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Casey Key Experience

May 16, 2006

Casey Key is no doubt one of Sarasota’s most exclusive locations and quite possibly one of the most exclusive on Florida’s West Coast. Casey key is an eight mile long island located just south of Siesta Key. In fact, ever since Midnight Pass Inlet was closed in 1983, Casey Key has been attached to Siesta Keys southernmost tip. Casey Key is a narrow island bordered on the west by the Gulf of Mexico and Little Sarasota Bay, Dryman Bay, Blackburn Bay and Lyons Bay. At the south end of Casey Key is North Jetty Park, which is the northern bank of the Venice Inlet. Because, for the most part Casey key is narrow with one road, (Casey Key Road) running it’s entire length from north to south, most homes are either on beach side or the bay side with water frontage. There are many homes or parcels with frontage on both the beach and the bay. The homes on such parcels will be located on either side of Casey Key Road which bisects their lots. Access to Casey Key is via two roads, Blackburn Point Road to the North and Albee Road to the south. The northern bridge at Blackburn Point is a historic swing bridge.

Currently on Casey Key there are 41 homes for sale and 17 vacant lots which is roughly 10.7% of the total 541 parcels. The price range of available homes is from $1,675,000 for a three bedroom located at 3704 Sandspur Lane to a staggering $20,000,000 for a eight bedroom home located at 712 N. Casey Key Road. The average list price of Casey Key homes is $4,567,366 and the average price per square foot is $1,137. Despite the recent downturn in the general real estate market, sales of homes in Sarasota’s high end have been relatively brisk. During the past six months five homes have sold between $9,000,000 $3,550,000. Additionally, there are two homes under contract pending closing. Their prices are $6,900,000 and $3,200,000. For a complete list of available homes for sale on visit www.sarasotaonthebeach.com/caseykey.htm.

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