Sarasota Real Estate News

Luxury homes are making a comeback in the Sarasota area, and
Casey Key home sales are on the move. The selection of waterfront
Casey Key homes available for sale has diminished a little, but
there is still a very nice selection for buyers. We continue to see
buyers shop for homes that are well priced for the market. Buyers
are still looking for deals. Smart and motivated sellers are
working with offers and transactions are taking place.

Lush tropical landscaping and the element of privacy draw
entertainers, movie stars and authors to Casey Key. Residents enjoy
a relaxed Florida lifestyle on this topical island. They walk the
beaches, explore the jetties, and are mesmerized Gulf of Mexicos
vistas. Camera buffs and adventurers seek out Casey Key too.

There arent any traffic lights on Casey Key. Youll see
walkers, bikers and Mote Marine volunteers during sea turtle season
tending turtle nests. Baby sea turtles head to the Gulf waters as
does mamma turtle so be careful not to disturb them.

Casey Key stretches between the Gulf of Mexico and Sarasota Bay
where youll find some of the areas prime real estate. Currently
the Sarasota ML reports 37 homes on Casey Key FL for sale. Prices
of homes on Casey Key range from $699,000 to $19 million. There are
5 homes under contract on Casey Key and within the last six months,
10 homes have sold on Casey Key.

Magnificent Gulf to Bay properties always command top prices on
Casey Key. Many of these properties include private boat dockage as
well as a beach cabana. If you are searching for a home with lots
of space and incredible views, Casey Key homes have been
significantly reduced. Maybe its your time to find the perfect
beach house.

Casey Key Real Estate Sales

• Highest Priced Home: $19,000,000
• Lowest Priced Home: $699,000
• Pending Sales: 5
• Sales: 10

Recent Sales: $650,000 to $7,575,000

For additional information, photo galleries, and showing of
Sarasotas barrier island homes: Siesta Key, Lido Key, Bird Key,
Longboat Key, and
Casey Key FL real estate visit our main website or contact the
John Allen Team at 941-544-6467.

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If home sales in Casey Key are any indication, the market for Sarasota luxury homes appears to be moving in the right direction. In fact, a home sold earlier this month was sold with a price tag that is higher than any other home sale in Casey Key since November 2009.

On July 15, a 10,000-square-foot home situated on 1.65 acres on Casey Key was sold for $7.58 million. The home features 200 feet of Gulf of Mexico shoreline as well as an upstairs and downstairs master suite. Other features include a summer kitchen, an eight-car garage, a separate caretakers building and a disappearing edge swimming pool and spa. Not only was the home sold at the highest sale price since November 2009, but it is also the second-highest price to be paid for a home within Sarasota County in 2011.

Similar signs of an economic turnaround are also being seen at nearby Bird Key, where sales have been brisk. In addition, construction has begun on a number of new luxury homes that are expected to cost more than $14 million to construct. The largest is an 8,000-square-foot home being constructed by Jimmy W. Hayes, who is the chief executive of Cox Communications in Atlanta. According to Jack McCabe, who is a real estate consultant in Deerfield Beach, the fact that land prices fell by as much as 50 to 70 percent “allowed some builders to acquire land and build homes that can complete favorably with foreclosures.”

“At the same time, the stock market has picked up and the economy is better than it was, which contributes to feeling that we have turned the corner,” continued McCabe in a recent Herald Tribune article.

While we still have not completely recovered from the recession, most experts agree that the worst days are behind us. Given the fact that buyers are confident enough to pay millions of dollars to purchase homes and builders are willing to invest millions more into constructing new homes, things certainly seem to be moving in the right direction.

Search Waterfront & Luxury Homes for Sale on Casey Key and Bird Key 

Bird Key Real Estate – Sarasota | Casey Key Waterfront Homes

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Learn more about our professional expertise and our 30 year company history. Explore our luxury buyer services tailored to your specific needs… or find out how to get started. If you are ready, just Contact us now and we’ll be delighted to discuss how we can help you.

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While Casey Key real estate is known around the world for its luxurious homes, natural beauty and solitude, many don’t realize that the small island has gone through many name changes throughout its interesting history. Furthermore, while Casey Key is located within the popular Sarasota County, it offers a peaceful retreat from the many activities the area [...]

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Are you interested in living in a tropical paradise without having to give up all of the modern amenities that you have grown accustomed to having? Do you dream of being able to sit on the beach all day while still remaining near to plenty of shopping and dining establishments? Or, perhaps you want to [...]

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For those of us who love our pets, it is no secret that our animals possess a certain charm. And while each pet may have its own unique personality, one need only to look at recent research to realize the healing and helping potential that animals can bring to the community.  This summer, the Southeastern [...]

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The Sapphire Shores and Indian Beach neighborhoods (also referred to as “The Museum Area”) stretch west of Tamiami Trail from Whitaker Bayou to New College. The area contains an eclectic mix of homes with architectural styles ranging from 1920s Mediterranean Revival to 50s ranch homes and also includes shining examples of Sarasota’s own brand of modern architecture. All of the homes in this area are on or within walking distance to the natural beauty of Sarasota Bay. The neighborhood is a quick five minute drive to downtown Sarasota and a fifteen minute jaunt to the beaches of Lido Key. Cultural highlights of the Indian Beach and Sapphire Shores area include: The John and Mable Ringling Museum, the Asolo Repertory Theatre, USF, New College and the Ringling College of Art and Design.

Search Current Real Estate listings

Indian Beach Sarasota Homes for Sale | Sapphire Shore Sarasota Homes for Sale

Indian Beach and Sapphire Shores were originally developed in the early 20th century by wealthy northerners who chose the area to build their winter estates. Their style is prevalent throughout the neighborhood and a shining example is John and Mable Ringlings Ca DZan mansion, which is now an historic museum. Residents of the area include an eclectic mix of artists, professionals, retirees and students. Currently available homes in the neighborhood range from around $100,000 ranch style homes to the millions for palatial bay side estates.

2011 Indian Beach Real Estate Activity

Current Active Listings: 14

Highest Priced Home: $9,900,000

Lowest Priced Home: $99,000

Median listing Price: $2,131,626

Average Listing Price: $482,500

Homes Under Contract: 3

Homes Sold YTD in 2011: 7

Highest Sale Price: $2,920,000

Lowest Sale Price: $130,000

2011 Sapphire Shores Real Estate Activity

Current Active Listings: 8

Highest Priced Home: $1,199,000

Lowest Priced Home: $645,000

Median listing Price: $949,000

Average Listing Price: $932,125

Homes Under Contract: 2

Homes Sold YTD in 2011: 4

Highest Sale Price: $405,000

Lowest Sale Price: $240,100

We recently sold this seven bedroom, six bath Spanish Mediterranean home on Virginia Dr in the Museum Area (West of the Trail):

This property has many unique features including six rental units, majestic oak trees and lush landscaping with an old Florida feel.

Contact us today for more information on Sapphire Shores, Indian Beach or any other Sarasota real estate. Our team of local experts covers the entire Sarasota Florida area!

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Bird Key real estate here in Sarasota Florida has been very active in the last few months as prices continue to adjust. This private boating community is located just west of the Ringling Bridge from downtown Sarasota. If you have a large boat or yacht, Bird Key might be worth a look for your waterfront paradise. Buyers are still searching for [...]

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Siesta Key will be busy this weekend as spectators of the this weekend’s Siesta Key Crystal Classic Master Sand Sculpting Competition on Siesta Beach will be out to see master sculptors and local sculptors shape fabulous creations.  The featured centerpiece is a 6-foot-tall, 300-ton sand masterpiece with the logos of the event sponsors. Today, Thursday, [...]

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The Sarasota Opera House’s  stage was the scene for Fred Astaire Dance Studios’ “Let Us Entertain You” production on Saturday night, October 3, 2010 in downtown Sarasota, FL.  If you missed it this year, make plans to be in Sarasota for this event next season.  The musical dance revue spotlighted some of the studio’s dance students as [...]

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This Saturday November 6, 2010, St Armands Circle will hold its annual Ferrari Owners Club Car show. The event takes place in the beautiful Circle Park from 10 am to 3 pm. Admission is Free. Over 75 Ferrari’s will compete for the coveted prize of “Best of Show.  Although the competition is on for Ferrari’s, [...]

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