Skip to content Sitemap

Blog

Sarasota Luxury Rentals are a Booming Business

Beautiful Sarasota Florida, Live in Paradise!

sarasota

Sarasota is Rated #2 in the nation for Retirement Living in the United States,  According to “Best Places to Retire All Over the Map” by Jane Wells at CNBC.

 

siesta-key-crystal-classic-sand-sculpure

Siesta Key Crystal Classic 2016 Sand Sculpted Masterpieces

It is easy to see that  Sarasota has everything to offer.  #1 Beach at Siesta Key, many PGA Golf Courses, Shopping and Fine Dining at the famous “St. Armand’s Circle” and a new shopping mall UTC, with the finest retail shops anywhere. Our city  has The Sarasota Film Festival, The Sarasota Ballet Company and Sarasota Opera House , the Baltimore Orioles come for spring training.   There is always something to do in Sarasota for everyone!

Did I mention the beautiful mild fall, winter and spring weather? Why wouldn’t you want a to live in paradise? Most noteworthy, you  can have your investment property pay you income while leasing annually or short term. Luxury Rentals range from $5000.00 per month on up to $25,000.00+ per month  depending on the property, during season.   Zillow has the median home price range as being around $254,000.  But if you are looking in  the Luxury waterfront market, expect to pay a premium,  usually starting at over $2,000,000. on up.

Until you are ready to live full time in our wonderful city, we at McMullen Properties, Inc. will take  excellent care of your property.  We will lease and manage everything necessary to keep your investment in tip top shape. In doing so, this will maximize your earnings of you rental income. Also, we do a thorough background check on all tenants which includes: Criminal, Credit Rating and Rental History.

 

 

Office Suite for Lease in North Sarasota

20161012_152453

245 Whitfield Avenue Sarasota, Fl.

Location, Location, Location! Conveniently located north of  Sarasota Airport.

This Office Suite is perfectly suited  for a new business just starting out, or for business scaling down needing less space.

The office suite has 1,000 square feet of air conditioned space  and is located directly on the corner of N. Tamiami Trail (US 41) and Whitfield Avenue. Great curb appeal with  easy access and  unlimited parking available. The Office Suite is available as an annual lease.

Perfect space for Small Business, Club Meetings, Therapists, Yoga or Dance classes. The potential is limitless! Impressive new wood flooring, adding  sophistication and luxury atmosphere. Private entry with security alarm. Separate male – female restrooms, plus unlimited parking available.

Please call for your private showing today! 941-952-3168.

Owner requires use of property every Tuesday and Thursday evenings 4pm-8pm.

Real Estate brokerage punts Michigan, lands in Sarasota

Press release: August 30, 2016 Business Observer.

An Ann Arbor, Mich. based realty firm has relocated to Longboat Key and taken on local partners.
McMullen Properties Inc., which provides commercial and residential brokerage services and property management, has taken on local brokers Peter Snyder, of Century 21 Dockside Realty Associates, and Patricia Sanders as part of its relocation. It has office on 408 Gulf of Mexico Drive, according to its website.

“We’re entrepreneurs and innovators, but we’re also a family business,” says owner Nick McMullen, who took control of the business in 2016 after 17 years of involvement. “We believe in our team and we intend to preserve and enhance our reputation for integrity and innovation through all our actions.”

The fourth-generation firm was founded in 1910, according to its website, and focuses primarily on providing property management services.

Snyder has been the broker of record at Century 21 Dockside since 1998, while Sanders is a fourth-generation Floridian who was worked for the past two decades with “some of Sarasota’s most prominent real estate companies,” according to a news release.
http://www.businessobserverfl.com/section/detail/real-estate-brokerage-punts-michigan-lands-in-sarasota/

Top 10 reasons McMullen Properties is becoming the leader in Sarasota’s Residential Leasing & Management industries:

Top 10 reasons McMullen Properties is becoming the leader in Sarasota’s Residential Leasing & Management industries:
1) Income to You: If you’re a REALTOR, take advantage of our highly recognized “realtor referral program”, or the “Lease to Own” option.
If you’re a HOME OWNER interested getting a strong return on your investment, CALL US TODAY.
2) Cost Effectiveness: Our competitive leasing & management fees keeps owner’s costs down.
3) Local Service: Our own employees combined with highly qualified local professionals creates a win-win.
4) Detailed Oriented: Quarterly inspections done on all properties, & routine maintenance programs.
5) Honesty & Integrity: We always do what is right, fair, and ethical.
6) Marketing Strategy: Our approach will consider traditional forms in conjunction with proven online strategies to capture the highest quality residents, quickly! Professional photography & virtual tours is also guaranteed.
7) Return on Investment: Occupancy equals income, when done in a timely manner & managed appropriately.
8) Innovation: Our advanced technology provides the tools (complete tenant screening, online payments, statements, & maintenance requests) to manage your properties efficiently & effectively, on any PC, laptop, or mobile device.
9) Experience: 100 years and a 4th generation family owned business built on integrity & innovation.
10) Dedicated to our Town: Our experienced professionals enjoy living here, and are focused on making your property a worthy investment.

Please call us Today to discuss how WE can help you with your Property Management needs.
To learn more, visit www.McMullenProperties.com

We Have 100 Years of Residential and Commercial Mangagement Experience

Our History
McMullen Properties core value is building relationships that stand the test of time. Over four generations, the McMullen family has created a legacy of service and committed to serving the needs of our clients in the real estate industry.

1910 – 1930’s
Pauline McMullen’s parents, Charles and Laura Brooks, began the business by breaking ground on many commercial buildings in the downtown area of Ann Arbor, Michigan. While Brooks became an integral part of the development in the community, McMullen began the family real estate tradition of managing these properties.

1940’s – 1960’s
John R. McMullen began as a home builder with numerous residential projects throughout the Ann Arbor area. He soon transitioned into land development and becoming owner of the area’s most prominent property management company. The most notable projects were the Westgate Shopping Center, followed by the St. Regis Hotel in Detroit, the Briarwood Hilton Inn, and the Briarwood Mall in Ann Arbor, Michigan.

1970’s – 1990’s
From the 1970s to the 1990s, John’s son Tom McMullen carried on the tradition of contributing to the community while providing vibrant residential and commercial developments. Over 1,000 units at the Pheasant Run & Valley Ranch Apartments were developed and managed by Tom, along with many commercial projects. He also developed, owned and managed the Best Western Wolverine Inn, 825 Victors Way, Atrium Office Center and the Eisenhower Commerce Center. With each project, the younger McMullen brought the motto “Clients Come First” to the forefront of the business.
As Tom continued to grow the company, his son Nick McMullen moved back from Chicago to work in the family business. As General Manager for the Valley Ranch Apartment Community, Nick learned quickly how to lease, manage and maintain a large luxury apartment community.

2000’s – 2016
From 2000 to 2016, Nick expanded his career into the construction industry, becoming project manager for numerous office buildings developed from the ground up. Shortly thereafter, Nick took over the entire General Contracting division, which developed the Valley Ranch Business Park, bringing their commercial portfolio to over 1 million square feet. After developing Valley Ranch, Nick transitioned to the role of VP of Operations for the company.
In 2013, Nick decided to open a marketing firm in Sarasota, Florida, while McMullen Properties was transitioning to sell its portfolio in Ann Arbor, Michigan.
During this time, McMullen recognized a significant need for quality commercial and residential leasing and property management in Sarasota. To provide this service, Nick decided to close Expo Marketing, Inc. and focus solely on real estate.
Today, McMullen Properties specializes in commercial and residential leasing and property management. The legacy of service at McMullen Properties continues to prove the family’s expertise as having the highest level of commitment and reliability.

Longboat Key officials brace for AquaPalooza | Longboat Key | Your Observer

AQUAPALOOZA! 

Town staff are reviewing a special event permit for the coming MarineMax Sarasota event.

by: Alex Mahadevan News Innovation Editor

UPDATE: As of Thursday, MarineMax Sarasota has received a permit from the town of Longboat Key for AquaPalooza.

It’s less than a week until a boat party planned for the sandbar near Jewfish Key is scheduled to set sail.

MarineMax Sarasota advertises AquaPalooza, slated for 10 a.m. Saturday, Aug. 13, as “the largest party on the water,” with “sunshine, great friends, live music and more!”

But it caught Longboat Key town staff and nearby residents by surprise.

On Monday, Assistant Town Manager Mike Hein sent a letter to MarineMax asking organizers to apply for a special event permit, since the waters around Jewfish Key falls within the Longboat’s boundaries. The correspondence came after Jewfish Key resident Nancy Nolin emailed Mayor Jack Duncan Monday.

“We wonder if they will inform their guests that Jewfish Key is a private island and to stay off the island,” Nolin said in the email.

According to the town code, event organizers must apply for a permit 30 days before a scheduled event. In Hein’s letter to MarineMax, he assured event planners that town staff would work to expedite processing a permit — but the first application staff received was incomplete.

“I’ve been informed that historically the town has worked with applicants with much shorter timelines to accommodate similar special events,” Hein said in an interview with the Longboat Observer.

The code also maintains that the town manager has the authority to consider whether to grant a permit based on 13 criteria, including whether the organizer provides for sanitation and public safety.

“We’re going to do everything we can to make sure our residents and visitors enjoy their quality of life,” Hein said.

Capt. Kathe Fannon, a fourth generation Cortez resident who runs a tour boat with her dog and first mate Pup Pup, said she’s concerned about the behavior of partygoers.

“They rape and pillage everything off of that sandbar,” she said. “You can’t find anything alive anymore.”

Further, she doesn’t believe any of the surrounding jurisdictions will have authority on the water to prevent illegal behavior.

“I go by there on weekends, and there’s actually naked people on their boats dancing,” Fannon said.

But two Longboat Key police officers will be stationed on the mainland of Jewfish Key to discourage trespassers, while two police boats will patrol the waters. And Police Chief Pete Cumming said he is coordinating with the Manatee County Sheriff’s Office and the U.S. Coast Guard for more vessels.

“I’m bringing all my people in,” he said. “We’re going to be out there in force.”

After receiving a message from a MarineMax spokeswoman and speaking to town staff, Nolin said her fears about the event have been largely tempered. The Facebook event now lists the sandbar  — instead of the main island —as the site of the party.

“As long as they get the word out that it’s not on Jewfish Key, I don’t have any concerns,” Nolin said. “Otherwise, I hope they have a good time and stay safe.”

Top 10 Reasons You Need a Property Manager

 

Top 10 Reasons You Need a Property Manager

You may think because you’re in the industry you don’t need help taking care of your rental investments. Think again.

 

Many aspiring landlords believe that owning rental property will be a dream come true. You get to sit back and collect the rent — automatically of course — while your tenants take the utmost care of your property and look after it as though it were their own. You retire to a beach in the Caribbean, and the tenant continues to occupy the property forever.

Unfortunately though, two or three months into it all, reality comes crashing in. Instead of rent being deposited directly into your account every month, there’s the tenant who refuses to pay. And there are the three o’clock-in-the-morning phone calls alerting you to the running toilet. And of course, there’s the daunting task of trying to keep the occupancy rate higher than the vacancy rate.

Before long, the dream of being a landlord is replaced with the words “How can I escape this nightmare?”

As a real estate professional, you’re already busy. While owning rental property can be a great way to generate an additional stream of income, it’s also time-consuming, and very much a hands-on job. According to some estimates, landlords can expect to spend about four hours a week managing a rental.

Fortunately though, there’s a solution: A property manager is a great way to make life as a landlord much easier. For many time-crunched agents and brokers, this is what makes owning a rental a possibility in the first place.

If you’re a landlord, or are considering investing in a rental property, here are ten reasons that you need a property manager.

1. No More Wake-Up Calls

There’s a problem at the rental, and as the landlord, it’s your job to fix it. With a property manager, you’ll be able to say goodbye to late-night emergencies. When a problem arises, the property manager will get the call and respond accordingly.

2. Turbocharged Tenant Sourcing and Screening

Property managers have access to a wealth of resources that enable them to find new tenants faster, helping you to keep those vacancy rates down. Not only that, but they’re also able to thoroughly screen tenants. They know what to look for and what questions to ask.

3. Regular Maintenance and Repair Help

With a property manager, you don’t have to be the on-call maintenance person/gardener/pool boy anymore. Your property manager will perform routine maintenance for you, preventing small issues from getting out of control. When repairs are in order, the property manager will show up on-site at the first sign of trouble. Since they deal with this type of thing all the time, they’ll also have a database chock full of vendors and contractors who do reputable work at fair prices.

4. Avoid Messy Legal Problems

Keeping up with landlord-tenant law can be tedious and quite costly if you’re not up to speed. New regulations are constantly coming into effect, and staying out of trouble depends upon your compliance with these laws. A professional property manager should be experienced with landlord-tenant law and able to navigate the various complexities to make sure you stay on the right side of it.

5. Get the Income Balance Right on Your Properties

According to Rent.com’s 2014 Property Owner and Manager Report, 85 percent of property managers reported raising their rental rates in 2013. An experienced property manager who knows the market is familiar with that sweet spot: the amount of money that you can realistically charge without risking longer vacancy rates.

6. Keep an Eye on Your Property Without Having to Watch It

Whether you’re a long-distance landlord or just down the block, keeping a close watch on your property is important. Having a property manager means that your home will be checked on routinely. This is especially important during vacancies, as empty properties are prime targets for vandals. A property manager will be able to keep the property well-maintained, giving it a lived-in, occupied appearance.

7. Stop Being the Bad Guy

As landlord, it’s your job to enforce the terms of the lease. Unfortunately though, this is easier said than done. When a tenant brings in one too many dogs or there’s an issue with smoking indoors, things can get ugly. With a property manager, you don’t have to show up and try to reason with the tenant who’s arguing the merits of turning backyard trees into firewood. Instead, let your property manager handle it.

8. Never Hear “The Check’s in the Mail” Again

The check is always in the mail! As a property owner, you depend on the rent arriving each month on time. When this doesn’t happen, there’s often a tremendous amount of time and effort involved with tracking down the rent. Letting late rent slide can create a situation where the tenant is able to live in your property rent-free, for as long as it takes to evict them. A property manager will be your no-nonsense rent collector and will take immediate action if the rent is late. They’ll document all steps taken and remain in compliance with the law.

9. No More Dreaded Evictions

Evictions are the bane of every landlord, and understandably so. There’s a tremendous amount of red tape surrounding the lawful eviction process, and no, changing the locks while the tenant’s out just isn’t an option. A good property manager is on the ball and able to handle evictions for you — quickly, efficiently, and in compliance with state code and regulations.

10. Have the Freedom to Invest in Better Housing Markets

Finally, property managers make life easier — so much easier, in fact that you may be tempted to get yourself a few more rental properties. With a property manager, you’ll even be able to invest in properties that are out of town; since you won’t be managing them yourself, it won’t matter where you invest. This allows you to take advantage of more affordable or growing housing markets.

Owning rental property can be a great investment. But, as you can see, having a property manager can make your life so much easier. If you own rentals, but are feeling overwhelmed, do yourself a favor and look into getting a property manager to take some of the load off. You won’t regret it! Go to our website at http:// www.mcmullenproperties.com