Vol 6 No. 9 - November 23, 2005

Longboat living at affordable prices

Boats slips are available for small to mid-sized power boats.

By Louise Bolger


Here’s a news flash — contrary to what you may observe driving south on Gulf of Mexico Drive and in the real estate section of local newspapers, you don’t have to be a multimillionaire to live on Longboat Key. You do, however, need to love being near Sarasota Bay, the Gulf beaches and having quick access to downtown Sarasota and Lido Key.

Sutton Place condos, located on the bay side of Gulf of Mexico Drive, offers all this and more, the more being the affordability factor. In an area where $2 and $3 million condos are not uncommon, you can still buy in Sutton Place around the half million mark.

Some of the current listing prices range from $410,000 for a one bedroom, one bath to $597,000 for a two bedroom, two bath bayfront unit averaging $507,000 for those currently on the market. The seven recorded sales so far this year ranged from $360,000 to $510,000.

The complex was built in the early 70s and offers townhouses, villas and mid-rise buildings totaling 80 units. The townhouses have one car garages and as many as three bedrooms and two-and-a-half baths. The villas have a carport for one car, and the mid-rises have covered assigned parking.

The mid-rises are located along Sarasota Bay with water and marina views. Laundry facilities in the mid-rise buildings are in a common laundry room. Pets and rentals are permitted.

There are 20 boat slips available for small to mid-size power boats. Slips are assigned from a waiting list and are an additional cost to residents.

There are two pools, one on the bay, and a clubhouse. But one of the nicest amenities at Sutton Place is the deeded beach access across Gulf of Mexico Drive with parking and bathroom facilities.

Sutton Place residents enjoy many of the same benefits as the newly constructed condos being built on Longboat at a fraction of the cost. But when the white pelicans come to winter on the small keys across from their boat basin, Sutton Place residents know it’s just for them.

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