REAL ESTATE HEADLINES
  • Sarasota cabinet company pays $2.6 million for showroom and warehouse
    SARASOTA - Custom cabinetry company J&K Kitchen and Bath paid $2.6 million for a mixed-use property where it will combine its now separate showroom and warehouse operations.The company acquired the two-acre site, 740 Apex Road, that contains two buildings of 20,448 square feet and 11,913 square feet, including 8,000 square ... read more
    By John Hielscher
  • Airbnb a boon for Florida seniors
    Florida's senior citizens enjoy a healthy stake in Airbnb's home-sharing and vacation-rental market. More than 45 percent of the hospitality company's 40,000-plus hosts in the Sunshine State are senior, and those 18,000 hosts earned more than $150 million through the company's platform in 2017, Airbnb reports.Globally, the value of the ... read more
    By Chris Wille
  • Orlando housing market heats as home prices outpace wages
    ORLANDO - With Orlando home prices rising six times faster than wages in the last year, competition has revved up for condos and townhouses, a new report shows.The smaller, more affordable residential options represented just 12 percent of the 3,508 home sales in an area of mostly Orange and Seminole ... read more
    By Associated Press
  • HAROLD BUBIL: Top 5 buildings that had significant impact on Sarasota
    Recently on Facebook, I asked people, "What is your favorite building in Sarasota?"The responses varied quite a bit. Janet Minker, former chair of the Sarasota Architectural Foundation, showed a photo of the Umbrella House in Lido Shores.Architect Max Strang commented with a black-and-white photo of the Syd Solomon House on ... read more
  • Looking for a new chapter
    "Unique" is a word that is overused in real estate, but a historical property in downtown Arcadia, 50 miles east of Sarasota, certainly is worthy of that description.The $479,900 asking price seems well above the DeSoto County market until one realizes that the listing is for the entire 1907-vintage Owen ... read more
    By Harold Bubil
  • Homebuyers learn to move quickly
    Rising home prices and a slim supply of starter homes in many areas are making this spring a challenging one for first-time buyers, real estate professionals say.The typical price of a previously owned home in March was about $250,000, up nearly 6 percent from a year earlier, according to the ... read more
    By By Ann Carrns The New York Times
  • FLORIDA BUILDINGS I LOVE : No. 75: Castillo de San Marcos, 1695, St. Augustine
    The Castillo de San Marcos became the first "Florida building I love" on Friday, Aug. 3, 1962.That is when I visited it with my family on a short vacation to the Nation's Oldest City in an un-air conditioned 1958 Dodge.It was an old fort with massive walls topped with cannons. ... read more
    By Harold Bubil
  • Lakewood Ranch development gains retail tenants
    The Green at Lakewood Ranch, a new 37-acre, mixed-use development within the Collaboration Opportunities for Research and Exploration (CORE) project at Lakewood Ranch, will soon feature a host of retail options.Orlando-based Tavistock Development Co. announced Friday that a new three-tenant, free-standing structure at The Green's entrance will be home to ... read more
    By Staff Report
  • $7 million Longboat Key home sale a bayfront high
    Yet another luxury real estate transaction closed Wednesday with a $7 million sale on Longboat Key. The sale is the highest-priced closing of a bayfront home on the key going back at least 10 years, according to the MLS.Dubbed Acqua Vita, from the Italian for "water of life," the new, ... read more
    By Chris Wille
  • $7 million sale a bayfront high point
    Yet another luxury real estate transaction closed Wednesday with a $7 million sale on Longboat Key. The sale is the highest-priced closing of a bayfront home on the key going back at least 10 years, according to the MLS.Dubbed Acqua Vita, from the Italian for "water of life," the new, ... read more
    By Chris Wille