Cherokee Park Real Estate Report For May 2014
Near world famous St. Armand’s Circle is Cherokee Park, a community first developed in 1926 with luxury homes featuring Italian, Spanish or Moorish architectural styles. Most of the residences in the neighborhood of Cherokee Park have been remodeled, which range widely in floor plans. The largest and most expensive residence sold in 2007 for $6,600,000.
The most attractive thing about this Sarasota community is its location. Close to St. Armand’s Circle and the Asolo Theatre, it’s also near Siesta Key Beach. Residents can enjoy a round of golf or nightlife and entertainment is just a stone’s throw away. Its palm-lined roads are quintessential Florida, with many homeowners boating in the bay or gulf.
Cherokee Park by the Numbers
In the month of May, this community had 3 new listings and 1 home sold during the month.
- The average sales price in May was $1,120,000
- The average list price in May was $1,596,100