A short distance south of Tampa Bay, in the gleaming waters of Florida’s West coast, is the island community of Longboat Key. The island is renowned for its breathtaking beaches, serene environment, and opulent residences, making it a highly sought-after destination for anybody seeking a posh lifestyle in Florida. If you want a place that will provide luxury, safety, and stability while still having remarkable growth potential, read on to learn more about Longboat Key real estate.
An Overview of the Longboat Key Real Estate Market
Longboat Key’s real estate market is thriving, with homes ranging from luxury beachfront estates to more inexpensive single-family homes. You can also buy villas and condominiums as well as land on this island. The current median listing price is $1,125,000.
The area’s closeness to downtown Sarasota makes it a great location for individuals who wish to access the amenities available in Sarasota, while enjoying the peace of island living.
Is Longboat a Key Wealthy Community?
Only a few people can afford to live on a barrier island like Longboat Key, so that should tell you that the community is outrightly affluent. The island town has an average family income of $180,000, and with around 2,000 people, this makes it one of Florida’s least populated areas.
Longboat Key Parks and Attractions
Longboat Key is home to numerous parks and recreational areas, not to mention its stunning location between the Gulf of Mexico and Sarasota Bay.
There are 2 public beaches, Coquina Public Beach and Longboat Key Public Beach, and several private clubs like the Longboat Key Club and Resort. The area has several places to shop, including premium apparel boutiques, gift shops, and art galleries.
Longboat Key also has various parks and trails for fishing, biking, kayaking, and other outdoor activities. Besides, the community is home to 2 amazing sporting complexes, namely the Longboat Key Public Tennis Center, and the Key Golf Club.
Is Longboat Key a Nice Investment?
Longboat Key has many real estate alternatives to suit any budget. Whether you want a waterfront property, single-family home, or condo, there is something for everybody in this lovely town. Plus, the area has grown steadily over the years, making it a good investment prospect.
Other potential reasons to invest in real estate in this island town include proximity to local attractions and beaches, and better weather compared to other Florida locations.
Nonetheless, if you are considering purchasing homes for sale in Longboat Key, you should do your homework first. Ensure you understand the current market conditions and average sale prices for comparable properties.
You should also consider talking to an experienced realtor to learn about the conditions of the market and how to go about the home-buying process. This will assist you in deciding if it is better to buy immediately or wait for the market to turn around.
Explore Longboat Key Real Estate Listings with Kathy Callahan
Longboat Key real estate is your ticket to an island paradise. Whether you are a single guy or a family man, this town is a nice place to call home. It has something for everybody and will only improve with time. Once you are ready to explore the area, contact local agent Kathy Callahan to guide you on how to buy a home in Longboat Key.