Neighborhood Profile: Bird Key Sarasota

Robert-Blog-ProfileBy Robert Milligan, Realtor:  There are so many places I love in Sarasota, but in my opinion, Bird Key offers the total package.  The proximity to everything, by car or boat is perfect.  By car, you’re close to St. Armands & downtown, and by boat it’s an easy shot out Big Pass to the Gulf of Mexico.  There are no fixed bridges or dead end canals, so all the water is fresh clean and clear coming in directly from big pass.  This is definitely one of the best places in Sarasota to keep a sailboat behind your home.  Additionally, Bird Key is a prime area to kayak or SUP paddle board from, with the Lido mangrove tunnels only 1 mile away!  (See all available Bird Key Properties Here)

Bird KeyThere’s an interesting mix of very livable original 1960’s homes alongside many newly constructed, larger homes.  There are three different categories of lots on Bird Key.  There are “garden” lots which are not waterfront, “canal” & “bay front.”  Bird Key is a relatively easy neighborhood to understand valuations.  Over time, the prices between the three different lot types have run in congruency with each other.  The garden lots are usually valued at about half price of the canal lots, and the canal lots are usually about half price of the direct bay view lots.  The value of the home is then added to the lot value to determine a fair market price. Bird Key has lots of interesting aspects, which can be viewed at a glance as follows:

Bird Key Info at a Glance:

  • Bird Key is not gated, all roads are public – it is actively patrolled by security
  • All the power lines are buried – no telephone poles providing an elegant look
  • Halves rule in valuation – canal lots are 1/2 price of bayfront lots, and garden lots are 1/2 price of canal lots
  • Some celebrities are known to live on Bird Key
  • Dolphins, manatees and even some humans swim in the canals
  • 1.5m to the furthest points of bird key – 30 min walk to bridge
  • 1 mi paddle via kayak or SUP to mangrove tunnels of South Lido
  • About 510 homes, with a mix of canal, full bayfront and garden lots.
  • All the waterfront homes are on sailboat water with no bridges out to big pass
  • Water is “teal blue” since it is so close to the pass
  • Developed in 1959 by Arvida
  • Last year, there were 26 Solds ranging from 553k to 4M
  • Bird key has an HOA – it’s only $600 per year  & has a very active architectural review committee
  • The Bird Key yacht club (BKYC) is at the center of bird key and was remodeled within the last few years
  • You do not have to be a Bird Key resident to be a member of the Bird Key yacht club.
  • BKYC offers a 60 day introductory trial period – no dues and no food and beverage minimum during this time.
  • To join BKYC $7,500 initiation fee, with $3,800 annual dues & a $1,500 food and beverage minimum annually
  • Members are also offered golf reciprocity at Laurel Oaks four times a month

A few Pros & Cons of living on Bird Key:

  • Pro – You live on a tropical island and are televised every time you enter or leave…
  • Con – You can’t vote anyone off the island
  • Pro – If you like cars, there are lots of exotic sports cars on the island…
  • Con – The speed limit is only 25 miles per hour – you can’t take them out of 1st gear

(See all available Bird Key Properties Here)

If you are interested in purchasing or selling a property on Bird Key, always consult your Realtor for advice about specific properties.  If you are needing to be connected to a great Realtor, we can be reached at 941-999-1179 and would be happy for the opportunity to work with you!

About:  Robert Milligan is the FL President of Allison James Estates & Homes & Co-Founder of Preferred Shore Real Estate Group.  He has sold $1 Billion+ on more than 5,000 transactions in his 13 year career.

 

 

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