FORT LAUDERDALE, Fla. – June 24, 2010 – Gov. Charlie Crist traveled to South Florida today to ceremonially sign this year’s massive condo bill, SB 1196. The bill, among other things, exempts some elevators from code requirements, revises voting laws for condo associations, and makes changes to loss assessment coverage.
More here:
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=242134
Thursday, June 24, 2010
Thursday, June 17, 2010
Sales stats for May – current prices of beach real estate
This just in:
Residential real estate sales for the month of MAY in the following beach areas:
Indian Rocks Beach, Indian Shores, Belleair Beach/Sand Key
There were 43 sales, consisting of:
Condominiums- 26 sales
Single Family Homes - 13 sales
Townhomes- 4 sales
Average square footage = 1585
Average Beds/Baths = 2/2.5
Average list price = $455,081
Average sales price = $400,703
Sales price to List price ratio = 90%
Average Days on Market = 135
Number of properties that are on the beach side of Gulf Boulevard (NOT necessarily Gulf front views) = 24
High sale: $1,350,000 – Belleair Beach house- 4000+ sq ft
Low sale: $101,500 – Condo, Indian Shores
DISTRESSED SALES DATA:
There were 12 distressed sales, consisting of 7 short sales and 1 foreclosure (REO, Bank-owned)
NOW- get over to my website and check out my featured listings and you can see the latest foreclosure lists for FREE!
Thursday, May 13, 2010
Scientists: Chances of oil coming to Bay area very low
Scientists: Chances of oil coming to Bay area very low
Certainly a relief for us in Pinellas County and Tampa Bay. Let's hope they can stop the leak!
Certainly a relief for us in Pinellas County and Tampa Bay. Let's hope they can stop the leak!
Sales stats for April – current prices of beach real estate
This just in:
Residential real estate sales for the month of APRIL in the following beach areas:
Indian Rocks Beach, Indian Shores, Belleair Beach/Sand Key
There were 38 sales, consisting of:
Condominiums- 27 sales
Single Family Homes - 5 sales
Townhomes- 6 sales
Average square footage = 1577
Average Beds/Baths = 2/2.5
Average list price = $428,234
Average sales price = $391,905
Sales price to List price ratio = 89%
Average Days on Market = 100
Number of properties that are on the beach side of Gulf Boulevard (NOT necessarily Gulf front views) = 15
High sale: $1,212,500 – Indian Shores condo- San Kevi- Gulf front
Low sale: $45,000 – Condo, Indian Rocks Beach
DISTRESSED SALES DATA:
There were 12 distressed sales, consisting of 11 short sales and 1 foreclosure (REO, Bank-owned)
NOW- get over to my website and check out my featured listings and you can see the latest foreclosure lists for FREE!
Thursday, April 29, 2010
UF: Florida real estate market has hit bottom
UF: Florida real estate market has hit bottom
Read and decide- seems to be a mixed bag of opinions!
Just remember:
Don't wait to buy REAL ESTATE,
Buy REAL ESTATE and wait!
Read and decide- seems to be a mixed bag of opinions!
Just remember:
Don't wait to buy REAL ESTATE,
Buy REAL ESTATE and wait!
Wednesday, April 21, 2010
Condos-condos-condos! Introducing Reflections
If you’ve spent any time at all in Indian Rocks Beach, you can’t help but notice the two adjoining towers of Reflections, located at 900 Gulf Boulevard. Being the tallest building in IRB, this is THE vantage spot for Gulf views from every one of the 84 condos.
The 11-story block buildings were constructed in 1981 and consist of 42 condos in each tower, referred to as the North or South towers. Each condo is est 1275 sq ft, 2 bedroom with 2 baths, utility area, open living/dining area with large sliders opening to a tiled balcony overlooking the Gulf of Mexico. The master bedroom also features a Gulf facing window and sliders to the balcony. There are 4 penthouse condos that are est 1900 square feet with taller windows on the Gulf and unbeatable views. Here’s the view from a 10th floor balcony of the South Tower:
There is a keyed lobby entrance to the building, a recycling area and wheelchair ramp conveniently by the front door. Entering the lobby, one can access either of the towers via 4 swift elevators, or the common areas, including lounge area, kitchen, restroom facilities, and sauna. Other amenities include a Gulfside heated swimming pool, tennis courts and of course, the beautiful beach and white sand only steps away! There is covered parking under the building for each unit, and adequate parking for guests
Monthly condo maintenance fees range $500-550; the building is pet-friendly and condos can be rented out for a minimum period of 14 days. There is no onsite rental manager.
Average rental potential is minimum $875 weekly during December to April, and minimum $800 weekly during the summer season. Again, minimum rental period is 14 days, and many guests book for a month during the winter season. Average annual rental potential is $15,000-30,000 according to local real estate rental firms, and dependent upon various factors.
The list price of condos currently for sale at Reflections ranges $369,000-$529,000 and recent sales price average is $367,000.
The 11-story block buildings were constructed in 1981 and consist of 42 condos in each tower, referred to as the North or South towers. Each condo is est 1275 sq ft, 2 bedroom with 2 baths, utility area, open living/dining area with large sliders opening to a tiled balcony overlooking the Gulf of Mexico. The master bedroom also features a Gulf facing window and sliders to the balcony. There are 4 penthouse condos that are est 1900 square feet with taller windows on the Gulf and unbeatable views. Here’s the view from a 10th floor balcony of the South Tower:
There is a keyed lobby entrance to the building, a recycling area and wheelchair ramp conveniently by the front door. Entering the lobby, one can access either of the towers via 4 swift elevators, or the common areas, including lounge area, kitchen, restroom facilities, and sauna. Other amenities include a Gulfside heated swimming pool, tennis courts and of course, the beautiful beach and white sand only steps away! There is covered parking under the building for each unit, and adequate parking for guests
Monthly condo maintenance fees range $500-550; the building is pet-friendly and condos can be rented out for a minimum period of 14 days. There is no onsite rental manager.
Average rental potential is minimum $875 weekly during December to April, and minimum $800 weekly during the summer season. Again, minimum rental period is 14 days, and many guests book for a month during the winter season. Average annual rental potential is $15,000-30,000 according to local real estate rental firms, and dependent upon various factors.
The list price of condos currently for sale at Reflections ranges $369,000-$529,000 and recent sales price average is $367,000.
Saturday, April 10, 2010
Sales stats for March – Current prices of beach real estate
This just in:
Residential real estate sales for the month of MARCH in the following beach areas:
Indian Rocks Beach, Indian Shores, Belleair Beach/Sand Key
There were 27 sales, consisting of:
Condominiums- 16 sales
Single Family Homes - 5 sales
Townhomes- 6 sales
Average square footage = 1523
Average Beds/Baths = 2/2.5
Average list price = $472,594
Average sales price = $410,472
Sales price to List price percentage = 91%
Average Days on Market = 101
Number of properties that are on the beach side of Gulf Boulevard (NOT necessarily Gulf front views) = 12
High sale: $1,025,000 – Sand Key condo- The Grande- Gulf front
Low sale: $146,500 – Townhome, Indian Rocks Beach
DISTRESSED SALES DATA:
There were 3 distressed sales, consisting of 2 short sales and 1 foreclosure (REO, Bank-owned)
NOW- get over to my website and check out my featured listings and you can see the latest foreclosure lists for FREE!
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