REAL ESTATE

24 THE SUN REAL ESTATE

The always-evolving real estate market

Not everyone wants to own a home of their own. Those of us who have always owned rather than rented understand the challenges faced in ownership, whether you’re in a single-family home or a condo. I know the feeling; there have been many days when I wished I didn’t have the responsibility of home ownership, and an interesting concept floating around the country may be right up my alley.

High-end rental communities are being built by top single-home builders catering to individuals who do not feel they need to buy a home. This trend is increasing and appealing to a variety of people ranging from young professionals who have not been able to fight their way into the housing market to empty-nesters, who are taking their equity and opting for a turn-key lifestyle.

These “build-to-rent” single-home communities are designed exclusively for rentals with high-end finishes and amenities that are geared to appeal to the luxury market. Rents in the $2,500 to $3,000 range can make sense for people with good incomes who may not be worried about accruing wealth in their homes. It’s kind of the perfect arrangement for seniors who aren’t dependent on building equity and want a fresh high-end home to live in.

And so far, it appears this is not going away. The build-to-rent segment of the real estate market is growing. In 2020, 60,000 build-to-rent homes were constructed, and in 2021 it is expected that the number will increase to 80,000. Renting is looking better and better to a large segment of the population, allowing for a quick relocation for job or family responsibilities.

Before we go over the June sales statistics, I thought I would share yet another “best place” report recently published by Southern Living Magazine. This one is America’s best beach towns for retirement. Thankfully, Bradenton and Anna Maria Island were not on this list; however, five other Florida cities were, three of them on the west coast - Naples, which came in number one, Sarasota, Venice, Vero Beach and Stuart. And let’s give recognition to our neighbor, Lakewood Ranch, for being named the best-selling community in the country with 1,535 new home sales through the end of June.

Here are the June Manatee County sales statistics reported by the Realtor Association of Sarasota and Manatee.

Closed single-family homes were up 24.3% from last year; cash sales were up 129.9%; the median sale price was $405,305, up 24.7%; the average sale price was $576,522, up 37.5% and the median time to contract was five days.

Condos closed 38.8% more this June compared to last June; cash sales were up 61%; the median sale price was $280,000, up 30.7%; the average sale price was $331,691, up 39% and the median time to contract was six days.

Available inventory continues to be low; about a six-month supply for both single-family homes and condos. Sarasota County is also experiencing higher sales prices every month and low inventory as well. Also impressive is the percentage of cash sales from last year for single-family properties, up just under 130%.

It’s still a great seller’s market, but don’t assume the market and personal family issues can’t change on a dime, making renting very attractive to some. The real estate market continues to evolve, offering more and more lifestyle options. In an ever-changing world, it’s always nice to leave your options open.

Castles in the Sand

LOUISE BOLGER

BEACH BEAT

BRADENTON BEACH

7/19, 11:59 p.m., battery. Suspect and his 10-year-old son got separated from the rest of their family after fishing at the Bridge Street Pier. Suspect took his son to a bar with him while he had drinks after getting separated. Once they returned to their rental condo, an argument took place between the suspect and his child’s mother over the drinking. The suspect allegedly struck her on the neck during the argument, at which time she called 911. The suspect was arrested and charged with battery. A handgun the suspect had in the residence was confiscated by police and into evidence. 7/19, 12:55 a.m., aggravated battery, 110 Gulf Drive S. Officers were dispatched to a fight at the Moose Lodge in Bradenton Beach. After a New Jersey lodge member’s car was towed for parking after hours, the suspect banged on a service window of the lodge irate about the tow. While counting money after closing, an employee opened the window to inform the customer that he needed to call the tow company. The suspect reached in and grabbed a rubber bar mat then struck the employee in the face causing lacerations. The suspect was arrested on battery charges. 7/14, 11:55 p.m., battery, 3228 East Bay Drive. The complainant stated that while he was re-racking a kayak on a top shelf, his coworker came behind him and put his arms around him then began making a sexual thrusting motion from behind. He stated this act was made without permission and was unsolicited. 7/17, 1:20 a.m., marijuana possession, 700 Manatee Ave. After officers observed a vehicle fail to stop at a flashing red light on Gulf Drive, they initiated a traffic stop. A strong odor of marijuana was detected, and the driver did not have a medical card. The driver was not arrested, but was issued a citation for possession of marijuana under 20 grams. 7/17, 5 a.m., city ordinance violation, alcohol, 4000 Gulf Drive. Two suspects were observed on the top level of the lifeguard tower drinking beer from 12-ounce bottles. Officers dumped out remaining alcohol and cited the suspects for the violation. Suspects were transported home by officers after being cited. 7/17, 12:17 p.m., no valid driver’s license, 6300 S.R. 789. The officer observed a vehicle drive through a marked pedestrian crosswalk where a family was actively crossing. After initiating a traffic stop, the suspect was not in possession of valid identification and admitted he had an expired ID and no valid driver’s license. The suspect was cited for failure to yield to a pedestrian as well as no valid ID.

OBITUARIES

Wade W. Ladue

Wade William LaDue, of Independence, Mo., and Holmes Beach, Fla., passed away peacefully on July 20, 2021, in Independence.

Wade was born on Aug. 31, 1935. He graduated from high school in San Pedro, Calif., where he was an outstanding athlete in football and especially baseball. A graduate of the University of Missouri Class of 1957, he lettered in baseball and made many lifelong friends in Sigma Chi. Commissioned in the Army, he worked three years for the Kansas City Athletics before embarking on his 24-year Army career as a pilot and in public relations. He loved flying, especially the twin-engine Caribou he transported to Vietnam in 1968 for the second of his two tours. Assigned around the world, he specialized in public affairs before retiring. Wade returned to Kansas City as the director of public relations and publications for the National Headquarters of the VFW. He spent his final working years as owner of Destinations Unlimited Travel, in Blue Springs, Fla.

Wade was a member of Sigma Chi, VFW, Army Otter Caribou Association, Key Royale Golf Club, MOAA, First United Methodist Church of Blue Springs, and Roser Memorial Church in Anna Maria, FLa. He loved flying, traveling, playing golf, music, caring for his dog, Bisbee, and his family and friends.

Surviving is his wife of 64 years, Gloria; children, Paul (Katrina) of Gladstone and Ginny Gordanier (Kyle) of Peculiar; grandchildren Cody(Tirzah) and Ella Raney, Nick and Elise LaDue, Kimberly (Zac) Parks, Robert Gordanier; greatgrandchildren Izabella and Bo Raney.

Special thank you to the staff at Villages at Jackson Creek Memory Care and Lumicare Hospice. A debt of gratitude and love to Manuela Espinosa, caregiver and friend.

In lieu of flowers, donations to the First United Methodist Church, 301 S.W. Woods Chapel Road, Blue Springs, Mo., 64015, and Roser Memorial Church, 512 Pine Ave., Anna Maria, Fla. 34216 are suggested.

Services are Wednesday, July 28 at 3 p.m. at the First United Methodist Church of Blue Springs.

Perico Bay Club—As Good As It Gets!!

Business As Usual…..Just A Li le Differently. If you’re looking to buy or sell in Perico Bay Club, or know someone who is, please give me a call!

Give me a call today if yo oGive me a call today if you’u re looking ge lookine re to Buy or Sell on Anna Maria Isla yBuy or Sell on Anna M Maria Isla MariaMari nd d or the surroundi a ng area!

anIsla ounding oun a a!ding g ng area ea Lynn Zemmer 941 41-1 730 30-0 1294 94 9 941.209.1542 I Lynn@Edgewaterami.com

City staff gets CPR certified

SUBMITTED | JAMES THOMAS

Holmes Beach city staff stepped into the city commission chambers July 22 for a lesson in CPR. All participants got to try their hand at lifesaving tasks including administering mouth to mouth resuscitation and chest compresses, among other skills.

ANNA MARIA ISLAND

607, 609, 611 Fern Streets & 610 Rose Street 12 Beds 6 Baths 1,568 Sq. Ft. Hannah Hillyard & George Myers 941-744-7358 A4497933 $5,900,000

BRADENTON

5948 Riverview Boulevard 5 Beds4/1 Baths 5,091 Sq. Ft. Kathy Valente & Gregory Zies, LLC 941-685-6767 A4504528 $2,300,000

BRADENTON

3608 W 54th Drive W J101 & J102 4 Beds 4 Baths 3,776 Sq. Ft. Leah Secondo 941-545-4430 A4497828 $699,900

ANNA MARIA ISLAND

112 Mangrove Avenue 4 Beds2/1 Baths 3,577 Sq. Ft. Hannah Hillyard & George Myers 941-744-7358 A4502423 $4,350,000

BRADENTON

8201 17th Avenue W 3 Beds3/1 Baths 2,765 Sq. Ft. Becky Sirigotis 941-201-8000 A4504726 $1,200,000

BRADENTON

9235 43rd Terrace W 3 Beds 2 Baths 2,482 Sq. Ft. Erica Thomas 941-799-9365 A4502020 $599,999

ANNA MARIA ISLAND

8017 Marina Isles Lane 3 Beds3/1 Baths 3,593 Sq. Ft. Kate Enis 941-330-6068 A4500595 $7,250,000

BRADENTON

7304 24th Avenue W 2 Beds 2 Baths 1,527 Sq. Ft. Maria Christenson & Karla Davidson 941-920-3583 A4499897 $450,000

PERICO ISLAND

303 108th Street W 114 2 Beds 2 Baths 1,083 Sq. Ft. Hannah Hillyard & George Myers 941-744-7358 A4500468 $300,000

ANNA MARIA ISLAND Pending

106 Tern Drive 4 Beds4/1 Baths 3,649 Sq. Ft. Hannah Hillyard & George Myers 941-744-7358 A4501850 $3,595,000

LONGBOAT KEY

6830 Hughes Street 3 Beds 2 Baths 2,376 Sq. Ft. Ian Addy, PA & Gail Wittig, LLC 941-961-8850 A4506649 $975,000

BRADENTON

4152 Overture Circle 2 Beds 2 Baths 1,228 Sq. Ft. Ralph & Megg Faillace 941-713-9142 A4502160 $245,000

HOLMES BEACH

103 75th Street 4 Beds 4 Baths 2,737 Sq. Ft. Kathy Marshall 941-900-9777 A4495220 $3,200,000

LONGBOAT KEY

1701 Gulf Of Mexico Drive 303 2 Beds 2 Baths 1,551 Sq. Ft. Michael Moulton 941-928-3559 A4503585 $899,000

NEW CONSTRUCTION

LONGBOAT KEY

The Residences at the St. Regis Sales Gallery, 100 South Washington Blvd. Georgia Kopelousos & Lynn Morris 941-928-7585 A4498523 $6,945,000

941.896.9981 | MICHAELSAUNDERS.COM

There has never been a better time to sell your property

ANNA MARIA

209 South Bay Boulevard Shellie Young

$2,700,000 941.713.5458

Visit or call us for a private consultation ListWithUsToday.com | 877.539.9865

LONGBOAT KEY

3105GulfofMexicoDrive $12,900,000 Joel Schemmel 941.587.4894 BAYOU BEND

1112 64th Street NW $3,200,000 Lisa Morreale 941.400.9038 LONGBOAT KEY

3476 Mistletoe Lane $2,599,900 Marty Warren 941.724.1854

HOLMES BEACH

107 81st Street $1,850,000 Shellie Young 941.713.5458 RIVERVIEW LANDINGS

2412 Landings Circle $1,200,000 Martha Marlar 941.812.0455 LONGBOAT BEACH HOUSE

4311GulfofMexicoDrive #203 $964,900 Sandi Ansilio 941.586.8679

SARASOTA - DOWNTOWN | 941.364.4000

VENICE TO PUNTA GORDA | 941.412.3323 LAKEWOOD RANCH | 941.907.9541

LONGBOAT KEY | 941.383.1526