Sarasota real estate is genuinely under priced. Therefore, our real estate prices reflect this demand; Most of our residents do not live here full time so our real estate market has not been hit as hard as it was in other Florida locations. Most single family homes in the Sarasota area are priced under $400,000. Other real estate markets, even ones close to Sarasota, like Naples, Ft. Lauderdale and Orlando are all priced higher. Sarasota might just be the last really good value when it comes to Florida real estate.
Sarasota and other Florida counties saw increases in the international tourist trade by 21.8 percent, and domestic tourism jumped up by 3 percent. Florida residents began to vacation in-state again, with an increase of 12.5 percent in 2011.
Sarasota neighborhoods range from oceanfront condo developments, to luxury golf communities, to historic downtown streets lined with classically styled homes. Downtown Sarasota offers elegant living with all the great conveniences of living in a vibrant downtown. Many new condos have been constructed in the last few years offering views of the bay and all the amenities of a five star resort.
You have several options when purchasing a residential property: a traditional single-family home, a townhouse, a condo, or a multi-family building with two to four units. Each option has its pros and cons, depending on your homeownership goals, so you need to decide which type of property will help you reach those goals. You can also save on the purchase price in any category by choosing a fixer-upper, although the amount of time, sweat equity and money involved to turn a fixer-upper into your dream home might be much more than you bargained for.
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We hope you call on us when you’re ready to buy. 941-366-0106