Siesta Key Homes for Sale - October 2009 Update

Siesta Key homes on canals and on open water are sought after by boaters and retirees wanting a waterfront lifestyle. Gulf front homes are always in short supply as high-rise condominiums line the majority of the coast line. Some of these outstanding beachfront homes are in the prestigious Sanderling Club, Sandy Hook and Beach Road.
Dr. Beach moved Siesta Key Beach up to the number 2 on the Best 10 Beaches in America list and the homes for sale on Siesta Key started getting another look by buyers searching for a second home. Investors have scooped up some of the short sales and foreclosures and inventory has dwindled somewhat. The selection of homes for sale on this Key remains excellent.
If you are a boater, looking for a waterfront homes on Siesta Key, be sure to consider the size of your boat. There are fixed bridges on Siesta Key and some boats and sailboats cannot maneuver the canals under these bridges. Open Bayfront waters are excellent for larger yachts and sailboats.
There are currently 207 Siesta Key homes for sale in the MLS system. Prices are now ranging from the high $200,000s to $15 million for a waterfront estate after a significant correct of prices. Siesta Key homes for sale can be found on popular streets like Roberts Point, Flamingo, and Mangrove Point. Many homes on these areas offer swimming pools, boat docks and gorgeous tropical landscaping. Siesta Key Village and Siesta Key Beach are popular spots for residents to enjoy shopping, beachcombing, colletcing seashells, fishing and swimming.
Siesta Key Real Estate Update - October 2009

• Single Family Homes for sale: 207


• Least Expensive Home: $269,000


• Most Expensive Home: $15,000,000


• Homes Under Contract: 41


• Single Family Homes Sold Last Six Months: 75

If you are an out of state buyer interested in a Siesta Key homes for sale on Siesta Key, contact John Allen at 941-544-6467. John is an expert on Siesta Key real estate and shows luxury waterfront homes regularly. For your Sarasota home search, please be sure to contact us in advance of your Sarasota trip.

Siesta Key Condos Update

Data from the Sarasota MLS system indicates that Siesta Key condos are on the move. There are 413 condos on Siesta Key that are currently available. 43 condos, townhouses or villas are under contract and the sales for the last six months total 114 units. Dr. Beach recently added to Siesta Key’s allure when he bumped Siesta Key Beach up a notch to #2 on his 10 Best Beaches in America list in May.

Siesta Key condos range from tiny motel type condominiums, duplexes to contemporary newer high-rise condos that mingle with the older condos, many in the midst of remodeling their lobbies and amenities to provide buyers with the activities and surroundings they desire. Gulf front condos are the most popular and command a higher price if the view is extraordinary. Bayside condos are popular too as boaters seek condominiums providing boat dockage and easy access to the Gulf of Mexico. Siesta Key’s condo selection is still excellent and prices have adjusted considerably. Prices currently range from $150,000 to $4,250,000 for a condo, townhouse or villa. Prices do not include time share or fractional ownership buildings which start as low as $30,000 for a few weeks' use.

Residents of Siesta Key sit on their balconies and take in the sites of the surf, wildlife, beachcombers, swaying palm trees and bask in the warm weather. Walks to the Village are popular as well as dining in cafes and restaurants of Siesta Key Village. Surf shops, specialty shops and restaurants are busy with travelers from around the world.

Siesta Key Condo Market Update (Including Townhouses & Villas):

• Least Expensive Condo: $150,000
• Most Expensive Condo: $4,250,000
• Condos Under Contract: 43
• Condos Sold Last Six Months: 114

If you are searching for real estate on Siesta Key Florida, contact John Allen at 941-544-6467. John shows Siesta Key condominiums as well as all of Sarasota's other barrier islands. Contact a professional with experience in waterfront properties necessary to guide you to a successful purchase of a Siesta Key condo.

Siesta Key Condos for Sale at The Crescent

Siesta Key is a favorite vacation spot with a world-famous beach. The Crescent, built in 2007, offers condos for sale right on this world-famous beach. With a liberal rental policy, owners can recoup some of their maintenance expenses by renting their units during season.



One of the first questions a seasonal renter asks about condos when searching for a rental is "how far is it from the beach?" This is a must see complex if you are planning to purchase a second home and wish to rent it part-time. If you are an investor in Siesta Key condos and just want to rent, it's a "no-brainer."


Siesta Key FL is located approximately 90 minutes from Tampa International Airport. Take the Clark Road Exit in Sarasota from Interstate-75, cross the Stickney Point Bridge, turn right (north) and Crescent will be on your left.


The Sarasota MLS currently reports only 5 condos available for sale at Crescent Siesta Key. Prices range from $1,249,000 to $2,599,000. Amenities at Crescent feature: on-site management, concierge, swimming pools as well as famous Crescent Beach.

We can show you any Siesta Key Florida condos for sale including buildings on Sarasota Bay with boat docks. Some buyers prefer condominiums which are like single family homes. Hamilton Club and Somerset Cove are town-house style condominiums offering high ceilings and beautiful water views to their residents.


Shop, dine or just stroll in Siesta Key Village. Walk the beach, fish or just sit and listen to the sounds of the surf. If you get bored, which is rare on Siesta Key, Sarasota Florida is a short drive to cultural venues.

Call John Allen 941-544-6467 for Siesta Key real estate information. Check John's websites for updates on all Sarasota homes and condos for sale. Covering real estate in Sarasota for over 25 years, our sites provide photos, virtual tours and area information on Sarasota's beach condos. Your Sarasota real estate is covered from Siesta Key to the mainland, downtown Sarasota, Bird Key, Lido Key and St Armands. Take a look at our recent post on the Lido Beach Club over at our RealTown blog.