SARASOTA, FLORIDA: WHY IS IT SO ATTRACTIVE?

SARASOTA, FLORIDA: WHY IS IT SO ATTRACTIVE?

 

Sarasota, Florida, seems attractive to many American residents.

 

Although a small town with a small population, life is good on this peaceful coast.

 

So let's see now the main points that make this small coastal town so attractive.

 

 

 

What to see? What to do in Sarasota, Florida

Restaurant options: There's a huge variety and variety of options if you want to eat out. From food trucks to gourmet restaurants, there's something for everyone.

 

Important point for animal lovers: Many places in Sarasota are pet-friendly!

 

Lots of popular events: Obviously, Sarasota can't be touted as a city as energetic as Miami or Orlando. But nevertheless, it stands out with events related to boats and fishing. Also, every year a large number of festivals take over the streets ( The Sarasota Film Festival , Jazz Festival, etc.).

 

Finally, here's a quick guide to the most beautiful beaches near Sarasota. Because they're the city's strong point.

 

The first beach you absolutely must discover is Siesta Key. It is accessible via two bridges. Considered by many to be one of the most beautiful beaches in the United States, you'll find beach turtles here, which attracts families. In the evenings, party-loving people often gather here.

 

A second beach to see is Manasota Key, it is actually 4 beaches: Manasota, Blind Pass, Englewood, and Stump Pass.

 

Englewood Beach offers grills, picnic tables, pavilions, and a variety of outdoor sports facilities; and Stump Pass Beach is a state park perfect for hiking and exploring Florida's natural flora and fauna.

 

How Sarasota, Florida, Became So Attractive (in 5 Facts)

Health expertise:

No state income tax: this is one reason why many retirees see Sarasota as a great place to live. They'll be able to enjoy their best years while reducing their tax burden!

The climate: So yes, the fiscal climate is mild, but so is the climate itself! Of course, it's humid, and it's hot. For this reason, Florida is called the "sunshine state." But you have 250 days of guaranteed sunshine! That's no small feat, and I know a lot of people for whom that's important. The psychological impact of the sun on a daily basis is so significant. You have plenty of sunsets to admire, so just go see this beauty for yourself.

Sarasota School Standards: It's very difficult to find a bad school in Sarasota. School ratings in this city are higher than the national average, placing them at the top of the league. This information is obviously essential for families.

Lifestyle: "Lifestyle," to use the popular Anglo-Saxon term. And yes, it's Florida, as we've seen, with an extremely mild climate. You're on the coast. But Sarasota also has this calm and plenitude that other big cities in Florida don't offer at all. When people in surveys answer the question, what are the reasons that push you to come here? Lifestyle is always at the top of the list.

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Where to stay during your stay?

Sarasota has a multitude of options both downtown and along the waterfront.

 

The easily accessible barrier islands offer a wide range of attractions, from the bustle of Siesta Key Beach to an idyllic retreat on Anna Maria Island.

 

Despite Sarasota's compact size, you'll need a car to find accommodation in the area, as some of the best beaches are just a few miles outside the city, as we've seen.

 

Then, it all depends on the type of accommodation you're looking for during your stay. Obviously, for optimal comfort and luxury, many will recommend the Ritz-Carlton Sarasota. Overlooking the marina, it offers the finesse and elegance one would expect. You also have access to magnificent seafood restaurants, bars, and even a beach club on Lido Key.

 

For another purpose, the most economical option will obviously remain Airbnb which can nevertheless offer you the comfort of certain condos such as access to a swimming pool, pool house or a whole host of amenities.

 

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Real Estate Investing in Sarasota

Let's take a quick look at the Sarasota real estate market.

 

According to Redfin , the Sarasota housing market has seen a continued increase in home prices and a decrease in home sales activity.

 

In September 2022, single-family home prices increased by 15.7% compared to September 2021. These homes sold for a median price of $460,000.

 

For context, September 2021 saw the average home sell for around $400,000.

 

In addition to this price increase, Sarasota homes are currently selling after approximately 23 days on the market. This is significantly longer than in September 2021; most homes this month sold after just 10 days on the market.

 

For more context, there were approximately 208 homes sold in Sarasota County in September 2022, while 362 homes were sold in Sarasota County in September 2021.

 

But the real question is: Will we continue to see house prices rise?

 

According to Wallet Investor, the prognosis for single-family home prices in Sarasota is positive.

 

Although they have been declining periodically in August 2022, single-family home prices may continue to rise in the future.

 

For what?

 

Even though many families or average Americans cannot afford to buy a home in Sarasota County, that doesn't mean there aren't plenty of willing buyers.

Sarasota County is conveniently located near Tampa, although outside the metropolitan area.

It is also one of Florida's most popular beach vacation destinations.

Sarasota County is a popular location for second home buyers, retirees, and vacation rental investors.