What is the opinion on Las Palmas? Is it a good community? Will the value rise? I've heard construction isn't

Tabz
Home Buyer
Sarasota, FL

very good there and the walls are extremely thin. I'm also wondering why this property - http://www.trulia.com/property/1068721683-4990-Baraldi-Cir-2… - has been available for this long? It seems like it's a great deal or is it?

Answers (5)
Mandy S
Home Buyer
Sarasota, FL

Parking tickets are annoying for residents and visitors at Las Palmas Sarasota.

Sun Oct 18 2009, 22:16
Officer Bill
Home Buyer
Sarasota, FL

Look elsewhere. Las Palmas has a horrible property manager. Unduly obsessive and extreme. They have excessive speed bumps and posted signs everywhere. They ticket cars for no permit, and may tow them, often upsetting casual visitors who didn't register at the office (as posted required). The property manager issues tickets to 1-to-2 hour visitors. Ridiculous. The property manager is obsessive, compulsive and irritating. Overall, look elsewhere. One alternative is Willowbrook in Lakewood Ranch priced less and quieter.

Mon Aug 17 2009, 20:43
David Leventhal...
Agent
Longboat Key, FL

Hello Tabz
i personally like Las Palmas I remeber when they were first selling. As far as a good commnutiy, no matter what any agent tells you the answer to your question is this and my law I must say this. I can not tell you if it is a good commnuity or not for what is a good commnuity to me or you may not be a good commnuity for someone else. I can tell you this you should talk to the police station in the area and see the crime rate in the area and this will best help you in this matter. i am not trying to be vague just very honest. If i tell you its a great area and then you look at it and tell me otherwise then you think I'm misleading you or if i say is bad and you go there and love it then I'm again misleading you.
As far as the value of it, property went nuts here for 4 yrs. and so the values of these condos have gone down alot as well as all other property in this area of florida. will they go back up absolutely however they will not go up 5x in 1 yr. it may take a while for prices to get back to where they were. I can tell you this whatever you buy today in 10-20 yrs. will be worth more than it is today. Real Estate over the last 300 plus yrs. has always done well. Are there ups and downs in the market ofcourse there is. Unless you are planning on flipping a condo or selling it a 1 yr. what you buy today should more than likely be worth more in the future and with interest rates so low your mortgage will be lower today than if you bought a few yrs. ago when interest were higher and prices were higher.
I really hope this helps but pleaseuderstand no real estate by law can tell you if something is a good community however the police can and you should always drive around the area at night, middle of the day, morning, get a feel for the area and the make up your own mind
if I can help you in anyway please let me knowThe Leventhal Team
David

Tue Feb 3 2009, 12:34
Terri Fellows,...
Agent
Siesta Key, FL

Dear Tabz:

I can't tell you that I haven't heard these complaints about Las Palmas before but I do know that some people who own there, seem to like it very much. I have included a link below to all of the properties for sale in Las Palmas. This should help you decide if this particular property is a great buy.

If you don't live here, perhaps you need to plan a trip to look around at Las Palmas and other communities so that you can compare them. Take a walk through each community and ask the owners and renters how they like living there and what they would change if they could. It is really worth your time to get the know the community you are considering buying into.

http://tmf.mfr.mlxchange.com/?r=869187751&id=33383734373…

My best,
Terri

Teresa M. Fellows
Broker/Associate
Waterside Realty LLC
941-350-4297
tmf4257@mac.com http://www.floridawestproperties.com

Tue Feb 3 2009, 05:51
Liza Mckeever
Agent
34202
FIRST ANSWER

Hi,
I think although the market has brought pricing way, way down, you still have to remember the old saying, "location, location, location", check the schools, local parks, etc... I can say that the prices in this neighborhood were the first to drop very fast when the market tanked and as far as I am concerned I would take my 110K and at least look in other neighborhoods that have location, value, and amenities... think about this the market is very low when it was high where were the highest prices, and the most desirable homes to be found????? shshssh.... yeah,,, I would look at those neighborhoods for the rock bottom deals.

if you would like some help with this feel free to call me anytime. Hey and good luck! I hope that helps.

Mon Feb 2 2009, 18:28

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