Sunday, August 2, 2009

Condo Sales Heat Up in Sarasota MLS

Siesta Dunes, Siesta Key Beach Condos Sarasota Condo Activity Heats Up

It's been awhile since Sarasota condos had significant activity. The condo market may be at the tip of getting another look in Sarasota.

Siesta Key Beach

In May when Dr. Beach published his yearly 10 Best Beaches in America list, telephone calls for Sarasota condos increased. Siesta Key moved up to the no. 2 beach on Dr. Beach's list so Siesta Key condos are getting another look by buyers who want a second home or an investment.

Prices have come down considerably on Siesta Key Beach, like all of Sarasota. Condominiums are popular with baby boomers who want a second home away from the colder areas of the country or as investment for their future retirement here. Many of these buyers having been coming to Siesta Key for decades and now just seems to be the perfect opportunity to take advantage of the inventory selection, low interest rates and lower prices.

Siesta Key Beach Condos

Siesta Key beach condos are popular for investment properties as they bring the best rentals. The first thing a renter asks is "how close is it to the beach?" If a condo is close to the water, Siesta Key Village and is in good condition, it brings a higher price than one without these features. Some of the popular complexes with available Sarasota MLS listings are:

Siesta Key Beach Condos for Sale

Palm Bay Club
Crescent Arms
Jamaica Royale
Peppertree
Island Reef
Island House
Terrace East
The Terrace
Gulf and Bay Club
Tortuga
Beachaven
Crescent Royale
Crescent

There are 432 condos for sale on Siesta Key. Prices range from $162,500 to $4,250,000 excluding timeshare complexes. Buyers can find outstanding values with time-of-the-line amenities sought by discriminating buyers of high-end real estate or tiny one bedroom fixer up units. The inventory on this island is excellent.

Lido Key Beach

Known as a European style Beach, Lido's beach condo inventory is excellent too. Within walking distance to famous St. Armands Circle, this beach is a great spot to spend a few days or a lifetime.

Lido Key Beach Condos


Orchid Beach Club, Lido Key, Sarasota CondosLido Key condos are sought for investment as well as second homes. Many Europeans enjoy this beach. Close to St. Armands Circle and downtown Sarasota's amenities, buyers of Lido Key condos enjoy a relaxed tropical lifestyle.


Popular Lido Key condominiums with available beach units listed in the Sarasota MLS:

Lido Key Beach Condos for Sale

Lido Ambassador
Lido Harbor South
Lido Regency
St. Armands Towers
Lido Beach Club
L Elegance
Orchid Beach Club
Ritz Carlton Beach Residences

Beach condos on Lido Key are bought as second homes and investments too.

Longboat Key Beach

On this narrow island stretching between the Gulf of Mexico and Longboat Key is a beautiful pristine white sandy beach. The entire island exudes elegance.

Longboat Key Beach Condos

Dotted the beach line on the west coast of Longboat Key, high-rises stand tall behind the prestigious gates of the Longboat Key Club. Stretching from the southern tip to the northern tip of the island condos line the beach. Many owners are absentee and enjoy the season of Sarasota during the winter months from January to April. Escaping the cold weather in other parts of the country, these owners either privately enjoy their second home or rent part of the year.

Popular condominiums on Longboat Key available in the Sarasota MLS:

Longboat Key Beach Condos for Sale

Seaplace
Longboat Harbour Towers
Islander Club
LBK Yacht and Tennis
Sea Gate Club
Whitney Beach
Aquarius Club
Water Club
Pierre
Longboat Key Towers
Beaches
Sanctuary
Islands West
L Ambiance
La Firenza
Positano
En Provence

Siesta Key and Longboat Key together have more than 800 available condos for sale excluding timeshares, boat docks and boat racks. As mentioned previously, the selection is extraordinary if you are in the market for a Sarasota condo. If you are searching the Sarasota MLS and need some help, give us a call to assist you with your Sarasota real estate purchase!

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