any More!
It’s no secret the U.S. has been in a real estate tailspin since June 2006. More than one-fourth (27 percent) of single-family homeowners are now in negative equity, which means their homes are worth less than what they owe on them. As a result of dropping home values, we are all caught in a sort of real estate limbo: homeowners are waiting on the sidelines to sell and home buyers are trying to time the bottom, waiting for the ultimate rock-bottom bargain. All of this leads many to wonder: “when will the bottom happen?” When will this frozen real estate landscape begin to thaw?
What many people don’t consider is that home prices are only one factor in how much a home will actually cost per month. The other major factor to take into consideration is mortgage rates. And, guess what? Mortgage rates are rising. So, if you’re timing the market for home prices to hit rock bottom, you’d better pay attention to that other part of the puzzle: mortgage rates. In fact, if you’re a buyer trying to time the bottom, you could end up with bigger monthly payments the longer you wait. Here’s why:
Case Study: 100 Main Street
To illustrate why timing the bottom is risky, Zillow’s research arm recently analyzed the relationship between mortgage rates and home value declines and how they impact your monthly mortgage payment. With that analysis serving as our inspiration, we applied it to a fictional home we’ll call 100 Main St. and found that even as the home’s value depreciated over time, the actual monthly mortgage payment increased due to rising interest rates.
We assumed that 100 Main St. was worth $300,000 at the beginning of the analysis and we calculated its depreciation based on the U.S. Zillow Home Value Index, which measures the median value of all homes. We used historic mortgage rates from Zillow Mortgage Marketplace. For future projections, we used Zillow Chief Economist Stan Humphries’ forecast that national home values would fall another 5-7%, and Freddie Mac’s forecast that 30-year fixed mortgage rates would reach 5.7% by 2012.
Purchased Nov. 1, 2010 vs. Jan. 1, 2011: $63 More Per Month
If 100 Main St. was worth $300,000 on Nov. 1, 2010, and was purchased at a 30-year fixed rate of 4.1% with a 20% down payment, it would have cost a buyer $1,159 a month. But if the buyer had waited even a couple of months for home values to fall further, they would have ended up with a mortgage payment of $1,222 a month, or $63 more. Despite the 1.8% hit to the home’s value, the mortgage rate increase to 4.7% would have counteracted that. (See graphic below)
Purchased in 2012: $126 More Per Month
What if you wait even longer for home values to decrease? Based on Freddie Mac’s forecast that mortgage rates will reach 5.7% by Q1 2012 and Zillow’s projection that home values will fall another 5-7% this year (we used 6% for our analysis), you will still end up paying more for a house. Although the home will be worth $23,000 less than it was in November 2010, the higher mortgage rates will leave the buyer with a monthly payment of $1,285, which is $126 more per month than if 100 Main St. was purchased 14 months prior.
We’ve always advised consumers against trying to time the market bottom and even economists don’t agree when it will happen. What’s most important for consumers is to control what they can: their finances and their knowledge base. Take the time to figure out your financial situation and use mortgage calculators that will help you estimate how much home you can afford. Since mortgage rates change on a daily basis and can vary from lender to lender, make sure to shop around on sites like Zillow Mortgage Marketplace to find highly competitive mortgage rates. When you do purchase your next home, make sure it is a place you can see yourself living and affording for the next five to seven years. And remember, even if mortgage rates do climb to 5.7 percent, they are still historically low and home prices in many areas are as affordable as ever.
Sarasota Florida Luxury Real Estate & Homes | Sarasota FL Luxury Homes for Sale presents Are you waiting to find the bottom of the market? Don’t Wait Any More!
Siesta Key Condos for Sale – Siesta Key Homes for Sale
Showing properties
1 - 22 of 293.
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(all data current as of
1/27/2012)
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$424,850 : 8767 Midnight Pass Rd # 507f, Sarasota2 beds, 2 full baths
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$1,375,000 : 1660 Summerhouse Ln # 604, Sarasota3 beds, 3 full, 1 part baths
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$369,000 : 1300 Midnight Cove Ii Pl # 710, Sarasota2 beds, 1 full, 1 part baths
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2 beds, 2 full baths
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$399,995 : 8730 Midnight Pass Rd # 300a, Sarasota2 beds, 2 full baths
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$400,000 : 9150 Blind Pass Road # 405, Sarasota2 beds, 2 full baths
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$599,000 : 5880 Midnight Pass Rd # 606, Sarasota2 beds, 2 full baths
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$639,900 : 6396 Midnight Cove Rd # 932, Sarasota2 beds, 2 full baths
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$599,000 : 5780 Midnight Pass Rd # 203b, Sarasota2 beds, 2 full baths
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$399,900 : 6396 Midnight Cove Rd # 921, Sarasota2 beds, 2 full baths
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$369,900 : 199 Whispering Sands Dr # 208, Sarasota2 beds, 2 full baths
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$849,000 : 4712 Ocean Blvd # W3, Sarasota3 beds, 3 full baths
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$795,000 : 19 Whispering Sands Dr # 506, Sarasota2 beds, 2 full baths
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$699,000 : 5300 Ocean Blvd # 903, Sarasota2 beds, 2 full baths
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$425,000 : 9393 Midnight Pass Rd # P5, Sarasota2 beds, 2 full baths
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$199,000 : 5681 Midnight Pass Road # 102, Sarasota2 beds, 2 full baths
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$469,999 : 6041 E Peppertree Way # 227, Sa2 beds, 2 full, 2 part baths
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$439,000 : 8767 Midnight Pass Rd # 303f, Sarasota2 beds, 2 full baths
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$579,000 : 5770 Midnight Pass Rd # 201, Sarasota2 beds, 2 full baths
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$547,900 : 5855 Midnight Pass Rd # 207, Sarasota3 beds, 3 full baths
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$349,000 : 757 Beach Rd # 508, Sarasota1 bed, 1 full bath
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$250,000 : 1400 Midnight Cove Ii Pl # 632, Sarasota2 beds, 1 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Showing properties
1 - 22 of 164.
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(all data current as of
1/27/2012)
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$2,975,000 : 4929 Higel Ave, Sarasota4 beds, 3 full, 2 part baths
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$2,599,990 : 8191 Midnight Pass Rd, Sarasota4 beds, 3 full, 2 part baths
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$1,099,000 : 800 Idlewild Way, Sarasota3 beds, 4 full baths
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$3,600,000 : 3916 Solymar Dr, Sarasota4 beds, 4 full, 1 part baths
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$4,699,000 : 648 Beach Rd, Sarasota2 beds, 2 full, 1 part baths
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$4,449,000 : 8068 Sanderling Rd, Sarasota4 beds, 4 full baths
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$1,380,000 : 5525 Azure Way, Sarasota4 beds, 4 full baths
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$1,150,000 : 4568 Woodside Rd, Sarasota4 beds, 3 full, 1 part baths
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$939,900 : 819 Paradise Way, Sarasota4 beds, 2 full, 1 part baths
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$2,149,000 : 1248 Northport Dr, Sarasota4 beds, 3 full, 1 part baths
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$965,000 : 6957 Belgrave Dr, Sarasota4 beds, 3 full baths
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$750,000 : 1226 Sea Plume Way, Sarasota3 beds, 2 full baths
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$3,650,000 : 750 Freeling Dr, Sarasota4 beds, 3 full, 1 part baths
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$894,999 : 8307 Midnight Pass Rd, Sarasota2 beds, 2 full baths
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$12,500,000 : 3410 Flamingo Ave, Sarasota7 beds, 8 full, 1 part baths
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$549,000 : 5085 Commonwealth Dr, Sarasota3 beds, 2 full, 1 part baths
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$999,000 : 5180 Sandy Shore Ave, Sarasota3 beds, 2 full baths
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$1,250,000 : 1295 Whitehall Pl, Sarasota2 beds, 3 full, 1 part baths
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$824,900 : 5598 Siesta Estates Ct, Sarasota4 beds, 4 full, 1 part baths
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$2,200,000 : 762 Siesta Dr, Sarasota5 beds, 4 full, 1 part baths
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$1,150,000 : 4959 Oxford Dr, Sarasota4 beds, 3 full, 2 part baths
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$465,000 : 5208 Winding Way, Sarasota3 beds, 2 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Sarasota Florida Luxury Real Estate & Homes | Sarasota FL Luxury Homes for Sale presents Siesta Key Condos for Sale – Siesta Key Homes for Sale
Sarasota FL Luxury Real Estate – The CHOICE is Clear
If you are looking to buy or sell a Luxury Home or Condo in the Sarasota Florida area, you should google – Sarasota Choice Homes.
Sarasota Choice Homes is the Clear Choice when it comes to buying or selling a home or condo in the Sarasota, Longboat Key, Siesta Key, Casey Key, Venice and surrounding areas.Â
Our focus on marketing and exposing your property to the maximum amount of potential buyers is second to none.
Sarasota Choice Homes – Keller Williams Realty
Sarasota Florida Luxury Real Estate & Homes | Sarasota FL Luxury Homes for Sale presents Sarasota FL Luxury Real Estate – The CHOICE is Clear
| Areas Served by Siesta Key Choice Homes: Siesta Key FL Home for Sale: You can use this site to search for luxury homes, condos for sale, waterfront homes, beachfront homes, beachfront condos & foreclosures & short sales.Barrier Islands / Keys: Longboat Key, Lido Key, Bird Key, Siesta Key & Casey Key Surrounding Areas & Choices: Bradenton Fl Homes for Sale, Cortez FL Homes for Sale, Holmes Beach FL Homes for Sale, Osprey FL Homes for Sale, Nokomis FL Homes for Sale, Venice FL Homes for Sale, Englewood Fl Homes for Sale. Featured Property for Sale: Some of the best properties for sale are displayed right here. As experts in the Sarasota Florida real estate market, we can provide you detailed information on these homes, or any others! Email Listing Alerts: Be the first to know what’s coming up for sale in the Siesta Key Florida real estate market with our New Property Listing Alerts! Just tell us what you’re looking for and we’ll email a daily update of all homes listed for sale since your last update. You can unsubscribe at any time. What’s Your Home Worth: Receive a complimentary analysis of your home’s approximate present value in the Siesta Key market today. Let us know if there is something specific you are looking for and we’ll find what you need. Enjoy your visit and please contact us if there is anything we can do to make your next home buying or home selling experience the best it can be! Sincerely, Siesta Key Choice Homes |
Copyright © 2011 Mid Florida MLS. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Mid Florida MLS. Real estate listings held by brokerage firms other than Keller Williams Realty are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.