Lynne Koy of Coldwell Banker’s Longboat Key office sold $6 million in volume earlier this week in one day. One of the deals was the most expensive condominium in The Water Club year-to-date, at $3.5 million.
The transactions: n 1281 Gulf of Mexico Drive, No. 1002, sold for $3.5 million. Lynne Dowd of Medway Realty was the buyer’s agent.
n 3542 Mistletoe Lane sold for $1.45 million, with Shayla Twit of RE/MAX as the buyer’s agent. n 454 N. Washington Drive on St. Armands Key sold for $1.34 million. Sue Levin of Key Realty was the buyer’s agent.
RISDON ON 5TH GROUNDBREAKING
Ground was broken for the Rosemary District Development, Risdon on 5th, on June 14.
The project, developed by Steve Bradley of Risdon Group, is a gated, mixed-use boutique condominium described as Trop-Urban. It will have 28 units with a rooftop pool and views of Sarasota Bay. Units are priced from $349,000 to $899,000. To date, six commercial and 14 residential units have sold. Completion is projected for summer 2017.
Intended commercial uses: real estate developer, architect, art gallery, custom sign company, investor.
The building was designed by Halflants + Pichette Studio for Modern Architecture.
For more information, call 941-365-1414 or visit www.risdonon5th.com.