Anne Hensel Real Estate Broker St. Petersburg houses and condo for sale

How much should I pay for a condo in Sunset Vistas in Treasure Island Tampabay on Gulf Blvd.

You do not need to be a Realtor or an appraiser to find the right price for these condos. All it takes it common sense. All of the units are the same, same size, same year built, same color, same floors, same kitchen, same furniture same everything BUT the view.

There are 13 units in a row going all the way from the street to the beach angled so each unit has a view of the water. The building has five floors above parking. The units have 3 digit numbers the first number is the floor and the other two are the position on the floor. It starts with 1 at the street site and goes up to 13 which is closest to the beach.

So, right now unit units in Sunset Vista Treasure Island

408 is listed for $299,000

302 is listed for $306,000

403 is listed for $309,900

Now here we have unit 201 listed for $399,000. I hope the seller does not wonder why it has been on the market for 1132 days. This unit is on the lowest floor and the furthers from the beach.

All this said, one last thing. Don't just "stumble" into the Real Estate market, do your homework first, be prepared find a good Listing agent or selling agent that knows Treasure Island, someone that does a lot of online advertising and marketing for a listing and comparative market analysis for a sale, check out his or her testimonials, "Google" the name.

I hope I gave you a good answer to your question. How much should I pay for a condo in Sunset Vistas in Treasure Island Tampabay on Gulf Blvd.

If you think about buying or selling a house or condo in the Saint Petersburg Tampabay Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.

We also work with short sale bank owned and foreclosures. Find a property or go to my website for more real estate information or simply contact us. 727 409 8706

Selling/ listing my home or condo in Treasure Island, how do I find the right asking price?

The answer to that is very easy, have your Realtor (make sure it is a local real estate expert) do a comparable market analysis for you or get and official appraisal. (From an appraiser that knows the area well) Yes, that's how easy it is. No if's and but's, no guess work. Keep in mind we homeowners all think that our house or condo is so much NICER that the neighbors. Our children are so much smarter than the others and on we go. It is impossible for a home owner to be unbiased or objective about their own property. There are too many emotions involved and we simply cannot see a clear picture. Talking to your friends and neighors won't help either, they are not experts and they do not want to "hurt your feelings"

Keep in mind, in this kind of market is it more important than ever to ask the right price for your home or condo. If you are priced wrong, nobody will make an offer and you will sit on your listing forever.

I am a Realtor in Treasure Island and also a homeowner in Treasure Island, if I want to know what I could sell my home for, I would ask one of my fellow Realtor here in Treasure Island. I can do the comparable market analysis for ever home or condo in Treasure Island BUT for my own. I simply can't see it objectively.

Hope this helps you a little bit to answer the question Selling/ listing my home or condo in Treasure Island, how do I find the right asking price?

If you think about buying or selling a house or condo in the Saint Petersburg Tampabay Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.

We also work with short sale bank owned and foreclosures. Find a property or go to my website for more real estate information or simply contact us. 727 409 8706

A day in a Realtor's live here in Saint Petersburg Tampabay

I just have to write this. A few days ago we closed on a property in St. Pete for a client of mine and at closing when we talked about the little obstacles we run into during the process, my buyer said "I always thought it was easy to be a Realtor, I had no idea what you have to deal with" Ever since that conversation this sentence is stuck in my mind.

What do our buyers and seller think we are doing all day long?

I am one of the Realtor who tries to make buying and selling real estate in Saint Petersburg a good experience for the buyer and seller and therefore I deal with most of the "Little Things" myself instead of bothering the buyer or seller with it. I aim to have two happy parties at the closing table and not a buyer and seller that are mad at each other or mad at the banks or the other Realtor or the Title company or or or. But by doing so, my clients think the deal was a walk in the park and do not understand how much work, time and energy was involved.

So, today I will just give you a "list of thing that happened"

Original plan (so much for time management) was to work out of my house till noon and fine tune my new website so it can go live.

6.30 Woke up and had a cup of coffee while I switch on my computer.

7.00 I started working, have 57 e mails, deleted most of them.

Answer one property inquiry about a condo that is already under contract, did comparable sale on a listing inquiry, did a property search for a few clients, looked at the new bank owned and short sale listings in Saint Petersburg, started to write my newsletter for this month, added a price change to the MLS search, downloaded real estate pictures of waterfront home to my computer, e mailed a bunch of waterfront homes to a buyer up north. Printed an offer that I had received and started a file, forwarded this offer to my seller.

Called my seller and left a message to see if he got the offer.

Called the listing agent to see if water was on one of the properties here in St. Pete that we need to do a home inspection on.

Called Title Company to see if they had received one check I send yesterday and to find out if another one from last week had cleared.

Answer a call and gave a clients some phone numbers for home inspectors.

Answer a realtor's call about a listing that I had in St. Pete

Called one of my owners to set up a showing.

Printed a few properties and made 5 phone calls to schedule showings for my buyer and to get showing instructions

Answered a phone call about the condo budge of Seminole Isle.

Answered a phone call about rental restrictions in Sunset Vistas on Treasure Island

Made about 10 phone calls to mortgage brokers to find out who can still finance Condotel.

10am, left the house, got my Starbucks coffee, stopped at the bank to drop of a commission check. Run into a buyer that saw my car sign and had a few real estate questions about Madeira beach. Finally got to the office about 11.30 am

Made 12 phone calls to banks about short sale listings we have, faxed a short sale package for the 4^th time to the same bank (they lose them. . .)

Wrote up an addenda to a contract to get an extension for closing date.

Looked over a 30 page home inspection report. Called my seller to talk about inspection report.

Checked my messages on Listing book.

Talked to my website provider about a new feature.

Showed a condo in Sereno complex in Madeira beach.

Ordered condo docs for St. Pete Beach Yacht and Tennis club.

Called another agent to get a missing signature on a contract.

Answered a few more e mails that came in during the day.

Made a few phone calls to find a real estate sign that got lost.

Called the city of St. Pete to find out watering restrictions on a particular house.

Hunted down Title Company in Treasure Island which did not send the HUD statement in time.

It is 5.40pm now, leaving the office to check on a lockbox that is apparently not opening. Go to Silver Sands in St. Pete Beach to take some additional condo and beachfront photos for a buyer.

Made it home by 7 pm only to find more emails to answer and phone calls to return.

Being a Realtor here in sunny Saint Petersburg Tampabay and showing beautiful waterfront properties is fun and interesting and I love all the different things you have to do, but it is not a Walk In The Park. Long hours and lots of problems that need to be solved.

If you think about buying or selling a house or condo in the Saint Petersburg Tampabay Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.

We also work with short sale bank owned and foreclosures. Find a property or go to my website for more real estate information or simply contact us. 727 409 8706

How is the Treasure Island Real Estate market doing, have we reached the bottom yet?

Isn't this the million $ question everybody has? Well, I do not promise you an answer (because I do not have a crystal ball) but I will give you some interesting numbers and fact so you can draw your own conclusion.

Treasure Island has 5694 housing units.

306 are for sale right now, this is only 5.3%

86 homes or condos have sold so far in 2009 with 133 days in average on the market.

6 of them sold for over $800,000. Last year it was 6 units over $800,000 in all 12 month.

Nothing sold for less than $100,000

Between $100,000 and $200,000 we sold 22 units

Between $200,000 and $300,000 we sold 22 units

Between $300,000 and $400,000 we sold 11 units

Between $400,000 and $500,000 we sold 8 units

Between %500,000 and $ 600,000 we sold 10 units

Between $600,000 and $ 700,000 we sold 4 units

Between $700,000 and $800,000 we sold 2 units

Between $800,000 and $2,550,000 we sold 6 units.

If your home or condo here in Treasure Island is listed under $400,000, you have a good chance to find a buyer, over $400,000 the air gets really thin.

Sales of existing single-family homes in Florida rose 25 percent in first quarter 2009 compared to the same period a year earlier, according to FAR

Existing home sales rose 28 percent last month with a total of 15,850 homes sold statewide compared to 12,339 homes sold in June 2008, according to FAR. Statewide existing home sales in June increased 13.8 percent over May's statewide activity.

In Florida's year-to-year comparison for condos, 5,241 units sold statewide compared to 3,771 units in June 2008 for a 39 percent increase. The statewide existing condo median sales price last month was $112,900; in June 2008 it was $180,400 for a 37 percent decrease according to the Florida Association of Realtors.

How is the Treasure Island Real Estate market doing, have we reached the bottom yet? Having all the above information, I think it is it safe to say that we are doing much better than last year. Still, from my experience as a Realtor here in Treasure Island I have to say that there is no balance yet. My phone rings off the hook for a whole week and as soon as you hear some "bad news" on TV or Internet, my phone goes dead for a few days. Buyers know that they can get some incredible deals right now, but they are still a little jumpy. They do not want to miss the boat but then again they are afraid the prices might go down even further.

That brings us back to the second part of our question, How is the Treasure Island Real Estate market doing, have we reached the bottom yet?

Yes and No. Foreclosure fillings are way down, short sales close faster, there is a lot of cash money out there (48% of all sales in Pinellas county in the first 3 quarters were cash deals) A few subdivision in Treasure Islandhave already seen the worst, other still have a little ways to go. Last year we did not have any real estate for sale under $100,000. Right now we have 7 listings already under $100,000 active on the market and a ton of Short sale to be closed soon. Yes, the prices are still adjusting but we will soon see a "new normal"

My advice to sellers is to price your home or condo at fair market value if you are serious about selling. If you are way overpriced, do not even bother putting it on the market, nobody will make an offer and you will get very frustrated about the whole situation.

My advice to buyers is, do NOT be shy, make offers, this is the time to buy. Have your Realtor do a detailed comparable market analysis for you so you know you are getting a good deal.

Ok, this is it for today. Thank you for your interest in , How is the Treasure Island Real Estate market doing, have we reached the bottom yet? I hope I was able to give you some good information so you can form your own opinion.

Have a beautiful day

Anne

Mansions by the Sea, Treasure Island Luxury living
The Mansions by the sea was built in 1980 and it is located in Treasure Island Florida at the end of Sunset Beach. Mansions by the Sea is a gated community and consists of two "Towers" Yes, over here we call a 12 story building a tower. Building A (street number 7650) sits directly on the beach, building B (street number 7600) is just a few feet south of it and set back by maybe 100 yards from the beach. Both buildings of Mansions by the Sea offer wonderful views onto the Gulf of Mexico and the Intracoastal Waterway and Blind Pass.

The units are really nice and very spacious and a one bedroom has at least 1015 sf. with huge balconies. A two bedroom unit in Mansions by the Sea could be 1510 heated square feet, also with nice size balcony. The corner units have huge wrap around balconies with 180 degree view onto the water. Right now asking prices range from $265,000 for a one bedroom to $999,000 for a 10th floor 2 bedroom 2 bath corner unit. Between the two Mansions by the Sea towers we have a total of 144 units.

Amenities are heated swimming pool, tennis courts, a gym, game rooms and a sauna. Now let's talk about location. Like I said, Mansions by the Sea is on Treasure Island at the end of Sunset beach, honestly, can it get any better than this? This little area is made for beach lovers and people that enjoy sunsets, sunrises, fishing, boating and a relaxed life style. Mansions by the Sea is just a fabulous complex.

The maintenance fee is about $400 a month and you can rent a unit between $1500 to $4500 per month depending on the size and time of the year. Pets are not allowed in Mansion by the Sea.
Please give us a call or send an e mail if you need more information about this community in Treasure Island or want to know what is available for sale.

If you think about buying or selling a house or condo in the Saint Petersburg Tampabay Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.

We also work with short sale bank owned and foreclosures. Find a property or go to my website for more real estate information or simply contact us. 727 409 8706