Longboat Key, FL Real Estate:

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Longboat Key Real Estate

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Situated between Sarasota and Manatee County, Longboat Key is a quiet offshore barrier island retreat stretching for twelve luminous miles between the waters of the Gulf of Mexico and Sarasota Bay.  Running approximately north to south and enclosing the western boundary of Sarasota Bay, the Gulf of Mexico Drive runs the length of the island, with smaller roads branching off into secluded neighborhoods. Longboat Key provides ideal oceanfront and beach settings for a tropical Florida lifestyle. As Longboat is a private island, and its beaches and attractions have extremely limited parking, the island is spared the general hustle and bustle of the larger public beaches, leaving the expanses of sand in relative privacy and seclusion, while only being a few minutes away from downtown Sarasota.

The dense paradise of mangroves and coves of the island is an ideal area for wildlife; the waters are home to manatee, dolphins, and diverse species of fish, while the miles of light shady beach coastlines shelter a variety of shorebirds, including ospreys and pelicans. In some places, one can see both Sarasota Bay and the Gulf of Mexico at the same time, and all residential areas are connected to the water by either the Gulf, the Bay, or canals. A world-renowned marine research center, the Mote Marine Laboratory & Aquarium, is located at the south end of Longboat Key. The aquarium offers a mesmerizing array of aquatic life for viewing. The 30-foot Touch Tank and 350,000-gallon Shark tank offer visitors a first-hand look at a variety of shark species, fish and marine life.

Longboat Key Real Estate Summary:

Longboat Key Real Estate has a clean resort feel with all of the manicured developments including the luxurious Longboat Key club.  Real estate prices range from $350,000 2 BR condominiums to luxurious beach front estates of over 1-2 acres in size priced upwards of $15,000,000.  There are many affordable canal front properties with private docks for your boating pleasure starting in the $600's.  Longboat key is recognized as one of the most beautiful islands in Sarasota and Manatee Counties.

Longboat Key draws retirees, foreigners and entrepreneurs with its resort living, affordable prices and ample amenities. It’s not as secluded as other Florida keys, but it still allows for the laid back Florida lifestyle with its beautiful beaches.
 
Longboat Key real estate is one of Florida’s most valuable treasures. Just off the coast of Sarasota, this 11-mile-long tropical paradise sits amid the warm waters of Sarasota Bay and the Gulf of Mexico. The population is comprised of 7,400 people, including working professionals, second homeowners and retirees. Fishermen enjoy some of the best stocks of redfish, Spanish mackerels, kingfish, bonitos, cobias, barracudas, sharks, groupers, mangrove snappers, flounders, pinfish, trout, ladyfish, bluefish and jack crevalle. Beach access points and free limited parking can be found at Longview Drive, Westfield Street, Mayfield Street and Neptune Avenue.
 
A number of international visitors prefer Longboat Key because of the many amenities along Gulf of Mexico Drive, a thoroughfare first imagined by circus magnate John Ringling in 1925. This picturesque, landscaped boulevard runs the full length of the barrier island and whisks motorists past magnificent homes, modern condominiums, natural park-like settings and subtle shopping plazas with upscale boutiques and one-of-a-kind dining establishments. Of course, we mustn’t forget about the island’s gem: the Longboat Key Club, where guests enjoy two championship golf courses, tennis courts, swimming pools, a spa and other prestigious resort features. Even though there are many tourists flocking in Longboat Key real estate, the integrity of the island is still preserved. Billboards and neon signs are absent, shopping malls are carefully obscured by foliage and dazzling architecture, and the high-rises are tucked away on private, gated and landscaped properties.    
 
Buyers viewing Longboat Key real estate will see high-rise, maintenance-free condos, tiny beach bungalows, golf course properties and private waterfront estates. Architectural styles range from bohemian finishes and Modern masterpieces to Spanish tiled rooftops and Mediterranean style estates. Many residents are drawn here by the comparatively reasonable prices that allow them a piece of paradise for a fraction of the price. Lifestyle is very important and anyone living here knows that it’s hard to put a price tag on serene sands, tropical breezes and a laidback lifestyle.  According to research statistics of Longboat Key real estate on Trulia.com, the average list price is $1.18 million, but the average sales price is just $461,500, a 17.2% decrease from last year. Even so, houses are selling well here, 24% more than last year, and the appreciation value on these residences is still very good. Some of the most popular zip codes include: 34202 (average list price of $655,452), 34212 (average list price of $399,199), 34209 (average list price of $337,372), 34203 (average list price of $203,808) and 34228 (average list price of $1,186,530). Prospective buyers will be looking at a pool of 499 resale and new homes in Longboat Key.