Located between the districts of University Park and The Meadows, not far from Lakewood Ranch, Grande Oaks Preserve in Sarasota is a gated and intimate condominium neighborhood that was originally intended to be a massive community when development started in 2003; however, the downturn of the national housing market worked in favor of residents who now enjoy more privacy in a very desirable section of Southwest Florida.
The original plans for Grande Oaks called for 10 low-rise condo towers and more than 100 units; the idea was to take advantage of the burgeoning commercial development around University Park. By 2009, the builders wrapped things up with just five buildings and 60 spacious units that arrived on the market at very reasonable prices. Since then; lucky buyers have enjoyed plenty of value appreciation thanks to the nice amenities and a great location that keeps getting better.
Grande Oaks follows the modern concept of spacious floor plans and upscale features. The two and three-bedroom units range between 1,860 and 2,687 square feet of interior and include two full bathrooms. All units have views of the lake on one side and 20 acres of forest preserve on the other; upgrades such as double doors, walk-in closets, granite counter tops, screened balconies, and high-end appliances can be found in most Grande Oaks residences.
Amenities available to homeowners and their guests include a full gym, heated pool, spa, a clubhouse, entertainment hall, and two tennis courts. This is a maintenance-free community where owners have the right to rent their units after 24 months of ownership. The prime location has attracted quite a few seasonal residents as well as property investors.
As previously mentioned, Grande Oaks enjoys one of the best locations in Sarasota. A Whole Foods supermarket is within walking distance along with three shopping centers. The Mall at University Town Center is close enough for a bike ride, and there are a few golf courses nearby. Pricing starts at $325K, and it is bound to continue appreciating in 2018.
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(all data current as of 2/27/2020)
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