Archive for 'About Siesta Key'

Buy A Siesta Key Florida Condo

Buy A Siesta Key Florida Condo

Posted on 17. Jul, 2009 by JohnA.

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Siesta Key Condo

Sieste Key Condo

Internet search activity for “Siesta Key” has increased dramatically since May when Dr. Beach published his 10 Best Beaches report.  Siesta Key moved from the no. 3 spot nationally to the no. 2 spot on Dr. Beach’s 10 Best List.

Many buyers of  Siesta Key condos have been coming to this famous beach for decades.  They have seen prices jump out of their reach, and now they are trying to get back in the fray before prices escalate beyond their means again.  Siesta Key’s weather, white sand are the big draw.  The beach atmosphere of the Village and the friendliness of the people as well as a laid-back resort lifestyle have visitors dreaming of owning their patch of sand.

Siesta Real Estate Market

Siesta Key condo inventory is down in the first quarter of 2009 compared to the first quarter of 2008.  Buyers in June were taking advantage of low prices and low interest rates.  You may see another drop in inventory when statistics are reported for the next quarter.  Prices start at $162,500 for a one bedroom one bath condo and go up to $4,250,000 for a penthouse at Seagrove.

Real Estate Activity on Siesta Key Last 3 Months

  • Condos, Townhouses and Villas for Sale:  447
  • Pending Condos, Townhouses and Villas:  40
  • Condos Sold: 54 (including townhouses and villas)

Activities on Siesta Key include beachcombing, shell collecting, boating, walking, swimming and shopping to name a few.  Sarasota’s downtown cultural venues are a short drive from the Beach too!

If you’ve been planning to wait another year or two to check out Siesta Key property, you might want to fast forward your timing.  Don’t miss a good buy.  The best properties on Siesta Key go first.  Enjoy the holidays and give yourself a Siesta Key real estate gift - a new condo on the second best beach in the United States. Interest rates and inventory won’t remain this desirable much longer.

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Siesta Key Condo Market Update

Siesta Key Condo Market Update

Posted on 08. Jun, 2009 by Marc.

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Thinking about purchasing a Siesta Key condo? Before you buy it is important to understand the market. The chart below shows Siesta Key condo inventory levels, sales and condos under contract/pending. The chart goes from February 2008 to April 2009. Based on closed sales there is roughly 30 months of inventory on the market. Based on pending sales we have about 26 months of inventory.

Siesta Key Condo Inventory

Siesta Key Condominium Statistics

I searched the Sarasota MLS this morning for the statistics below.

  • 453 condos currently for sale on Siesta Key
  • Highest asking price - $3,200,000
  • Lowest asking price - $30,000
  • Average sales price - $663,602
  • 44 condos currently under contract
  • 74 condos sold from January 1, 2009 to June 8th, 2009
  • Highest sales price - $2,225,765
  • Lowest sales price - $140,553
  • Average sales price - $511,850

Siesta Key Condos with Full Gulf Views

  • 118 condos for sale
  • Highest asking price - $3,200,000
  • Lowest asking price - $190,900 - Fractional ownership - 6 weeks
  • Median home price - $799,499 or $636 per square foot
  • 26 condos sold from January 1, 2009 to June 8th, 2009
  • Highest sales price - $1,500,000
  • Lowest sales price - $270,000 - gulf view but not on beach
  • Median sales price - $640,000 or $471 per square foot

View my Siesta Key condo page to see hundreds of condos for sale on Siesta Key. This page is updated daily with photographs, virtual tours, addresses, descriptions and Birdseye images. You can also give me a call at 941.812.6272 if I can help you buy or sell a Siesta Key condo.

Marc Rasmussen

Michael Saunders and Company

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Siesta Key Foreclosures

Siesta Key Foreclosures

Posted on 24. May, 2009 by Admin.

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Local Realtor, John Allen, offers a great way to find foreclosures on Siesta Key. Visit BuySarasota.com and see the listings

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A List of Siesta Key Beaches

A List of Siesta Key Beaches

Posted on 24. May, 2009 by Admin.

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If you are new to Sarasota here is a list of Siesta Key Beaches and beach access points.

Siesta Key Public Beach

948 Beach Road

Siesta Key beach offers some of the most beautiful sand in the world. Bright white, soft as flour and always IE204-948cold on your feet, the sand is stunning and great for visitors. Siesta Key offers:

  • A pavilion available for rental: group size picnic shelters(2)
  • 13 beach accesses along Beach Road with limited parking
  • 20 station fitness trail
  • 800 space parking lot - can fill up quickly
  • ball field
  • beach wheelchairs
  • 2 concessions
  • Shaded grills and picnic area
  • Lifeguards are on duty year round.
  • pavilion
  • playground equipment
  • restrooms
  • small size picnic shelters(8)
  • soccer field
  • tennis courts(4 lighted)
  • tree shaded picnicking
  • volleyball courts(10)

Turtle Beach

Turtle Beach is beautiful and quiet beach at the southern end of Siesta Key. Parketing is free and picnic tables, a playground, showers and restrooms are available. There is also a boat ramp and parking for boat/Jet Ski trailers. There are no lifeguards.

Palmer Point Beach

Located at the South end Siesta Key and the north end of Casey Key
This is a very secluded beach that allows you to completely relax. Many boaters loves this spot and it has a beautiful shoreline to walk on.

Beach Access Points of Siesta Key

Shell Road
Siesta Drive, west to Higel, west on Shell Road
Siesta Key, FL 34242 - No Swimming

Avenida Messina
Ocean Boulevard, west on Avenida Messina
Siesta Key, FL 34242 - No Swimming

Ocean Boulevard
Ocean Boulevard and Beach Road Intersection
Siesta Key, FL 34242

Calle de la Siesta
Beach Road and Calle de la Siesta
Siesta Key, FL 34242

Plaza de las Palmas 1
Off of Beach Road, north of Siesta Beach
Siesta Key, FL 34242

Plaza de las Palmas 2
Off of Beach Road, north of Siesta Beach
Siesta Key, FL 34242

Calle del Invierno
Beach Road, north of Siesta Beach
Siesta Key, FL 34242

Stickney Point
South on Midnight Pass Road, west on Stickney Point Road
Siesta Key, FL 34242

Point O’ Rocks
Midnight Pass Road,
south of Stickney Point Road, west on Point of Rocks Road
Siesta Key, FL 34242

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