Villas on Laurel

Villas on Laurel Condos for Sale – Sarasota, Florida 34236

Many regard Villas on Laurel as a “best-kept secret” among Sarasota condos for sale. Although this bedroom condo development has a character which stands out in the market, prospective buyers may find homes in this property as rather elusive because it has only nine residences and these rarely get listed on the market. The current homeowners here are either content on holding on their units for the long term or are waiting for their values to appreciate further.

Located at the downtown’s historic neighborhood of Laurel Park, this residential complex got everything that it takes to attract potential buyers. So with their outstanding features, available residences at Villas on Laurel could quickly land a contract among Sarasota condos for sale and buyers optimize benefits or gains which can be derived from an acquired property.

Price indicators

Notably, some fence-sitting among prospective home sellers could be expected this 2015 as only moderate price appreciation in the 3-3.5% range are expected in the short-term. This pace compares with the 21% rise in Sarasota single family home median prices and 17% for condos in 2013. For 2014, the gain in single family home median prices slowed to 4%, while movement of median condo prices was essentially flat, although acceleration of Sarasota condos for sale on some price points was felt toward yearend.

Recent deals at Villas on Laurel were closed in the mid-$400s and the high $500s for townhomes with floor areas of about 1,800 square feet, featuring three bedrooms and three baths. A unit here listed in September 2016 for $615,000 closed in December 2016 at $599,000. The price quote has touched over the mid-$500s for a recently listed townhouse at Villas on Laurel.

Walkable neighborhood

The relative haste in the change of ownership at Villas on Laurel unit can be largely attributed to this property’s superb downtown location and walkability. The residents of this charming complex can easily partake of the lilting rhythm of activities in the city center’s art and business district, with their homes a short walking distance to Burns Court, Towles Court and Sarasota Main Street. They are also only a few minutes’ drive away from the world-renowned lifestyle hub of St. Armands Circle and the splendid beaches of Lido Key.

Tucked in a quiet street of Laurel Park lined with an assortment of trees, this residential property is likewise among the newer choices in its neighborhood which is the domain of historic houses built as early as the 1920s Florida Land Boom. Villas on Laurel was developed in 2005, with Mediterranean-style features which can readily captivate prospective buyers of Sarasota condos for sale.

The resale units in this residential property can favorably compare with newly built townhouses in the Sarasota real estate market. Choice Villas on Laurel units flaunt stylish, high-end finishes in their crown moldings and tray ceilings. Private brick paver courtyards add to the distinctive elegance of these homes. As inviting, this property also has a heated community pool, and each unit is typically assigned a pair of parking spots.

Villas on Laurel Condos for Sale

Below are the current real estate listings available at Villas on Laurel

Please contact me if you would like to schedule a tour of any of the listed properties below.