Researchers who study demographics as they apply to residential trends are seeing a sort of reverse migration among members of the Millennial Generation, many of whom are choosing to move out of urban centers. What is interesting about this trend is the type of neighborhoods that millennial home buyers seem to prefer; instead of gated communities, they like places such as Beechwood Estates in Sarasota.
Located in the Eastwoods district of Sarasota, just south of the Bobby Jones Golf Club, Beechwood Estates is a subdivision initially developed in the 1970s. This soon-to-be historic neighborhood has a lot of character and is perfect for home buyers planning to raise a family.
The home sites at Beechwood Estates are at least 10,000 square feet; they are surrounded by mature trees and offer lots of garden and patio space for children to play and enjoy. The properties here are all custom Florida ranch-style houses that have been remodeled through the years. In less than two decades, these homes will likely be entered into the National Register of History Places, where they will be examples of Southwest Florida architecture at a time when the regional economy was very promising.
A lake and fountain at the center of Beechwood Estates gives this quiet neighborhood a refreshing touch of nature. Since are no thoroughfares, traffic is always light. With only 50 properties in this community, the few available listings tend to sell fast; as of August 2018, the entry price in Beechwood Estates was less than $225K for a three-bedroom home with two bathrooms and a large oak tree in front. Latest pricing at Beechwood Estates Sarasota will be found below if there is inventory.
One of the reasons Beechwood Estates attracts millennial home buyers is that it has a very appealing suburban feel despite being less than two miles away from Downtown Sarasota. This neighborhood is surrounded by shopping districts, private schools and city parks. Driving to the beach is something that residents can reasonably do on a daily basis. All in all, Beechwood Estates is a place that all home buyers can enjoy.
