What Will a Million Buy on Longboat Key Florida?Yes, Sarasota FL real estate is experiencing a buyer's market. Does that mean that prices have crumbled and people are giving properties to buyers. Well there are some desperate owners who have caved into the pressure of this real estate market. For one reason or another, these sellers have sold their homes for less than what they owe ("short sale") or the lending institutions has foreclosed the home. There are also properties that are very good buys even though they don't seem to be what most buyers call a "deal." You don't have to buy a short sale or a foreclosure on Longboat Key or Sarasota to get a deal!
The Mid-Florida Regional MLS has listings of over 70 single family homes on Longboat Key. There's quite a range of available properties for someone who has been dreaming of living on Longboat Key.
Under $1 Million Single Family Homes:
Country Club Shores: 2 bedrooms, 2 baths -- $375,000
Bayview Estates: 2 bedrooms, 2 baths -- $450,000
Bay Isles: 2 bedrooms, 2 baths -- $659,000
Conrad Beach: 2 bedrooms, 2 baths -- $849,000
Emerald Harbor - 3 bedrooms, 2 1/2 baths -- $950,000
Under $1 Million Condos
Seaplace: 2 bedrooms, 2 baths -- $499,900
Fairway Bay: 2 bedrooms, 2 baths -- $538,000
Islander Club: 2 bedrooms, 2 baths -- $595,000
Beaches: 2 bedrooms, 2 baths -- $639,000
Sanctuary: 2 bedrooms, 2 1/2 baths -- $940,000
Grand Bay: 3 bedrooms, 3 1/2 baths -- $995,500
Properties have come down considerably since the highs of 2005 and 2006. Prices are similarly to prices of 2003 and 2004. For more information on on Sarasota FL real estate, visit our main website and search for homes or condos on Longboat Key.
No comments:
Post a Comment