Are Coastal Florida Foreclosures a Real Risk?
Sarasota foreclosures doubled to 6 in Feb 2026, Manatee up 33%; coastal owners face $8,292 insurance averages and AE/VE flood premiums.
Sarasota foreclosures doubled to 6 in Feb 2026, Manatee up 33%; coastal owners face $8,292 insurance averages and AE/VE flood premiums.
Buy Longboat Key July through September: 75-95 day DOM, 2026 single-family median $1.85M, and off-season buyers close 5-8% under peak comps.
Florida’s Gulf Coast is home to two of the state’s most prominent coastal real estate markets — Sarasota and Tampa — each with a distinct character.
Longboat Key buyers skip Florida income tax, save $50,000 via homestead, and lock 3% Save Our Homes; town millage runs below 2.0 mils.
Sarasota’s coastal market in 2026 remains a strong long-term hold, though buyers face a more deliberate environment than the frenzied pace of prior years.
MLS feeds, DOM reports, and PPSF tools read Longboat Key in 2026: 6-9 months supply, 60-90 day DOM, and waterfront single-family $1.2M-$3M+.
Longboat Key spans Sarasota and Manatee counties; 2026 single-family median $2.1M, condos $1.05M, 82-day DOM, and $15K-$25K annual insurance.
Sarasota’s 2026 beach prices: Siesta Key $1.4M, Longboat $2M+, Venice and Nokomis from mid-$500Ks; AE/VE flood runs $3,500-$7,000 a year.
Sarasota and Manatee coastal buyers in 2026 negotiate $10K-$30K seller credits for seawalls, roofs, and elevation, plus 2-3% closing concessions.
Zillow spring 2026: Siesta Key averages $808K (down 9%), Longboat Key $955K (down 11%), Anna Maria $1.82M (down 14.5%), 72-90 day market.
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