Situated mid-key on Longboat Key you will find Bayport Beach & Tennis Club, a true Gulf to Bay community. Bayport was designed by Tim Siebert, one of the founding architects of the renowned ‘Sarasota School of Architecture’ – and is recognized for its award-winning, timeless design. Bayport offers 27 lushly landscaped Gulf-to-Bay acres with 1,200 feet of private Gulf of Mexico beach. We are pleased to bring to market this beautiful, turn-key furnished, spacious 2 bedroom, 2 bathroom unit with a private expansive outdoor terrace overlooking a tranquil pond with fountain surrounded by the beautiful tropical oasis known as Bayport.
One of the Fed's main tools to impact inflation is the federal funds rate, which is the rate banks charge each other for overnight loans.
Although the Fed doesn't directly control all interest rates, when it raises the federal funds rate, all other interest rates eventually follow suit, including adjustable-rate mortgages, credit cards, home equity lines of credit, and other loans. Some of these are tied to the prime rate, which is based on the federal funds rate, according to Bankrate.com.
A rising federal fund rate also affects the 10-year Treasury bond, which impacts mortgages.
The other leading indicator of our market is supply and demand.
A Seller's market is 6 months or less and a Buyer's market is 6 months or more.
Nationally, we have about 3.3 months supply.
Locally, we have less than 2 months of inventory now.
We are still in a Seller's market.
What we are seeing is a normalizing market. We are decelerating, not necessarily depreciating. Sellers still have equity and buyers are still buying without having to offer to name their first born after the sellers.
If you have questions regarding your personal Real Estate situation don't hesitate to reach out via text to 941.254.1728 or email Alexis.smithfrady@compass.com.
-Alexis & the LCL team
Check us out on Youtube
C o a s t a l B e a c h T o w n s 🎥
We are excited for our latest projects! We will be releasing monthly videos showcasing our beautiful Coastal Beach Towns. We begin our first video in the town that makes our heart sing, Anna Maria.
-Alexis and Luxury Coastal Living Group
In the news
As Seen on TV
Check out Alexis' update on the local Sarasota ABC 7's Suncoast View. She discussed who is buying our area, how buyers are buying remotely and how we can help!
Check it out!
The scout guide | Volume 7
Have you received your copy of The Scout Guide Volume 7? Click the photo to see the virtual copy and if you would like a printed version let us know and we will deliver one to you!
Pending
Lakewood Ranch Country Club East
Perfect is the magic word! This Stock Signature Homes Madison II former model home has it all! The perfect location, the perfect layout and the perfect custom features! No expense was spared when this home was designed, including custom window treatments, high-end light fixtures and numerous architectural details.
Laurel Park | Sarasota
A hidden oasis in historic Laurel Park, right in the middle of all Sarasota has to offer. This classic Florida bungalow with separate cottage have been thoughtfully renovated and restored. Main home is 2-3 bedrooms and 2 full baths. Cottage is 1 bedroom and 1 bath, fully-equipped kitchen and living area.
Laurel Park | Sarasota
A perfect example of how Sarasota's "Neighborhood Living" once began. A meticulously kept and carefully updated Sarasota "Historical Home" in Laurel Park. The Laurel Park Neighborhood delivers on many fronts to including but not limited to; close proximity to Downtown, Bayfront, Parks, Shopping, Beaches, Hospital, Interstate System and much more.
Lakewood Estates | St Pete
This wonderful home sits on one of the largest lots in the neighborhood and offers 3 bedrooms, 2 bathrooms, a 2-car garage with a workshop. Warm original mid-century features have been perfectly blended with modern updates throughout the home. Vaulted ceilings, original Terrazzo floors and large expansive windows across the front and back of the house allow for natural light to flow through.
sold
Kima | Madeira Beach
Beautiful fully furnished 2 bedroom 2 bath condo directly on the Gulf of Mexico! Enjoy Florida sunsets directly from your balcony or relax in the pool after a long day of vacationing on the beach! The community allows for minimum weekly rentals which is rare to find directly on the beach. Madeira Beach offers many restaurants and shops all within walking distance.
Parrish | Parkwood Lakes
Welcome to Parkwood Lakes! A beautiful, well established community located in Parrish with low HOAs and No CDD fees. This elegant 3 bedroom, 2 bathroom plus office home offers an open concept kitchen with gorgeous, new quartz countertops, and an extra large breakfast bar. The spacious split floor plan offers a formal living room and dining room, family room. Enjoy an evening dinner on your lanai watching the sunset over the Lake or watch as the birds catch their breakfast while drinking your coffee in the morning.
Windward | Waterside LWR
This bright, coastal contemporary residence is less than a year old and located behind the beautiful gates of Windward . Walking through the front door, you will be greeted by a vast, west-facing water view that privately overlooks a preserve in the distance. Windward offers resort-style living at a community level where residents will enjoy the brand-new amenity center with a tennis court, two pools, jacuzzi, dog parks, fitness center, pickle ball courts, playground, walking trails, social events, and much more
Bayport | Longboat Key
Experience resort-style amenities including a heated community pool, a fishing pier, kayak launch, and four world-class tennis courts. A community clubhouse is also available for resident use and includes a fitness center, library, and game room. One of the best amenities that Bayport has to offer is private beach access consisting of 1,200 feet of pure white sand for residents to truly enjoy the benefits of beachfront living. Bayport Beach and Tennis Club is conveniently located just minutes from the fun and entertainment of St. Armands Circle and Downtown Sarasota making this community a great option for beachfront living.
St. Armands | John Ringling Estates
A cherished landmark property in the prized St. Armands division of John Ringling Estates on St. Armands Key, where its prime positioning for privacy and seclusion is complemented by more than 300’ of gorgeous wraparound water frontage. The buyers of this home were looking to relocate to Florida and were unsure if they wanted to land on the West Coast or the East Coast. After taking them to look at both we ended up right in our back yard. They are so excited to start their new Florida journey in Sarasota!
Thinking of Selling?
TESTIMONIALS
If you have worked with us and had an enjoyable experience we would love to hear about it! Make sure you mention “Alexis Smith-Frady” and the area she helped you in.
