Longboat Key Real Estate for Under a Milion Dollars at Year's End

By
Real Estate Agent with Allen Real Estate Services, Inc.

Tangerine Bay on Longboat Key

The Sarasota FL real estate market is still experiencing a buyer's market. There are deals out there and some buyers plan to make their purchase before the end of 2009.  Many desperate owners who have caved into the pressure of this real estate market have lowered their prices considerably and dumped their properties. Some sellers have sold their homes for less than what they owe ("short sale") or been forced into foreclosure. Properties priced correctly and at good values are now good buys even though they don't seem to be what most buyers call a "deal." Once again, we remind you that you don't have to buy a short sale or a foreclosure on Longboat Key or Sarasota to get a deal!

Water Club Condo on Longboat Key

The Sarasota MLS has listings of over 155 single family homes for sale on Longboat Key. There's quite a selection of available properties for someone who wants a home or condo on Longboat Key.  Below are some examples of homes and condos under $1 Million on Longboat Key.

Under $1 Million Single Family Homes:

Country Club Shores: 2 bedrooms, 2 baths -- $449,000

Bayview Estates: 3 bedrooms, 2 baths -- $485,000

Bay Isles: 2 bedrooms, 2 baths -- $499,000

Conrad Beach: 3 bedrooms, 2 baths -- $365,000

Emerald Harbor - 3 bedrooms, 2 baths -- $990,000

Under $1 Million Condos

Seaplace: 2 bedrooms, 2 baths -- $315,000

Fairway Bay: 2 bedrooms, 2 baths -- $369,000

Islander Club: 2 bedrooms, 2 baths -- $419,000

Beaches: 3 bedrooms, 3 baths -- $425,000

Sanctuary: 3 bedrooms, 2 1/2 baths -- $849,000

Grand Bay: 2 bedrooms, 2 baths -- $675,500

Homes and condo prices have come down considerably since the highs of 2005 and 2006. Prices of these properties are now close to prices of 2003 and 2004. For more information on on Sarasota FL real estate, visit our main website and search for Longboat Key real estate to find your dream house at the beach.

Check out the condos behind the gates of the Longboat Key Club such as Privateer, Sanctuary and Beaches for top amenities.

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Ann Allen Hoover
RE/MAX Advantage South - Hoover, AL
CDPE SRES ASP e-PRO Realtor - Homes for Sale - AL

I love this part of Florida........sure would love to be able to buy one of these!

Dec 03, 2009 03:11 AM #1
Rainmaker
116,205
Annette Smith
Allen Real Estate Services, Inc. - Sarasota, FL
Sarasota Real Estate Agent

Hi Ann, thanks for stopping by.  If you come down this way, be sure to give me a ring.

Dec 03, 2009 03:34 AM #2
Rainer
232,060
Marcia Hawken
WILLIAM RAVEIS - Naples, FL
Naples Luxury Specialist

Annette.Looks like you have some gems to sell in Sarasota!  Good luck this season! :-)

Dec 03, 2009 08:10 PM #3
Rainmaker
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Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

Sunny and beautiful.  Congrats on a featured post at Condo Benefits.

Dec 04, 2009 10:27 PM #4
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Rainmaker
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Annette Smith

Sarasota Real Estate Agent
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