Gulf-To-Bay Estate Is Just The Latest To Sell On Casey Key
A Gulf-to-bay property on Casey Key sold recently for $8 million, making it the highest priced sale in the key’s resurgent property market since November 2009.
The estate, located at 712 North Casey Key Road, is the 18th residential property to sell thus far this year on Casey Key. By comparison, 17 properties sold during the same period a year ago, with the highest fetching $5 million.
“The buyers are extremely family-oriented and combed the Gulf Coast in search of a waterfront compound to use as both a getaway and family gathering spot,” said Brian Loebker, of the Siesta Key office of Michael Saunders & Company, who represented them. “They ended up choosing Sarasota not only for the property itself; but also for its relative value when compared with similar waterfront properties in Naples and other luxury enclaves they visited along Florida’s Gulf Coast.”
The property was listed by Linda Dickinson and Kelly Quigley, with the Palmer Ranch office of Michael Saunders & Company. Its list price was $10 million.
Located on the exclusive north end of Casey Key, 712 Casey Key Road is situated on 2.07 acres of lush magnificent grounds with specimen trees and plantings. The compound includes the main house, with over 13,000 square feet of living space; a separate two-bedroom guest house, regulation tennis court, expansive terraces facing both the bay and Gulf, staff quarters, wine cellar, home theatre, billiard room and garaging for a fleet of cars. A walking beach is on the Gulf side of the home; while a rare covered boat dock faces the bay.