Enjoy a tropical, laidback lifestyle on Longboat Key. Pictured: 612 Juan Anasco Dr.
Longboat Key is a unique barrier island located in both Sarasota and Manatee counties. There are 11 miles of exceptional beaches, beautiful neighborhoods, fine dining venues, and entertainment and shopping destinations among an active community of full- and part-time residents. The meandering bicycle and walking path makes this a special place to enjoy the outdoors.
The island combines the country club environment of the Longboat Key Club with a casual atmosphere that includes educational and recreational facilities for adults and children, tennis courts, beaches, boating, arts, shopping and dining. Longboat Key welcomes visitors from all over the world, many of whom fall in love with this desirable location on Florida’s southwest coast. The agents serving our South Longboat Key office are area experts who specialize in finding the perfect property for those who choose the key as their next home.
How’s the Longboat Key Market?
Reporting from our South Longboat Key office, branch manager Georgina Clamage is pleased to announce that 39 properties went under contract on Longboat Key in October, compared to 26 that went under contract in September. Of theses closed properties, 23 percent were listed for more than $1 million. This is an increase when compared to September, when only 19 percent of the listings that went under contract were listed for more than $1 million. Additionally, there were 32 sales on Longboat Key that closed in October, compared to 23 closed sales in September.
Pricing Correctly Brings Results
In today’s market, it is imperative to ensure that your listed property is priced correctly. At Michael Saunders & Company, our agents are proven specialists in determining the most reasonable, effective prices for the properties they represent. After being listed since 2007, South Longboat Key office agent Hannerle Moore completed the sale of one of her listings in Emerald Harbor in October. The list price was reduced significantly, and the property went under contract within 18 days. That is Hannerle’s tenth listing to sell in Emerald Harbor and third this year.
Agent Success Stories
Gail Wittig and Ian Addy’s solution-oriented approach helped them to complete two significant sales this month. One of Gail and Ian’s buyers had a condominium to sell on Longboat Key. When Gail and Ian showed that buyer an available listing in Queen’s Harbor this year, they fell in love. Consequentially, Gail and Ian negotiated a trade for the buyer’s condominium enabling them to close on their dream house on Longboat Key.
Saint Cacchiotti also used her expertise in October to complete the sale of a bank-owned property on Oriole Drive she had co-listed with Main Street office’s Kim Ogilvie. The property went under contract just 59 days after it was listed, and was scheduled to close on a Monday in September. Everything was in place for the closing that Monday until the bank who owned the property was closed down by the FDIC on Friday afternoon at 5PM. Nothing was changing hands due to the acquisition, so it took Saint and Kim’s diligence and professionalism to finalize the sale while working with the buyer and their Realtor through the intricacies of this complex situation.
