Sarasota's luxury inventory is moving at record paces and new construction is selling out almost immediately. What's a buyer to do?
Our $85 million sell-outs of Sage LBK took fewer than 6 months, and the St. Regis Longboat Key, new Ritz-Carlton, and ultra-premium Downtown developments like EPOCH are moving just as quickly. This is a great reflection of the desirability of our market and it's great news for sellers, but it puts buyers in a highly competitive arena for both finding and closing on luxury properties.
There are hidden gems throughout Sarasota. Our connection to prospective sellers and to peers who know of emerging inventory may help you find a luxury home without having to enter the fray.
Where to look for luxury homes...
Downtown Sarasota has risen in popularity as more people move into the region. The combination of cosmopolitan appeal, walkability, and cultural amenities alongside the exquisite beauty of the Bay are a major draw for residents relocating from other cities. High-rise inventory is particularly desirable for the stunning water views that come with elevated living. The pace of sales in Downtown Sarasota has risen exponentially year-over-year, with recent construction - where quality is known and features are still new - moving especially fast. There are rare opportunities within these buildings, though.
VUE offers select openings, including the highest 19th-floor penthouse with panoramic views of the Bay and barrier islands. These homes and other well-appointed properties in the $3M to $5M range are distinct values for premium buyers who may capitalize overtime on the rising market trends in Downtown Sarasota.
Siesta Key is a prime draw as a world-class retreat with unparalleled beach beauty and exquisite private homes, all within moments of Sarasota's other amenities. There is a unique appeal for seasonal second-home buyers interested in the secluded island feeling and waterfront lifestyle. Homes within walking distance of Siesta Key offer immediate dining and shopping options to complement at-home private luxuries. Ultra-luxury condominium units with onsite amenities are especially attractive for seasonal owners inclined towards low-maintenance and turn-key convenience.
to contact us today if you are interested in finding exclusive gems in any of Sarasota's neighborhoods.