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Old 04-14-2016, 09:45 AM
2 posts, read 2,023 times
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We would like to buy a property in Sarasota to use part of the year. We own a small dog. Can anyone suggest a development that is close to the downtown and may have properties under $200k? THANKS
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Old 04-14-2016, 10:18 AM
547 posts, read 799,299 times
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You really need to come and have a look for yourself. There are plenty of options. I would describe them as neighborhoods rather than developments. We live in one, have a small dog with a fenced back yard. Close to downtown. No hoa, no deed restrictions other than City Code. Besides being convenient to grocery, beaches, downtown, shopping, etc, there are other benefits like City water & sewer, City Police Dept. C'mon down, take a look and then ask specific questions. Good luck with your search.
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Old 04-14-2016, 03:27 PM
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What's the name of the neighborhood where yiu live? We're planning on coming back down soo. Thanks
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Old 04-14-2016, 04:09 PM
Location: Sarasota/ Bradenton - University Pkwy area
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Homes within your price point that are close distance to downtown are getting harder to find in today's market.

Close (bike ride or short drive) to downtown Sarasota, Alta Vista and Paver Park are popular neighborhoods with buyers within your price range. Zip codes mainly 34237 but also 34239. Paver Park homes were built mainly in the late 50's and early 60's by the Paver brothers, Stanley and Paul. Many of the homes in this neighborhood are now being renovated. Alta Vista means "high view" and the Alta Vista neighborhood (south of Ringling and north of Bahia Vista, west of Tuttle & east of US301) is not in a flood or evacuation zone. The neighborhood is rated one of the 10 most walkable in Sarasota. These 2 neighborhoods are also close to Payne Park, which offers playing fields for sports, walking paths and a skateboarding park. Alta Vista has quite a mixture of living options, from modest bungalows and duplexes to higher end homes.

Another option just south of Paver Park and Alta Vista is the South Gate area, which is partially in the city, partially in the county, nearer to Siesta Key Drive. It's a mixture of 1960's and 70's ranch style homes, 50's bungalows and cottages. It's also near Arlington Park which has great recreational facilities, including a community pool. The actual South Gate community has a voluntary HOA and if you join, you can pay just under $100 extra each year to use the South Gate community pool and center, which is on the Tuttle roundabout just south of Webber St. The South Gate area zip codes are 34231 and 34239. Also in that same general area is the neighborhood Forest Lakes Country Club, which has nice 1960's - 80's ranch homes. Because of the popularity of this area with buyers, it is becoming more difficult to find 3 bedroom homes under $200k there, but they do exist. By the way, some of the homes in the South Gate area are still on septic tanks. The county has a sewer program and homes in that area still on septic are required to hook up to the sewer system, generally within a specific time after closing, so you'll want to factor that cost into your purchase if a home is still on a septic system.

Although further south from the city limits (located south of Clark Road) but closer to Siesta Key, the Gulf Gate neighborhood does have a vibrant shopping center with local restaurants and shops within a short distance from a good portion of the Gulf Gate community. Gulf Gate has mainly 60's and 70's ranch-style homes and is popular with both buyers and renters.

When looking at older homes in our area, you will want to factor in the cost of hazard insurance and property taxes. Hazard insurance on older built homes here can be more expensive compared to other regions of the country. That is especially true if the roof is older and the electric and plumbing have not been updated. And property taxes being paid by the current owner are subject to change the 1st of the year after a sale when the value is reassessed by the county property assessors office. A home that lists low taxes is most likely homesteaded by the current long term owner. Homesteading caps the annual increase allowed in assessed values. So when the home sells the taxes will "reset" to current market. There is a paragraph in the contracts used by most real estate agents that explains that but it is often glossed over. It is important information, especially if you are budget minded.

Last but not least, homes in good condition priced under $200k located within popular neighborhoods and school districts tend to go under contract quickly in the current market, so if you are planning to pay cash you will probably want to have a Proof of Funds letter in hand, or a pre-approval letter if getting financing, to submit with your offers in order to be competitive with other buyers.

If you are willing to be more flexible about distance to downtown Sarasota, I could suggest some other neighborhoods.
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Old 04-14-2016, 05:36 PM
Location: Sarasota, Fl
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Glen oaks manor is around 3 miles from downtown Sarasota. After the current real estate hype dissipates, homes there might sell for under 200k. Especially if you don't need a two car garage.
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Old 05-08-2016, 12:03 PM
Location: Woodbridge, VA
4 posts, read 2,420 times
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We too are looking at purchasing in the Sarasota/Venice area, but much sooner like June/July timeframe. I'd like to know more about the sewer project so that we can take that into account while we're searching.
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Old 05-08-2016, 12:21 PM
20,975 posts, read 6,398,865 times
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I think you would enjoy the area bounded by these various streets....

Ringling to the North
Siesta to the South.
41 to the west
Beneva to the east.

That is a lot of territory but price does come into play. If you drive, bike or walk around Arlington Park, Paver Park and similar areas you will find delightful and quiet streets with amazing trees and landscaping. No HOA to worry about and, in general, decent neighbors.

200K is definitely the lower end but some stuff is available if you look hard enough. Usually what you find are flipped (remodeled) houses for more....and homes in need of remodel for less (120K). BUT, if you look around and present some offers you may find something in-between.

Here is an example of what I thought was a great deal around the block from us. It is is perfect shape and you can walk or bike downtown and to local parks.

321 S Jefferson Ave, Sarasota, FL 34237 | Trulia
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Old 05-08-2016, 12:28 PM
20,975 posts, read 6,398,865 times
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We live in Paver Park which is on the west side of tuttle - generally, you will pay a bit more on the west side of tuttle since it is closer to DT and beaches. But some of the areas on the west side are very nice also - Amish Country (maybe 10% of residents are seasonal Amish) and they keep the houses and neighborhoods very nice. We rented for a month in that area and loved it.

My advice -- besides walking or biking - is to carefully study google maps sat. view. Watch out for big through streets and being near the main arteries (noise). Some small streets are used for shortcuts and cut-throughs. You can figure all this out with the maps and some cruising of the areas.

Backyards are generally large in these areas - at least for Florida. Lots of Parks nearby make for additional places to bring your dog.
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