Median real estate price in the City Center of Sarasota is $243,331, which is more expensive than 64.5% of the neighborhoods in Florida and 62.8% of the neighborhoods in the U.S.
The average rental price in Sarasota City Center is currently $1,259, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.6% of Florida neighborhoods.
Sarasota City Center is an urban neighborhood (based on population density) located in Sarasota, Florida.
Real estate in the City Center of Sarasota, FL is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Sarasota City Center. The current real estate vacancy rate here is 18.5%. This is higher than the rate of vacancies in 82.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.