Monday, May 23, 2016

Neighborhood Focus: Sorrento Shores in Nokomis FL

If you're a boater and are looking for a home with deep water and easy access to the Gulf of  Mexico, Sorrento Shores is a good place to start.

Sorrento Shores homes for sale in Nokomis Osprey FL

Sorrento Shores homes include multi-million dollar luxury homes with canal frontage, and more modestly priced homes without canal frontage.  This area has been a favorite of both investors and new home buyers alike.  Many of the original canal homes are on large lots and have been torn down or extensively renovated.  We are also seeing renovation of the interior homes in Sorrento Shores.

Sorrento Shores community marina

For those homeowners who are not on a canal, Sorrento Shores offers a community boat dock on a first come, first served basis.  These slips can accommodate boats up to 28 feet and cost $900 annually.  There is direct access to the ICW, and only one very high draw bridge at Albee Road leading boaters to the Venice Jetty and the Gulf of Mexico.

Compared to 2015, sales in Sorrento Shores have slowed tremendously.  I don't view this as an indication the market is slowing down, but rather a tight inventory situation and lesser renovation and investment activity.

Sorrento Shores recent real estate sales

Sorrento Shores is a deed restricted community with a low HOA fee of $75 annually.  View currently available homes for sale on my website, and sign up for Sorrento Shores updates.

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