How would you like to live in a peaceful coastal city of just 52,000 people, right on the warm waters of The Gulf of Mexico? If this sounds like your idea of pure bliss, Sarasota could be an excellent option when you buy property in Florida. This Florida city is located in between Tampa and Naples, which are both highly sought-after, lively locations that you’ll love having just down the road.
Residents enjoy a very respectable year-round average temperature of 22ºC, and the mercury only ever drops below freezing once in a blue moon – perhaps once a year if you’re unlucky! The city has a lot going for it, so today we’re taking a closer look at what it offers those looking to buy property in Florida. We’re reviewing a typical city centre property and revealing how the property market is performing.
Sarasota’s best bits
Firstly, there are 13 public beaches in Sarasota, collectively boasting 39 miles of pristine golden sand. This, teamed with the year-round sunshine, means you’ll be able to enjoy life on the water. Sarasota Bay is perfect for water sports or getting out on that boat you’ve been thinking about buying when you finally move to Florida!
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Also, inland you’ll find Myakka River, where you can fish, canoe or kayak your days away. In addition to being repeatedly named as one of the best places in the USA to retire, the city is known for being quite the cultural hub. It has regular opera, theatre and music events, in addition to art shows and gallery openings.
If that’s not enough to convince you Sarasota is the right place for you to buy property in Florida, then perhaps having Sarasota-Bradenton International Airport on your doorstep will clinch it. Good airport access makes it easy to hop to Europe or other cities in the United States. Finally, in addition to affordable property, being located in Florida means you’ll benefit from no state income tax, low energy costs and low property taxes.
Sarasota’s property market
Currently, the median home value in Sarasota stands at $256,900 according to property website Zillow. The market is performing well. Prices have risen by 5% over the last year and are expected to continue rising by up to 4% in the year to come.
The median rent price in the city is $1,950 per month. This could make you a nice little return on investment.
The median rent price in the city is $1,950 per month. This could make you a nice little return on investment if you’re looking to rent it out the property while not in town. There is a range of homes to suit all the different tastes and budgets of those wanting to buy property in Florida. You’ll have the choice of everything from townhouses to villas, modest beach-front homes to palatial mansions.
Sarasota city property
This quaint beach house could be the perfect home or summer getaway for you and your family and is on the market for just US$349,000. The three-bedroom, two bathroom property enjoys vintage hardwood floors throughout, a block glass wall gifting the living areas lots of lovely natural light and a charming fully-equipped kitchen.
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Out the back, you’ll enjoy a huge shady garden, with plenty of room to host parties with your new neighbourhood friends. The property is set on a spacious lot with ample off-road parking. The back garden has a detached annex complete with bedroom and bathroom. It would make an ideal office, art studio or home gym.
The property is superbly located right on the shore of the Bay of Sarasota. It’s also just minutes away from Downtown, and a short drive to the airport, ensuring it’s nice and easy to fly in or out if and when the whim takes you.