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Sarasota County · also Manatee

Selling a home in Longboat Key

Gulf-front condos and estates, where flood rules and which county the parcel sits in decide what you'll pay.

Median sale, all homes

$1,278,000

Median house

$2,700,000

House $/sq ft

$877

Typical house 3,348 sq ft

Homes sold

185

Apr 2026 to Sep 2026

From Sarasota County Property Appraiser records.

My net proceeds in Longboat KeyRecent sales in Longboat Key

What sells here, and for how much

  • Houses$2,700,000 · 39 sold
  • Condos$1,117,500 · 140 sold
  • Manufactured$160,000 · 6 sold
  • 1% of sales were new builds. Resale homes compete with builder incentives here.
  • 92% of houses sold had a pool.
  • Typical house sold was built in 1991.

How the Sarasota County market is moving

Median days on market

47

Single-family, August 2026

Months of supply

3.7

Median $470,000, down 1.1% from a year ago

Sold price vs. original asking

94%

Median for houses, July to September 2026

County-wide figures from the Realtor Association of Sarasota and Manatee.

What buyers will ask about

Have these answers ready; they shape what buyers can afford to offer.

  • Property tax rate

    12.77 to 13.06 mills

    On the Sarasota side, by taxing district; the Manatee side runs 14.84 to 15.12. On a $400,000 home with homestead from 2028, about $3,300 a year.

    2026 tax year · Sarasota Tax Collector, Sarasota News Leader, Homestead amount (Fla. DOR)

  • Longboat Key's county

    63% Sarasota

    About two-thirds of Longboat Key's parcels are in Sarasota County, the rest in Manatee. Tax rate, down payment help and who usually pays for title all follow the parcel's county.

    Town count, 2021 · Town of Longboat Key, Wikipedia

  • Flood code on repairs

    The 50% rule

    If repairs or a remodel cost half the building's market value or more (land not counted), the home must be brought up to current flood code, often by raising it. Ask about past storm damage and permits.

    FEMA flood rule · Sarasota County, Manatee County

  • Title insurance

    Buyer usually pays

    In Sarasota County the buyer customarily pays for the owner's title policy and picks the title company. It's custom, not law, so it can be negotiated in the contract.

    Local custom · Fla. Dept. of Financial Services, Barnes Walker