Sarasota Real Estate Housing Market Options in Longboat Key

Longboat Key has an estimated 8,000 permanent residents, which usually rises to around 20,000 or more during the peak holiday season. Many go here to bask in the sun, enjoy outdoor recreation activities, and shop around for single-family homes and condos.

The southwestern Florida city of Sarasota is considered by many to be one of the most lovely mid-sized cities in the US. The place offers a healthy mix of an urban and tropical vacation destination feel.

The city''s barrier islands are home to one of the loveliest and most pristine white-sand beaches in the country, and also offers a wide array of vacation homes and other real estate options for prospective residents. Longboat Key is one the city''s islands, and is also a popular place for tourists. The area''s property market choices are filled with Gulf-front homes, estates and condominiums, which area mostly luxurious and elegant residences that command a higher selling price. There are some fabulous neighborhoods on this key, with homes for sale that offer stunning canal or bay views.

Housing Options In Longboat Key''s Districts

According to local Multiple Listing Services (MLS) figures, as of February 2008, 112 condo units in this area were sold, with prices ranging from $400,000 to $4,450,000, but excluder time-share units.

On the key''s many districts, Area 11, which includes Sleepy Lagoon, Long Beach, Conrad Beach, the housing inventory includes a spacious cottage-style bungalows for around $895,000, with lots going over 15,000 sq.ft. On Longboat Key Club, the home inventory includes a $3,600,000 house, which was recently remodeled and has beach access behind the gates of the elegant Key Club.

Area 13, which includes Hideaway Bay, Sleepy Lagoon, Lands End, Dream Island, Emerald Harbor, Bayview Acres, have homes that are priced at $775,000 and above. On Area 15, the home inventory also features a Addison-Mizer style custom residence, which is priced at $6,900,000 in Bay Isles. This unique home was built in 2006 by a famous local builder, Bruce Saba.

The Market Here Caters Mostly To Condo Or Single-Family Home Buyers

According to area real estate brokers and consultants, most of Longboat Key''s land area is generally occupied by either single family homes or condominium units. Most of the condominium associations in this vicinity co-own common elements which make up of the facilities'' swimming pools, tennis courts, and sites with water views and access to beaches.

According to housing analysts, almost the entire land area of Longboat Key is now occupied, and the remaining older, singly-owned houses which are generally 45 years old. Longboat Key''s architectural styles are considered to be eclectic, which usually range from classic Florida and Spanish Mediterranean designs, to modern, contemporary estates. In a lot of areas here, much older, early 20th-century estates are now either being renovated, restored or demolished and replaced with more elegant mansions and estates.

Longboat Key has an estimated 8,000 permanent residents, which usually rises to around 20,000 or more during the peak holiday season. Many go here to bask in the sun, enjoy outdoor recreation activities, and shop around for single-family homes and condos. The lovely island also a complete array of shopping destinations, restaurants and food stores, banks, apparel shops and fashion boutiques, sports facilities, spas and gas stations.

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