Siesta Key, FL
Real Estate: Living In Siesta Key
Siesta Key – officially recognized as such in 1952 – is a barrier island off the southwest coast of Florida state, located between Roberts Bay and the Gulf of Mexico. A portion of the island is within the city limits of Sarasota, but the majority of Siesta Key is a census-designated place (CDP) in Sarasota County.
Siesta Key is made up of four main districts: Siesta Beach, Crescent Beach, Turtle Beach, and Siesta Key Village. The key has one lone suburban residential area, which is situated on the Siesta Key barrier island on the West coast of Florida, west of the city of Sarasota. This community is made up of single-family homes, condominiums, retail establishments and several art galleries.
Originally, the only way to access Siesta Key was by boat or ferry until a bridge was built in 1917; that bridge was replaced – and a second added – in 1927.
According to the United States Census Bureau, Siesta Key has a total area of 3.5 square miles, which is divided up into 2.4 square miles of land and 1.1 square miles of water. As per the 2010 U.S. Census, the population of Siesta Key was 6,565.
A popular tourist attraction due to its many pristine beaches, including Siesta Beach, Crescent Beach, and Turtle Beach; in particular, Siesta Beach was honored with TripAdvisor’s 2020 Travelers’ Choice award, designating it as the United States’ number one beach and the 11th best beach in the world overall.
In addition, Siesta Key has a vibrant nightlife with many entertainment options, with multiple venues offering live music nightly as well as dining and drinks or for a fun night out.
Public education in Siesta Key is run by the Sarasota County Public Schools; there are no educational institutions physically located on the key itself, therefore students must commute to the mainland in order to attend school.
The median income for a household in the Siesta Key was $66,397 and the median income for a family was $81,345, with 4 percent of the population below the poverty line. The median cost of rent in Siesta Key is about $2,465 per month, and the median price of a single-family home is a whopping $1.3 million.
According to Realtor.com, there are currently 150 homes for sale in the Siesta Key, ranging in price from $320,000 to $16,995,000.