1. What is the current state of the Casey Key housing market?
Casey Key's real estate market has historically been characterized by exclusivity and high-value properties. While 2024 has seen some moderation in price appreciation compared to the previous year, the market remains competitive. Inventory levels are low, with a high demand for waterfront properties and luxury estates. This trend suggests a seller's market, where qualified buyers may need to be prepared to act quickly to secure their dream island property.
2. What types of properties are available in Casey Key?
Casey Key caters to a high-end market, with single-family homes dominating the landscape. These range from luxurious waterfront estates with private docks and expansive living areas to meticulously designed beach bungalows offering a more intimate feel. Vacant lots are rarely available due to the limited developable space on the island. Condominiums or multi-family units are virtually nonexistent, further solidifying the focus on private residences.
3. What are the advantages of living in Casey Key?
Beyond the undeniable allure of beachfront living and unparalleled water access, Casey Key offers a unique island lifestyle. Residents enjoy a strong sense of community, with a focus on outdoor activities and a relaxed pace of life. The proximity to the mainland provides access to the cultural offerings and amenities of Sarasota and Venice, while Casey Key itself maintains a peaceful and secluded atmosphere. Additionally, with limited commercial development, the island prioritizes natural beauty and tranquility.
4. What are some things to consider before buying in Casey Key?
The cost of living in Casey Key is one of the highest in Florida. Real estate prices reflect this exclusivity, making it a significant investment. Due to the island's seclusion, car ownership is essential for navigating the island and accessing amenities on the mainland. Additionally, with a focus on single-family homes, Casey Key might not be ideal for those seeking a low-maintenance lifestyle or a more social, condo-style environment.
5. Is Casey Key a good place to retire?
Casey Key offers a tranquil and picturesque environment ideal for retirees seeking a luxurious island retreat. The relaxed pace of life, stunning natural beauty, and close proximity to cultural attractions on the mainland make it an attractive option. However, the high cost of living, limited availability of single-story homes, and potential isolation for those without a car might be considerations for retirees on a budget or seeking a more social and walkable community.
583 people live in Casey Key, where the median age is 62 and the average individual income is $155,959. Data provided by the U.S. Census Bureau.
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Casey Key has 271 households, with an average household size of 2. Data provided by the U.S. Census Bureau. Here’s what the people living in Casey Key do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau.
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Here are some key statistics as of October 2024
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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; Sarasota 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.