← All towns

Sarasota County

Buying a home in Siesta Key

On Siesta Key, a condo's inspections and reserves, and the flood code, matter as much as the price.

Median sale, all homes

$940,000

Median house

$1,700,000

House $/sq ft

$703

That house, a month

$14,125

262 sales, Apr 2026 to Sep 2026, county property appraiser records. Monthly cost: 3.5% down at 7.24%, with Siesta Key taxes and insurance.

My monthly cost in Siesta KeyWhat sold in Siesta Key

Buying on Siesta Key: condo inspection and reserve rules, the FEMA 50% rule, tax rates and recent prices, checked against official sources.

Prices by home type

  • Houses$1,700,000 · 85 sold
  • Condos$735,000 · 177 sold

What buyers should know

  • Recent median sale

    $940,000

    Siesta Key (ZIP 34242), 262 recorded sales, all home types: condos $735,000, houses $1,700,000. The Census puts the typical owner's home value at $985,800 (2020-24).

    Apr-Sep 2026 · Sarasota County Property Appraiser, U.S. Census

  • Condo safety rules

    30-year inspections

    Condos three stories or taller need a structural milestone inspection at 30 years and fully funded reserves for major repairs. Ask for the reports and any planned special assessments before you offer.

    Florida law, 2025 · Fla. Stat. 553.899, Florida Realtors

  • Property tax rate

    11.47 mills

    Siesta Key is unincorporated Sarasota County. On a $400,000 home with homestead, about $4,150 a year. At the recent $940,000 median, about $10,350.

    2025 tax year · Sarasota Tax Collector, Fla. Dept. of Revenue, Homestead amount (Fla. DOR)

  • Flood code on repairs

    The 50% rule

    If repairs or a remodel cost half the building's market value or more (land not counted), the home must be brought up to current flood code, often by raising it. Ask about past storm damage and permits.

    FEMA flood rule · Sarasota County, Manatee County

Worth knowing before you offer

  • Condos 3 stories or taller need a structural inspection at 30 years and funded repair reserves. Ask about special assessments before you buy. Fla. Stat. 553.899
  • If repairs top half the building's value (not the sale price), it must be raised to current flood code. Ask about past storm damage and permits. Sarasota County floodplain guide

Down payment help that can apply in Siesta Key

  • Florida Hometown Heroes: 5% of your loan, $10,000 to $35,000
  • FL Assist: Up to $10,000
  • FL HLP second mortgage: $12,500
  • HFA Preferred PLUS: 3%, 4% or 5% of your loan
  • Sarasota County SHIP: Up to $75,000
Who qualifies and how to apply

Facts last checked Oct 23, 2026.