Phillippi Gardens

It's a quiet residential neighborhood on Sarasota's south side with waterfront parcels and strong school assignments — Phillippi Shores Elementary, Brookside Middle, and Riverview High. You're close to the beaches of Lido Key and downtown Sarasota's cultural scene, which makes it appealing for both families and buyers who want water access.

The active market skews high, with a median list price of $1,250,000 and four listings above $1M — mostly waterfront. But the past year of closings tells a more moderate story, with a median sold price of $560,000, so there's meaningful range depending on the segment you target.

Active listings currently range from $475,000 to $1,597,000, averaging about $520 per square foot on a median home size of 1,971 square feet. Over the last 12 months, 17 homes closed at a median of $560,000, which reflects the typical sale better than the premium-heavy active inventory.

Inventory is tight at just seven active listings, but homes are taking their time — the median days on market is 100. Sellers are averaging 96% of asking, which signals room for buyers to negotiate rather than a fast-moving market.

There's no significant HOA reported for the neighborhood, so you're generally not looking at monthly association dues here. The median property tax runs about $6,537 per year, and median rent sits around $3,585 per month if you're weighing renting against buying.