Longboat Key latest sales, contracts — October 16, 2014 through October 22, 2014
A waterfront home on one of Sarasota’s barrier islands has been sold for $3.45 million. The home, at 640 Rountree Drive on Longboat Key, is about 5,100 square feet, according to Sarasota County property records, and was built in 2003. It includes 200 feet of frontage on Sarasota Bay, a bayfront pool and a 60-foot [...]
The Town Attorney’s office compiled a complete overview of all of the ongoing Colony litigation, bankruptcy and foreclosure proceedings. The Town Attorney said it is difficult to speculate on what will happen next or when all of the litigation will be resolved as the various parties in these actions have clearly diverging objectives and litigation strategies.
According to the Sarasota Association of Realtors®, homes and condos continued to sell at a brisk pace in Sarasota County in August, once again nearly reaching the 1,000 level with 975 closed transactions. The eight-month total from the start of the year now stands at 7,850, about 100 sales ahead of last year’s near record [...]