New College of Florida / Bay Shore Rd median real estate price is $367,317, which is more expensive than 84.0% of the neighborhoods in Florida and 79.2% of the neighborhoods in the U.S.
The average rental price in New College of Florida / Bay Shore Rd is currently $1,425, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.3% of the neighborhoods in Florida.
New College of Florida / Bay Shore Rd is a suburban neighborhood (based on population density) located in Sarasota, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
New College of Florida / Bay Shore Rd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the New College of Florida / Bay Shore Rd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in New College of Florida / Bay Shore Rd. The current real estate vacancy rate here is 22.6%. This is higher than the rate of vacancies in 88.6% 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.