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2018 Real Estate Agent Market Report

2018 Second highest Realtor Darcie Duncan

2018 proved to be another fantastic year for real estate sales on Anna Maria Island according to the 2018 MLS Real Estate Agent Market Report. The Florida Multiple Listing Service records the listing and selling activity by the Realtor Association of Manatee and Sarasota county.

Looking at all sales in this area 2018 Realtor Darcie Duncan came in as the second-highest local realtor with a total transaction volume of $54,918 000.

 

 

 

Currently, there are 342 properties listed on the island which is a bit higher at this time of the year due to the seasonal activity. Anna Maria Island’s property use is a mix of people living or planning to retire in paradise, investment and vacation rentals. New construction is still taking place. However, it seems the housing market is stabilizing and prices are going to level off some in 2019.

2018 Real Estate Transactions

Even though the island is only 7 miles long there are three cities that are divided in 2 zip codes in regards to their real estate transactions.

Anna Maria City with the North end especially desired by vacationers for the quiet ambience shows the highest listing and selling averages. In 2018, three of the top 20 realtors in Manatee and Sarasota County selling property in this 34216 zip code were from Duncan Real Estate and contributed 28 transactions in total. Among them are Darcie Duncan leading Team Duncan with 20 sales at the average purchase price of $1,185 000, followed by Christine Kourik and Michelle Laade.

Currently, 80 properties are listed for sale here. They are a combination of residential, income and vacant land. Residential listings make up the highest number with 72 at a purchase price average of $1,640 547.

 

 

 

 

 

Holmes Beach and Bradenton Beach sales are recorded combined under the zip code 34217. In 2018, Darcie Duncan was in the top position of all realtors with 27 transactions for a total of $27,987 000.  Christine Kourik and Michelle Laade  came in under the top 12 realtors in this geographic category and added 29 sold listings for the Duncan Real Estate team.

Darcie Duncan top realtor

Jan-Dec 2018 MLS Agent Market Report, Holmes Beach

 

 

 

 

At this time there are 260 listings in the 34217 zip code.  212 of them are residential properties and their listing average is $997 047.

 

 

 

 

If you like any more information on current listings or other real estate information please reach out to one of Team Duncan’s professional realtors. You can call us at 941 779 0304 or send us a quick message.

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Chamber Business Award 2019 for Duncan Real Estate

Chamber Business Award for Duncan Real EstateLast Friday night Duncan Real Estate was honored with a Chamber Business Award 2019 by the Anna Maria Island Chamber of Commerce. During the yearly Award Ceremony and Board of Directors Installation at the Seafood Shack four Business Awards were presented. There were awards given in four categories for small, medium and large business of the year and including the new “Non Profit of the Year”.

Additionally, the Rotary Club of Anna Maria Island co-directors Judy Rup and Dennis Schuermann awarded the Rotary Club’s Businessperson of the Year award to John Horne, the Anna Maria Oyster Bar owner.

Chamber Board member Karen LaPensee awarded Darcie Duncan with the large Business Award.

Darcie’s experience in Real Estate for more than 2 decades shows proven results with her exceptional real estate service. As a strong leader she built a positive working environment and is supporting and nurturing those around her. Growing by building client relationships she provides above industry standards in times of constant change with the necessary dose of optimism that conveys the strength and security of the business.

 

Team Duncan is proud to participate many volunteer hours in various non-profits and organizations:

  • Chairman of the Manatee Chamber of Commerce
  • Membership engagement council for Manatee Chamber of Commerce
  • Leadership Manatee Alumni Association President and Board member
  • Past board member of Anna Maria Chamber
  • Founding Member of the AMI Chamber
  • Holmes Beach Police Pension Board
  • Friends of Manatee County Animal Services
  • Nate’s Honor
  • Realtor to the Rescue
  • Dachshund Rescue
  • Volunteer at the Farmer’s Market in downtown Bradenton
  • Event committee with the Anna Maria Chamber of Commerce
  • Serve at the Salvation Army, St Bernard Church, Our Daily Bread
  • Sea Turtle Watch Volunteer on AMI
  • Gulf Shore Animal League
  • Habitat for Humanity
  • AMI Public Library
  • Volunteer at Anna Maria Elementary School
  • Keep Manatee Beautiful – volunteer to clean up
  • Support PACE Center for Girls, Woman’s Resource Center of Manatee County, Suncoast Reading, Manatee County Education Foundation, The Center of AMI, AMICCO, Art Hop, AMI Players, Foundation for Dreams, American Cancer Society, Manatee Players, Red Cross, St Jude, Bradenton Christian School, Good Will, Humane Society.

 

Chamber Business Award 2019

Darcie Duncan accepting Business Award

Please call Team Duncan for all your Real Estate and Vacation Rentals needs at 941 779 0304 or send us a quick message.

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Good Morning, Anna Maria Island!

AM Tampabay visting Anna Maria IslandIf you turned on your radio this morning to WFLA 970 to check on the AM Tampabay morning show you could have heard “Good morning, Anna Maria Island”. This very informative show broadcast from the Anna Maria Oyster Bar at the Bridge Street Pier, Bradenton Beach on October 18.  The talk formatted AM radio station usually originates in Tampa with this morning program running weekdays from 5-9 am. The hosts Jack Harris, Aaron Jacobson, Jeff Kuyrkendall and Katie Butchino keep their listeners informed and amused with the latest news, traffic, weather and more.

 

Anna Maria Oyster Bar at Bridge StreetLocals gathered for breakfast by the outdoor area of the restaurant and enjoyed the live performance of the talented radio crew. The beautiful setting by the Pier was accompanied by a stunning sunrise. John Horne, owner of the Anna Maria Oyster Bar, joined the fun. There were several interviews with local business owners like Karen Riley Love who owns a Beach Wedding Service. Elliott Falcione, the director of the Bradenton Area Convention and Visitors Bureau, talked about the end of Red Tide and invited all the listeners to come out to Anna Maria Island and enjoy paradise.

 

 

The Anna Maria Oyster Bar is also part of the Restaurant Month of the Year Campaign. For 30 days in October you can eat more and spend less in the Bradenton area. You can even win a five-night stay complete with round trip airfare and restaurant vouchers. Just post a picture of yourself enjoying the food in one of the participating restaurants to Facebook or Instagram with #DineCoastal.

 

Sunrise over Bridge Street Pier

Elliott Falcione (right) with the morning crew

Duncan Real Estate features November as great deal month. Enjoy fall on Anna Maria Island and take 15% off the rental fee for any arrival in November 2018! Even better – stay here for the Thanksgiving week and receive a Publix gift card for your grocery needs! How much? Call the Duncan Vacation Team! (New reservations only, discounts don’t stack, some properties require manager approval). Find your perfect island getaway here!
If you like more information call the Vacation Rental Team at 941 779 0304 or send us a quick message.

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New Homes close to Anna Maria Island

If you like to experience the best of the island lifestyle without the island pricing consider a new home very close to Anna Maria Island. Head over the bridge and discover several new developments within miles that offer gated, private communities with loads of extras. Our Duncan Real Estate agents are happy to show you around!

Harbour Isle

Harbour Isle just over the Anna Maria BridgeThe final phase of the Harbour Isle community just over the Manatee Avenue Bridge offers coach homes in the Edgewater Walk section of the development. Enter through a gated guard tower and proceed down a narrow Royal Palm-lined drive. A 2-mile walking path encircles the island and is skirted by a 38-acre man-made lake. A large mangrove borders the preserve on the east side. living here comes with a lot of extras. The Beach Club is a private clubhouse with oversize pool and spa and even has sandy beach. There is a Fitness Center, Cabana Bar, Kayak Launch, Yoga Lawn and Marina with Wet and Dry Storage.

There are also 2 and 3 bedroom condos available at the other affiliated neighborhood called Marina Walk.

Palma Sola Bay Club

New homes close to Anna Maria IslandJust driving a few miles along the SR 64 causeway brings you to the gated Palma Sola Bay Club, aptly named being located across the waters of Palma Sola Bay. This community offers four story mid-rise condos. Each building has 9 residences that range from 2 bedroom/ 2 bathroom to 3 bedroom/2.5 bathroom designs. Enjoy Bay views, a splendid clubhouse, resort-style pool, kayak launch and resident events. The luxurious development received various awards for “Best Master Suite & Best Architectural design”, “Best Kitchen & Best Floor plan” and was the 2017 and 2018 Parade of Homes Overall Winners.

The Estuary

The Estuary in Northwest BradentonThe Estuary is a charming, gated neighborhood with new homes so close to Anna Maria Island. 50 homes that range from 2,181 to 2,427 square feet are sitting on 53 acres that border Robinson Preserve. The nature park offers miles of walking, biking and kayaking. The houses are designed in a Tuscan and Country French style and include three bedrooms, outdoor living spaces and two and three-car garages. This is a maintenance-assisted and low fee community that offers Florida living at its best.

 

 

Mirabella

Mirabella in West BradentonAnother sought-after community is Mirabella, nestled in the heart of Village Green in West Bradenton. This innovatively designed neighborhood features resort-style villas that are LEED, ENERGY STAR, and HERS certified. Mirabella offers a central location with a laid-back atmosphere designed for residents 55 and over. The amenities allow for an active lifestyle.  Enjoy a heated lap pool, spa, indoor gym, gathering room, outdoor kitchen/barbeque area, fenced in dog park and pickle ball courts. The HOA takes care of the home and common lawn, trees and shrubs for a hassle free living.

 

If you are interesting to learn more about these developments or any other listed home please call our experienced sales team at 941 779 0304. With our local knowledge and experience we can help you find our slice of paradise. If you prefer email correspondence click here for you inquiry.

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Team Duncan Community Spirit

Anna Maria Island is a small tight knit spot and Team Duncan shows its community spirit in good and not so good times.

Waterfront Luncheon

 

Recently, Team Duncan was on the receiving end by getting treated for lunch at the Waterfront Restaurant. Many shops and restaurants employees have been hit hard because of the recent Red Tide outbreak that coincided with the tourist off season. The owner Jason Suzor took the opportunity to invite Team Duncan to thank our office for our continuing support of this great island eatery.

 

 

Bowling Tourney

 

Another big community event took place this weekend. The yearly bowling fundraiser for the Center of Anna Maria Island had a great turnout. Teams of 5 players each participated on 52 lanes at the AMF Bradenton Lanes. All proceeds were going to the Center. There was a silent auction and a 50/50 raffle. Martha Jones of Duncan Real Estate was the lucky winner of the raffle and donated half of the amount back. Thanks Martha!!

 

A word from Darcie Duncan, broker and owner of Duncan Real Estate:

Whether buying or selling let our local expertise, in depth knowledge, top notch negotiation skills and proven track record work for you. We do business the way it was meant to be and offer client focused customer service with your best interest in mind. Our success and reputation speak for itself. We pride ourselves to have been recognized with numerous business awards and to show our community spirit by giving back to the place we call home. Experience the Duncan Difference for yourself!

Like to know more about our community involvement? Please call us at 941 779 0304 or send us a quick message here.

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Anna Maria Island Red Tide Fundraiser

A picture perfect sunset accompanied the diners at the Anna Maria Island Red Tide Fundraiser in response to the recent algae outbreak. 160 guests enjoyed the long table 5 course dinner sitting right on the beach in front of the SandBar restaurant on August 26, 2018. The event raised money to benefit START (Solutions To Avoid Red Tide) – an organization dedicated to Red Tide research. It was also helping bringing awareness to island businesses that are hit very hard by the devastating effects of this year’s Red Tide bloom. The impact was immediate and also coincides with the slowest time of the island tourist season. It resulted in abrupt income loss for many business owners.

 

Anna Maria Island Fundraiser

Jack Elka Photography

 

Sponsors of this event were many local restaurants like the SandBar, Anna Maria Oyster Bar, Blue Marlin, Dry Dock Grill, Seafood Shack and The Waterfront Restaurant. Others included Visit Florida, Bradenton Area and Convention Bureau, Darwin Brewing, Southern Glazers Wine and Spirits, Gold Coast Eagle Distributing and the Bradenton Herald.

Darcie Duncan, owner and broker of Duncan Real Estate, participated in the festivities. Pictured below are Carol Whitmore, (Manatee County Commissioner, left), Darcie Duncan (middle) and John Horne (owner of Anna Maria Oyster Bar, right).

 

If you like to get the latest information on the beach conditions please contact Team Duncan. We aim to provide our guests and customers with the most accurate information about the daily situation. Please call us at 941 779 0304 or send us a quick message here.

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Economic Impact of Red Tide

Congressman Vern Buchanan held a round table discussion with a small group of area businesses on the economic impact of Red Tide on Friday, August 24th 2018.
Red Tide has hit the Gulf coast of Florida and reached Anna Maria Island about 2 weeks ago.
Dr. Crosby, the CEO of Mote Marine, explained the scientific side of it. Red Tide is a natural phenomenon and the severity of the bloom might be influenced by humane impact in form of terrestrial water runoff. The main focus is to forecast and control the blooms of Red Tide. The existence of this algae has been documented for centuries and the field is usually located about 30 miles offshore. If scientists can control and attack an outbreak before it reaches the shore the devastating effect on marine life, people and tourism could be prevented. Also, being able to forecast the movement of Red Tide will help the coastal communities.

Congressman Buchanan (right) listens to Dr. Crosby’s (left) Red Tide summary.

Island Impact of Red Tide

Duncan Real Estate represented the only real estate company on Anna Maria Island to discuss this year’s outbreak and the effects on the real estate market. The biggest battle is conveying the most accurate information. Social media and general misinformation can spread improper details about the situation. Red Tide is influenced by wind and currents and daily changes occur.
The impact on the vacation rentals and other tourism related businesses like island restaurants, shops and water sport activities has been immediate. Rental owners and management companies are using their discretion regarding their guest reservations.

Daily Updates

Team Duncan offers daily updates on our beach conditions. One of our team members is checking the beaches in the morning for the most accurate report.
Additional information regarding the beach conditions can be found on various sites.

Manatee Beach Report:

August 27, 2018 Report

If you like to talk to a Team Duncan member about the latest update please call us at 941 705 3344 or send us  a quick message here.
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New Margaritaville Hotel

The ever increasing supply of vacations rentals on Anna Maria Island will have a new addition just over the bridge with the new Margaritaville Hotel.

The Bradenton City Council unanimously approved the site plan amendments of the Minto One Particular Harbor project.  The reason for the changes was the proposed conversion of the commercial space for hotel purposes.  Even though the floor coverage of the commercial segment of the project will increase from 64 000 square feet to 122 20 square feet the footprint itself will not be changed. The new buildings will have multiple stories instead. The site plan amendment was found compatible with the Bradenton Comprehensive Plan and surrounding area.  Also, the city services like water and sewer will meet the changed demand.

Once finished the entire Minto development will feature 3 sections in total. There is the completed Harbor Isle with its separate gate entrance to the coach homes at Mangrove Walk and Edgewater Walk and the Waterfront Beach Club. Marina Walk is located behind the marina. It consists of 11 residential buildings and is also finished. One Particular Harbor is the final phase of the Minto project.

Margaritaville Hotel Details

All commercial buildings will be located at least 300 feet away from the residential section “Marina Walk”. This area is called One Particular Harbor and features the marina with 55 wet slips and 128 dry slips, retail space and hotels.

The originally planned retail space of 17 600 square feet is now reduced to 1520 square feet. This commercial area will be used as the ship’s store already under construction. The store will be located by the dry dock marina.
The restaurant space will also be used differently and will feature only one instead of two restaurants and will have 305 seats.
The planned hotel will be the first of the brand new upscale boutique style hotel brand COMPASS under the Margaritaville umbrella. There are a total of 2 hotel sites planned. One will be located directly in front of the marina with 30 rooms over 3 stories. The Minto representative Marvin expects the primary visitors to this hotel to be boat owners and guests to the marina. The primary hotel building will face Manatee Avenue with a setback of 150 feet from the right of way. There are 101 rooms planned over five stories.

If you like to stay directly on the island for a tropical getaway contact our Duncan Real Estate rental team at 941 705 3344, browse our inventory or send us  a quick message here.

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AMI – The One Million Dollar Island

If you have you been watching the Anna Maria Island Real Estate market recently you might have noticed many sales that reached or passed the one million Dollar mark.

Investing in Real Estate has always been an American strategy to begin building wealth. It can generate ongoing passive income and can be a good long term investment if the value increases over time.  A decade after the financial crisis and drops of over a third in value homeowners have regained their worth led by a robust labor market with economic activity and housing demand. According to a Reuters poll US house prices will rise at twice the speed of inflation and pay with an expected gain of 5.7% this year.

US Wide Median Home Values

Looking at the median value the wealth building strategy seems to hold true for many metropolitan areas. Exclusive suburbs close to finance or tech hubs have seen drastic value increases over the last 2 years like San Jose (by 53.8%), San Fransisco (by 45.5%) and Seattle (by 44.7%). Both US coasts are clustered with million dollar markets. According to Zillow there are 197 cities where you will need a 7 figure check to purchase real estate. California features more than half of these markets, followed by New York and New Jersey. 

The One Million Dollar Island

Florida has seen its share of rising median values. Miami tops the list with an increase of 30.4%. For example, Fisher Island is the home of the stars that features a median value of about $ 3.2 million.

The other 2 larger cities in the Sunshine State are Tampa and Orlando that also saw a higher than average growth with over 20% value increases. However, no other Florida area than Anna Maria will join the exclusive list of the million dollar municipalities next. Zillow is projecting that the median price of island homes will rise to $1.0094 million from the current $964,200.

Looking at sales in Holmes Beach over the last 3 months the sold prices seem to confirm this trend.

The one million Dollar Island

 

 

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Red Tide in the Gulf of Mexico

If you have been to the Florida Gulf coast you have heard of Red Tide. The harmful algal bloom is the rapid growth of microscopic algae. It generally occurs in late summer or early fall. Along the Gulf coast of Florida and Texas, the algae species Karenia brevis produces toxins that have harmful effects on people, fish, marine mammals and birds. It can result in large fish kills and discolored water. These brevetoxins can become airborne when wave action breaks the cells and can cause severe respiratory irritation in people.

Luckily, Anna Maria Island has not seen severe outbreaks on a yearly basis. Oftentimes the blooms occur in the South Western Gulf of Mexico and don’t travel all the way into our region.

The latest update from Sep 27, 2018 according to the Mote Marine report shows the welcome improvement of the situation on Anna Maria Island. Locals and visitors are enjoying the beaches again!

Research of Red Tide

Biologists have documented the occurrence and abundance of K. brevis for more than 50 years, during which detection and monitoring technologies have changed dramatically. The local Mote Marine Laboratory and Aquarium in Sarasota is involved in the Red Tide research program.

Prior to 1970s Florida red tides were believed to originate inshore. Blooms and respiratory irritation were most often observed first around passes and barrier islands. It is now determined that red tides begin in nutrient-poor water 111 to 46 miles offshore. There are 4 stages of a bloom. First is accumulation and spreading into an area.  During the second stage growth occurs. The population steadily increases and within a few weeks, K. brevis concentrations may be high enough to kill fish. In the third stage wind and currents control the bloom’s movement. If the algae moves inshore, nutrient runoff from land may promote bloom expansion. A bloom can linger in coastal areas for days, weeks or even months. During the last stage wind and currents disperse the cells.  New water introduction reduces the concentration of K. brevis cells.

Status information

Scientists are now able to better forecast red tides and their movements. Besides water sampling and enumeration (cell counts), molecular tools and toxin analysis the detection with satellite imagery is a helpful tool. The collected data can be used in predictive models of bloom movement.

The Florida Fish and Wildlife Conservation Commission (FWC) publishes reports on the current status of Karenia brevis blooms using tables, static maps, and interactive Google Earth maps. Please click on more information here. Mote’s Beach Conditions Reporting System provides shoreline observations for public beaches like Manatee County Beach and Coquina Beach on Anna Maria Island. The information is updated as often as twice daily at visitbeaches.org.

The National Oceanic and Atmospheric Administration (NOAA) also issues bulletins that contain an analysis of ocean color satellite imagery, field observations, models, public health reports and buoy data.

Manatee County is also updating daily at mymanatee.org/redtide.

Anna Maria Island Red Tide

 

Please contact Team Duncan for more information on this topic. Our office is open Monday through Saturday. We are looking forward to your call at 941 779 0304  or send us a quick message here.

Contact us or call Duncan Real Estate today at 941-779-0304 to speak with our knowledgeable real estate specialists.