Wednesday, May 27, 2009

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.

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