Sarasota Real Estate News

Looking for Your Home at the Beach

So you think you want a small home on the beach with the waves lulling you to sleep every night. You look at your savings and say that you've been faithful putting the money away for your dream of living by the sea. Next step: email a Florida real estate agent with a request for small home on the beach, minimum two bedrooms and two baths. Oh yes, we have children so this must be in a nice area within walking distance to shops, restaurants and attractions. Our price range is under $250,000.

Well, unfortunately, in Sarasota even with the downturn in the market, you have to add a few more zeros to your price range. Those tiny beach cottages have been replaced with estates or gated communities featuring mini mansions such as Solymar on Siesta Key. These new Siesta Key homes offer premium construction designs.

Yes, we've had major prices increases in the last three years and now these real estate prices are on a downturn, but even three or four years ago $250,000 for what I described above was out of the question for Sarasota, Siesta Key and Longboat Key. Beach property is prime property, and it is still prime! Now is the time to start your search for Sarasota real estate because if not at the bottom of the downturn, we are near the end according to many experts.

For more information on Solymar or Siesta Key new condos, email Annette Smith.