Neighborhood · Sarasota, Florida
Palm Lakes
Attainable Sarasota living close to the coast
11
Homes for sale
$279,900
Median list price
$215
Avg price / sqft
53
Median days on market
Palm Lakes is one of Sarasota's more approachable pockets, a place where everyday life stays close to the water without the price tags you'll find on Lido Key or in the walkable Rosemary District. It's the kind of community that trades flash for practicality — modest square footage, a handful of waterfront lots, and a location that keeps the rest of Sarasota within easy reach.
For buyers, the math is friendly. With 11 active listings and a median list price of $279,900, Palm Lakes sits well below the county's headline numbers, and homes here have been selling around 93% of asking over the past year. Sellers aren't rushing — the typical listing takes about 53 days — which gives a patient buyer real room to negotiate, especially compared with tighter markets like Indian Beach / Sapphire Shores.
Palm Lakes is a community in Sarasota, Florida.
Quick facts
$165,000 – $739K price range
1,456 sqft median home
$522/mo median HOA
$2,100/mo median rent
20 sold in 12 months
On the market now
Homes for sale in Palm Lakes
$205,000
7153 W COUNTRY CLUB DR N UNIT 145, SARASOTA
2 bd · 2 ba · 909 sqft
$299,900
7102 W COUNTRY CLUB DRIVE N, SARASOTA
2 bd · 2 ba · 1,768 sqft
$165,000
7461 W COUNTRY CLUB DRIVE N UNIT 402, SARASOTA
2 bd · 2 ba · 1,090 sqft
$739,000
6988 COUNTRY LAKES CIRCLE, SARASOTA
3 bd · 3 ba · 2,121 sqft
$250,000
7461 W COUNTRY CLUB DRIVE N UNIT 203, SARASOTA
2 bd · 2 ba · 1,090 sqft
$350,000
7354 W COUNTRY CLUB DRIVE N, SARASOTA
2 bd · 2 ba · 1,456 sqft
$360,000$369,900
7708 32ND STREET E, SARASOTA
2 bd · 2 ba · 1,464 sqft
$279,900$299,900
7128 W COUNTRY CLUB DRIVE N, SARASOTA
3 bd · 2 ba · 1,832 sqft
$320,000$334,900
3220 78TH AVENUE E, SARASOTA
2 bd · 2 ba · 1,464 sqft
$244,900$245,500
7193 W COUNTRY CLUB DRIVE N UNIT 237, SARASOTA
2 bd · 2 ba · 909 sqft
$165,000$185,000
7461 W COUNTRY CLUB DRIVE N UNIT 301, SARASOTA
2 bd · 2 ba · 1,390 sqft
Every active listing inside the Palm Lakes boundary
Open full map search →Find your fit
Browse Palm Lakes
By feature — on the live map
Where the market lives
The numbers that matter
The Palm Lakes market
20
Sold, last 12 months
$227,500
Median sold price
93%
Sale-to-list ratio
What sellers actually get vs asking
61 days
Median time to sell
Palm Lakes vs Sarasota
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 2.3% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Palm Lakes boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Palm Lakes is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Palm Lakes home
≈ $2,459/mo
$279,900 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$522/mo
Median HOA
From current listings inside the boundary
$2,100/mo
Median rent
Homes for rent inside the boundary
Population
304
Median age
45
Median income
$16,877
Median home value
$128,783
Beyond the listings
Living in Palm Lakes
Food & Drink
Top 13% in the U.S.Hops & Brews
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
Food & Drink
Top 15% in the U.S.Trendy Eats
Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.
Beliefs
Top 18% in the U.S.Local Engagement
These citizens want to make their neighborhood a better, more beautiful place to live. They're attentive to the needs and affairs of the local community.
Relationships
Top 23% in the U.S.Networking
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Food & Drink
Top 24% in the U.S.Asian Food & Culture
Asian culture has a lot to offer, but the Asian cuisine tends to be the most frequently referenced. This population is talking about Asian dishes, holidays, and drinks.
Pieces of History
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Straight answers
Palm Lakes FAQs
Is Palm Lakes a good place to live?+
It's a practical, centrally located Sarasota neighborhood that keeps you close to the coast and downtown while staying more affordable than beachfront areas. Assigned schools include Gulf Gate Elementary, Brookside Middle, and Riverview High. If you want proximity to Sarasota's best without the premium, it's an easy fit.
Is Palm Lakes expensive?+
Not by Sarasota standards — the median list price is $279,900 and the median home sold for $237,500 over the past year. Listings currently range from $165,000 to $739,000, so there's genuine variety, but the heart of the market lands well under the county average. You won't find any $1M+ listings here right now.
What do homes cost in Palm Lakes?+
Expect around $215 per square foot on a median home of about 1,456 square feet, which pencils out to a median list price of $279,900. The 20 homes sold in the last year closed at a median of $237,500. For Sarasota buyers watching their budget, that's a competitive number.
How is the market in Palm Lakes right now?+
There are 11 active listings, and homes are taking a median of 53 days to sell — a measured pace that favors buyers. Sellers are getting about 93% of their asking price on average, so there's typically room to negotiate. It's not a frenzied market, which works in a patient buyer's favor.
What about HOA fees and property taxes?+
The median HOA here runs about $522 per month, so it's worth checking what that covers on any specific home. Median property taxes are roughly $3,024 per year, and if you're weighing renting first, the median rent is around $1,975 per month.
Keep exploring
More Sarasota neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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