Five Beachfront Longboat Key Condos Under $500,000

Looking to relocate to the beach or in need of a fabulous beachfront condo to escape the harsh winters? Below are five Longboat Key condo communities where you can spend less than $500,000 and be on the beach. Now might be a great time to start your researching. View the latest Sarasota real estate market update information. Inventories are trending lower while pending sales and sold properties are up. If these trends continue the market will be more seller friendly.

Longboat Key Condos

Longboat Key, Florida is a magnificent place to live or enjoy the winters. This 11 mile long barrier island is surrounded by the beautiful blue water of the Gulf of Mexico and Sarasota bay. Snowbirds come to this island paradise to play in the water, walk on the beach, go boating, golf with friends, enjoy a delicious meal at one of Sarasota's outdoor cafe's do some shopping or just relax on the beach and listen to the soothing waves. Below are 5 Longboat Key condos where you can purchase a unit under $500,000.

Sunset Beach

This is a pleasant community on the south end of the island. Sunset Beach Longboat Key is home to 65 units in 3 buildings that were constructed in 1984. All of the units have some sort of water view. Building 2105 is parallel to the beach so all of those units offer breathtaking views.

• 2101 Gulf of Mexico Drive #2204 sold in April 2010 for $449,000. This was a 2 bedroom, 2 bathroom condo with 1,358 square feet and within footsteps of the beach.

Seaplace

There is plenty to do in this community. Seaplace Longboat Key offers 2 resort style swimming pools, tennis courts, exerise facilities, clubhouse and a plenty of beach frontage. Seaplace is a large community of condos and townhouses on 42 acres. As of today, September 13, 2010, there are 22 condos listed for sale under $500,000.

Beachplace

Beachplace on Longboat Key is another large development at 11 acres. The condo units with the magnificent water and beach views sell for more than $500,000. However, you can get in the community for less than $500,000. Currently, there are 4 units for sale priced from $429,000 - $499,000. All of them are 2 bedrooms, 2 bathrooms and range in size from 1,172 to 1,503.

Aquarius

The Aquarius Longboat Key condo community is a little more intimate than the larger complexes like Beachplace and Seaplace. There are only 57 units in this building. Many of the units have some sort of water and beach view. Regardless, every unit is within footsteps of the beach. Currently, unit 2-G is on the market for $469,000. This is a 2 bedroom, 2 bathroom condo with 1,551 square feet.

Inn on the Beach

These are the hotel rooms that you will find at the Resort at the Longboat Key Club. The Inn on the Beach condos are not for everyone. If the condo is in the rental program then there are restrictions on usage. Owners are allowed to use the condo 2 weeks in season and 2 weeks out of season. If owners want to use it longer then they have to compensate the resort. The Resort at the Longboat Key Club manage these condos and rent them to hotel guests. Owners will receive 50% of the revenue. Currently, there are 14 units for sale in this community.

If you are looking to buy or sell a Longboat Key, Florida condo then give Marc Rasmussen a call at 941.812.6272.