Englewood’s real estate market has a new ceiling. A home on the north end of Manasota Key sold for $9.2 million, the highest price ever recorded in the area. The 1.1-acre property spans more than 7,000 square feet across a main house and guest house, with four bedrooms, six bathrooms, three half baths, private beach access, a bayfront dock with boat lift, a gulf front pool, and garage space for nine vehicles. The Hupp Group at Keller Williams Island Life Real Estate handled the sale.
The headline number is eye-catching, but the detail that drove the deal may be even more telling. The home came through recent hurricanes with no flood water intrusion in the main house, thanks to its 19.9-foot elevation. The listing agent noted that buyers in today’s market are weighing elevation, flood history, insurance costs, and pricing together before making an offer. In storm-prone coastal communities like ours, that combination is becoming as important as square footage or water views.
For anyone buying, selling, or insuring property on the Suncoast, this record sale is a sign of where values are heading. Resilience sells. Whether you own a cottage off Dearborn Street or a condo on the key, understanding your elevation and flood risk is now part of the conversation. So we want to know: would you pay more for a home that’s proven it can weather a storm?
