REAL Exclusive Properties Featuring The Jewel by REAL Magazine

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Exclusive Properties

Brilliant Location Sparkling Views Lustrous Amenities

1 | REAL Exclusive | GetRealExclusive.com

A big house on a small lot. A neighborhood without ancient oaks. A view of your neighbor’s living room.

You won’t find any of these at The Forest.

What you will find is a community with a unique vision for “low-impact” development where estate homes are defined by their expansive surroundings. The Forest honors the Turner family’s heritage of environmental stewardship and preserves the natural beauty of the land that has been carefully managed for generations. Now, a select few new families have the opportunity to be among the first to live on the historic Hi Hat Ranch, and be a part of Sarasota’s next great master planned community. There are 35 home sites and residence packages still available, priced from $600,000 to over $2.5 million. At The Forest, each home will be built in custom fashion by premier homebuilders with an emphasis on exceptional design and craftsmanship, and the application of superior materials to create the perfect home. If you or your interested customer would like to learn more about The Forest at Hi-Hat Ranch, please contact our exclusive representative to tour the extraordinary: Brian Wood | 941.928.8408 Premier Sotheby’s International Realty The Plaza at Five Points, 50 Central Avenue, Sarasota, FL 34236 More info available at premiersothebysrealty.com brian.wood@sothebysrealty.com

www.theforestathihatranch.com 2 | REAL Exclusive | GetRealExclusive.com Sotheby’s International Realty and the Sotheby’s International Realty logo are registered service marks used with permission. Each office is independently owned and operated. Equal Housing Opportunity.

View from The Forest at Hi Hat Ranch

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Exclusive Properties 5 | Kerried Away The Jewel by Kerrie Lehnert

9 | REAL estate Luxury on the Rebound by Michael Sanders

WELCOME TO EXCLUSIVE PROPERTIES Inside you will find some of the most unique properties available in the region. Each month the area’s most respected resources will share their insight into the luxury home market. If you want premier print and web exposure for your listing of spec home, call (941) 921.2117 or email EdBertha@GetRealExclusive.com Enjoy! Ed Bertha

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REAL | kerried away

The Jewel

By Kerrie Lehnert

As the first major residential development constructed locally since 2007, The Jewel, is a soon to be sleek and modern silhouette at the gateway to downtown Sarasota. Slated for construction at the corner of Main Street and Gulf Stream Avenue, The Jewel will span one of Sarasota’s most prized blocks. Years ago, the site of the location of The Jewel is where the city met Sarasota Bay, beginning the transformation of the Town of Sarasota into the City of Sarasota. With the construction of The Jewel, this block will once again transform Sarasota.

Tom Mannausa, Developer of The Jewel, spent years imagining constructing something at this premier location. Ultimately purchasing the three separate parcels, encompassing 105 feet on Gulf Stream Avenue and 150 feet on Main Street, Mannausa met with five architects to help realize his vision. Gary Hoyt, AIA was selected by Tom to design an innovative and contemporary mixed use building. The building’s design enables the tower’s base to interact with the street, while the tower is its own element with the 5 | REAL Exclusive | GetRealExclusive.com

sky. The glass materials intertwine the 236 foot tall structure and due to their color and translucency at the same time reflect the bay and city lines. The 17 story luxury residential tower will become the tallest building in Sarasota while The Jewel’s observation deck is slated to be the tallest north of Bonita Springs. The Jewel blends street level retail with luxury living and separates them with an amazing floor of amenities, Hoyt emphasizes, “The Jewel has an interplay between glass and concrete. It asserts a strong connection to the ground and pedestrians…and accentuates you are part of a bay front community.” The cornerstone of the Jewel is moving art; two facets of sandwiched glass with water falling inside. The Jewel ultimately entwines land, water and air. “It has a strong composition from the bay, the color of the glass really compliments the idea of The Jewel,” Mannausa explains. Hoyt continues, “The glass’ opacity and its translucence makes the building have an approachable, light, counterpoint to it. We designed it with an accentuating vertical corner to create a tall, slender corner. There is a slight tilting of the glass corner that allows better visibility for one’s view on the balcony. This design further highlights the side of

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the tower, angling that has a slight downward slope. What occurs is an inside, concave arc, a very graceful curve that you’ll get at the balcony, not sitting out in a corner of a balcony but in this curvature of the community. This idea reinforces the whole bay idea.” While the exterior of the Jewel is very well planned to be an amazing addition to our skyline, its interiors are equally well designed gems. “Every detail was examined by JKL Design, Hoyt Architects and Tom for long-term function met with form, which we have reinforced through design and material selections,” explains Hoyt. Kurt Lucas, ASID of JKL Design Group worked diligently in material selections and themes, both interior and exterior. Lucas views The Jewel as, “Exclusive, modern and earthy…like a comfortable pair of jeans with a diamond belt.” “These are two renowned design specialists exhibiting respect and patience towards each other in arriving at our final concept,” reflects Mannausa. Entering into The Jewel’s lobby, one is welcomed again by falling water. The ambiance is contemporary continuing the theme of the building. It is intended to be welcoming

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and timeless. It is the urban, exclusive, modern design of The Jewel that links design and living. The sweeping glass views and the 33-foot-high lobby are inspiring and something the new tower residents will truly appreciate. The amenity deck for residents and guests is situated on the third level. It includes a club room, high tech gym with a yoga room and Pilate’s studio, a 20 meter pool, Jacuzzi, steam bath, sauna, croquet and 9 hole putting green, platform tennis court and grilling/entertaining area. Both the pool bar and grill bar utilize waterproof TV’s “The amenity deck is one of the top reasons why people are purchasing,” Mannausa shares. “Every item was carefully planned, including hiring a top fitness/gym designer from Boston to ensure the fitness center would be truly a standout!” The Jewel contains 18 luxury residences ranging from 2,100 to 4,300+- square feet, all featuring floor to ceiling glass. Every residence has a spacious balcony, 11’+- ceiling

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heights, Miele appliances, Lube cabinets, distinctive finishes, designer LED lighting and enclosed on-site parking. Implementation of fine Italian made porcelain made products are incorporated into many elements of the interior finishes. As shared by recently retired Sarasota City Planner Harvey Hoagland, who was active in the planning process for The Jewel, “The Jewel is a return to the architectural legacy that Sarasota was after World War II. It encompasses the next evolution of the Sarasota School of Architecture.” That’s The Jewel. I look forward to toasting the start of construction.

J The

Jewel

The Jewel 5 South Gulfstream Avenue Sarasota, FL 34236 (941) 365.1511 www.Mannausa.com

REAL | estate

Luxury On The Rebound By Michael Saunders It’s no coincidence that our region’s highest residential sale in two years occurred at the same time that the Dow was closing-in on an all-time high, restoring virtually all of the $16 trillion dollars in personal wealth that was wiped out during the Great Recession. Also restored is buyer confidence in the real estate market at precisely the moment when home prices have tilted upward after shedding as much as 50% of the artificially-induced appreciation that occurred during the boom years.

after only three months on the market. The iconic property closed for $7 million because its modernist design, spectacular bay front location and uncompromised workmanship proved irresistible for its new owners. Two days later the Dow roared to a record high. No doubt these buyers are congratulating themselves for their near-perfect timing of both the real estate and stock markets.

Though their fortunes were humbled by the recession, the wealthiest buyers have not lost their appetite for luxury. A new survey commissioned by our international brokerage partner, Luxury Portfolio International, recently probed how the changed psyche of the luxury buyer is influencing their buying behavior in our post-recession economy.

must-have luxury checklist. Likewise, Villa Solstice is a study in over-the-top grandeur, sophistication and nuanced design. This landmark waterfront estate boasts every conceivable feature and amenity, including its prized location in the heart of Sarasota’s historic Museum Area neighborhood and cultural district.

Two other MS&C listings—Little Bokeelia Island and Villa Solstice—have also created quite a buzz in the international media. This confirmation that our market has bottomed is exactly what Both have been featured prominently in the Wall Street Journal buyers were waiting for. Through mid-March of 2013, 41 properties because they are exactly the sort of one-of-a-kind properties that over $1 million were sold in Sarasota and Manatee Counties—or today’s upper echelon buyers are determined to find. just over four per week. I am especially pleased to report that Little Bokeelia Island is pure fantasy brought to life. Imagine agents from Michael Saunders & Company participated in 29 of your own private island just offshore Boca Grande, between these sales, or 70%. Moreover, the trend seems to be strengthening. Naples and Sarasota. In addition to its sublime ambiance, this During the same 10-week period, 91 properties over $1 million magical property boasts the island’s original home, which has were placed under contract, with closings expected soon. been exquisitely restored and includes every item on today’s

As their investment portfolios stabilized and the shock of their financial losses began to lessen, high-end buyers began to test the waters again, albeit with mindsets governed by fear; and where the best price on a property became more important than best quality.

The market for new construction is also making a comeback. Buyers now have the opportunity to purchase a residence within the first new luxury condominium to be built on Longboat Key in seven years. Our New Homes & Condominium Division recently unveiled Infinity, a Gulf front condominium midway up the key with just eleven units; and the response has been unbelievable. Clearly with inventories low, the economy on a faster track to recovery and luxury buyers feeling more confident about their finances than ever, the time is absolutely right for new luxury communities such as this.

Fast forward to 2013. Emboldened by their recovered wealth, these same buyers appear determined to demonstrate how adroitly they managed their personal balance sheets, paid down debt; and emerged from the recession in stronger financial positions than when they went in. As such they are no longer willing to compromise on quality or location and are purchasing some of the The debut of developer Tom Mannausa’s The Jewel is a good most luxurious, one-of-a-kind properties our market has to offer. case in point. Since formally announcing the new luxury tower Take for example the magnificent Siesta Key property that our on downtown Sarasota’s bay front, most of the available units are agents Marcia Salkin and Paulene Soublis listed and Pam Charron reserved, giving other developers the impetus to move forward sold in late February for $10 million. Aptly dubbed “Snook Inn,” its with several new communities throughout Southwest Florida. new owners now inhabit a resort-like property that is so singular in quality, location and features that it is doubtful it could ever be duplicated at any price. Add to this the fact that the gated estate sits on nearly two acres, enjoys 500 feet of scenic frontage on Sarasota Bay and lives like an island within an island and you can understand why properties such as this are ripe for the picking. Luxury buyers are scouting for the most meaningful ways to both invest and enjoy their recovered wealth.

Michael Saunders Michael Saunders & Company (941) 953.7900 MichaelSaunders@MichaelSaunders.com

The same situation occurred just a week later when our top-selling team of Kim and Michael Ogilvy sold their Harbor Acres listing

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290 N. Washington, Lido Key MLS # A3975045 $5,990,000

9230 Blind Pass Road, Siesta Key MLS# A3975160 Each parcel can be sold separately. $10,188,000

Breathtaking bay views and amazing amenities, including the deep-water boat dock, state of the art movie theater and heated pool and spa make this home an offering of true genius. This home has 5 bedrooms, 4 full and 2 half bathrooms, and a 5 car attached garage.

Enjoy the splendors of paradise! Incredible package of homes available on Siesta Key! Main home is 4B/5.5BA + Bonus Rm & Den at 7,845sf. 2 guest homes included & a vacant gulf front lot. Main home listed for $4,999,000. Nearly 200 linear feet of gulf frontage!

4225 Higel Avenue, Siesta Key MLS# A3969941 Builder package available for a luxurious 4B/4BA 4,000sf home for $2,850,000 or purchase the lot for $1,595,000

5582 Siesta Estates, Siesta Key MLS# A3969268 $1,249,000

Rarely available 1 acre lot with 200 linear feet of waterfront on Roberts Bay! Includes a private dock with lift, new sea wall, and private deeded beach access. Brandy Coffey Coffey & Company Keller Williams International Realty Saint Armandâ&#x20AC;&#x2122;s Circle 9 Fillmore Drive Sarasota, FL 34236 (941) 284.4474 BrandyCoffey941@gmail.com 10 | REAL Exclusive | GetRealExclusive.com ABR,CIPS,CLHMS,CRS,RSPS,TRC Licensed Real Estate Broker

Location, luxury, and lifestyle. This is a gorgeous 5B/5.5BA/3CG custom built pool home within the gates of Siesta Estates. Within close proximity to the world famous Siesta Key Beach! Home may be purchased fully furnished.

MLS# A3969159 $949,900 - Possible owner financing 4822 Ocean Boulevard #PH-C Siesta Key

Breathtaking views from this stunning 12th story penthouse balcony. True full gulf views allow you to witness the dolphins playing in gorgeous Midnight Pass, while you overlook the lands of Longboat Key and Lido Key beyond the Sarasota bridge to the lights of downtown Sarasota; all from the privacy of your balcony. This Penthouse is a complete remodel and looks like a million! Everything is new! 3BR 2B

6334 Laguna Drive, Longboat Key MLS# A3970785

$899,000 - Possible owner financing New Construction - Tree House! Where the water, trees and sky surround you. This secluded retreat lies behind the gates of nine home waterfront subdivision. Deeded boat dock for your sailboat, power yacht with the shoreline engulfed in warm tropical breezes, white sands and turquoise blue waters of Gulf of Mexico all across the street. Quality throughout, open floor plan, 3BR 2/2 B with elevator. Gerald Cunningham, Jr. Keller Williams ‘’On the Water’’ International Realty Saint Armand’s Circle | 9 Fillmore Drive | Sarasota, FL 34236 longboatkeyrealty@gmail.com | (941) 321.8848

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1025 South Orange Avenue West of Trail | MLS# A3974340 | $899,000 Thomas Reed Martin classic 2-story colonial with charm, taste and quality craftsmanship on a lovely high and dry estate size lot with plenty of room for expansion or pool. Carolyn Barker Collins (941) 320.0722 Carolyn.Collins@SothebysRealty.com Roberta Tengerdy (941) 321.2292 Roberta.Tengerdy@SothebysRealty.com

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Premier Sothebyâ&#x20AC;&#x2122;s International Realty 50 Central Avenue, Sarasota, FL 34236

3935 Shell Road, Siesta Key MLS# A3973186 $6,500,000

The ultimate in beachfront living; an exquisite gulf-front Mediterranean estate with an emphasis on magnificent views and al fresco living. A gated 3/4+ acre tropical paradise with lush tropical landscaping, extraordinary beach frontage and a home built with old world charm of the highest quality construction and fine finishes. The expansive 2-story living room with natural light culminates in a rotunda ceiling. Features include top-of-the-line fixtures and appliances, soaring ceilings, expansive gourmet kitchen with granite counters and family room. Elevator, impact glass, privacy wall, 3-car garage. 4BR 4/1B

106 12th E Avenue, Palmetto MLS# A3966867 $1,695,000

Brand new custom waterfront home designed and built by John Cannon Homes offering direct views of the beautiful Manatee River. This stunning custom home offers exquisite finishes including imported Italian stone flooring, hand selected granite countertops, custom raised wood panel cabinetry, gourmet kitchen with top of the line appliances including Sub-Zero and Wolf. Quality abounds throughout this waterfront home with the very latest building code requirements for hurricane protection including Impact glass, premium quality roofing and sound insulation. In addition the home has a full complement of Green technologies that include tailored foam insulation and tankless water heaters for energy efficiency. For the boater a 50â&#x20AC;&#x2122; boat slip is included with the purchase of this home and is located within the protected harbor at Riviera Dunes. 5BR 4/1B

10673 Leafwing Drive Forest, at Hi Hat Ranch MLS# A3974363 $1,575,000

Experience the luxury of a true masterpiece. This beautiful estate home completed in 2008 was custom designed to maximize the spectacular views of the Forest at Hi Hat Ranch. The interior finishes and upgrades at every turn will impress even the most discriminating buyers. The gourmet kitchen includes hand selected granites, raised panel cabinetry and upgraded appliances. The master bedroom suite is luxury personified with serene views to the outside forest. The master bath is a welcome retreat with warm colors and a stunning dual shower area adorned in glass mosaic. 5BR 5B

231 Robin Drive Bird Key MLS# M5833118 $4,390,000

Enjoy an exquisite view of Sarasotaâ&#x20AC;&#x2122;s city skyline while living in one of the most sought after luxury boating communities!!! This exceptional residence offers 100 foot water frontage situated on Sarasota Bay with a dock & lift capabilities for a 100 foot beauty. Key features include a picture perfect chefâ&#x20AC;&#x2122;s kitchen featuring stainless steel appliances, granite counters, wet bar complete with an ice maker, wine cooler, and a bar fridge. On the 2nd floor, capture the wonderful bay breeze by opening the wall to wall sliding glass located in media/billiard room. 5BR 4/1B

DIN

PEN

1850 Boyce Street West of Trail MLS# A3959911 $1,474,000 Here is a tropical paradise that invokes the feeling of the Florida Keys. With an open floor plan featuring a vaulted cypress ceiling, the kitchen includes stainless steel & granite counter tops, a wood island cutting board & a separate work station, featuring a finely crafted Vermont soapstone sink. Outdoors there is a pool/spa coupled with a gazebo & brick grilling area. Just beyond are a detached guest house & Koi pond with a rock waterfall. Triple double doors off the pool open to a spacious entertainment area, where the floor is ringed by an artisan sand feature. Add in a full wet bar and the light, airy theme subtly brings the outdoor ambiance inside. 5BR 5/1B

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Kelly Gettel Kelly Gettel & Co. 2170 Main Street, Suite 203 Sarasota, FL 34237 Kelly@KellyGettelandCo.com (941) 315.2525

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www.lunardiart.com 941-359-9155

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