Tag Archives: bradenton

Multi-Family Complex Sold for $445,000

A Chicago couple recently purchased the four-unit multi-family complex located at 2027 Fiesta Drive, Sarasota, for $445,000.

By 941 CEO Staff 2/23/2017 at 2:32pm

A Chicago couple recently purchased the four-unit multi-family complex located at 2027 Fiesta Drive, Sarasota, for $445,000.

The property includes two single-story duplexes totaling 3,012 square feet on a .3-acre parcel.

Sean Dreznin, a sales agent with the commercial real estate firm Ian Black Real Estate, represented both the buyers, Eric and Shelley Swanson, and the seller, Beverly Meadows, in the transaction.

Dreznin focuses his real estate practice on the sale of investment and multi-family properties between St. Petersburg and Naples.

Millennials angry at the cost of Fla. housing

   
 Pics by Sean Dreznin

MANATEE COUNTY – April 4, 2016 – As a representative for one of the largest developers in Southwest Florida talked about how the free market affects rental prices, 20- and 30-somethings in the audience fumed.


Richard Bedford, vice president of planning for Schroeder-Manatee Ranch, said the free market was largely to blame for high rents and home prices in Sarasota and Manatee counties.

He said his company is building 2,037 affordable units in Sarasota and 500 in Manatee over the next 10 years mainly because local governments gave his company financial incentives to do so. He said more government incentives and higher wages could answer the cost-of-living problem.
“Why doesn’t the School Board or hospital pay you more? Aren’t you worth it? It always comes back on me,” Bedford said.
That prompted several people to shout comments and questions, such as:
“Are you pushing for a $15 minimum wage?”



“You’re pricing out the people who are from here!”



It was a sample of the frustrations thousands of residents in Sarasota and Manatee counties feel about the local cost of housing.



The housing panel was part of Millennial Con – a three-day conference aimed at getting the region’s young professionals ages 18-40 engaged in local government.
 Millennial Con was sponsored by the Manatee Millennial Movement and Manatee County Neighborhood Services. Saturday was Millennial Con’s main event, with about 70 people gathering to hear panels and workshops about everything from financial stability to government engagement.
The housing panel discussion was the most anticipated and animated talk of the day.



O’Dell, who has studied housing in Florida since the 1990s, said there are 44 so-called “affordable housing units” per 100 in Manatee County. But only 18 out of 100 housing units are both affordable and available.



“More than half of affordable housing unit sales are for investor owners or for people’s second homes,” O’Dell said. “So not only are there fewer affordable housing sales, they’re going to people who can afford more.”

O’Dell said what’s happening in Sarasota and Manatee counties is happening statewide and nationwide.
 

The Great Recession pushed more older people, who traditionally own homes, into the rental market, creating more competition.

There has been a 31 percent increase in renters in Florida from 2007 to 2014, while the number of homeowners dropped by about 8 percent.



And most of the new construction as a result of this rental demand is coming in the form of higher rent developments, O’Dell said.
Whiting Preston, who is behind the soon-to-be mixed-used development Lake Flores, suggested there may be affordable rentals, just not in the places millennials are looking for.
The audience groaned and some shouted “no.”

Bedford said the apartment complexes in Lakewood Ranch are full, and each new apartment development fills up at a dizzying pace.
 

But he and other developers don’t want to build too many too quickly because then there would be more competition among apartments.
He said it boils down to the bottom line.
If you make a ladder and someone will buy it for $20, why would you sell it for $10?” Bedford said.
Copyright © 2016 Mansfield News

Young Sarasota Professionals weigh in on affordable housing

The program surveyed its membership and asked how much it can afford to pay to live in Sarasota.  

 Picture via Sean Dreznin
by: Jack Short Staff Writer

NEWS
SARASOTA FRIDAY, JAN. 29, 2016 22 hours ago

Sarasota Young Professionals weigh in on housing

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The program surveyed its membership and asked how much it can afford to pay to live in Sarasota.

by: Jack Short Staff Writer

About half of a group of young professionals surveyed recently are thinking of leaving Sarasota – because it doesn’t have enough affordable housing.
Young Professionals Group (YPG), a networking and advocacy organization run by the Greater Sarasota Area Chamber of Commerce, comprises approximately 450 young professionals in the Sarasota area. YPG surveyed its members about housing and, of the 100 that responded, almost half said they are considering leaving the area. 
According to Mimi Cirbusova, coordinator for YPG at the chamber, the survey is an initial step in a series of surveys on housing the group would like to produce.
“It is a good snapshot of 21 to 40 year-olds and what their housing needs are,” she said.
More than half of the respondents, 62%, said they need one- to two-bedroom apartments that cost less than $1,000 per month.
Nearly half, 46%, said they were thinking of leaving Sarasota now, and the majority of those respondents were the same people who indicated they needed housing that costs less than $1,000 per month.
“That indicates to me those are individuals who are service workers or people in entry level positions,” said Cirbusova.
Cirbusova said she believes the survey helps vindicate concerns about Sarasota’s aging population and its difficulty retaining young professionals. Data released by Sarasota County’s Planning and Development Services in September highlighted those difficulties as well.
“When members choose not to renew,” Cirbusova said, “I reach out to them and often their response is ‘I moved out of the area.’ That is something we’re concerned about.”
In upcoming surveys, the group will gather similar data about the Rosemary District, and also try to determine if there is a correlation between where people choose to live, in Sarasota, and their income.

Multi-Family properties currently available on the Gulf Coast of Florida (7/22/15)

Multi-Family properties currently available on the Gulf Coast of Florida (7/22/15).

Sarasota-Manatee Tourism: From Europe, with love

cropped-wpid-photo-may-6-2013-1215-pm.jpg

British transplant Mark Toomey owns Robin Hood Rentals on Siesta Key.

 PHOTO by/ NICK ADAMS

By Dale White
Year after year, the Sarasota-Manatee region has been shattering its own records for attracting European tourists and 2015 appears to be no exception.

From 2010 through 2014, the numbers of Europeans patronizing area lodgings, restaurants and attractions from Anna Maria Island to Venice climbed by more than 50 percent – from more than 125,350 to more than 188,500. Reports from the first quarter of this year already show that foreign visitor count up 7.3 percent compared with the same three-month period of 2014. And the bulk of European visitors expected for this year are still two or more months away from making landfall.

Those year-over-year increases do not come by chance. Visit Sarasota County and the Bradenton Area Convention and Visitors Bureau credit a strategy that promotes this area as a destination for travelers from the United Kingdom and central European countries such as Germany, Austria and Switzerland. That strategy calls for targeted advertising and making connections with travel agencies most Europeans rely on. The strategy continues to work, even when the exchange rate is not in the dollar’s favor.

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Manatee millennials to commission: It’s too expensive to live here

Manatee millennials to commission: It’s too expensive to live here

Affordable housing top issue for young Manatee residents, workers

Wearing “I am the Manatee Millennial Movement” buttons, the majority of Manatee County’s millennial team shared where they live with the county commission at its Tuesday meeting.

Renting apartments and homes, owning homes, living outside Manatee County and living with their parents were where the county employees who comprise the county’s 36-person millennial team call home.

During the presentation, they shared that there is a lack of workforce housing in Manatee County.

“We are not looking for a handout at all,” said Simone Peterson, a member of the millennial team and a county government neighborhood services specialist. “If I make $30,000, I want to live in a safe, affordable place.”

After talking with different players in the community, including builders and developers, workforce housing, placemaking and infrastructure were the top three concerns identified by the group, according to Peterson.

Village of the Arts obtains $120,000 for improved lighting

Village of the Arts obtains $120,000 for improved lighting

BY MARK YOUNG via Bradenton.com

The wheels of government often turn slowly, but are turning steadily for Village of the Arts residents and business owners who have long expressed a desire for more lighting to enhance safety and for businesses to be allowed to remain open later at night.

City officials have approved allocating $120,000 in Community Development Block Grant funding for village lighting. The village Ad Hoc Committee discussed options Thursday with city staff.

After a presentation from Jim McLellan, manager of the city Engineering Department, about options, the committee endorsed the city buying 23 new antique-style light poles and retrofitting 125 existing poles with light-emitting diode fixtures, which should brighten a portion of 13th Street West.

Franchisees bring Endurance House, A Triathlon Store, to Bradenton

Franchisees bring Endurance House, A Triathlon Store, to Bradenton

BY MATT M. JOHNSON via Bradenton.com

BRADENTON — A father and son who share a love of racing Ironman triathlons are turning their passion for the sport into a business unique to the Manatee-Sarasota area.

In early January, Dan and Jerry Johnson will open the first Florida franchise location of Endurance House, a triathlon equipment retail chain that got its start in 2007 in Middleton, Wis. Riding the popularity of a sport that is booming on the Gulf Coast, the local Endurance House is designed to be a place that attracts both seasoned triathletes and novices who are learning to combine swimming, bicycling and running into a single competitive discipline.

The Johnsons, including Jerry Johnson’s wife, Amy, are opening their store just as Nathan Benderson Park at University Town Center ramps up its profile as a triathlon and endurance sport venue. Endurance House will be centrally located for the area’s triathletes and competitors. The store is scheduled to take up more than half of a new, 7,500-square foot retail building completed this summer at the Lockwood Commons shopping center at the corner of Lockwood Ridge Road and State Road 70.

Law enforcement, mall officials prepare for traffic at Mall at UTC in Sarasota, FL… ‘Lawd have mercy on folks driving that area’

Law enforcement, mall officials prepare for traffic at Mall at UTC in Sarasota, FL… ‘Lawd have mercy on folks driving that area’

BY CLAIRE ARONSON via Bradenton.com

UNIVERSITY PARK — It promises to be the biggest tourist attraction in an area that is already full of them.

Local law enforcement is working to ensure that traffic patterns around the Mall at University Town Center remain as normal as possible during the attraction’s opening next month.

The Manatee County and Sarasota County sheriff’s office, Florida Department of Transportation and Florida Highway Patrol have been meeting with the mall’s management in past months to prepare for the mall’s Oct. 16 opening, Sarasota County Sheriff’s Office Captain Ron Locke said. The mall is located at the intersection of Interstate 75 and University Parkway in Sarasota County.

“I just think the people who plan on coming there should exercise patience as we are trying to make it the safest possible environment that we can,” Locke said.

The Sexiest Small Cities in the U.S.

The Sexiest Small Cities in the U.S.

Laura Allan via Movoto

If someone mentions the word “sexy,” what cities do you think of? Las Vegas, maybe. San Francisco with its Folsom street Fair. Or perhaps you think ofNew York City and its chic and often revealing fashions.

Basically, you think of big cities. Instead, imagine someone asked you to think of sexy small cities.

Not so easy, is it? Well, the Movoto Real Estate Blog is here to help you out, and we’ve made a list of the 10 hottest and sexiest small cities out there. These spicy little spots were:

1. Sarasota, FL
2. Pensacola, FL
3. Bradenton, FL
4. Marietta, GA
5. Carson City, NV
6. Ocala, FL
7. Grand Junction, CO
8. Lancaster, PA
9. Chapel Hill, NC
10. San Marcos, TX

Some of these might not be much of a surprise, and seeing so much Florida on there is probably to be expected. But how exactly did we determine what makes a place sexy?

Math might not be the most sultry subject, but we think it’s pretty hot, and we’ll talk about it in the very next section.

If you can’t stand the anticipation, you can scroll to the bottom of the article and take a look at the 50 sexiest small cities. We won’t hold it against you.

How We Created This Ranking

We’ve been around the block a few times when it comes to rankings, but let’s go over our methodology for all you Big Deal List virgins.

First, we made a list of small cities with populations between 50,000 and 60,000, which gave us 140 places. Then, we collected data from the U.S. Census (2010) and business listings in seven sexy criteria:

  • Nightlife per capita (bars, clubs, comedy, etc.)
  • Lingerie stores per capita
  • Adult stores per capita (novelties, videos, etc.)
  • Adult entertainment per capita (strip clubs, burlesque, use your imagination…)
  • Massage parlors per capita (hey, it can be a sensual experience)
  • Hotels per capita
  • Average summer temperature (hotter means fewer clothes *wink*)

After that, we ranked each place in each category from one to 140, with numbers closer to one being sexier. Then, we averaged each places’ rankings into one Big Deal Score, with lower scores being better.

The place with the lowest Big Deal Score became our sexiest small city, which ended up being Sarasota, FL.

Let’s take a look at each of our top 10, and why exactly they ranked where they did. Be forewarned: some of these details might get you a little hot under the collar.

1. Sarasota, FL

Sexiest Small Cities In America

Source: Flickr user doubleuely

Sarasota blew away the competition with the first place ranking in hotels and nightlife. We guess if you meet someone special at a club one night, it’s not too hard to find a nearby hotel room at the spur of the moment?

Of course, that wasn’t the only area in which Sarasota flashed a little skin. Not a single ranking across the board was below ninth, which means if you like adult entertainment, lingerie, or some sensual massage, you can find it here.

If you’ need any inspiration with finding the right outfit, you can grab something from one of the No. 3 ranked lingerie stores, like Intimate Ideas. The average summer temperatures here are also very high, which means swimsuit weather is a regular thing.

 

For complete article, CLICK HERE <—–=====