Bradenton, Florida (PRWEB) February 14, 2013
The residential community of Rosedale Golf and Country Club mirrors the heightened activity of the home market in Bradenton, Florida, reports Sarasota Bay Real Estate. The full service real estate firm said that Rosedales plan for expansion this year has been accompanied by the recent surge in residential buying and selling interest in the gated golf community. There are at least at least five current pending home sales and four new sales listings in this neighborhood established in 1993, Sarasota Bay Real Estate said.
Sarasota Bay Real Estate recalled that as early as July last year, the Hunt Group, owner-developer of the Rosedale property, has been laying the groundwork for the expansion of the community. Site preparation work had been undertaken in a 237-acre portion of the 440-acre property to accommodate lots for 475 single family homes. These will be in addition to the 650 existing home sites, out of which only less than 30 are still available in the market. It was estimated that it will still take five to six years before this community is completely built out.
Property Improvements
The original plan was to add another nine-hole layout to the 18-hole Rosedale golf course. This plan was set aside, however, to give way to the additional residential sites and take advantage of the renewed home demand and declining inventory in the Southwest Florida residential market.
The present residents of Rosedale also benefited from the improvements which accompanied the expansion of the property. One was the addition of a second gate at the 44th Avenue side of Rosedale which enabled quicker transit to and from the Lakewood Ranch mixed development and nearby schools, business, and commercial establishments. The residential expansion will also eventually spread out the costs of maintaining the Rosedale country club over a larger base. Notably, the Great Recession has put a strain on the financial situation of many golf and country clubs because of declining memberships.
The original residential neighborhood in Rosedale was entirely built by the Hunt Group, but with the expansion, several site builders are coming in. One of them is Ashton Woods which is based in Atlanta, Georgia, and has been building for 10 years already in Tampa and Orlando. This builder also has a project in Sarasotathe 91-home Whitaker Parkits first development in Southwest Florida. For Rosedales new phase, Ashton Woods expects to build 140 residences.
MLS lists of Sarasota homes for sale typically include available Rosedale residences with asking prices in the $ 200s, featuring two to three bedrooms in their floor areas of between 1,800 square feet and 2,000-plus square feet. The most recent listings of properties in this golf community have tag prices in the $ 300s and the $ 400s, and floor plans of up to 2,500-plus square feet.
In addition to its Ted McAnlis-designed golf course, Rosedale prides itself with a 22,000 square-foot-clubhouse with superb facilities for socials and dining. The country club also has an athletic center with a junior Olympic size swimming pool, tennis courts, and bocce courts.
About Sarasota Bay Real Estate
Sarasota Bay Real Estate is a full service real estate brokerage in Sarasota Florida owned by Sarasota real estate broker, Christina Miller, and marketing professional, Roy Hunter. Together they, and their team of well-experienced agents, provide the best-in-class real estate marketing services for the properties in the companys inventory.
Sarasota Bay Real Estate Internet assets receive more than 1,000 visits from perspective home buyers a day due to the wealth of local community information published by the company. Through a direct feed from the Sarasota MLS, Sarasota Bay Real Estate publishes the most current real estate information on the Internet for the Sarasota, Florida, market.
Contact information for Sarasota Bay Real Estate can be found at SarasotaBayRealEstate.com
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