Is Now the Right Time to Invest in Longboat Key?
Yes, early 2026 is a strong Longboat Key entry: $1.15M median, 406 listings, 141-day DOM, 91% list-to-sale, and 18 new insurance carriers.
Yes, early 2026 is a strong Longboat Key entry: $1.15M median, 406 listings, 141-day DOM, 91% list-to-sale, and 18 new insurance carriers.
Sarasota beats Fort Myers ROI in 2026: $500K-$540K medians, 3-4 months supply, and insurance $10K-$20K cheaper yearly on a $600K rental.
Six Sarasota waterfront neighborhoods deliver in 2026 — Bird Key, Lido, Siesta, St. Armands, Harbor Acres and Bayou Louise — at $1.1M-$4.5M+.
Longboat Key waterfront starts at $1.4M for bay homes and tops $6M Gulf-front; the median sits near $2.1M with under 40 active listings.
Sarasota waterfront medians sit at $1.15M-$1.25M; Gulf-front tops $4M, canal-front starts $650K, with $18K-$45K insurance and 13-15 mills tax.
The best time to buy in Sarasota is August through October — peak inventory near 4,100 listings, $430K median, and 75-90 day Palmer Ranch DOM.
Skipping a Sarasota inspection saves $350-$550 and risks five- or six-figure repairs; older homes also need a 4-point to even get insured.
Sarasota’s best waterfront buys span Siesta from $800K, Lido from $2M, Bird Key from $3M, Longboat from $1.5M and Casey Key from $2M.
Sarasota wins cash flow at a $525K median and 6-8% yields; Longboat Key wins appreciation at $1.8M with 4-5% yields and $12K-$22K insurance.
Sarasota buyer closing costs run 2-4% — about $10,500-$21,000 on the $525K median — plus down payment from 0% VA up to 3.5% FHA or more.
Let’s talk about your goals and your timeline — no pressure, no scripts, just a clear next step.
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