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Market Conditions in Longboat Key : Real Estate Advice

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  • Local Info4
  • Home Buying12
  • Home Selling2
  • Market Conditions7

Activity 7
Fri May 22, 2015
Kathleen Comerford answered:
Hello Chip,
My background in real estate spans over 20 years including real estate investment banking and as a buyers agent. Please check my sitehttp://www.kathleensellssarasota.com/
We look forward to helping you find the perfect new home in Sarasota county. ... more
0 votes 11 answers Share Flag
Wed Oct 9, 2013
Richard Perlman answered:
NOPE. Sands Point does not allow dogs, only a cat or a bird!
You are far more likely to find lesser pet restrictions in properties on the bay side of the island than on the gulf side since dogs are not permitted on the beaches of Longboat Key.
Windward Bay is quite affordable and allows dogs!
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0 votes 6 answers Share Flag
Tue Sep 24, 2013
Jen and Mark Bowman answered:
No, Longboat Key Towers is not pet friendly. This particular unit also sold a few months ago. If you'd like current listings that show pet friendly communities, please let us know. We are here to help.

Jen and Mark Bowman
Keller Williams on the Water
941-840-0117
... more
0 votes 3 answers Share Flag
Sun Mar 31, 2013
Sandra LaFlamme answered:
March 31, 2013 and still a great question Jura!

Some properties have done vastly better this year in volume of sales. But have lower sales prices.

We see this has to do with finishes, and the amenities of the particular location.

Still some of the highest sold's in the area -- for the first time in 10 years, we Siesta Key catching up to the price point cache'.

Miles and miles of beautiful beach. Amazing golf, tennis and birding. All within just a few minutes of some of the best restaurants, arts, theatre Sarasota can offer.

Sincerely,

Sandra LaFlamme, Realtor
Coldwell Banker
... more
0 votes 9 answers Share Flag
Sun Mar 31, 2013
Sandra LaFlamme answered:
Hi Diane,

Valid question still -- it varies from property to property.

Finishes matter. Amenities.

We have seen more sales at some lower price per square foot. Less inventory and fewer buyers. With the loss of some of the tax breaks this year in buyers overall picture -- I believe we are seeing some folks restructure their finances.

Additional consultation with your CPA will help balance our opportunity with what's right for you. Profit taking in the markets may very well set you up for a premium property at a real advantageous price.

Sincerely,

Sandra LaFlamme, Realtor
Coldwell Banker
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0 votes 5 answers Share Flag
Sat Jul 11, 2009
David B. Leventhal answered:
Joe
basically on a cash investment, depending on the condo you are looking at about 4-8% on your investment after everything is paid for as far as taxes, monthly fees, etc.... if you get a mortgage forget it you will be in the negitive or just break even max
Saying all this the LBK Club is a great place to be in , Has all the amendities you need. However i do know of a condo north on LBK full gulf views sitting there that you could get a better return on but does not have the charm of the longboat key club. it is in the mioddle of the island, but it is a complex you can rent monthly which is not common on LBK. most condos have higher restrictions. small complex and both bedrooms face the gulf of mexico. nees a little TLC but all you hear are the waves of the gulf when you are in the condo
aany interest let me know
David Leventhal
The Leventhal Team
Coldwell Banker Previews
Hope this helps
... more
0 votes 7 answers Share Flag
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