Saturday, July 23, 2011

Luxury Living On The Beach - Focus On Sereno!


The PURTEE Team has been active in real estate along the barrier islands of Tampa Bay for a decade now. Through the years we have watched the area explode in buyer frenzy with new developments popping up on every street corner... to the point that the building crane was a constant picture on the horizon!

Then, in 2007, we saw the market begin to tumble and buyers take a drastic hit in their waterfront dream homes. 2008-2010 were hard years for the economy and the Florida beachfront was no exception. However, a quick look at the June 2011 Statistics shows a steady comeback that has been growing for the past 7 months. As buyers (and investors) come back into the market, there are certain complexes that capture our attention and stand out as exceptional.

Sereno, directly on the sand in Madeira Beach is certainly one of those special residences! It also has a special impact on The PURTEE Team as we were there from the beginning. In late 2003, Taylor Woodrow (a well know developer from the UK) was set to expand their presence in the Florida market. They had already built the Tides landmark complex in Redington Beach and had their eyes on the gem of a property where the Holiday Inn stood in Madeira Beach.
Mark Purtee was hired by Taylor Woodrow to oversee the sales team and set up the sales center once the Holiday Inn was no longer there. Architects were busy creating a look totally unique along the Tampa Bay coastline and the sales center reflected the enthusiasm! There was a waiting list for buyers to sign up and the 44 units that would be available were quickly sold out!

Today, 6 years after its completion in 2005, Sereno is still a complex that is praised for its uniqueness and an enviable place to live. The layout is particularly nice and each unit enjoys breathtaking beach views to the west, but many of the residences actually have intracoastal views as well! Resident parking is under the building in an open garage. Penthouses enjoy 2 spaces and other units have 1 each. Plus there is assigned parking as well as visitor parking outside. The building is divided into 3 sections with 3 separate elevator lobbies. That results in each resident floor having a fully decorated lobby area with only three residences... which helps make it feel private and exclusive.

The generous pool area offers residents easy access to the beach and miles of white sand ready for a long run or sunset strolls. There is also a hot tub and bbq grill area. Sereno has a first class club room and separate fitness center as well! In addition to those amenities, there is a full time property manager who is on hand to take care of the complex and residence needs. And inside these 2 and 3 bedroom units, the open floorplans and high end finishes greet each owner as they find out first hand what living on the beach really means!

The PURTEE Team is proud to offer both sales and rentals in Sereno. We just listed #604, a 3 bedroom/ 3 1/2 bath penthouse. You can learn more about this unit at http://www.sereno604penthouse.com/. In addition, we offer two other units for seasonal or corporate rentals. You can check these out at Corporate Rentals right on our website. If luxury living on the beach with easy access to an international airport (Tampa), shopping, restaurants and world class theme parks... don't miss an opportunity to consider Sereno, Madeira Beach!







Friday, July 8, 2011

Tampa Bay Housing Market Brighter!

Click On Chart To Zoom In
June 2011 continued the 7-month trend of decreasing inventory and increased sales in Tampa Bay... it actually was a stellar month for writing new contracts! 69% more contracts were writing in June 2011 than in June 2010!!! On the other hand, inventory is at its lowest point since December 2005. Active listings fell by 22% from June 2010 to June 2011. That is why tracking the Absorption Rate (at left) is so important.

As always, The PURTEE Team makes sure their website www.floridagulfproperty.com has the latest statistics posted. You can find the last 5 months of reports directly on the Home Page. To go specifically to the June 2011 stats, CLICK HERE.

The real activity worth noting was in condos. Condo sales from June 2010 to June 2011 showed a 26% gain! Yet, condo listings decreased from 5,344 to 4,584 or 14% over the same time period. We are among the agents noting there is no inventory out there as we approach the levels in 2005 during the boom market! Over 1/2 of the properties sold in June sold in the first 90 days.

Exactly WHY are you waiting? Call The PURTEE Team today! Or skip ahead... fill out your "Wish List" and click SUBMIT. One of us will be in touch with your shortly.