Monday, September 24, 2007

Sand Key's Cabana Club To Be Demolished

The historic Belleview Biltmore in Belleair was recently aquired by new owners and as part it's resoration, the Cabana Club on Sand Key will be demolished. The Cabana Club is the Biltmore's beach club with a restaurant, bar, and pool. In it's place an 8 story 57 unit hotel will be built with a new pool and cabanas. There may also be a seafood resturant on the 2nd floor. There are plans for a shuttle boat to take guests back and forth across the Intracoastal Waterway, as was the case in the Biltmore's glory days.

Clearwater Beach Boat Slips Approved

The Clearwater Beach City Council voted 4-1 to allow 42 boat slips to be built next to Belle Harbor condos. They will be built by the developer of the Sandpearl hotel and condos, and 27 slips will be leased to residents of Sandpearl with the remaining reserved for the city.

Sunday, September 23, 2007

Sand Key Real Estate Transactions August 2007

The following residential sales closed in August 2007. The data is obtained from the local Realtor MLS.
Property Address/ Subdivision / Sale Price / # Days On Market
1460 Gulf Blvd #1205 /Sand Key Condo South/ $429,000/ 141
1390 Gulf Blvd #1203/ Clearwater Sand Key Club/ $528,000/ 61
1390 Gulf Blvd #501 /Clearwater Sand Key Club/ $499,000 /275
111 Marina Del Ray #68 /Marina Del Ray/ $625,000/ 84
1540 Gulf Blvd #1002 /Ultimar Condo II/$850,000/ 163
1560 Gulf Blvd #1707 /Ultimar Condo III/ $1,250,000/ 428

Average Sales Price$696k Average number of days on market 192
For Sand Key Real Estate call PropCo Real Estate 727-585-0800 or visit SandKeyProperty.com

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