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The Highs and Lows of Properties Sold on Siesta Key

Provided by Key Solutions Real Estate / www.keysolutionsrealestate.com

Following are properties sold on Siesta Key in the last 60 days, providing a snapshot of home values on the Key for both single family homes and condominiums. 

HIGHEST PRICED SINGLE FAMILY PROPERTY: 1238 SHARSWOOD LN., SOLD FOR: $5,700,000 
Located within the exclusive gated community of Spice Bay on Siesta Key with just 14 homes, the two-story London Bay Homes’ Mandeville residence offers distinctive West Indies architecture, a private dock and panoramic views of Sarasota Bay and the Intracoastal Waterway. Fully furnished by our award-winning in-house interior design company, the four-bedroom waterfront luxury estate was designed to maximize views and features a study near the luxurious master suite, which includes a covered terrace to enjoy spectacular sunrises over the Bay. The great room opens to an adjoining parlor, dining room and gourmet-inspired kitchen with butler’s pantry, and nearby wine room. Stairs, in addition to an elevator, reveal a second-floor loft with wet bar, which provides a relaxing retreat for three guest suites – all featuring Bay views from either a private balcony or covered terrace. The opulent outdoor living area includes an outdoor kitchen, motorized retractable screens and an infinity-edge pool with spa.The sale on this unit came out to $1,137.72 a square foot. Courtesy of London Bay Realty.

LOWEST PRICED SINGLE-FAMILY PROPERTY: 695 TROPICAL CIR,  SOLD FOR: $525,000 .
Great opportunity to live one mile from Siesta Key beach in the tropical enclave of Siesta Bayside. Rarely available move in ready home situated on an over-sized lot with direct access to kayaking and fishing on your private lagoon. This 3 bedroom 2.5 bath pool home has a brand new roof, freshly painted inside and an open and inviting floor plan that captures the views of your private oasis. Enjoy the peaceful setting outside from the heated pool, stand-alone spa or relaxing on the deck observing the wildlife drawn to the lagoon. Tropical Cr. is a very desirable area of Siesta Key. Close to the beach and shops and restaurant of Siesta Village. You can easily access the bridge at the north end of the island to take advantage of downtown Sarasota. Enjoy shopping, dining, theater, the arts district, St. Armands Circle and many more amenities available. The sale of this property came out to $248.93 a square foot. Courtesy of Keller Williams.

HIGHEST PRICED CONDO: 8750 MIDNIGHT PASS RD, #400, SOLD FOR:  $1,200,000 
End Unit Penthouse with wrap around views of the Gulf. This condo has 3 bedrooms and 3 full baths with over 3000 SqFt. of living space and looks directly out on the Gulf and beach. Completely renovated with a contemporary motif designed by Anne Folsom smith. The openness of this unit allows for expansive views from all sides. Large open balcony runs along the entire side of unit where you can cookout privately while watching the dolphins play during sunset. Total SqFt. of this condo is 3966 with cathedral ceilings, chefs kitchen, office and laundry, wet bar and fireplace. Covered parking under building with two parking spaces and room for storage. Secured building and parking. Boat docks on first come basis are $250 a year and fit 25ft boat. Tennis, Indoor/Outdoor pool, Clubhouse, Sauna, Outdoor grills and Car washing stations. The sale on this unit came out to $388.10 a square foot. Courtesy of Waterside Realty.

LOWEST PRICED CONDO: 6713 MIDNIGHT PASS RD, #11,  SOLD FOR:  $192,500 
Investment Opportunity or Move in Ready 2nd floor condo offering low density, turnkey furnished with an annual tenant in place who would like remain. Right across from the beach on Siesta Key in close proximity to shopping, restaurants and everything the key offers! The sale came out to $321.91 a square foot.  Courtesy of JMRG Inc.