Entries by DomresRealEstate

Peninsula waterfront estate on McNeil Point heads to auction

A peninsula waterfront estate in Bradenton along the Manatee River will be sold at auction with a starting bid of $2 million. The home, located at 5904 Riverview Ln., was previously listed at $5.19 million. Interluxe Auctions is launching the sale at 9 a.m. on March 20 on Interluxe.com. The 0.92-acre property is in the Bradley Shores neighborhood and has 272 degrees of panoramic views. It sits at the end of a private lane off Riverview Boulevard on McNeil Point. The property is being auctioned…

Tampa Bay rents continue to rise above national average

Rents nationwide are starting to level out, according to a new report from the real estate company Redfin. Still, Tampa Bay residents won’t catch that break as rents continue to rise locally. The national median rent is up just under 2%, which the company said was the smallest increase since May 2021. High housing costs, inflation, recession fears and a slowdown in household formation have made people less likely to move, hindering the demand for new leases. The report shows that rent, while…