Longboat Key Real Estate is Improving

As the national real estate market improves, Longboat Key real estate is improving too. In the last six months, the Sarasota MLS reports that 148 condominiums, town houses and villas have sold. Pending condo sales stand at 48. Single family homes sales have seen activity in the last six months too with over 35 sales. The lowest sale was a $315,000 home on St. Jude Drive and the most expensive sale was a five bedroom house and bayfront estate which sold for $4,000,000.

The Sarasota MLS reports a great selection of real estate available at prices much lower than the peak years of 2005 and 2006. Prices similar to 2003 and 2004 are helping buyers purchase homes at reduced prices. Low interest rates are still available and the selection remains outstanding on this popular manicured Key.

Longboat Key is a popular destination location for vacationers, baby boomers looking for retirement condos and homes on Longboat Key as well as second home buyers.  The many waterfront activities along with going and tennis are attractive to home purchasers and well as the amenities offer by this coastal resort area on the Gulf of Mexico.

If you’ve been looking for Longboat Key real estate and want to take advantage of the price reductions, give us a call. We’ll open doors to Longboat Key homes and condos that might work for you!

Longboat Key Homes for Sale - Update

The Sarasota MLS currently list 159 single family homes for sale on Longboat Key compared to over 190 homes for sale on one of its neighboring barrier islands of Siesta Key.  In our October Longboat Key sales report, there were 151 single family homes for sale.

Canal lots feature water views, and greenbelt lots provide sweeping views of golf course fairways or Florida tropical foliage. Beach cottages and ranch style homes are found on streets where luxurious new homes have been constructed while older homes have been gutted and remodeled.  Country Club Shores and Bay Isles showcase many of these newer homes.

At night, the lights of downtown Sarasota, Florida twinkle in the distance from the Longboat Key Bayfront. The inventory of Longboat key homes for sale is excellent and prices have continued to adjust providingbuyers the opportunity to purchase at homes from $179,900 to $13,000,000

Longboat Key Home Sales Data:

• Single Family Homes for sale: 159
• Least Expensive Home: $179,900
• Most Expensive Home: $13,000,000
• Homes Under Contract: 19
• Single Family Homes Sold Last Six Months: 19

Residents of Longboat Key participate in many activities: the beach, golf, tennis, swimming and boating. The opera, ballet or theater are a short drive from Longboat Key and adds to this resort lifestyle. Downtown galleries of Palm Avenue are also popular with the residents of Longboat Key

And don't forgetSt. Armands Circle, the closest shopping area for residents of Longboat Key.  Trendy restaurants around the Circle a frequented by visitors from around the world.  The area’s extensive specialty shops are always busy with residents of Longboat Key as well as Sarasota's International visitors.

If you are searching for a home on Longboat Key or perhaps real estate in Sarasota Florida's barrier island of Siesta Key, Casey Key or Bird Key, contact Annette Smith. Annette shows luxury waterfront homes as well as golf course properties.

Longboat Key Homes for Sale

Longboat Key real estate stats in the Sarasota MLS show 151 single family homes listed for sale on this tropical manicured Key compared to over 400 on neighboring Siesta Key to the south.

Longboat Key homes for sale are found on canals a greenbelt lots featuring water views, golf course fairways or tropical foliage. Tiny beach cottages, ranch style homes are found throughout neighborhoods where luxurious newer homes have been constructed in subdivisions such as Country Club Shores and Bay Isles. Canals in Bay Isles and Country Club Shores wind to the Bay providing direct access to the Gulf of Mexico. Some of homes on Longboat Key have full Bay views and incredible views of the mainland. At night, you can see the sparkling lights of downtown Sarasota, Florida. The inventory of Longboat key homes for sale is excellent and prices range from $145,000 to $9,995,000 for single family homes on this barrier island.

Longboat Key Home Activity Update:

• Single Family Homes for sale: 151
• Least Expensive Home: $145,000
• Most Expensive Home: $9,995,000
• Homes Under Contract: 21
• Single Family Homes Sold Last Six Months: 35

Residents of Longboat Key enjoy the beach, golf, tennis, swimming and boating. A short drive to downtown Sarasota for the opera, ballet or theater adds to this resort lifestyle. Galleries of Palm Avenue are also frequented by residents of Longboat Key

St. Armands Circle, of course, is the closest shopping area for residents of Longboat Key where they enjoy the popular restaurants around the Circle or browse the area’s extensive specialty shops.
If you are searching for a home on Longboat Key or perhaps real estate on Casey Key, Siesta Key or Bird Key, contact John Allen at 941-544-6467. John shows luxury waterfront homes on all Sarasota’s barrier islands.

Longboat Key Homes from $700,000-$800,000

Longboat Key homes from $700,000-$800,000 have shown some activity in the last six months. It's still possible to see a nice selection of houses in this price range in the best subdivisions on the Key. Many of these homes are on canals winding to the open waters of Sarasota Bay.

In our last update on Longboat Key homes from $700,000-$800,000, the Sarasota MLS reported 11 homes available for sale in this price range. Currently there are 10 homes on the market. Six houses are under contract and in the last six months, five homes have sold at prices ranging from $725,000 to $735,000.

Hot Subdivisions:

Country Club Shores

Bay Isles
Long Beach

If you need more information about Longboat Key homes for sale, contact us by telephone or email to schedule an appointment to view Longboat Key real estate. We regularly show condominiums on Longboat Key too.

What's Available in Longboat Key Homes for $1-2 Million?

In January, if you were search for dream homes on Longboat Key in the $1,000,000-$2,000,000 price range, there were 45 homes available for sale. Currently the Sarasota MLS reports 53 homes for sale in that price range. The barrier islands of Sarasota always get premium prices as they are all about the water and the sensational views of the Gulf of Mexico and Sarasota Bay.

Inventory on Longboat Key is still high and the selection is wonderful but it won't last forever. As the economy improves, buyers get nervous and step into the search mode. Excellent Longboat Key neighborhoods like Country Club Shores and Bay Isles provide resort lifestyles searched by discriminating buyers. Some homes are on canals and others possibly have golf course views. Longboat Key has an array of choice from gated to non-gated communities.

Homes on Longboat Key available for purchase in the $1,000,000-$2,000,000 price range are sprinkled throughout the island. There are listings in Country Club Shores, Sleepy Lagoon, Dream Island and Bay Isles. Deep water canals of Country Club Shores and Bay Isles are popular with owners of large yachts and sailboats.

If you need more information about Longboat Key real estate for sale, contact Annette Smith at 941-504-3922. We show homes for sale on Longboat Key regularly.

Bay Isles Homes for Sale on Longboat Key

Bay Isles homes on Longboat Key are located behind two guarded gates. One gate is at the south end of Longboat Key where communities such as Emerald Point and Fairway Bay are tucked into tropical enclaves around sparkling lagoons and lush fairways. The North Gate is located just past the Publix shopping plaza. Behind the North Gate of Bay Isles, enclaves of canalfront homes, villas and condos complete this resort-style Longboat Key community. Bay Isles Beach Club is available to residents as well as tennis courts, golf course, walking trails and a marina.

Homes in Bay Isles feature manicured laws and exquisite tropical landscaping enhancing this prestigious community.

Homeowners of Bay Isles homes on Longboat Key shop and dine at nearby St. Armands Circle, fish, walk the winding trail of Bay Isles, relax on Longboat Key beach or read a book by their sparkling pool. Deep water canals with access to Sarasota Bay and the Gulf of Mexico are found behind many of the homes listed in the Sarasota MLS.

Currently the Sarasota MLS reports 25 single family homes for sale in Bay Isles with prices ranging from $599,000 to $5,950,000. Maybe you’d like a townhouse, condo or a villa. You can search these properties on Longboat Key too.

Condo Suggestion in Bay Isles:

Winding Oaks
Fairway Bay
Grand Bay

If you are interested viewing any listings of Bay Isles waterfront homes, contact Annette Smith ata 941-504-3922 or search our main websites to view all Longboat Key homes and condos in Bay Isles listed in the Sarasota MLS.

Longboat Key Million Dollar Homes & Condos

Longboat Key Florida Million Dollar Homes

In August 2008, we posted an article on Longboat Key homes and condos selling for under a million dollars. Short sales and foreclosures have brought prices down over the last few years so we're posting an update to our last million dollar article. The barrier islands still command high prices and many buyers are not ready to purchase until they get the deal of the century, but Longboat Key homes and condos are selling. The best properties always go first so sometimes, you snooze, you lose. Once again, you don't have to buy a short sale or a foreclosure on Longboat Key to get a deal. Write an offer and plan on your Sarasota real estate agent negotiating a very good price for you. In this buyers' market, with huge inventory levels, buyers have the unusual opportunity to move to the next property if a seller won't budge on price!

The Mid-Florida Regional MLS has listings of over 60 single family homes on Longboat Key. If you've been dreaming of a home on Longboat Key, start your search!

Lowest Price Single Family Homes Under $1 Million:

Country Club Shores: 2 bedrooms, 2 baths -- $364,900
Bay Isles: 2 bedrooms, 2 baths -- $599,000
Conrad Beach: 3 bedrooms, 2 baths -- $365,000
Emerald Harbor - 3 bedrooms, 2 baths -- $799,000

Under $1 Million Condos

Seaplace: 2 bedrooms, 2 baths -- $349,000
Fairway Bay: 2 bedrooms, 2 baths -- $379,000
Islander Club: 2 bedrooms, 2 baths -- $449,000
Beaches: 3 bedrooms, 3 baths -- $499,000
Sanctuary: 3 bedrooms, 2 1/2 baths -- $849,000
Grand Bay: 2 bedrooms, 2 baths -- $729,000

According to some reports, properties in the Sarasota area may have reached 2002 price levels. For more information on Sarasota FL real estate, visit our main website and search for homes or condos on Longboat Key.


Plan your trip to purchase a Longboat Key million dollar home or condo soon. Contact Annette Smith at 941-504-3922 or send an email. We answer phone calls and emails quickly.

Recent Longboat Key Homes Sold in Sarasota MLS

From Sarasota MLS Records, Longboat Key Homes Sold

Searching the Sarasota MLS for some comparable properties for a customer, I noted some recent sales transactions on Longboat Key. All transactions closed in 2009.



Sales Price: $485,000, 611 Saint Jude Drive, Square Feet: 2996; Built in 2007; Last Sale Date: May 2005 for $289,000

Sales Price: $625,000, 7180 Gulf of Mexico Drive, Long Beach Unit 131; Square Feet: 2528; Built in 1997; Last Sale Date: April 2004 for $550,000


Sales Price: $610,000, 741 Old Compass Rd, Emerald Harbor; Square Feet: 1926; Built in 1969

Sales Price: $690,000, 3370 Gulf of Mexico Drive; Square Feet: 3552; Built in: 1997

These sales can be found in the Sarasota and Manatee public records. For more Sarasota MLS properties for sale or information on Longboat Key homes and condos, click to our main website. Annette Smith markets Sarasota's finest waterfront and country club homes.

Longboat Key Homes from $1,000,000-$2,000,000

Searching for your dream home on Longboat Key? Search in the price range of $1,000,000-$2,000,000 to find luxury waterfront homes that might fit your parameters. Sarasota's barrier islands command premium prices compared to mainland Sarasota so expect to pay these prices for a home on the water with any kind of view. Inventory is still high so there's quite a selection. Neighborhoods such as Country Club Shores and Bay Isles offer an array of properties on canals or possibly golf course just waiting for you to view.

The Mid-FL Regional MLS reports 45 homes on Longboat Key available for purchase in the $1,000,000-$2,000,000 price range. There's a listing in Country Club Shores for just over $1 million with 3 bedrooms and 3 baths with views of the Bay. You can also visit a listing in Bay Isles if you need more space. This Longboat Key home is priced at almost $2 million, is on deep water with access to Sarasota Bay.

If you need more information about Longboat Key real estate for sale, contact Annette Smith at 941-504-3922 to schedule an appointment to view homes.

Longboat Key Homes from $700,000-$800,000

Yes, it's possibly to find a great house on Longboat Key from $700,000 to $800,000. I get as excited as the buyers now because there are plenty of homes to show. Sifting through the inventory can be a challenge sometimes but the homes are there. Stick with your search on our auto system and if you are a "real" buyer, you'll find your Longboat Key real estate.

The Mid-FL Regional MLS reports 11 homes available on Longboat Key in the $700,000-$800,000 price range.

Hot Subdivisions:

Country Club Shores
Bay Isles
Long Beach


If you need more information about Longboat Key homes for sale, contact Annette Smith at 941-504-3922 to schedule an appointment to view homes.