Longboat Terrace

Listings For SaleSold History and Market Report

Longboat Terrace Condos for Sale – Longboat Key, Florida 34228

Longboat Terrace

A realtor’s alert on an available property at the Longboat Terrace could surely be one source of excitement for those seriously searching for condos for sale in Longboat Key. Comprised of just 36 units, this condominium rarely has any sales-listing, and a fresh buying opportunity here may immediately draw enthusiastic offers.

Buying interest on Longboat Terrace condos for sale is mainly sharpened by its location at 5393 Gulf of Mexico Drive close to the northern end of Longboat Key and directly next to one the famed beaches of the Florida Gulf Coast. This beachfront is most sought-after not only because of its fine powdery white sand. Extending nearly the entire 12-miles stretch of the island, the Longboat Key beach is also more serene, quiet and less crowded.

Beach easement

Longboat Terrace

Unlike in Siesta Key or Lido Key, Longboat Key doesn’t have a public beach with lifeguard stations, restrooms or food/drink concessions. Instead, the town has set eleven public access points to the beach, many of which are accessible along the Gulf Mexico Drive running across the entire length of the island. Gulfside properties in the western side of the island, like Longboat Terrace, have easements to the beach, while many residential and resort property developments in the eastern bayside of the island have deeded beach access across their sites.

Besides this beachfront lure, Longboat Terrace condos for sale likewise draw much of their appeal to the property’s superb development. The condominium was built in the late 1970s during a real estate boom in the island when many other residential and resort building projects were underway, trying to outdo each other in winning buyers and investors in Longboat Key condos for sale.

Mediterranean flair

Longboat Terrace

Longboat Terrace, though a relatively smaller development, stood out as one of the condominium projects that helped build Longboat Key as among the favored U.S. destinations for a high-end island lifestyle. Then as now, the condominium impresses home buyers with its two-story, townhouse-type design with barrel-style tile roofs reminiscent of Mediterranean architecture.

Nestled amid well-manicured lawn and lush landscaping, Longboat Terrace condos for sale are definitely cozy and well-appointed. These units feature either two or three bedrooms within floor plans of between 1,300 square feet and 2,000 square feet.

Units worth watching

Market activity in this condominium has been slack in recent years, but this may pick up as two Longboat Terrace units with quoted prices in the mid-$600s were put in the market and were sold in 2015. More condo owners may be encouraged to list their units amid the current upbeat mood of the market that has been characterized by significant price improvements.

It is hence advisable to keep a close watch or seek realtor alert on buying opportunities in this condominium. Aside from being well-suited as a private residence or vacation home, Longboat Terrace condos for sale are likewise attractive to investors seeking rental properties geared for the tourist market. Other local travel attractions, such as St. Armands Circle and the Sarasota downtown, adequately complement the fabled Gulf Coast location of this gem of a condominium worth keeping a watch on.

Longboat Terrace Condos for Sale

Below are all of the current real estate listings available for sale at Longboat Terrace.

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