Longboat Key Real Estate Update - August 2009

Longboat Key real estate ranges from tiny beach cottages, ranch style homes to luxurious newer highrise condominiums on both the Gulf of Mexico and the shores of Sarasota Bay. Many Longboat Key homes in neighborhoods such as Country Club Shores and Bay Isles are located on canals that wind to the Bay providing direct access to the Gulf of Mexico. Some of the properties on Longboat Key have full Bay views and fabulous vistas of the mainland and the lights of Sarasota, Florida sparkle at night. Longboat Key’s real estate inventory is excellent and prices range from $269,000 to $15,000,000 for single family homes on this “hot” destination Key. Longboat Key real estate data in the Sarasota MLS system shows 159 single family homes listed for sale on this tropical manicured Key compared to over 400 on neighboring Siesta Key.

When not enjoying the beach, residents of Longboat Key drive to downtown Sarasota for the opera, ballet or theater. Galleries of Palm Avenue are relaxing on a rainy day or just any day for that matter. Stroll down Main Street in Sarasota and visit specialty shops or walk to the Sarasota Bayfront and snap some shots of Dolphin Fountain.
St. Armands Circle is a great place to wander. Cross over to the center of the Circle and learn about Sarasota’s circus heritage. Enjoy the statures of Ringling greatness positioned beautifully as you make your way to a popular restaurant for a leisurely lunch. If dinner is on the agenda later in the evening, St. Armands has many fine restaurants or stay on Longboat Key and enjoy sipping wine as another extraordinary day ends in Paradise.

Longboat Key Real Estate Update:

Single Family Homes:

• Least Expensive Home: $179,900
• Most Expensive Home: $9,995,000
• Homes Under Contract: 17
• Single Family Homes Sold Last Six Months: 38

Condos (Including Townhouses & Villas)

• Least Expensive Condo: $155,000
• Most Expensive Condo: $5,000,000
• Condos Under Contract: 48
• Condos Sold Last Six Months: 132

If you are searching for a home or real estate on Longboat Key, Siesta Key or Casey Key, contact John Allen at 941-544-6467. John shows Longboat Key real estate as well as all of Sarasota’s other barrier islands. He has the experience in waterfront properties necessary to guide you to a quick closing. If you are considering a purchase on Longboat Key's neighbor to the south, head over to our recent Siesta Key real estate market post to get an overview of the market. If you would like to make an appointment to view homes or condos on Siesta Key or Longboat Key, please give us contact us today to set up an appointment.

The Sanctuary: Longboat Key Condos on the Beach

Behind the gates of the Longboat Key Club, you will find the prestigious Longboat Key condos at Sanctuary. Entering the gates, a guard will direct your visitors to your new home. The grounds of the Longboat Key Club are meticulously maintained and residents view wildlife from the golf course to the Gulf.





Longboat Key FL is located approximately 90 minutes from Tampa International Airport. Take the Fruitville Road Exit into Sarasota. Turn left (South) on Hwy 41, turn right at Ringling, head to St. Armands Circle and make the first turn in the Circle and continue to Longboat Key. The Longboat Key Club entrance will be on your left at the traffic light after the Chart House restaurant. Pass the guard gate, you can't miss the towering luxury high-rise condos of the Longboat Key Club.


Sanctuary is located right on Longboat Key Beach. The Sarasota MLS currently lists 8 Longboat Key condos for sale at the Sanctuary Longboat Key. Prices range from $1,495,000 for a 3 bedroom, 3 bath apartment with 2,590 sq.ft. to $3,250,000 for a 3,115 sq.ft unit.
Amenities at Sanctuary include guard gated, heated pull, elevators, fitness. Pets are permitted at Sanctuary.


Residents leave their Longboat Key condos and drive to St. Armands Circle where shopping and dining are close by or just dine at the Club House. Meet your neighbors while on the golf course for a round of golf or enjoy a game of tennis. Walk on the beach and see the dolphins playing in the Gulf every day. If you want a dose of culture, take a short drive to Sarasota's many venues.
Call us about Longboat Key condos or check our websites for information, photos on condo listings in all Sarasota. If laid-back Siesta Key is more your style and you want a new condo on the beach, Siesta Key could be an option instead of manicured Longboat Key. Visit our blogs to find out what's happening on the barrier islands. We cover all Sarasota lifestyles!

Longboat Key Real Estate Market Update

Below is a brief summary of real estate data for the home and condos market on Longboat Key Florida. Information is current as of November 13, 2008.

October 2008 Data*

Condos
Current Active Listings - 364
Highest priced Listing: $5,000,000
Currently Under Contract - 15
October Sales - 13

Single Family Homes
Current Active Listings - 176
Highest priced Listing: $12,000,000
Currently Under Contract - 14
October Sales - 5

2008 Year to Date Data*

Condos
Highest Sale Price: $3,300,000
Year to Date Sales - 178
Average List price: $921,742
Average Sales price: $819,223 (89%)

Single Family Homes
Highest Sale Price: $5,000,000
Year to Date Sales - 89
Average List price: $1,485,064
Average Sales price: $1,284,913 (88%)

*All data is deemed reliable, but is not guaranteed.

If you have any specific requests for Longboat Key real estate data or statistics, leave a post here or shoot me an email. Our main website allows you to view detailed information and photos of all Longboat Key condos and homes for sale.

Luxurious Longboat Key Living at La Firenza

Longboat Key Florida offers a myriad of lifestyle options. For those who want to indulge in a luxurious, carefree, resort-style beachfront home, then welcome to La Firenza. The developmnent features two gorgeous buildings with five units each. Each unit has its own two to three car garage. Garges occupy the first floor and are available for residents along with ample guest parking around the buildings. The north and south building's third floor penthouses, are the largest units with an enormous terrace and totaling 7,815 square feet each. The other two floors average 4,400 square feet, inclusive of the terrace. With a multitude of windows and terraces in each unit, residents will have amazing views through out the entire home.

La Firenza has many wonderful amenities. Owners relax in their resort-quality heated pool and spa, and take advantage of their clubhouse which includes a fitness center, social room, 24 hour security, 350 lineal feet beach frontage and caterer's kitchen. Either around the lavish pool or on private terraces, entertaining guests will always be memorable and fabulous. The best and most unique part about La Firenza on Longboat Key is that residents enjoy this prestigious and intimate setting with only 9 other neighbors. This is truly a private and tranquil sanctuary

Positano on Longboat Key - An Oasis of Sheer Splendor

Gorgeous Mediterranean style Condominium, private grandeur terraces, and romantic gulf front vistas are just a few reasons to consider Positano on the Gulf. Indulge in the ultimate maintenance-free living while embracing this oasis of sheer splendor. Residences blend indoor and outdoor living. As a perfectly situated Longboat Key condo, Positano is just a bridge away from Sarasota's eclectic downtown setting. Enjoy this private and luxurious residence away the city commotions, while still only minutes away from Sarasota's fine dining, shopping, arts and entertainment.

Comprised of five exquisite and opulent buildings, Positano occupies over 9 acres of plush landscaping, enveloped by charming and refreshing amenities. At this private beach club, residents take advantage of their tranquil 750 lineal feet of gulf beachfront. As an alternative to the beach, owners indulge in the 75 foot junior Olympic sized lap pool and unwind on the lavish pool deck or in the cabanas. As an added convenience, residents can take advantage of the outdoor gas grills during social gatherings around the deck. Other fabulous amenities include a well-equipped fitness center, spa and shower at the Beach Club. A community room with a media center and bar is also available for your entertainment pleasures. With a 24-hour attended gatehouse and security, owners feel safe and protected in the comfort of their beach front homes.

Come and savor the awe-inspiring views of the Positano Longboat Key. Our website features additional information and all current MLS listings available.