Peter G. Laughlin Group
LUXURY REAL ESTATE NEWS
August 2021
Sarasota Luxury Real Estate
Almost 330,000 People
Moved to Florida in the Last Year
The Sunshine State is hot, and not only the weather, but also as an attractive destination for people relocating. According to the state's Office of Economic and Demographic Research, an estimated 329,717 new residents settled in Florida between April 2020 and April 2021. For Sarasota County, estimates based on 2020 Census data show annual population growth at 7,413 residents per year. According to the Sarasota County Planning and Zoning Department, the current population of Sarasota is 434,006 with an additional 96,000 seasonal influx.

The website move.org reported that Florida was the No. 1 destination for relocating Americans in 2020. And according to U-Haul, the state was the third most popular place to move during Covid, based on migration stats compiled from more than two million customer transactions. According to the National Association of Realtors, a total of 8.9 million people changed address since the start of the pandemic. The Association reports that close to 28% of the people relocating to Florida came from Texas and another 15% relocated from New York, with a little over 6% coming from California.

And for those wondering when the migration will slow down, Florida's popularity isn't expected to end any time soon: it's expected to gain an average 845 new residents a day until 2025, with 15 a day into Sarasota County, according to state projections.
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Sarasota Luxury Real Estate
Premier Sotheby's International Realty
Releases Mid-Year Stats
Mid-year stats bear out Florida's real estate sweet spot created by high buyer demand (fueled by inbound migration) and low housing supply. Real Estate has been in a continuous bull market for the last 13 months.
 
Market Activity Reports
West of Trail Siesta Key Downtown
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Bird Key St. Armands-Lido Longboat Key
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West of Trail North West of Trail South East of Trail
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South Siesta Key Anna Maria Island East County Acreage
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NEW LISTINGS
Here's a preview of our new listings.
Call me if you have interest in any of these properties.
New Listing Casa de la Playa
4BR/4.5BA/4,458SF | 4-Car Garage | $6,500,000

Welcome to Casa de la Playa, one of the most stunning beachfront properties on Siesta Key. 109-ft. of sandy beach frontage on the Gulf of Mexico and unobstructed ocean views from every room create an enchanted setting for seaside living. Sprawling wrap-around balconies and oversize windows orient this home to the year-round blue skies, Gulf breezes and spectacular sunsets famously found in Sarasota.

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New Listing Epoch 10N
4BR/4.5BA/4,333SF | $6,250,000

Downtown Sarasota's newest, most exclusive condominium with panoramic views of Sarasota Bay, the city skyline, the barrier islands and beyond. Vast walls of glass magnify the coastal scenery, satisfying the siren call of living life on the water. Inspired by the iconic Sarasota School of Architecture, Epoch is distinguished by Brise Soleil shading that amplifies the sea breeze and filters the sunlight.

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New Listing LISTED & SOLD IN 1 MONTH!
South Siesta Key
4BR/3.5BA/4,253SF | $3,995,000

This private Siesta Key residence sits on over half an acre and features contemporary coastal charm and a cheerful disposition. Walls of glass and multiple balconies provide full bay views from within. Outside, multi-level decks meander from the outdoor pool to the dock for a resort-like ambiance.

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New Listing LISTED & SOLD IN 8 DAYS!
West of Trail in Paradise Shores
2BR/2BA/1,825SF | $1,395,000

Inviting West of Trail home in highly-desirable Paradise Shores -- walk to Southside Village and only one mile to Sarasota Memorial Hospital and Downtown Sarasota. Filled with natural light and open living areas, this home has been tastefully updated to today's modern standards. Every aspect has been elevated to give you comfort and luxury.

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New Listing Siesta Key Beach Townhouse
3BR/3.3BA/1,172SF | $1,395,000

Laid back island lifestyle in the midst of one of the most popular destinations in Florida. This beachy residence is on the east side of a duplex with nothing but sea oats between the building and the beach. The beach is the main attraction with powdery quartz sand and warm Gulf waters -- consistently rated #1 in the U.S. The multi-family designation on Siesta Key allows for short-term rentals, currently priced at $650/night in season and $500/night off season.

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New Listing Embassy House #1001
2BR/2BA/1,408SF | $1,225,000

Embassy House is Downtown Sarasota's best situated bayfront condominium. Located at the south end of Gulfstream Avenue, there is nothing between you and 180-degree views of the bay, the barrier islands and beyond. Live every day with water views and close proximity to everything that makes Sarasota one of the best places to live and visit -- the Bayfront, beaches, airport, dining, shopping and the arts.

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New Listing Whitfield Estates Homesite
12,402 sq. ft. |.28 acre | $325,000

Prime buildable lot in the bayside section of Whitfield Estates, a private, established neighborhood with easy access to Sarasota and Bradenton lifestyle amenities. Just one block to Sarasota Bay access at the end of Whitfield Avenue for sunset views or kayak/paddleboard recreation.

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