Neighborhood · Sarasota, Florida
Colonial Terrace
A quiet Sarasota pocket close to everything
Colonial Terrace is a small, established residential neighborhood in the heart of Sarasota, the kind of place where you're minutes from the coast and downtown but tucked onto calmer streets. You're within easy reach of the beaches at Lido Key, the arts-and-dining energy of the Rosemary District, and the leafy, walkable feel of Arlington Park. It's a genuine live-here-year-round Sarasota community rather than a resort enclave.
For a buyer today, the challenge is simply finding a door that's open — there are currently no active listings in Colonial Terrace, so this is a market you watch and move on quickly. Over the past 12 months 10 homes sold here at a median price of $425,000, and sellers collected about 97% of their asking price, which tells you homes trade at fair value without dramatic bidding wars. If you want in, it's worth setting alerts and comparing nearby options like Indian Beach / Sapphire Shores while you wait.
Colonial Terrace is a community in Sarasota, Florida.
Quick facts
$6,200/mo median rent
7 sold in 12 months
Drive times
On the market now
Homes for sale in Colonial Terrace
Nothing active right now.
Set an alert below and we’ll email you the moment something lists here.
Every active listing inside the Colonial Terrace boundary
Open full map search →The numbers that matter
The Colonial Terrace market
7
Sold, last 12 months
$420,000
Median sold price
97%
Sale-to-list ratio
What sellers actually get vs asking
48 days
Median time to sell
Colonial Terrace vs Sarasota
Median sold price — 3-yr, 3-mo rolling
▼ 14.3% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Colonial Terrace boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Colonial Terrace is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
Population
975
Median age
38
Median income
$2,491
Median home value
$305,500
Beyond the listings
Living in Colonial Terrace
Appearance oriented
Top 6% in the U.S.Body Art
Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.
Food & Drink
Top 8% in the U.S.Hops & Brews
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
Pieces of History
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Attitudes
Top 10% in the U.S.Deal Seekers
These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.
Entertainment
Top 11% in the U.S.Lighthearted Fun
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Food & Drink
Top 12% in the U.S.Trendy Eats
Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.
Straight answers
Colonial Terrace FAQs
Is Colonial Terrace a good place to live?+
It's a good fit if you want a quiet, established Sarasota neighborhood with quick access to both downtown and the Gulf. You're close to the beaches of Lido Key and the walkable streets of Arlington Park, and it's a genuine residential community rather than a seasonal resort area.
Is Colonial Terrace expensive?+
For central Sarasota, it's relatively approachable — the median sold price over the past 12 months was $425,000. That sits well below the luxury waterfront prices you'll find closer to the coast, making it one of the more attainable pockets near downtown.
What do homes cost in Colonial Terrace?+
Ten homes sold here over the last year at a median price of $425,000. There are currently no active listings, so inventory is tight and you'll want to be ready to act when something comes up; comparing nearby Sarasota homes for sale can help you gauge value.
How is the market in Colonial Terrace?+
It's a low-inventory, steady market — no homes are active right now, and the 10 that sold in the past year went for about 97% of asking on average. That final-sale ratio points to fair pricing and reasonable negotiation rather than a frenzy.
What about HOA fees and property taxes?+
HOA and property-tax figures aren't available for Colonial Terrace in the current data, which is common for older, non-association neighborhoods. If you're renting first, the median rent runs about $6,200 per month, so confirm any carrying costs with your agent before you commit.
Keep exploring
More Sarasota neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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