Longboat Key, Florida | July 3rd, 2018 – Recent house sales and market listings with record-high price tags are on Longboat Key, underscoring the town’s stature as a territory of luxury real estate typically priced from $1 million and over.
Nevertheless, market activity on Longboat Key at easier price ranges also appears vibrant, specifically on the $450,000‒$600,000 market bracket. MLS records indicate that out of the 355 single family residences and condos sold on Longboat Key during the first six months of 2018, roughly one-third fall under this price range. Sellers on this price level are notably getting quick results on their listings as seen in a condo sold at Seaplace after just eight days of its listing on the market.
Encouraging for prospective buyers seeking for the best property values in the island, Longboat’s sales listings at the $400s‒$600s price points remain healthy and with new ones recently added. Some of the hotspots for residences priced at these levels include Inn on the Beach, Bay Harbour and Harbour Villa Club, all of which are condo-type developments.
Tips at Historic Village
The most promising area to watch for prospective buyers of single family residences though would be the historic Longbeach Village at the northern end of Longboat Key. Recorded as the first settlement on the island, this charming community is where prospective buyers of Longboat Key homes for sale can be captivated not only by condo choices but also some 1930s vintage residences.
Amazing finds at Longbeach Village can likewise include houses built in the 1960s up to the 1990s. The asking price for an early 1970s Key West style, 1,800-square-foot home in this village could be quoted upwards of the $500s.
Magnets to Buyers
Life is relatively more laid-back in Longbeach Village’s locality compared with the southern part of Longboat Key. One of the popular spots in this area is Greer Island Park also known as Beer Can Island or Hooked Spit located at Longboat’s northern tip near the Longboat Pass drawbridge.
This park is noted for its white sand beach formed by tidal currents, and its beautiful undeveloped shoreline offers a unique experience to visitors. It is mostly accessible by boat, but is also accessible to visitors on foot during low tide.
Longbeach Village is also home to the quaint Mar Vista Dockside Restaurant and Pub where diners are treated to fresh seafood and remarkable views of Sarasota Bay. Another dining venue, the 185-seat restaurant The Shore is set to open too in Longbeach in October, occupying former site of an old-and-gone favorite, the Moore’s Stone Crab Restaurant. Another dining choice near Longbeach is The Bayou Tavern at the strip mall Whitney Beach Plaza off Gulf of Mexico Drive.
What’s also great about Longbeach Village is that prospective buyers will find it a close-knit community united as one in seeking to preserve its historic heritage and old Florida character. Working along this line are two homeowners’ groups—the Longbeach Village Association and The North End Property Owners Coalition—both of which also push for a healthy real estate market in all of Longboat Key.