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The Canal-front market from Siesta to Anna Maria Island

Tryla Larson
Guest Columnist
Larson@lbknews.com

Longboat Key Canal Front

Living on a canal or waterway has its benefits. Canals and waterways are used in many ways and serve as an asset that provide geographical, social, environmental and economic welfare. In addition to performing as a form of infrastructure, they are also an important form of supplying leisure and recreational activities. They also assist in boosting tourism. Canals and waterways allow passage to the open waters from bays, into the center of the islands, and deep into the mainland. The use of waterways and canals for industry spans back across the pages of time.

Owning a home on Longboat Key, Anna Maria Island, Lido Key, Bird Key, Siesta Key, or on the Sarasota mainland is an investment that is sought after. Owning a home on a waterway/canal greatly increases the property value. It affords the homeowner the possibility of having a boating lifestyle right in their backyard.

Here are examples of canal/waterway properties and comparisons of their costs on Longboat Key, Anna Maria Island, Lido Key, Siesta Key, and on the Sarasota mainland according to Stellar MLS.

At the time of writing, Longboat Key has 14 active single-family homes listed as being on canals, ranging in price from $650,000.00 to $2,950,000.00. Anna Maria currently has 5 active single-family homes listed as being on canals, ranging in price from $1,195,000.00 to $3,995,000.00.  Lido Key currently has no active single-family homes listed as being on a canal.  Bird Key currently has 1 active single-family home on a canal, listed for $3,900,000.00.  Siesta Key/Sarasota currently has 26 active single-family homes listed as being on a canal, ranging in price from $895,000.00 to $6,200,000.00. Sarasota mainland currently has 7 active single-family residents listed as being on a canal, ranging in price from $795,000.00 to $2,585,000.00.

Longboat Key News

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