Longboat Key Houses For Sale & Real Estate Listings

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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.

Luxury Homes for Sale in Longboat Key, FL

Discover Exclusive Island Properties on Florida's Premier Barrier Island

Longboat Key Real Estate Market Overview

$2.4M
Median Home Price
58
Days on Market
97%
List-to-Price Ratio
+11.2%
YoY Appreciation

Exclusive Longboat Key Neighborhoods

Country Club Shores

Gated community with private docks and golf privileges

Price Range: $2.1M - $8.5M

Whitney Beach

North end location with wide sandy beaches

Price Range: $1.8M - $6.2M

Longboat Village

Charming Old Florida style homes near St. Armands

Price Range: $1.2M - $3.5M

Islandside

Luxury Gulf-front estates with private beach access

Price Range: $3.5M - $15M+

Longboat Key Property Types

 

Waterfront Homes

Gulf front, bayfront, and canal homes with boat access

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Single Family Homes

Luxury estates and charming island cottages

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Condominiums

Low-maintenance luxury with resort amenities

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The Longboat Key Lifestyle

Beaches

12 miles of pristine white sand beaches with public access points

Golf

Two championship courses at the Longboat Key Club

Dining

World-class restaurants including Euphemia Haye and Portofino

Safety

#1 Safest City in Florida with 24/7 police patrol

Buying on Longboat Key

Longboat Key has strict building codes including a 4-story height limit, 60% conservation land, and rigorous construction standards for storm protection.

Florida has no state income tax, and Longboat Key property taxes are competitive with millage rates around 14.5 for town and 16.5 for county.

The high season runs January-April when inventory is lowest. Best buying opportunities often occur May-August with 10-15% fewer competing buyers.

Kim Ogilvie Longboat Key Real Estate Specialist

Kim Ogilvie

Longboat Key Luxury Specialist

With over 15 years specializing in Longboat Key real estate, Kim brings unparalleled knowledge of the island's unique neighborhoods, zoning regulations, and market trends. Her relationships with other top agents often provide access to off-market listings.

Awards & Recognition

  • Top 1% Michael Saunders & Co. Agents
  • Longboat Key Chamber Business Leader
  • 10-Time Platinum Club Award Winner

Client Experiences

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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.