Sarasota Market Update - July 2023

longboat key, FL realtor - Bruce Myer - Sarasota Market Update July 2023

 


longboat key, FL real estate agent - Bruce Myer - Sarasota Market Update July 2023

It’s high summer in Sarasota, but don’t believe our real estate market has gone cold. Sarasota is the #2 market in the country for relocations and the options of where to locate can be overwhelming. What is it about the location that makes it so vital to real estate? The condition and price of any home can be changed. You can even change the size of the residence. The one thing you can’t change is the home’s location. Location matters even inside the neighborhood, the ‘micro-markets’ will have a large impact on price and your overall enjoyment of the home.

As your real estate advisor, there is a wealth of knowledge that I can share with you. In my newsletters, I will be featuring a deep dive into communities to help you focus on the options, and what’s most important to you. I look forward to sharing my knowledge with you.

If you’d like to explore the real estate market, neighborhoods and options, let me be your real estate advisor — give me a call at 941-376-5311.

longboat key, FL real estate & homes for sale - Bruce Myer - Sarasota Market Update July 2023

MY FEATURED LISTINGS

Longboat key, FL Real Estate Agent
Sarasota Market Update July 2023

3590 FAIR OAKS LANE

$2,995,000

Pinnacle of Longboat Key waterfront living in this sprawling 2,957 +/- Queens Harbour waterfront residence with private dock and easy access to Sarasota Bay and beyond.

632 MOURNING DOVE DRIVE – BIRD KEY

$2,895,000

Set on a waterfront lot, this property presents a world of possibilities, as you can live, update or rent this existing 3BR/2.5BA pool home ,or create your brand new canal-front estate.

3210 BAYOU SOUND

$1,395,000

One of the best values on Longboat Key. This 3BR/2BA plan has been modified to a 2BR plus office, with the convenience of the laundry area on the same level. 

1085 GULF OF MEXICO DR., #11-501

$985,000

Completely renovated 2BR/2BA residence with views spanning downtown, Links golf course and beyond to the Gulf through new high-impact sliders and open balcony.

510 CHIPPING LANE

$1,795,000

Opportunities abound in this 3BR/2BA pool home to realize your complete vision for luxury waterfront living or take advantage of the rental income.

3080 GRAND BAY BLVD., #532

$899,000

2BR/2BA residence with unobstructed views of the Harbourside golf course, mangrove channels, and Sarasota Bay. Expansive outdoor wraparound terrace..

2425 GULF OF MEXICO DR., #6A

$1,795,000

Stunning furnished 6th floor 2BR/2BA corner residence with direct Gulf views. Sea Gate offers luxurious amenities and conveniently located on the south end of Longboat Key.

435 L’AMBIANCE DR., #K905

$3,995,000

Penthouse 2BR+DEN residence in L’Ambiance, offering more than 2,800 SF of living space ready to be renovated and reinvigorated with your distinct touches.

7105 GULF OF MEXICO DR., #11

$995,000

Beautifully done 2BR/2BA, furnished corner residence on the first level with easy access to the beach.

516 BAYPORT WAY #516

NOW PENDING $1,275,000

Spacious 3BR/2BA, which lives like a single family residence, split plan layout, large, open patio enveloped tropical foliage.

1095 GULF OF MEXICO DR., #504

NOW PENDING $995,000

Spacious 2BR/2BA residence with breathtaking views and 2 parking spaces, one under building and one covered.

TWO PENDING AT PORTOBELLO

3235 GULF OF MEXICO DR., #A304

$1,195,000

3235 Gulf of Mexico Dr., #A402

$1,250,000

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LUXURY PROPERTIES EXCLUSIVE TOUR

LONGBOAT KEY

632 MOURNING DOVE DRIVE – BIRD KEY

LUXURY PROPERTIES EXCLUSIVE TOUR

BIRD KEY

435 L’AMBIANCE DR., #K905

LUXURY PROPERTIES EXCLUSIVE TOUR

THE BAYOU

2425 GULF OF MEXICO DR., #6A

EXPLORING BIRD KEY

Often called the jewel in Sarasota Bay, Bird Key is entirely made up of single-family homes. it is where beautiful sunsets and tropical waters converge every evening. It’s where I chose to live! Bird Key is located between Downtown Sarasota and St. Armand’s Circle.The island is approximately 250 acres and has three distinct classifications of luxury homes which are named based upon their location on the island. The classifications are Garden Homes (non-waterfront), Canal Homes, and Bay-front homes. Residents of Bird Key reap the benefits of living a vacation lifestyle on a sunny island, but are still only a 5-minute drive from downtown Sarasota. Housed in a 1914 mansion – the first in Sarasota – Bird Key Yacht Club is an observance of history and a local community hub. The club welcomes members from all over, but many are from Bird Key itself. The club has boat slips, tennis courts, an Olympic-sized swimming pool, a fitness center with classes, and group activities. Real estate agents who know the history of Bird Key marvel at the fact that it was once purchased for just $25 by a developer from Ohio in 1911. Ten years later, American circus legend John Ringling acquired the island, dredged it for expansion and connected it to Sarasota and other barrier islands by means of a network of causeways.

Explore Bird Key videos and more.

LOCAL CURATED CONTENT

Take the Trolley From the Airport

Tourists and residents flying into Sarasota Bradenton International Airport will, before long, be able to take a trolley to downtown Sarasota.  The shuttle service, which will also go from downtown to the airport, will run every 20 to 30 minutes, according to Sarasota County’s plans. County commissioners unanimously approved the service and the purchase of two streetcars as part of the “consent section” of their agenda on June 13. The county is expecting to launch the program toward the end of this year. 

Today Show Ranks Sarasota 2nd Most Booming City

The Today Show ranking of yet another ‘top list’ for Sarasota follows several other recent rankings for the city of Sarasota and the surrounding area as one of the most desirable places to be in the country. U.S. News & World Report has listed it as one of the top places to retire for several years. Criteria such as schools, cost of living, outdoor life, job security, and growth and development each contributed to the quality of living for residents choosing to find a spot to live post-pandemic.

Sarasota Publishes Proposed Public Art Plan 2030

In advance of more informational community meetings and eventual presentation to the Sarasota City Commission for adoption, the city of Sarasota has published its draft Public Art Plan 2030. Central to the plan is a proposal to increase the funding mechanism for public art. Currently, the program is funded by a developer fee of 0.5% of the value of any development of $1 million or more, excluding land value. The 2030 plan calls for doubling that fee to a full 1%. In the executive summary, Wallace writes that the plan is a living, dynamic document intended to flex with economic volatility and, like art itself, be subjective. You can read the draft plan in its entirety here.

CLICK TO VIEW OPPORTUNITIES IN SARASOTA NEW CONSTRUCTION

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WHAT’S MY HOME WORTH

OVER $79 MILLION PENDING AND SOLD IN 2023

OVER $97 MILLION SOLD IN 2022

OVER $134 MILLION SOLD IN 2021

RANKED #8 REALTOR OF OVER 8.300 IN SARASOTA & MANATEE COUNTY – 2022

Longboat key, FL Realtor
Sarasota Market Update July 2023