9 Distressed Condos with Gulf Views

Looking for this kind of view?

I used my property search and found 9 condos on Lido Key, Longboat Key and Siesta Key that were either a short sale or bank owned property and had what the listing Realtor calls a 'full gulf view.'

Here are the condos:

• 4235 Gulf Of Mexico Dr, Longboat Key
• 5790 Midnight Pass Rd, Sarasota
• 1135 Gulf Of Mexico Dr, Longboat Key
• 5393 Gulf Of Mexico Dr, Longboat Key
• 5621 Gulf Of Mexico Dr, Longboat Key
• 5155 Gulf Of Mexico Dr, Longboat Key
• 8900 Blind Pass Rd, Sarasota
• 2721 Gulf Of Mexico Dr, Longboat Key
• 6312 Midnight Pass Rd, Sarasota

This is not a significant number of distressed sales considering that there are a total of 179 condos for sale on Lido Key, Siesta Key and Longboat Key with an unobstructed gulf view.

Sarasota Distressed Condos For Sale

We frequently get requests for condos on the beach with fantastic water views. Buyers are initially drawn to the foreclosures and short sales in hopes of getting a better price. That is normal and to be expected. How realistic is it to find one?

I searched our MLS system and asked for all condos sold on Lido Key, Longboat Key and Siesta Key within the last 12 months with a full, unobstructed gulf view. There were 257 sales. Here are the statistics.

Of those 257 transactions only 24 or 9% of them are either short sales or bank owned properties. Here are the sales statistics:

DWELL Real Estate agents have extensive experience selling beach condos. Contact us here or call 941.822.0708 to speak with one of our agents.