How Much Does Longboat Key Cost vs. Sarasota?
Longboat Key costs 3-4x Sarasota: $1.8M-$2M vs. $510K medians, $15K-$25K flood insurance vs. $4K-$8K, and $40K-$60K closing vs. $12K-$18K.
Longboat Key costs 3-4x Sarasota: $1.8M-$2M vs. $510K medians, $15K-$25K flood insurance vs. $4K-$8K, and $40K-$60K closing vs. $12K-$18K.
Sarasota homes in 2026 sit at a $510K single-family median and $395K condo median, with 4-5 months supply and 60-90 day DOM countywide.
Florida’s tax move to Sarasota saves a $150K earner $9K-$19,500 yearly, plus the $50K homestead, 3% Save Our Homes cap and $500K portability.
Sarasota mainland waterfront runs $700K canal homes to $6M+ Bird Key bayfront, a 50-1,200% premium over the $460K non-waterfront median.
Sarasota wins for investors in 2026: $474,700 median vs. Naples’ $700K, 6.2% yields vs. 5.7%, and $1,000-$2,300 Naples HOAs vs. $450-$850.
Buying in Sarasota in 2026 means a $390K-$430K median plus 2-5% closing, $3,200+ insurance, and Lakewood Ranch CDD fees of $1,500-$3,000 yearly.
Buying in Sarasota today means 3.5-20% down, 2-4% closing, plus insurance and HOA — medians span $300Ks in North Port to $1M+ on barrier islands.
Sarasota beats Naples for accessible entry, broader inventory and STR-friendly zoning; Naples wins ultra-luxury appreciation if capital allows.
Top Sarasota agents close in 15-25 days versus the 50-day median by pricing 1-3% under the top comp and pushing photos and 3D tours in 48 hours.
Longboat Key luxury waterfront runs $1.5M-$6M with a $2.2M median; Gulf-front hits $3M-$6M and AE/VE flood adds $4K-$12K+ yearly insurance.
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Real estate done right on Florida’s West Coast — buyers, sellers, and everything in between.
Team Renick · Mangrove Realty Associates
Serving all of Sarasota and Manatee Counties