- REAL Exclusive Magazine - https://getrealexclusive.com -

Property Selected For Movie “PALMETTO” Sets Sales Record On Casey Key

sugar-bay-estate-1538-north-casey-key-road-osprey-florida-exterior [1]$6.2M Sale Of Sugar Bay Estate Highest On Casey Key Since 2007.

Signature Sotheby’s International Realty’s Joel Schemmel and his team at The Schemmel Property Group (Schemmel, Kathleen Ucci and Sharon Chiodi) recently closed a $6.2 million sale on Casey Key.
sugar-bay-estate-1538-north-casey-key-road-osprey-florida-exterior [1]The property is located at 1538 North Casey Key Road in Osprey. Nicole Hammons-Dovgopolyi of Michael Saunders & Company represented the buyer. According to the Mid-Florida Regional MLS, the residence, known as “Sugar Bay Estate”, is the highest sale on Casey Key since February 2007.

Often referred to as one of Sarasota County’s Marquee properties, in 1998 Hollywood sought it out as the leading location for the movie “Palmetto” starring Woody Harrelson and Elizabeth Shue. The home sits on 2+ acres stretching from the Gulf of Mexico to the Intra-Coastal Waterway. The entire façade and interior of the home is constructed of “fossilized coral stone” mined from a private quarry and shipped to Casey Key. Stonemasons spent over three years working on the home, which contains many other custom stone carvings and features. The estate includes an elaborate main home, dock/guest house, enormous patios, a tennis court and an incredible stone fountain/pool area.

1538-north-casey-key-road-osprey-florida-gulf-of-mexico-sunset-view-sugar-bay-estate [2]“Particularly in today’s economic environment, homes of this caliber require a unique, dynamic and comprehensive marketing strategy along with the ability to consistently communicate market activity and pricing trends to both sellers and buyers”, says Schemmel. “The Sotheby’s International Realty network provided the platform to market this estate not only locally but nationally and internationally as well.”

Share [3]