 Property values in Southgate have skyrocketed in the last few years, and its close proximity to downtown Sarasota, beaches, and shopping makes it a very desirable place to live.As of the census of 2000, there were 7,455 people, 3,629 households, and 2,072 families residing in the CDP.The population density was 3,647.9 people per square mile (1,411.0/km²).