What's the Commute Like From Azario To Nearby Cities like Sarasota, Saint Petersburg, and Tampa?3/23/2023   
Esplanade at Azario is a luxurious, amenity-rich golf community in Lakewood Ranch, Florida.
Even with all the amazing, self-contained amenities within Esplanade at Azario, we highly recommend you venture out and explore all the nearby culture hubs in cities like Sarasota, Bradenton, Saint Petersburg, and Tampa. So, what’s the commute like if you plan to travel, work, or dine in one of these cities? Let’s take a closer look! How Easy is Commuting from Esplanade at Azario Lakewood Ranch? If you are heading over to Main Street in Sarasota, commuting from Esplanade at Azario is very convenient since it is just 15 miles northeast of downtown Sarasota. Depending on traffic conditions, you’ll typically need 25-30 minutes by car to reach the restaurant and theater district on Main Street from Esplanade. In addition, Esplanade at Azario is also conveniently located for those who need to travel to St. Petersburg and Tampa. Its location near major highways, including I-75, I-275, and US-301, provides easy access for commuters to these cities. While it is easiest to drive from Esplanade at Azario Lakewood Ranch, with some advance planning, you can also choose from private transportation options and ride-sharing services like Uber and Lyft. With either option, plan your commute accordingly and allow a little extra time for potential delays (a red light here and there could tack on an extra 3 minutes each! ). But no worries, you'll enjoy the commute. The roads are lined with palm trees, the sky is sunny… you’ll get used to it. As we mentioned, there are so many amenities to support your lifestyle within the gates of Esplanade at Azario Lakewood Ranch, and you can absolutely experience all of life’s pleasures without leaving the gates! Sarasota and other major cities are just a short drive away if you are looking to enjoy a more urban lifestyle, premium shopping, and amazing dining options, providing a perfect blend of lifestyles. Healthcare and the Commute from Esplanade at Azario Lakewood Ranch A huge part of relocating is finding new doctors. We get it because we did it ourselves! It can feel daunting to contemplate where to go, who to trust, and how far away a good medical facility is. Esplanade at Azario Lakewood Ranch offers easy access to several healthcare facilities in the surrounding area and major hospitals and clinics in Sarasota. The Lakewood Ranch Medical Center is just a few miles from the community, providing residents easy access to primary care physicians, urgent care, imaging services, and more. For major procedures and medical specialists, residents can also visit the nearby Manatee Memorial Hospital, Sarasota Memorial Hospital, and Tampa General Hospital. These hospitals provide various services, including cancer care, orthopedics, neurology, cardiology, and more. At Esplanade at Azario Lakewood Ranch, you can enjoy living in a peaceful and serene environment while having the convenience of top-notch healthcare facilities just a short drive away. What Are the Educational Opportunities near Esplanade at Azario? We get calls all the time from prospective home buyers who place a high importance on the quality of the local schools here in Lakewood Ranch. Esplanade at Azario is ideal for families with school children as many schools and colleges are nearby. The neighborhood is zoned to Manatee County schools; all A-rated and in high demand. Some excellent schools near Azario include Gullet Elementary School, Mona Jain Middle School, and Lakewood Ranch High School. Lakewood Ranch Preparatory Academy is a nearby charter school as well serving grades K-12. For higher education, LECOM College of Medicine is on Lakewood Ranch Boulevard, and several other colleges like the University of South Florida, and the State College of Florida are nearby. What Other Factors Affect the Commute from Esplanade at Azario? Florida's weather conditions can significantly impact the commute from Esplanade at Azario. If you’ve seen some of our YouTube videos, especially the one we did about SRQ Sarasota-Bradenton airport, then you have seen what heavy summer rains look like here! During the summer, there is a higher chance of thunderstorms and heavy rain. It is always important that you check the weather conditions before heading out and adjust your commute time accordingly. Continued Growth near Azario Our area and the road infrastructure continues to grow. 44th Avenue East, which borders Azario to the south, has plans to be extended east and west. The westerly extension of this road will be a bridge over Interstate 75, connecting East and West County and providing a new route to several of Bradenton and Sarasota’s beaches. This will be a game changer for the entire region! Parting Thoughts Esplanade at Azario provides an unmatched lifestyle with access to world class golf, top-notch amenities, and social activities. Its convenient location close to major cities like Sarasota, Bradenton, Saint Petersburg, and Tampa, allows access to a world of culture and opportunities. From Azario, it is easy and convenient to commute for work, study, healthcare, and enjoyment due to the short distance and access to the highway. Want to explore the opportunity to own your dream home at the Esplanade at Azario? Our extensive experience helping clients find their dream homes in Lakewood Ranch has earned us a top-rated reputation. Give us a call at 941-348-2653, or send an email to [email protected], and let's discuss how we can assist you in finding your perfect home.
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 Retiring in a golf community can be a dream come true for active seniors and retirees. Golfing provides not just an excellent way to stay active and healthy, but also opportunities to forge social connections and lasting friendships. But maybe you’re not ready to make the leap into a 55+ community? Are you looking for a golf community in Southwest Florida that caters to all age demographics, while still giving you that retirement-paradise vibe? Esplanade at Azario Lakewood Ranch is the perfect option.  Esplanade at Azario boasts an 18-hole championship golf course designed to highlight the natural beauty of the surrounding landscape. The course offers challenging but playable terrain, pristine fairways, and various hazards that will test your skills. But what truly separates Esplanade at Azario is the incredible value you get with a bundled golf home. Many private golf clubs in the Lakewood Ranch area have limited open space for new members, requiring significant down payments and monthly dues. At Esplanade at Azario, the golf membership is included in the purchase price of your home, making it an unbeatable value. Furthermore, the HOA fees provide access to all amenities, including golf, without additional costs aside from a per round minimal cart fee. (note: there are some homes within Azario that do not include a golf membership) With unbeatable value, excellent golfing facilities, and a wide range of retiree-friendly amenities, Esplanade at Azario Lakewood Ranch has everything covered. A Quick Overview of Esplanade at Azario Nestled in the heart of Lakewood Ranch, Esplanade at Azario is a picturesque golfing village that offers its residents an array of world-class amenities. The community has been designed to cater to the needs of those who love to stay active and socialize. Esplanade at Azario is spread over 1,000 acres of lush greenery, with plenty of open space and scenic water features. The community's centerpiece is an 18-hole championship golf course designed by award-winning architect Chris Wilczynski, who has incorporated classic Florida golf course design elements. The community offers many amenities besides golf, including a tiki bar, culinary center, restaurant, resort-style pool and spa, fitness center, tennis courts, bocce ball courts, and a fire pit. The community's clubhouse is a hub of social activity, with plenty of events and activities organized by the social lifestyle committee. Esplanade at Azario Lakewood Ranch also features walking trails, parks, and plenty of green space for outdoor activities. Located in Lakewood Ranch, one of the top-selling master-planned communities in the country, Esplanade at Azario is in a prime location. The community is just a short drive from Sarasota and Bradenton, as well as St. Petersburg and Tampa, which all offer world-class dining, shopping, and cultural attractions. The area is also known for its beautiful beaches, nature preserves, and outdoor recreation opportunities.
Golf is a low-impact sport that people of all ages and fitness levels can enjoy. It provides an excellent cardiovascular workout and can help improve flexibility, strength, and balance. Golf also provides an excellent opportunity to enjoy the fresh air and Florida sunshine . The other key benefit is the sense of community and social opportunities that come with the golf lifestyle. Esplanade at Azario offers a wide range of activities and events organized by the social lifestyle committee. Residents can participate in everything from fitness classes and art workshops to holiday parties, providing plenty of opportunities to socialize with friends and neighbors.
In addition to the championship course, Esplanade at Azario also offers a variety of practice facilities. Golfers can practice putting on an expansive putting green or work on their drives on a grass turf driving range. Chipping and bunker practice areas are also available for those looking to perfect their short game. If you’re looking for more than just a casual round of golf, Esplanade at Azario hosts golf events and tournaments. These events provide an excellent opportunity to test your skills against others in the community and make new friends. Whether you are a seasoned pro or just starting, the golf courses and facilities at Esplanade at Azario offer a fantastic place to play and improve your game.
The community is designed to promote active and healthy living, with numerous amenities and activities to suit residents of all ages and interests. The community's wellness center is a hub for health and fitness activities, offering a state-of-the-art gym, yoga studio, and aerobics room. There is also an on-site spa where residents can relax and unwind with a range of pampering treatments. Social activities are a vital part of life at Esplanade at Azario. The community's dedicated social lifestyle committee plans events and activities to keep residents engaged and connected. Something is always happening in the community, from book clubs and card games to wine tastings and cooking classes. Lifelong learning opportunities are also available through the community's continuing education program, which offers courses on various topics from art and music to history and science.  Real Estate Options and Opportunities in Esplanade at Azario Lakewood Ranch A wide range of homes are available at Esplanade at Azario, including single family homes, single family villas, and paired villas. There are nine floor plans for new construction, each offering different lifestyle options to suit residents' needs and preferences. The homes are designed to be low maintenance, providing residents with more time to enjoy the community's amenities and activities. There are resale options occasionally, though they don’t often appear since everyone who lives in Esplanade at Azario loves it there! Our Parting Thoughts Retiring in a golf community offers numerous benefits, including a healthy lifestyle, social opportunities, and a sense of community. Esplanade at Azario, located in Lakewood Ranch, Southwest Florida, is an ideal retirement destination for golf enthusiasts. In addition to its 18 hole championship golf course, Esplanade at Azario is a hub for wellness, social activities, and lifelong learning opportunities, - it is a great place to lead an active and fulfilling lifestyle. Thinking about retiring at Esplanade? Reach out to Sold By Chenkus today! We’re one of the top-rated real estate agents in Lakewood Ranch for good reason, with years of experience helping clients find their Lakewood Ranch dream home. Give us a call: let’s talk about starting your retirement journey! 941-348-2653 [email protected]
 Today we're going to answer one of the most common questions that we hear and that most real estate agents hear from just about everybody, and that's: How is the market? Is the market hot? Is it slow? Are things selling? How quickly are they selling? I pulled some key data in a very specific neighborhood that gives a great measure for how Lakewood Ranch is doing overall. We will take it back six months from the last quarter of 2022 through the first quarter of 2023, and show you what's going on. Looking At Metrics For Country Club A great way to figure out what's happening in Lakewood Ranch is to focus on one neighborhood in particular, and that's Country Club. The reason that I say that is Country Club is a fully built out neighborhood. There is no more new construction there, and it's very, very large. It's one of the biggest neighborhoods in the entire area. So by taking metrics of the entire neighborhood for the last six months, we can see how resale is doing, what the price point is, the average price per square foot, what's selling, and what's not. The Absorption Rate At Country Club And then there's this little measure that the real estate industry uses called the absorption rate, and that is going to tell us how quickly homes sell and whether it's a buyer's market or a seller's market. I looked up absorption rate calculator in Google and found this article on Rocket Mortgage's website, and it's pretty self-explanatory...
Link to full article A market with an absorption rate above 20% is typically called a seller's market and below 20% is a buyer's market. Another way to look at it is how long does it take to sell the current inventory? Generally speaking, six month's worth of inventory is considered a balanced market. It's neither buyer nor seller. What Does The Current Market Tell Us? The goal here is to figure out that number, as it relates to Country Club in Lakewood Ranch. In Country Club, right now there are 33 active listings, 33 properties total that are for sale. That includes primarily single family, but there are some villas, which are side by side units. There are also some townhomes or condos. For the purpose of this exercise, we are using all the current listings. The average sale is a three bed, three bath house, 2,755 square feet. The average list price of these active listings is $1.14 million, and the average days on market as of today is 60. Now let's take a look at what's currently pending... all properties that are for sale right now within Country Club that have an executed sales contract, they are "under contract". Going back six months, 180 days.. we have 17 homes in Country Club under deposit. The average is 3 bed, 3 bath, 2,700 square feet, which sounds familiar to the active listings. $1.13 million is the average list price of those homes that are under contract.. S just under $400 a square foot, and it looks like the average days to contract is between 40 and 50. Canceled And Expired Listings All right, now let's look at canceled, withdrawn, and expired listings. There's a total of 20, from the last quarter of 2022 to the first quarter of 2023, there's only 20, which is not much. The expireds tell a better story of failure, for lack of a better word because those properties tried to sell, and did not give up. They just didn't sell. Canceled and withdrawn listings could be a little bit different and might have unique circumstances of the seller; maybe they decided they just didn't want to sell any longer and took the property off the market. But for this exercise, I'm not going to differentiate. We're just going to count this number: 20 total properties that did not sell over the last six months that were on the market for sale. Pulling It All Together: What Do These Numbers Tell Us? Now let's look at the sold properties over the last six months in Country Club... Okay, so we have 55 total properties. The average was a 3 bed, 3 bath, 2,678 square foot Average list price just under $1.1 million Average close price looks like it was just under $1.05 million. This all seems pretty consistent with the other data. The average days on market shows 42 to contract and 92 days to the closing. All very good statistics for a seller. The Real Markey Measure: The Absorption Rate - Q1 of 2023 Now, let's dig a little deeper into those numbers and put them in relation to each other so we could see what the absorption rate is. To calculate the absorption rate, we take the total number of homes sold over the last six months in Country Club... which was 55, and divide that by six months. (55/6 = 9.16) So 9.16, or just over nine homes per month sold in Country Club over the last six months. Currently, there are 17 active listings. So... The final question is "How long will take to sell those 17 homes given the absorption rate of 9 homes per month?" The current 17 homes will only take two months to sell! Another way to calculate the absorption rate is to put it into a percentage. And 9 divided by 17... ... puts the absorption rate at 53%. Typically if the absorption rate is between 15 to 20%, that would be a more neutral market. Anything over 20% indicates a seller’s market. We are at 53%, so the Lakewood Ranch market is still seriously HOT and not slowing down. Lakewood Ranch: Upwards Growth Trajectory In A HOT Seller’s Market The proof is in the data. Sometimes it's easier just to focus on the numbers, which is why I wanted to do this exercise with you. Lakewood Ranch is going to continue to grow, especially east and south. We're currently only 65% built out, so there are options and opportunities for new construction and there's plenty of options for resale. If you're considering a move to Lakewood Ranch, give us a call. We'd be happy to chat with you, provide some guidance, answer any questions that you have, and we can work together to find the perfect home for you. 941-348-2653 [email protected]  |
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