The Anna Maria Island Sun Newspaper


Vol. 16 No. 44 - August 31, 2016

REAL ESTATE

Playboy and the sand

 

The Playboy Mansion in Los Angeles recently sold for $100 million. According to public records, it is the highest price ever paid for a Los Angeles residence. The mansion is 20,000 square feet with 29 rooms and a zoo with exotic birds and monkeys. Although we don't have any $100 million properties on Anna Maria Island we do have some very impressive numbers which just keep going up.

The last time I reviewed the million dollar and over properties, it reflected five months' worth of sales between Nov. 1, 2015, and March 31, 2016, so it was definitely time for an update. The following sales statistics represent sales between April 1, 2016 and June 30, 2016, as reported on the Manatee County Property Appraiser's website:

The village of Cortez closed four million dollar and over properties ranging from $1,450,000 to $1,048,000. This represents an important step forward for Cortez, which did not have any million and over sales during the five months previously analyzed. In addition, Cortez, as of this writing, has four properties listed between $1,590,000 and $1,100,000 and one listed at $990,000. The properties for sale in Cortez and the remainder of the cities below are obtained from realtor.com, which is generally a reflection of the multiple listing service.

Anna Maria City closed 13 properties during April, May and June this year ranging in price from $2,700,000 to $1,500,000, as well as one property selling for $925,000. The last five-month analysis showed 14 million dollar and over sales and five over $900,000. In my opinion, this is an improvement since we are comparing three months to five months with similar numbers. As of this writing, there are 36 million dollar and over properties listed in Anna Maria City ranging from $5,995,000 to $1,050,000. In addition, there are five properties listed in the $900,000's

Holmes Beach and Bradenton Beach closed 20 properties over a million dollars for the three months I looked at ranging from $1,700,000 to $1,025,000 without any selling in the $900,000 range. The previous five-month analysis showed 10 million dollar or over sales with three sales in the $900,000's, doubling the over million dollar sales. As of this writing, the available listings for these two towns over a million dollars are a blow-out 78 properties available, ranging from $3,495,000 to $1,049,000 with 16 listed in the $900,000's.

This little exercise I do every three to five months serves to keep what's going on around us in perspective, especially for people who don't follow the real estate market as closely as others. I hope you're as impressed with our progress as I am and enjoy reading about it.

One other note, while your head is still spinning from all these impressive numbers, I'll list some of states our new neighbors are relocating from: Indiana, Wisconsin, Illinois, Virginia, Maryland, Tennessee, New York, New Jersey, Pennsylvania, Ohio, Connecticut, Michigan, North Carolina as well as Canada and the United Kingdom.

Those of us who remember the Playboy empire with bunny tails, supper clubs and endless parties may feel the loss of an era, but thankfully the mansion will still go on. It seems like our million-dollar era is just beginning with a lot of growth ahead. We may not have zoos with monkeys, but we do have a lot of exotic birds and a couple of bunnies not to mention awesome properties.

Real Estate Transactions
Real estate transfers of June 2016

Sponsored by Alan Galletto Island Real Estate

Sold Date | List Price | Sold Price | Address | Provision | Property Style

Anna Maria

16-07-11 625,000 525,000 122 Oak Ave 1176 3 Br/2 Ba SFR
16-07-08 745,000 689,000 405 Spring Ave 1696 4 Br/3 Ba SFR
16-07-01 899,000 850,000 302 Tarpon St 1878 3 Br/2 Ba SFR
16-07-05 1,099,000 919,000 525 Kumquat Dr 2288 3 Br/2 Ba SFR
16-07-22 1,200,000 1,100,000 116 Peppertree Ln 1996 3 Br/2.5 Ba SFR
16-07-14 1,250,000 1,153,500 229 Chilson Ave 1597 3 Br/3 Ba SFR
16-07-21 1,250,000 1,170,000 238 Lakeview Dr 2281 3 Br/2 Ba SFR
16-07-25 1,745,000 1,600,000 909 N Shore Dr 1868 3 Br/3 Ba SFR
16-07-25 3,500,000 3,300,000 825 N Shore Dr 3486 3 Br/4.5 Ba SFR
16-07-21 620,000 580,000 218 Palmetto Ave 1648 52x100 Duplex
16-07-15 399,000 350,000 710 N Shore Dr 60x85 Vac.
16-07-07 495,000 470,000 401 S Bay Blvd 76x105 Vac

Bradenton Beach

16-07-01 1,495,000 1,495,000 106 4th St S 3000 6 Br/5 Ba SFR
16-07-01 379,900 349,000 1301 Bay Dr N #5a 1079 2 Br/2 Ba Condo
16-07-28 610,000 585,000 1417 Gulf Dr N #1417 1524 3 Br/2.5 Ba Condo

Cortez

16-07-26 1,800,000 1,720,000 12614 Baypointe Ter 4677 3 Br/3.5 Ba SFR
16-07-12 123,500 107,500 12334 Baypointe Ter 110 x 151 Apx Vac.

Holmes Beach

16-07-11 489,000 475,000 406 Bay Palms Dr 1332 2 Br/2 Ba SFR
16-07-06 549,000 490,000 308 56th St 1080 2 Br/1 Ba SFR 16-
07-12 579,000 575,000 208 Haverkos Ct 2181 65x98 3 Br/2.5 Ba SFR
16-07-18 619,000 620,000 5802 Imperiore Ave 1020 2 Br/2 Ba SFR
16-07-20 650,000 650,000 304 60th St #B 1150 3 Br/2 Ba SFR
16-07-15 849,000 790,000 206 67th St 2139 4 Br/3 Ba SFR
16-07-27 999,000 975,000 307 74th St 1676 3 Br/3.5 Ba SFR
16-07-11 1,299,000 1,185,000 671 Key Royale Dr 2885 221x78 3 Br/2.5 Ba SFR
16-07-19 2,190000 1,800,000 512 59th St 4544 6 Br/4.5 Ba SFR
16-07-11 2,399000 2,100,000 625 Key Royale Dr 3118 4 Br/3.5 Ba SFR
16-07-05 375,000 350,000 3215 Gulf Dr #3215 672 1 Br/1.5 Ba Condo
16-07-01 360,000 360,000 600 Manatee Ave #205 1187 2 Br/2 Ba Condo
16-07-01 389,000 375,000 3402 Gulf Dr #3 359 2 Br/2 Ba Condo
16-07-18 415,000 392,000 5806 Gulf Dr #204 1078 2 Br/2 Ba Condo
16-07-15 499,900 485,000 6006 Gulf Dr #111 1154 2 Br/2 Ba Condo
16-07-11 395,000 367,500 3009 Avenue E 751 2 Br/1 Ba Villa
16-07-26 469,000 425,000 5613 Guava St #A&B 1580 57x105 Duplex

Source: Mid Florida Multiple Listing Service


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