It´s no secret that Florida, and the Sarasota area especially, has been a hot place to live for generations, literally and figuratively. With the terrible winters in the northern states in the late 1970´s Sarasota real estate has become a hot commodity.

But many people would be shocked to realize that, when compared to the rest of Florida, Sarasota is actually significantly undervalued. That´s right. There are very few good deals left in Florida real estate that don´t involve buying over-glorified swampland. But Sarasota is the real deal. Let´s take a look at some other fantastic reasons why Sarasota FL Real Estate and a good ole Sarasota home is the best real estate investment for you.

• Sarasota real estate is genuinely under priced. It´s amazing to think about considering the mass immigration to the Sunshine State since those horrible 1978 and 1979 winters, but it´s true. Most single family homes in the Sarasota area are priced under $400,000. Other real estate markets, even ones close to Sarasota, like Naples, Ft. Lauderdale and Orlando are all priced higher. Sarasota might just be the last really good value when it comes to Florida real estate.

• The demand in the Sarasota area is still climbing. Even with all the folks that have moved to Florida over the last 30 years, the demand for homes and apartments is still rising. The beautiful sugar-sand beaches on the gulf coast have remained somewhat less known then their Atlantic-side brothers, but any beach expert can tell you that the gulf side is the place to be. All indicators show that the demand will continue to grow in the Sarasota area over the next ten years and beyond, which means that Sarasota is the perfect place to invest in real estate.

• The baby boomer explosion. It´s no secret that the majority of baby boomers will be retiring within the next ten years. It´s only logical that the demand and price of real estate in popular retirement locations is going to skyrocket in value over that time. Sarasota is one of the premiere retirement destinations in the United States. Thanks to the upcoming mass retirements, you can be almost guaranteed that the an investment now in Sarasota real estate will end up a big time profit 15 or 20 years from now.

• Florida is a tax haven that makes it a very desirable place to relocate. Thanks to the flourishing tourist industry in Florida, taxes are placed on hotel rooms and rental cars in place of a state income tax. This makes Florida one of the top places for the young and wealthy to move to. If you decide to invest in Sarasota real estate, there is just as good of a chance you´ll sell your investment to a hot young lawyer or doctor as a retiring couple.

• Sarasota has a spectacularly low unemployment rate. This factor alone is responsible for drawing people from all over the country to live in the greater Sarasota area. Combine that with the fantastic weather, the fact that it´s a retirement haven and the wonderful tax laws and you can see why Sarasota is going to be the place to be over the next 20 years.

• They say real estate is all about location and no place has a better location then Sarasota. You have everything you could ever want in the Sarasota area. You´re a short drive from attractions like Disney World and Miami Beach, as well as only seconds from the beautiful sugar-sand beaches of the gulf coast. The mild weather is wonderful and there isn´t a flake of snow to shovel during the wintertime. All and all, Sarasota is an incredible place to live, work and play!

As you can see, Sarasota is an amazing place to call home, or simply an amazing place to invest. When you look at the evidence of potential profits in the state of Florida and especially the Sarasota area for the next few decades, the numbers are staggering. Florida is still the most popular state to retire in and since there is going to be the biggest group of retirees in American history coming in the next 10 years, it only makes sense that investing in Sarasota real estate is the thing to do.

GBrey

To summarize:

Under-priced
Most of Sarasota real estate continues to be under-priced. A majority of single family homes are still priced under $400,000. Sarasota lags far behind other areas of Florida such as Naples, Fort Lauderdale & Boca Raton to name a few.

Are certain areas better than others? Personally, as an investment, the Sarasota downtown condo market is the only area I would shy away from until investor-owned inventory of properties are converted to owner-occupied units.
 

Demand
The demand for the greater Sarasota area remains very strong with no end in sight for the next 10 years. Why? Because of a number of factors. Every day, 10,000 people in this country turn 55. And many are turning to to the South and to Sarasota. This segment of the population will continue to drive the market for the next 10 years.

Baby Boomers