So far 5 condos / town homes have been sold in Seminole Isle in 2016. Inventory is low and prices have been going up in Seminole Isle. Right now (3/24/16) there are only 4 condos for sale in Seminole Isle. Please give me a call if you have any questions or want to see some of the active condos/ town homes in Seminole Isle. Below is a list of all units sold in 2016
- 7296 Marathon dr #604 1500 sf condo sold for $252,000 on 1/8/16
- 7069 Key haven rd # 306 2100 sf condo sold for $345,000 on 2/12/16
- 7070 key haven rd #204 1500 sf condo sold for $225,000 on 2/12/16
- 7189 Islamorada cir 2090sf townhouse sold for $320,000 on 2/19/16
- 7296 Marathon dr #402 1700sf condo sold for $256,500 on 3/18/16
Information takes from local MLS
Seminole Isle and comparable properties. Honestly, I probably do not know what I am thinking trying to write a post with the Title Seminole Isle and comparable properties. (Now you are saying “what is she talking about”)
Well here is the deal, a post is supposed to have between 300 and 500 words to catch the reader’s attention AND I have no idea how to come up with some many words about comparable properties for Seminole isle. I do not think there are any and I challenge everybody to correct me and give me a good comparable.
At this point you can buy a 1500 square feet condo in Seminole Isle between $160,000 to $180,000. The condo and townhouses are 6 years old, high ceilings, open floor plans, granite countertops, lot of architectural details, nice size balconies, a master bathroom to die for and on goes the list……in a gated waterfront community with a pool, tennis courts, gym, fishing dock, boat dock and a little private beach right on the lake and close to the beaches and only 30 minutes away from Tampabay airport. (I am at 183 words right now)
Everything else you can get is either 20 years older or 20 minutes farther from the beaches or has hardly any amenities or is much smaller or doesn’t have cover parking or has no balconies or isn’t gated or is age restricted or or or (236 words by now) so as much as I would love to give you at least 300 word or a bunch of good comparable properties, I am sorry but both won’t happen in this post.
Call me today if you need more information about Seminole Isle (I am better at talking than at writing) Anne 727 410 7777 Seminole Isle and comparable properties.
Forecast for the 2016 Florida real estate market.
Below please find an article from FloridaRealtors.org.
Fla. poised to be real estate “hot spot” this year
ORLANDO, Fla. – Jan. 28, 2016 – What will Florida’s real estate markets look like in the coming year? That was the question on the minds of a standing-room-only crowd of about 400 Realtors®at the 2016 Florida Real Estate Trends event held Thursday during Florida Realtors®Mid-Winter Business Meetings, which continue through Jan. 31, 2016.
“Florida is positioned to become one of the hottest spots in the country with rising demand, positive gains in recovery, really good fundamentals and positive momentum,” said Jonathan Smoke, chief economist of realtor.com®. He said 2015 was a good year and 2016 looks to be similar. Smoke discussed the national housing outlook for the coming year, saying, “Home sales have pretty much recovered to their normal levels.”
“Fundamentally, we are experiencing a market with not enough to sell,” he said. “We are forecasting slightly better growth for construction and new home growth, but still not to the usual supply, which is putting pressure on the existing home supply (and existing home prices). On realtor.com, every single month in 2015 had less inventory and inventory was moving more rapidly – and we’re seeing the same in January 2016.”
Nationally, rents are rising faster than prices, Smoke added. He said that means Realtors should tell their clients: “For homebuyers, this is quite literally the year to buy a home – and the same is true for sellers who want to sell and buy another home. This should be our best year since 2006. It is now cheaper to buy a home than rent in 77 percent of counties in the U.S.”
Smoke told Realtors to get ready for an onslaught of would-be homebuyers in the spring through summer months.
The realtor.com forecast for 2016? Existing home prices will appreciate 3 percent; existing home sales will grow 3 percent to 5.4 million; new home sales will grow 16 percent to 580,000; and housing starts will increase 12 percent, he predicted.
Other speakers who shared their 2016 forecast included Dr. Elliot Eisenberg, a nationally known economist and a former senior economist with the National Association of Home Builders (NAHB); and Dr. Brad O’Connor, chief economist for Florida Realtors. Eisenberg discussed the national economic outlook, while O’Connor offered insight on Florida’s real estate markets.
Eisenberg pointed out that the national economy is doing OK – households are repairing their balance sheets, disposable incomes are rising, energy is cheap and people feel wealthier. The dollar is strengthening against all currencies, which hammers imports, he added, but job creation has been very good, unemployment is fine and the labor market is improving.
“Essentially, (the economy) ain’t going to be bad, but it ain’t going to be especially good either,” Eisenberg said. ” If you enjoyed 2015, you’ll enjoy 2016 – if you didn’t, you have a whole year to get to learn to enjoy it. No recession is in the cards: We’re not in a recession and we’re not likely to get one. We’re not going to have great growth, but that’s a long way from, and a lot different than, a recession.”
For 2016 and in the years to come, both Eisenberg and Smoke agreed that Realtors should look to baby boomers and millennials for clientele. They pointed out that boomers are still a huge part of the market as they look to retire, relocate or downsize, but an even bigger wave of millennials eager to become homeowners is the market’s future driving force.
“2015 was a very good year for both home and condo sales,” said O’Connor, who noted that as of December, statewide median prices have increased (year-over-year) for 49 months in a row. “The estimated Florida shadow inventory is slowly but surely disappearing. We’re down to about 200,000 non-listed but potentially in foreclosure homes (the so-called shadow inventory). Negative equity loans are down to below 20 percent.”
And Florida’s real estate sector will continue to experience growth and positive momentum in the coming months, he added.
“We expect home sales to increase 8-10 percent in 2016, while home prices are likely to rise about 5 percent,” O’Connor said.
© 2016 Florida Realtors®
Below please click on link to see all the condos and town homes in Seminole Isle that have been sold in 2015
Not your ordinary Seminole Isle Condo. This beautiful property is a rare find, it features not only a huge screened in balcony but also a 300sf open patio overlooking the relaxing nature surrounding Lake Seminole.
Built in 2005 this 2 bedroom, 2 bath plus office has 1500 sf, high ceilings, open floor plan, lots of natural light, corian countertops and stainless steel appliances, master suite with walk in closets and a huge bathroom with tub and separate shower. All neutral colors that will allow you to easily bring in your personal touch. The gated, pet friendly community of Seminole Isle has a lot to offer, incredible views of Lake Seminole, a fishing dock, BBQ areas, walkways around the waterfront, tennis courts, Clubhouse, gym, private beach and an incredible lagoon like pool that invites you to just spend time and just relax.
Seminole Isle is located directly across the street from lake Seminole Park and only minutes away from the beautiful white beaches of the Gulf of Mexico. Close to all shopping and entertainment, this is probably the best location in Seminole. Do not miss out on this rare opportunity, call the listing agent today for a showing.
Beautiful Seminole Isle corner townhouse with a fantastic water view located in a gated community with plenty to do!
Whether you want to play tennis, go to the gym, swim in the oversized pool, entertain guests in the clubhouse, go fishing on the waterfront dock or ride your kayak for a nice sunset you have it all!
This Seminole Isle community is extremely well maintained with large picnic tables and grill areas by the waterfront, a large storage unit for kayaks and canoes and a boardwalk that loops around the entire community for all our joggers and pet lovers.
2 pets for a total of 50 pounds allowed- one of the few associations allowing more than one pet and you would never know by how clean and immaculate it is. The waterfront dock offers magnificent views of lake Seminole where you can enjoy a drink or just relax, watch the sunset or fish.
Take advantage of the screened picnic area to grill a fresh piece of freshly caught fish!
Seminole Isle is only 6 minutes away from the pristine sandy beaches of Florida and just across the street from the breath taking Seminole park where you can walk up the 2 mile trail or put your boat in the water to enjoy a day on the gorgeous Seminole lake. Also close to lots of shopping and quick access to all of Tampa bay.
Corner unit with extra windows and lots of light in Seminole Isle
Open floorplan in this Seminole Isle town house
Huge master bath room with tub and separate shower
Beautiful water views
I wanted to let you know a fabulous new property just came on the market in Seminole Isle.
This Seminole Isle town house was built fairly recently in 2006 and it does have a community pool.
2-story town home style about 2000 sq ft with 3 bedrooms, 2 and half bathrooms, master is about 18 by 15 with spacious walk in closet.
Living room about 19 by 20 with crown molding throughout, blinds, with an awesome view.
Beautiful kitchen has dazzling granite counters, solid wood cabinets, dishwasher, disposal, oven and microwave included!
You are allowed 2 pets with a combined weight of up to 50 lbs.
Garage is a 2 car with an electric door opener.
Taxes are about $3,000.
The property is located in Seminole Isle subdivision on Islamorada Circle, close to beaches, shopping and dining.
Listed at $279,900 and is absolutely walk in ready!
It is a Seminole Isle short sale … I just wanted to let you know so you are not surprised.