The Ultimate Beach house on Manasota Key

Spectacular Gulf to Bay property at the most northern tip of gated North Manasota Key Road. Absolute privacy in a true tropical paradise setting with over 1.25 acres and over 200 feet of beach front. Casual beach house with gulf side heated pool, vaulted ceilings, coral stone fireplace and a wonderful screened porch. Owner offering approved plans for a 7000 sq. ft. home that spent three years in the approval process. Includes a permit to retain a beach side pool and the ability to gate the road at the property's entrance. Beautiful "pet-friendly" walking beach and a private dock on Lemon Bay. Two platted lots. Property next door is also available....combined purchase would be over 300 ft. of beach front on 2 plus acres. Both properties are at the end of this private gated road.

Key Concierge Opens Concierge Sarasota

Longboat Key-based Key Concierge, a home watch and property management company, has opened a Concierge Sarasota division that plans to provide comprehensive services to individuals and groups. Concierge Sarasota is partnered with the Sarasota Association of Realtors. Susan Robinson is president of both companies.
Contact us and we will be happy to put you in touch.
941-993-6443 or 1888-755-2637

Condo sells for boom time price

Sarasota Herald Tribune

By Tom Bayles

SARASOTA - A penthouse at the Residences at the Ritz-Carlton Sarasota sold for $3.3 million on Monday, or about $125,000 above what it last sold for during the height of the housing boom.

The Ritz-Carlton penthouse is nearly 5,000 square feet, with four bedrooms and three-and-one-half baths. It has wide views of the Gulf of Mexico. The price - $3.3 million - is the highest paid for a luxury condominium in Sarasota County since August 2008.


The penthouse was listed Jan. 26 for $3.995 million and was bound to contract in 16 days.

The 18th-floor penthouse includes an entry foyer, large living room, formal dining room, eat-in kitchen and a library.

The condo has wide views of the Gulf of Mexico.

Property records show that the penthouse has been owned since April 2005 by William E. Wallace III and Rose S. Wallace. The sellers were represented by Linda Driggs of the Main Street office of Michael Saunders & Co.

The buyer, whose name was not released, was represented by Prudential Palms Realty.

The penthouse deal came after the March 4 sale of a $7.125 million mansion on Longboat Key that marked the highest-priced single residential sale for the region in nearly a year.

The estate's sales price represented a $3.375 million drop from the September listing price of $10.5 million, but the property at 5871 Gulf of Mexico Drive went under contract in a little more than four months.

Before that sale, the largest area residential sale in the past year was an $8 million beachfront home at 4067 Shell Road on Siesta Key.

Longboat Key sale

LONGBOAT KEY - A deal closed Wednesday for a $7.125 million mansion on this tiny island, one that marks the highest-priced single residential sale for the region in nearly a year.

The sales price represented a $3.375 million drop from the September listing price of $10.5 million, but the property at 5871 Gulf of Mexico Drive went under contract in a little more than four months.

The $7.125 million price represented a sum that is nearly 50 times the median sales price of $144,800 for homes in the Sarasota-Bradenton market during January. Foreclosures and short sales have driven that median down to late 2001 prices.

Christina Landry, a Realtor with the St. Armands Circle office of Michael Saunders & Co. brought the unidentified buyer to the table while Longboat Key's Reid Murphy was the listing agent.

The 1.2-acre estate, completed last year, includes 7,046 square feet of air-conditioned space.

The property also includes a private two-bedroom guest house with a loft, accessible from the main house by a covered walkway.

The main home has five bedrooms, a 40-foot beach-entry pool and another, upstairs pool.

Before the sale of this estate, the largest area residential sale in the past year was an $8 million beachfront home at 4067 Shell Road on Siesta Key.

That property sold in April to a client of Kim and Michael Ogilvie of Michael Saunders & Co.