Longboat Key house flips

Homes in Longboat Key, Florida (Sarasota County) bought and resold within 24 months, from public records.

56flips since 2023
$323,500median gross spread
489 daysmedian days held
31%median gain

The Longboat Key, FL flip market at a glance

Since January 2023, county public records show 56 house flips in Longboat Key, FL: homes bought and resold within 24 months at a meaningful markup. The typical flip was bought for $1,066,500 and resold for $1,425,000 after 489 days, a median gross spread of $323,500 (average $541,907). Flip volume rose 8% from 12 resales in 2024 to 13 in 2025, while the median spread moved from $340,850 to $712,000. 9% of flips here resold within six months. The property mix is 77% condo, 23% single-family. The largest gross spread on record here is $2,197,900, bought at $5,277,100 and resold at $7,475,000.

Flips by year

Flips by year
Resale yearFlipsMedian buyMedian resaleMedian spreadMedian days held
202322$877,500$1,100,000$192,500500
202412$946,000$1,458,000$340,850460
202513$2,565,000$2,970,000$712,000367
2026 (to Oct 21, 2026)9$2,110,000$2,700,400$500,400586

Streets with the most flips

Street names only; we never publish owner names.

Gulf Of Mexico Dr · 25Mistletoe Ln · 5Harbourside Dr · 5Fair Oaks Ln · 3Longboat Club Rd · 3Spanish Dr S · 2

Latest flips in Longboat Key

Recent home flips
3460 Winding Oaks Dr Unit 38Longboat Key, 34228 · Condo · 2,608 sq ftApr 30, 2025$900,000Aug 31, 2026$1,135,000488$235,000+26%
3526 Fair Oaks LnLongboat Key, 34228 · Single-family · 2,634 sq ftSep 17, 2024$1,625,000Aug 25, 2026$1,800,000707$175,000+11%
1581 Gulf Of Mexico Dr Unit 406Longboat Key, 34228 · Condo · 2,286 sq ftSep 17, 2024$4,463,500Jul 14, 2026$6,000,000665$1,536,500+34%
1581 Gulf Of Mexico Dr Unit 507Longboat Key, 34228 · Condo · 1,684 sq ftOct 24, 2024$2,248,700May 5, 2026$2,975,000558$726,300+32%
1591 Gulf Of Mexico Dr Unit 412Longboat Key, 34228 · Condo · 2,143 sq ftSep 23, 2024$3,017,100Apr 23, 2026$3,600,000577$582,900+19%
3540 Mistletoe LnLongboat Key, 34228 · Single-family · 3,165 sq ftMay 31, 2024$2,110,000Apr 17, 2026$3,575,000686$1,465,000+69%
2123 Harbourside Dr Unit 903 Bld 9Longboat Key, 34228 · Condo · 2,208 sq ftJun 25, 2024$925,000Apr 3, 2026$1,200,000647$275,000+30%
812 Spanish Dr SLongboat Key, 34228 · Condo · 1,327 sq ftApr 17, 2025$252,000Apr 2, 2026$385,000350$133,000+53%
598 Lyons LnLongboat Key, 34228 · Single-family · 2,276 sq ftJun 7, 2024$2,200,000Jan 14, 2026$2,700,400586$500,400+23%
1591 Gulf Of Mexico Dr Unit 410Longboat Key, 34228 · Condo · 3,143 sq ftOct 2, 2024$5,350,000Dec 29, 2025$6,400,000453$1,050,000+20%
1211 Gulf Of Mexico Dr Unit 309Longboat Key, 34228 · Condo · 1,827 sq ftJul 31, 2024$1,225,000Dec 1, 2025$1,770,000488$545,000+44%
3330 Sabal Cove LnLongboat Key, 34228 · Single-family · 4,529 sq ftApr 5, 2024$2,565,000Nov 4, 2025$2,826,000578$261,000+10%
1591 Gulf Of Mexico Dr Unit 511Longboat Key, 34228 · Condo · 3,134 sq ftDec 4, 2024$4,635,600Oct 3, 2025$6,000,000303$1,364,400+29%
2301 Gulf Of Mexico Dr Unit Apt 52NLongboat Key, 34228 · Condo · 1,296 sq ftSep 18, 2023$850,000Aug 25, 2025$1,400,000707$550,000+65%
1581 Gulf Of Mexico Dr Unit 407Longboat Key, 34228 · Condo · 1,684 sq ftSep 30, 2024$2,690,000May 27, 2025$2,970,000239$280,000+10%
1581 Gulf Of Mexico Dr Unit 308Longboat Key, 34228 · Condo · 3,817 sq ftNov 22, 2024$7,650,000May 7, 2025$9,125,000166$1,475,000+19%
455 Longboat Club Rd Unit 807Longboat Key, 34228 · Condo · 2,410 sq ftDec 15, 2023$1,750,000Apr 3, 2025$2,462,000475$712,000+41%
3460 Mistletoe LnLongboat Key, 34228 · Single-family · 2,831 sq ftMar 29, 2024$2,000,000Mar 14, 2025$3,200,000350$1,200,000+60%
1591 Gulf Of Mexico Dr Unit 510Longboat Key, 34228 · Condo · 3,143 sq ftDec 17, 2024$5,277,100Mar 4, 2025$7,475,00077$2,197,900+42%
5310 Gulf Of Mexico Dr Unit 11Longboat Key, 34228 · Condo · 1,014 sq ftAug 24, 2023$580,000Feb 11, 2025$700,000537$120,000+21%
610 Fox StLongboat Key, 34228 · Single-family · 1,206 sq ftJan 8, 2025$395,000Feb 10, 2025$459,00033$64,000+16%
455 Longboat Club Rd Unit 504Longboat Key, 34228 · Condo · 3,685 sq ftFeb 2, 2024$2,865,000Feb 3, 2025$4,150,000367$1,285,000+45%
1211 Gulf Of Mexico Dr Unit 205Longboat Key, 34228 · Condo · 1,598 sq ftJan 4, 2023$1,033,000Dec 23, 2024$2,033,000719$1,000,000+97%
3464 Mistletoe LnLongboat Key, 34228 · Single-family · 3,367 sq ftFeb 14, 2024$2,000,000Dec 20, 2024$3,300,000310$1,300,000+65%
1915 Harbour Links Cir Unit 6Longboat Key, 34228 · Condo · 2,462 sq ftNov 30, 2022$1,200,000Nov 6, 2024$1,775,000707$575,000+48%
Showing 25 of 56 flips

ZIP codes in Longboat Key

Frequently asked questions

How many homes are flipped in Longboat Key, FL?

Suncoast Flips found 56 home flips in Longboat Key, FL with a resale between January 1, 2023 and Oct 21, 2026, including 12 in the last 12 months of recorded sales. A flip here means the same home sold twice within 24 months, both as qualified market sales, with the resale at least 10% and $20,000 higher.

What is the average house flip profit in Longboat Key, FL?

The median gross spread (resale price minus purchase price) is $323,500; the average is $541,907. The median gain is 31% of the purchase price. Gross spread is before rehab, holding, financing and closing costs, so actual profit is lower.

How long do flippers hold homes in Longboat Key, FL?

The median time between purchase and resale is 489 days, or about 16 months.

What do flipped homes in Longboat Key, FL sell for?

The median flip was bought for $1,066,500 and resold for $1,425,000.

Which ZIP code in Longboat Key has the most flips?

ZIP 34228 has the most, with 56 flips since 2023. See flips in 34228.

How does Longboat Key compare with the rest of Sarasota County?

Longboat Key accounts for 4% of Sarasota County flips. Its median gross spread is $323,500 versus $117,700 countywide. See Sarasota County flips.

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