Longboat Key · 34228 · Gulf to Bay
Longboat Key, by the numbers
Every closed sale and every active listing on the island, from live Stellar MLS records: Gulf-front, bayfront, condo and single-family tracked separately, and two agents who work Longboat Key and Lido Key every day.
Anne Schneider & Ryan Adamson · Coldwell Banker Realty, St. Armands
About Longboat Key
Longboat Key is a 10-mile barrier island between Sarasota Bay and the Gulf of Mexico, and one of Florida's quietest luxury resort communities. The island is overwhelmingly residential, favoring low-rise condominiums and Gulf-front and bayfront homes over commercial development, and beach access is the main event: miles of soft, uncrowded sand define daily life, kept serene in part by deliberately limited public parking and very little retail. At its heart, The Resort at Longboat Key Club anchors island life with 45 holes of championship golf (the Gulf-side Islandside course and the bayfront Harbourside layouts) alongside the deep-water Longboat Key Club Moorings, a 291-slip marina that berths vessels up to 150 feet. The 2024 arrival of The St. Regis Longboat Key Resort, set on 18 beachfront acres with 800 feet of private Gulf frontage, has further sharpened the island's standing among discerning buyers. The result is a market defined by privacy, water, and a slower, more residential rhythm than anywhere else on the Sarasota coast.
Longboat Key
Market Snapshot
Live Stellar MLS data · closed sales past 90 days · as of October 16, 2026
Months of supply is today’s inventory divided by the trailing 12-month closing pace (under 5 favors sellers, over 7 favors buyers).
Condo vs. Single-Family
Two different markets on one island, so we never blend them · closed sales past 12 months and past 90 days
| Property Type | For Sale | Sold, 12 Mo | Median Price, 12 Mo | Median $ / Sq Ft, 12 Mo | Sold, 90 Days | Median Price, 90 Days | Median $ / Sq Ft, 90 Days |
|---|---|---|---|---|---|---|---|
| Condos, villas & townhouses | 164 | 937 | $1,000,000 | $647 | 81 | $850,000 | $539 |
| Single-family homes | 63 | 324 | $2,105,000 | $726 | 25 | $1,945,000 | $717 |
By the Water
Closed sales by waterfront type · past 12 months · Gulf-front and bay-front are priced worlds apart
| Waterfront | For Sale | Sold, 12 Mo | Median Sale Price | Median $ / Sq Ft |
|---|---|---|---|---|
| Gulf / Beachfront | 76 | 540 | $1,397,000 | $886 |
| Bay / Canal-front | 88 | 412 | $1,200,000 | $603 |
| Water view (not waterfront) | 27 | 108 | $1,176,775 | $623 |
| Other waterfront | 4 | 22 | $1,175,000 | $460 |
| No water | 34 | 182 | $837,500 | $482 |
For Sale by Price Band
Active listings today · where the inventory sits
| Price Band | For Sale |
|---|---|
| Under $900k | 97 |
| $900k to $1.5M | 50 |
| $1.5M to $3M | 40 |
| $3M and above | 42 |
Condos by Construction Era
Active condo, villa and townhouse listings grouped by year built
| Built | For Sale | Avg Asking | Avg $ / Sq Ft | Avg Days on Market |
|---|---|---|---|---|
| Pre-1990 | 127 | $826,887 | $636 | 139 |
| 1990 – 2005 | 26 | $2,022,108 | $765 | 128 |
| 2006 – 2019 | 2 | $6,750,000 | $1,778 | 148 |
| 2020 & Newer | 8 | $8,104,875 | $2,185 | 301 |
Asking prices of current listings, so averages rather than closed-sale medians. Newer eras carry a handful of listings each.
Most Recent Closings
The latest recorded sales on the island, most recent first
| Address | Community | Bed / Bath | Sq Ft | Sale Price | Closed | Built | Waterfront |
|---|---|---|---|---|---|---|---|
| 3481 BAYOU SOUND | BAY ISLES | 5 / 3.5 | 3,391 | $1,790,000 | Oct 15, 2026 | 1986 | Waterfront |
| 602 SPANISH DR S #115 | SPANISH MAIN YACHT CLUB CONDO | 2 / 2 | 1,427 | $315,340 | Oct 15, 2026 | 1969 | Not waterfront |
| 705 JUNGLE QUEEN WAY | SHIPMANS ADD | 4 / 3.5 | 3,083 | $2,685,000 | Oct 14, 2026 | 2011 | Waterfront |
| 340 GULF OF MEXICO DR #115 | TANGERINE BAY CLUB | 3 / 2.5 | 2,314 | $1,900,000 | Oct 14, 2026 | 1991 | Waterfront |
| 1906 HARBOURSIDE DR #304 | FAIRWAY BAY 1 | 3 / 3 | 2,135 | $1,150,000 | Oct 14, 2026 | 1982 | Waterfront |
Typical Condo Dues
Monthly condo fees for active and recently sold Longboat Key condominiums, villas and townhouses, from the lowest-fee associations to full-service luxury buildings. Median monthly association fee across all listings: $1,600.
Median Monthly Dues
$1,708/ mo
Minimum
$125/ mo
Maximum
$10,909/ mo
Source: Stellar MLS. Monthly condo dues only; entries under $100/mo are treated as data-entry errors and omitted. Figures are approximate and vary by building, square footage and amenities.
Available Now
Currently for Sale in Longboat Key
Live from Stellar MLS. Updated continuously.
Neighborhood Pages
Longboat Key, Neighborhood by Neighborhood
Island-wide numbers tell you the direction. Neighborhood pages tell you what your street is worth. Each one tracks every closed sale in that community from the MLS, segment by segment.
Straight Answers
Longboat Key Market Questions
What do properties cost on Longboat Key?
Over the past 90 days, 106 properties have closed on Longboat Key. By property type, condos, villas and townhouses closed at a median $850,000 ($539/sq ft), while single-family homes closed around $1,945,000 ($717/sq ft). By location, Gulf-front and beachfront properties closed at a median $817 per square foot, compared with $510 for bay- and canal-front homes. These are blended medians, actual value varies widely with a property's build era, specific views, amenities and level of updating. For a precise valuation on an investment this significant, lean on Anne and Ryan's local market guidance.
Is it a good time to buy on Longboat Key?
With 229 active listings and roughly 44 closed sales a month (trailing 12 months), Longboat Key has about 5.2 months of supply, a balanced market (under 5 favors sellers, over 7 favors buyers).
How quickly do homes sell on Longboat Key?
Recently sold homes took a median 95 days on market and closed at 96.1% of original list price (trailing 90 days).
Can I keep a boat, how many Longboat Key homes have a dock?
Of 168 active waterfront listings, 66 include a private dock; bay- and canal-front homes with a dock and lift command a clear premium over those without.
What are typical HOA and condo fees on Longboat Key?
The median monthly condo fee is $1,708 and the median monthly association fee is $1,600.
What is the median home price on Longboat Key?
As of October 16, 2026, the median list price across 229 active Longboat Key listings is $1,050,000, and the median sold price across the most recent closed sales is $922,500. Gulf-front properties typically command well above the median, while bay-side condos in the island's vintage buildings remain the most attainable entry point. Data sourced from Stellar MLS via PostGIS-verified geographic boundaries.
Is Longboat Key a good place to invest in real estate?
Longboat Key has historically been one of the most stable luxury markets on Florida's Gulf Coast. Limited buildable land on the barrier island constrains supply, while demand from affluent buyers seeking waterfront living remains strong. The island's strict building regulations help protect property values long-term.
Two Ways In
Work With Us on Longboat Key
Reach out for a private consult
Curious what your home or condo would bring today? We'll walk the real closed-sale data above against your building, view, floor and condition. Gulf-front, bayfront, condo and single-family are different markets, and we price them that way. Privately, with no obligation and no listing pressure.
Add me to the coming-soon list
The best Gulf-front and bayfront residences on Longboat Key often change hands before they reach the MLS. Tell us what you are looking for and we'll reach out first on available and off-market homes.
Your Longboat Key Team
Let’s Talk Longboat Key
Thinking about buying or selling on the island? Anne and Ryan work Longboat Key and Lido Key together, and can pull current availability, share off-market opportunities, and give you a no-obligation valuation grounded in the real closed-sale data above.
Coldwell Banker Global Luxury
Data as of October 16, 2026. Statistics computed from Stellar MLS records for properties inside the Longboat Key boundary, condos and single-family homes tracked separately. Waterfront segments are classified from MLS waterfront features; verify any individual property’s water frontage independently. Medians are shown wherever the data allows; a single sale can move a small segment.