We’d like to thank all of the Realtors that
helped us compose this story for you.
Carol Stewart, Michael Saunders & Company,
(941) 276-1162. CarolStewart@michaelsaunders.com
Michelle Finley, Parsley Baldwin Real Estate,
(941) 204-4000. michelle@pbgrande.com
Jim Benson, Paradise Exclusive, (941) 698-0303.
Jim@paradiseexclusive.com
Rebekah McCracken, Coastal Dream,
(941) 219- 2347. rebafl homes@gmail.com
Brian Corcoran, The BRC Group, LLC & Boca Grande
Vacations, (941) 964-8180. brian@mybrcgroup.com
Mark Spurgeon, Boca Grande Real Estate,
(941) 964-0338. mark.spurgeon@bgre1.com
Jeremy T Jones, Tall Pines,
(941) 698-4111. tallpinesinfo@yahoo.com
Marty Chappell, Gulf Realty Inc.,
(941) 468.7603. marty@gulfrealtyinc.com
he said, “and in January, 2021 we already are
about 90 percent booked for 2022 season.
If you are looking to purchase a home in
this seller’s market, I would suggest that you
use a full-time, experienced Realtor®, so that
you do not miss out on your new home. Just
remember, location, location, location! In my
opinion, we are in the best location in all of
Florida. If I had to offer one negative about
our local real estate market, it would be that
our greater Gasparilla area is no longer a
secret.”
Marty Chappell is
the owner of Gulf
Realty & Associates,
LLC and Gulf Realty
Rentals of Englewood.
He knows we are in a
full-on seller’s market,
and compares it to late
summer, 2019.
“That year we were
in a relatively similar
market situation,” he said. “However, the
pandemic has created demand that is even
stronger. Although there are defi nitely some
differences between now and then, I also see
some similarities in the level of demand we
experienced back in 2004-2005.”
One of Marty’s clients, a man named
Michael from Atlanta, just purchased a
second home on Manasota Key. He felt that
August 2020 was the right time to make the
move, with COVID enabling him to work
remotely, and his children in school remotely,
the family had realized that they could live
anywhere.
His reasons for leaving Atlanta were simple.
“It’s great to get out of a big city, with the
crime, traffi c and tons of other headaches,”
he said. “None of those problems exist here.
The people here are friendly, the town is
well run, and it’s safe. If you’re able to live
in paradise, why would you live anywhere
else?”
Chappell believes that being stuck at home
seems to have most people re-thinking their
long-term strategy for a second home or
vacation investment.
“Most homeowners appear to be in
a holding pattern, and those seeking
properties are wanting to invest with similar
goals in mind,” he said. “The problem is,
with little to no inventory available, buyers
are lining up to view homes. They fi nd
themselves in situations where multiple offers
are being made, which in turn is making
it more diffi cult for buyers to invest in the
market.”
Chappell has sound advice for anyone
looking to purchase a house in this market.
Things they should be looking for are homes
or condos with water views and/or easy
water access, as they tend to hold their value
the best over the long term.
“If it’s an investment property buyers are
seeking, income-producing properties that
have beach access, dockage rights and a
pool – the ‘trifecta’ – tend to have the best
return on investment,” he said. “That being
said, since inventory has been so low, buyers
need to be ready in a moment’s notice by
having access to funds and/or a pre-approval
letter from their bank so they can be ready
to make an offer. Timing is everything, and
although mortgage rates are very low, cash is
king.”
Pandemic life has presented us with so
many uncertainties that hinge on many
different factors. One thing is certain, though.
If you are thinking about buying or renting
a new home, condo or apartment, be
prepared for a marathon search. Your perfect
place on the Gulf Coast is right around the
corner, available to the highest bidder.
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