$6.825 million sale on Bay Point Drive is No. 2 this year

By Harold Bubil , Herald-Tribune

/ Tuesday, July 21, 2015

The home at 1459 Bay Point Drive had been listed at $ 8.25 million in November 2013. Staff photo / Harold Bubil; 11-4-2013.

The sale of a 7,800-square-foot mansion at 1459 Bay Point Drive in Sarasota closed this morning at $6.825 million, which is the second-highest price paid for a house in Sarasota, Manatee and Charlotte counties this year.

The property was listed in November 2013 by Kim and Michael Ogilvie of Michael Saunders & Co. at $8.25 million.

The sale price is 83 percent of original list -- a strong showing in a market where mansions typically sell for 30 to 40 percent reductions from original list price.

The sellers were Stan and Merry Williams. The buyers were represented by Bruce Myer of Coldwell Banker and did not take title in their own names.

In March, the Githler mansion on South Shore Drive in the museum district sold for $9 million.

Harold Bubil

Recipient of the 2015 Bob Graham Architectural Awareness Award from the American Institute of Architects/Florida-Caribbean, Harold Bubil is real estate editor of the Herald-Tribune Media Group. Born in Newport, R.I., his family moved to Sarasota in 1958. Harold graduated from Sarasota High School in 1970 and the University of Florida in 1974 with a degree in journalism. For the Herald-Tribune, he writes and edits stories about residential real estate, architecture, green building and local development history. He also is a photographer and public speaker. Contact him via email, or at (941) 361-4805.