Longboat Key, Florida Shines in July’s Top U.S. Most Expensive Home Sales

When it comes to luxury real estate, Longboat Key, Florida continues to stand out as one of the nation’s most desirable destinations. In July 2025, Longboat Key secured its place among the Top 10 Most Expensive Home Sales in the United States, alongside iconic properties in Malibu, Los Angeles, and Martha’s Vineyard. 

Notable Sales (Top 10 of July in US)

Rank Location Sale Price
1 Spelling Manor, Los Angeles, CA $110 million
2 Delray Beach, FL (beachfront compound) $51.1 million
3 Malibu, CA $49.8 million
4 Coral Gables, FL $40 million
5 Surfside, FL $38.2 million
6 Martha’s Vineyard, MA $37 million
7 Miami Beach, FL $31.8 million
8 Malibu, CA $30.5 million
9 Longboat Key, FL $30.3 million
10 Los Angeles, CA $29.5 million

 

Longboat Key, Florida: $30.3 Million Sale on the Gulf

The Longboat Key property at 845 Longboat Club Road sold for $30.3 million, making it the ninth most expensive home sold in the country during July. This transaction underscores what many luxury buyers already know: Longboat Key real estate is a premier investment in Florida’s Gulf Coast market.

With its white-sand beaches, private gated communities, and sweeping Gulf of Mexico views, Longboat Key offers a level of exclusivity few markets can match. This record-setting sale further proves the island’s place among America’s top luxury enclaves.

 

Florida’s Coastal Luxury Boom

Florida dominated July’s list, with five of the ten priciest sales happening across the state’s coastlines. Longboat Key joins Delray Beach, Coral Gables, Surfside, and Miami Beach in attracting ultra-high-net-worth buyers who continue to invest heavily in Florida’s waterfront real estate.

Even as insurance premiums and climate considerations weigh on the broader market, Florida’s top destinations—including Longboat Key—continue to command multi-million-dollar transactions.

 

Why Buyers Choose Longboat Key, Florida

Longboat Key offers more than just luxury properties—it’s a lifestyle investment. Buyers are drawn to:

  • Exclusive Gulf-front estates with private beach access

  • Premier golf and country clubs, including the Longboat Key Club

  • Fine dining and boutique shopping near St. Armands Circle and Sarasota

  • Proximity to Sarasota’s arts and culture scene while maintaining the privacy of an island escape

This combination of natural beauty, resort-style amenities, and sophisticated living makes Longboat Key one of Florida’s strongest luxury markets.

 

Market Insight: Longboat Key’s Place in U.S. Luxury Real Estate

As July’s $30.3 million sale demonstrates, Longboat Key is no longer just a hidden gem—it’s firmly on the map of America’s top luxury real estate markets. Buyers seeking privacy, exclusivity, and beachfront living are increasingly looking to Longboat Key homes for sale as alternatives to more crowded destinations.

For sellers, this means properties in Longboat Key are positioned to capture premium pricing from motivated buyers both domestic and international.

 

Final Takeaway

The July sales rankings prove what locals already know: Longboat Key, Florida is one of the most prestigious places to own a home in the United States. Whether you’re considering selling your Longboat Key property or exploring the island for your next purchase, the market momentum is clear—this is the time to make your move.

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The Schafer's specialize exclusively in luxury residential property which also includes relocations, estate sales, and investment properties. With decades of experience in the real estate industry, we have been through multiple market cycles as an agent, seller, buyer, and investor. This has enabled us to develop a deep understanding of the often-complicated process that our customers will encounter.

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