In recent months, there’s been a notable trend of homebuyers leaning into the fringe areas of master-planned suburbs like Lakewood Ranch, Parrish, and Wellen Park. Traditionally, these fringe areas were seen as “too far” from downtown Sarasota or the beaches. However, today, buyers prioritize getting larger homes and lots, even if it means extending their commutes by a few miles.
For example:
This shift allows buyers to gain substantial advantages, such as more spacious homes, larger lots, and better amenities, for a significantly lower price compared to homes closer to the city.
Adam raises the question: does the appeal of master-planned communities outweigh the potential disadvantages of their location? Developers are increasingly designing these communities to be self-sufficient, featuring town centers, lakes, and communal spaces.
Examples include:
These developments aim to mitigate location-related drawbacks by offering a lifestyle that feels independent of the geography.
Recent storms in Southwest Florida have highlighted the benefits of living inland. For instance, areas like Lakewood Ranch saw significantly less damage compared to coastal locations like Siesta Key.
Key takeaways:
Adam emphasizes the unique geography of Southwest Florida, where inland master-planned suburbs are positioned to offer safety and convenience.
A growing trend in Sarasota involves developers creating small, boutique communities in desirable areas where large-scale projects aren’t feasible. For example:
These communities cater to buyers seeking exclusivity and high-end finishes without the need for large-scale amenities.
If you’ve regretted missing out on developments like Del Webb Lakewood Ranch or Esplanade Golf and Country Club, there’s good news. New communities like Del Webb Catalina and Esplanade at Wellen Park offer a second chance to secure modern, amenity-rich homes in sought-after areas.
Investing early in these communities could yield significant equity gains, particularly if you secure incentives during the pre-amenity phase.
Villas—attached homes that live like single-family residences—are gaining popularity in Florida. These homes offer:
Developments like Windward by Neal Communities have seen tremendous appreciation in villa values over recent years, making them a compelling choice for many buyers.
For golfers, two exciting developments are on the horizon:
The rural, central Sarasota area east of Siesta Key is poised for transformation. Upcoming developments like Three H Ranch will introduce master-planned communities with commercial spaces and communal amenities. This region could become a third major option for buyers seeking proximity to Siesta Key without the density of Lakewood Ranch or Wellen Park.
If you’re considering relocating to Southwest Florida, now is the time to explore these emerging opportunities. For more information, subscribe to the Florida Relocation Guide newsletter or reach out to Adam Hancock and his team. They specialize in helping buyers and investors navigate the unique challenges and opportunities of the Sarasota real estate market. Stay tuned for more insights, and thank you for reading!
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