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Two of three high-end condo projects in the area have already sold out. A third might soon join the party.

Construction crews are expected to make progress on the St. Regis development, Sage condos and the Town Center stage.

With more than half of the units spoken for in the Sage Longboat Key condominium development and still more in the upcoming Residences at St. Regis Longboat Key, sales and prices of condos on Longboat Key are surpassing some of the region's record gains made in 2020. Demolition was approved last week at the site of the former Sea 'n' Sun Resort at 4651 Gulf of Mexico Drive, making way for a spring groundbreaking on Sage. The 16-unit luxury condominium is expected to be ready for occupancy in the fourth quarter of 2022. At least nine of the four-bedroom units are under contract, including al...

The Longboat Planning and Zoning Board on Tuesday unanimously approved a special exception and site development plan for the proposed Sage Longboat Key Residences. The plan is to build beachfront luxury condominiums at 4651 Gulf of Mexico Drive, the former site of the Sun 'n' Sea Cottages & Apartments. Prices will start at $4 million. Exceptions approved by P&Z Board Units per acre: 5.0 units per acre/16 units proposed, 6.0 units per acre/ 19 units permitted Maximum building coverage: 20.9% proposed, 30% permissible in the zoning code Minimum open space: 53% proposed, 50% minimum is required�...