The Sarasota County real estate market has seen a series of high-value transactions, including a waterfront home on Casey Key that sold for nearly $6 million. Recent property records show a dynamic market with significant sales across various price points, from multi-million dollar estates to condominiums.
These sales reflect a continued interest in the region's properties, with many homes showing substantial appreciation in value over the past several years. The transactions span multiple neighborhoods, including Nokomis, Siesta Key, and downtown Sarasota, indicating broad market activity.
Key Takeaways
- A Casey Key home sold for $5.84 million, leading the recent high-value sales in the area.
- Multiple properties in Nokomis and Sarasota surpassed the $1 million mark, with one reaching nearly $3.5 million.
- Several homes demonstrated significant value increases, some more than doubling their previous sale price.
- Transactions included single-family homes of various ages and sizes, as well as condominium units in desirable locations.
Luxury Market Highlights Over $2 Million
The top tier of the market was led by several substantial sales, underscoring strong demand for luxury properties in prime locations. These homes are characterized by their large living areas, premium features, and desirable addresses.
1822 Casey Key Road - $5,836,000
The highest-priced sale was a home located at 1822 Casey Key Road. James Michael Legg of Nokomis purchased the property from Frances Thayer for $5,836,000. The residence, built in 1999, features three bedrooms and three bathrooms across 4,460 square feet of living space and includes a pool. Records show the property previously sold for $900,000 in 1997, illustrating a significant long-term increase in value.
8900 Fishermens Bay Drive - $3,485,000
In another major transaction, Bradley Wilson of Dallas acquired the home at 8900 Fishermens Bay Drive for $3,485,000. Sold by trustee Rhonda Hurwitz of Bethesda, Maryland, this 1992 home offers four bedrooms and three-and-a-half bathrooms. The property spans 4,158 square feet and also includes a pool. Its last sale was recorded in 2015 for $1,725,000, more than doubling in price in under a decade.
8810 Fishermens Bay Drive - $2,225,000
Nearby on the same street, the property at 8810 Fishermens Bay Drive was sold to John Sullivan Jr. of Sarasota for $2,225,000. The sellers were Kerry Daniel Moynihan and Carrie Ann Moynihan of Miami. Built in 1994, this home provides 4,348 square feet of space with four bedrooms, three bathrooms, and a pool. It had recently sold earlier in 2024 for $1.9 million.
Rapid Value Appreciation
The home at 8900 Fishermens Bay Drive provides a clear example of market growth. Its sale price of $3,485,000 in 2024 is more than double its 2015 sale price of $1,725,000, representing a value increase of over 100% in nine years.
Significant Sales Between $1 Million and $2 Million
The million-dollar price range also saw robust activity, with both newer and historic homes changing hands. These sales were distributed across Sarasota, indicating widespread buyer interest in properties offering unique features and locations.
577 Venice Lane - $1,930,000
A recently constructed home at 577 Venice Lane was sold by Bruce and Dolores Day to Lisa and Daniel Tarr, all of Sarasota. The final price was $1.93 million. This 2021 home has four bedrooms, three-and-a-half baths, and a pool within its 2,641 square feet. The property's value more than doubled since it was last sold in 2021 for $925,000.
311 Island Circle - $1,600,000
A vintage home built in 1953 at 311 Island Circle sold for $1.6 million. Mark and Elena Teeter of Falls Church, Virginia, purchased the property from trustee Charles Agnew of Niceville. The expansive home features 3,146 square feet of living area, four bedrooms, four bathrooms, and a pool. The home had sold for $1.65 million earlier in 2024.
5033 Oxford Drive - $1,527,000
The residence at 5033 Oxford Drive, built in 1960, was sold by trustee Sally Ruth Lucke-Elkes to trustee Jo Ellen McKenzie for $1,527,000. This property offers three bedrooms and three bathrooms in a 2,496-square-foot layout. Its sale history shows a remarkable appreciation from its 1968 purchase price of just $24,000.
Downtown Condominium at 111 S. Pineapple Ave. - $1,200,000
A modern condominium, Unit 711 at 111 S. Pineapple Ave., sold for $1.2 million. Helene Duvin of Sarasota sold the unit to Gretchen Yeggy and Bhaskar Chopra, also of Sarasota. The 2019 condo features 1,482 square feet with two bedrooms and two-and-a-half baths. It was originally purchased in 2019 for $883,200.
Diverse Property Portfolio
The recent sales showcase the variety in Sarasota's real estate market. Transactions included modern downtown condos, newly built single-family homes, and older, well-maintained properties, reflecting a broad range of buyer preferences and investment opportunities.
Other Notable Million-Dollar Sales
- 8993 Wildlife Loop: This 2004 home was sold by trustee Peter Farrell to Billings Properties LLC for $1.12 million. It has three bedrooms, three-and-a-half baths, and 3,810 square feet. It last sold for $680,000 in 2009.
- 1615 Stickney Point Road: Green Monster Realty LLC purchased two properties at this address from WellPell LLC for a combined $1.1 million. Both built in 1955, they previously sold together for $200,000 in 2011.
- 1744 Irving St.: A historic home from 1915 was sold by trustees Brian and Rebecca Glassel to Mark Veca and Elizabeth Ann McAllen for $1,075,000. It features 1,098 square feet, three bedrooms, and a pool. It last sold in 2020 for $660,000.
Market Activity Under $1 Million
The sub-million-dollar segment remained highly active, with numerous sales of single-family homes and condominiums. These transactions highlight the healthy demand across all levels of the Sarasota real estate market.
Homes Sold Between $700,000 and $999,000
Several properties in this range showed strong buyer interest. A home at 5285 Far Oak Circle sold for $960,000. Built in 1994, the 2,665-square-foot house has four bedrooms and a pool. At 2101 River Ridge Drive, a 1972 home with 2,747 square feet sold for $885,000. Another notable sale was at 512 Madison Court, where a 1922 home with 1,572 square feet sold for $863,800.
Other sales in this bracket include:
- 1900 Cove II Place, Unit 133: A 1979 condo with 1,238 square feet sold for $775,000.
- 1626 Ridgewood Lane: A 1989 home with 2,369 square feet and a pool sold for $760,000.
- 8239 Cypress Hollow Drive: This 1990 home with 2,513 square feet and a pool sold for $728,700.
- 5804 Valente Place: A 2005 home with 2,521 square feet and a pool sold for $725,000.
- 6265 Midnight Pass Road, Unit 205: A 1981 condo with 1,469 square feet sold for $710,000.
- 3348 S. Seclusion Drive: This 1959 home with 2,184 square feet sold for $700,000.
Sales in the $500,000 to $699,000 Range
This segment featured a mix of single-family homes and condominiums, demonstrating a robust mid-range market. For example, the home at 1526 Ewing St., built in 1992 with 3,410 square feet, sold for $625,000. On Siesta Key, a condo at 1311 Siesta Bayside Drive sold for $625,000.
Key transactions in this price range include:
- 8191 Varenna Drive: A 2015 home with 1,886 square feet sold for $617,000.
- 6308 Lilac Place: A 1969 home with 1,548 square feet and a pool sold for $600,000.
- 4180 Via Mirada: This 1992 home with 3,002 square feet and a pool sold for $600,000.
- 3439 Fair Oaks Place: A 1959 home with 969 square feet and a pool sold for $595,000.
- 7453 Featherstone Blvd.: A 1996 home with 2,156 square feet and a pool sold for $575,000.
- 7 Sandy Cove Road, Unit 9B: A 1969 condo with 1,254 square feet sold for $565,000.
- 2405 Cardwell Way: This 1976 home with 1,844 square feet sold for $545,000.
- 2547 Prospect St.: A 1948 home with 1,588 square feet sold for $545,000.
- 6538 Waterford Circle: A 1980 home with 1,940 square feet and a pool sold for $538,000.
- 7356 Mara Vista Drive, Unit 27: A 1994 condo with 2,106 square feet sold for $529,000.
- 116 Villa Drive, Unit 116: A 1968 condo with 1,221 square feet sold for $525,000.
