Sleepy Lagoon Longboat Key

Sleepy Lagoon is a luxury waterfront community of single family homes in Longboat Key, Florida, with a range of options priced between $1,175,000 and $4,390,000. There are currently a total of 8 homes for sale in Sleepy Lagoon. The smallest Sleepy Lagoon home presently available is a two bedroom two bathroom residence that is 2,510 square feet (1,755SF Under Air living space), and the largest of the Sleepy Lagoon homes currently on the market has six beds and five baths and is a 7,941 square foot (4,676SF Under Air) residence.

Property management fees in Sarasota County vary depending on the community and sometimes vary between homes in the community. The current HOA fees for homes in Sleepy Lagoon are $25. Please check the individual listing pages for the exact homeowners association fees for a particular Sleepy Lagoon home.

The Sleepy Lagoon HOA rules do allow homeowners to have pets. Dogs and cats are allowed.

There are two commercial airports that serve Sleepy Lagoon - Sarasota Bradenton International (SRQ), which is eight miles away, and Tampa International (TPA), which is 39 miles away. For those who fly private, there is a private airport nearby: Albert Whitted (SPG) which is twenty three miles away.

Sleepy Lagoon real estate activity on the Longboat Key MLS during the past year (as of May 2026) reflects that just one home changed hands during this time. Offered with an asking price of $1,649,000 and selling for $1,545,000, this represents a list/sell ratio of 94%. It took 34 days from the time it was listed until it sold.

In addition, there are numerous other communities in Longboat Key to choose from, or you may browse all available Longboat Key Real Estate, including some new construction opportunities. Homes for sale in Sleepy Lagoon are selling quickly. Set up a new listing alert, and we will notify you immediately when a new waterfront home in Sleepy Lagoon hits the market. You can also always contact your ZFC Real Estate agent, who would happily assist you further with all your Florida real estate needs.

Sleepy Lagoon Homes For Sale

Reduced

$4,390,000

$4,490,000

MLS#MFRA4677200

761 Norton St
Longboat Key, FL 34228

4

7

4

5,969 SqFt

Pool

Water Front

0.23 Acres

106 Days

$3,200,000

MLS#MFRTB8470030

614 Norton St
Longboat Key, FL 34228

6

6

4

7,941 SqFt

Pool

Water Front

0.23 Acres

99 Days

Reduced

$2.995 Million

$3,250,000

MLS#MFRA4683196

501 Norton St
Longboat Key, FL 34228

5

3

3

6,554 SqFt

Pool

Water Front

0.4 Acres

65 Days

$2.5 Million

MLS#MFRA4686401

771 Marbury Ln
Longboat Key, FL 34228

5

4

4

5,593 SqFt

Pool

Water Front

0.23 Acres

52 Days

Reduced

$2,495,000

$2,845,000

MLS#MFRA4674925

640 Lyons Ln
Longboat Key, FL 34228

3

4

5

5,265 SqFt

Pool

Water Front

0.23 Acres

138 Days

New Construction

Reduced

$1,945,000

$1,995,000

MLS#MFRA4681616

635 Marbury Ln
Longboat Key, FL 34228

4

3

2

3,315 SqFt

Pool

Water Front

0.23 Acres

79 Days

Under Contract

$1.5 Million

$1,697,000

MLS#MFRA4657604

701 Marbury Lane
Longboat Key, FL 34228

3

2

1

4,811 SqFt

Pool

Water Front

0.23 Acres

310 Days

$1,175,000

MLS#MFRTB8490318

616 Lyons Ln
Longboat Key, FL 34228

2

3

1

2,510 SqFt

Pool

0.23 Acres

44 Days

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8 Active Listings in Sleepy Lagoon