Steve Eckhardt's Tampa Area Blog

Tampa's Bayshore Boulevard is synonymous with gracious Florida living. Here residents enjoy the finest conveniences and comforts, including private elevator entries, wine cellar with private storage lockers, theater, library, conference center, concierge services, two social rooms, two elegantly appointed guest suites - even a fragrance garden. Every detail in this 22-story collection of 64 homes has been finely tuned to this locale's unique characteristics. This 3 Bedroom, 3.5 Baths, plus study offers unsurpassed views of the water, Bayshore, and Tampa. The gourmet kitchen includes a five burner gas cooktop with upgraded hood/venting that will accomodate an indoor grille gas cooktop, wine refrigerator, and granite counter tops. Master suite features granite bath with his and her extended vanities, garden tub and oversized shower plus custom walk-in closet. Bedroom suites 2 and 3 have full baths and walk-in closets.  Asking $695,000.

Tour The Bellamy, Unit 402

Steve Eckhardt, Broker, Luxury Real Estate Professional

Contact me at (813) 765-1182

www.TheFloridaAuthority.com

www.SearchForTampaHomes.com

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According to data released by California based RealtyTrac Inc., total foreclosure filings in the three-county region surrounding Sarasota jumped to 3,349 during July, a 40 percent increase from a month earlier and a 10.6 percent increase from July 2009.  While much of the reason for the rise stems from resets on adjustable-rate loans, market watchers are also seeing an increase in commercial foreclosures.  Records also show a steady flow of luxury properties going into foreclosure. At least eight homes in the million-dollar-and-over range fell into foreclosure in July. The largest was a $2.08 million loan on a 5,569-square-foot house on Osprey Point Drive.

While the increase in foreclosures may seem high, don't expect much further downward pressure on pricing.  Sarasota property sales are at their highest levels since 2005 and inventory has been cut in half.  Now is the time to buy, before these opportunities are gone. 

Steve Eckhardt, Broker, Luxury Real Estate Professional

Contact me at (813) 765-1182

www.TheFloridaAuthority.com

www.SearchForTampaHomes.com

Check Out Steve Eckhardt's Other Social Networking Profiles

Facebook   http://www.facebook.com/CornerstoneProperties

Twitter  http://www.twitter.com/theflbroker

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LinkedIn  http://www.linkedin.com/in/cornerstoneproperties

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