Longboat Key Houses For Sale & Real Estate Listings

Search Longboat Key homes for sale with Florida expert, Kim Ogilvie.

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About Longboat Key

Longboat Key, Florida, a slice of paradise nestled between the Gulf of Mexico and Sarasota Bay. Known for its tranquil beaches, lush landscape, and luxurious lifestyle, Longboat Key offers a serene escape from the hustle and bustle of everyday life. This barrier island, with a history that spans back to the early 20th century, has evolved from a quiet fishing and farming community to a premier destination for those seeking a peaceful yet sophisticated living experience. Here, the days are marked by stunning sunsets, gentle sea breezes, and the soothing sound of waves lapping against pristine shores.

The real estate market in Longboat Key is as diverse as it is dynamic. You'll find a range of properties from lavish beachfront estates to elegant condos, all offering a piece of this coastal haven. In recent years, the trend has leaned towards waterfront properties that provide spectacular views and direct beach access, catering to those who dream of a home by the sea. The market is buoyed by the island’s allure, maintaining its strength due to its reputation as a luxury destination. Whether you’re looking for a seasonal retreat or a permanent residence, Longboat Key’s real estate options are designed to provide comfort, luxury, and a sense of exclusivity.

MARKET INSIGHTS

LONGBOAT KEY HOUSING MARKET TRENDS

What is the housing market like in Longboat Key today?
The Longboat Key housing market is not very competitive. The median sale price of a home in Longboat Key was $1.3M last month, down 1.9% since last year. The median sale price per square foot in Longboat Key is $688, down 1.1% since last year.

How hot is the Longboat Key housing market?

Longboat Key is not very competitive. Homes sell in 72.5 days.

TOP FAQS ABOUT HOUSES IN LONGBOAT KEY

The real estate market in Longboat Key is characterized by strong demand for luxury properties, particularly waterfront homes and those with access to boating facilities. This trend is driven by the area's appealing combination of beautiful beaches, exclusive communities, and high-quality lifestyle. The market sees a mix of buyers, including retirees, second-home buyers, and affluent individuals seeking a serene beachfront or bayfront living experience. Despite the high price points typical for the area, the demand for houses in Longboat Key remains robust, fueled by the area's reputation as a premier destination for luxury living and its stunning natural beauty.

Compared to other Florida markets like Miami or Naples, Longboat Key offers a more relaxed and less congested environment, making it particularly appealing for those looking for a quieter, more exclusive lifestyle. The homes in Longboat Key are often situated in more private settings, offering greater seclusion and direct access to the Gulf of Mexico or Sarasota Bay. The market in Longboat Key is predominantly focused on luxury properties, with a significant emphasis on waterfront homes, which command premium prices due to their location and amenities.

In Longboat Key, buyers can find a variety of house types, predominantly focusing on upscale, luxury properties. This includes waterfront estates with private docks, elegant condos with ocean views, and single-family homes in exclusive gated communities. The architectural styles vary, with many homes featuring modern or Mediterranean designs that maximize views and outdoor living spaces. These properties often come with high-end finishes, spacious floor plans, and amenities such as pools, outdoor kitchens, and lush landscaping.

Investing in a house in Longboat Key can be a wise decision, particularly for those interested in the luxury real estate market. The area's attractiveness as a vacation and retirement destination supports a strong and stable housing market. Waterfront properties, in particular, tend to retain their value and are highly sought after. Potential investors should consider the specific location, property type, and market trends, as waterfront properties are more prone to market fluctuations and environmental factors.

Potential buyers should consider the location of the house, especially regarding its proximity to the water, beach access, and views. Understanding the potential impact of weather and environmental factors, particularly for waterfront properties, is crucial. Buyers should also assess the condition and age of the house, potential for renovations, and the cost of maintenance. Additionally, considering community amenities, homeowner association fees, and local regulations is important. Understanding the dynamics of Longboat Key's real estate market, including seasonal variations in demand, can help in making an informed purchase decision. Working with a real estate agent experienced in the Longboat Key market is beneficial to navigate these considerations effectively.

Work With Us

Dedicated and passionate about her craft, she has reached a position in the industry few ever attain. Kim’s list of accolades is extensive and includes: 2021 Michael Saunders & Company Top Performing Agent; multiple years of leading the top producing team with Michael Saunders & Company; Longboat Key Association of Realtors® Sales Leader of $1M+ in single-family homes over a cumulative 15-year period; and involvement in three of the five largest sales in Sarasota history.