Neighborhood · Sarasota, Florida
Palmer Lake
A quiet Sarasota pocket with real value
1
Homes for sale
$545,000
Median list price
$255
Avg price / sqft
20
Median days on market
Palmer Lake sits comfortably within reach of everything that makes Sarasota worth the move — the Gulf beaches out at Lido Key, the walkable art-and-dining scene of the Rosemary District, and the leafy bayfront streets of Indian Beach / Sapphire Shores. It's the kind of neighborhood that trades big-name flash for a settled, residential feel, with homes sized for actual living rather than showing off. Families here are zoned for Sarasota High, McIntosh Middle, and Tatum Ridge Elementary.
For a buyer today, the story is scarcity. There's currently one active listing at $545,000, and the five homes that sold over the past year moved at a median of $477,425 — sellers collecting about 97% of asking. With a median of just three days on market, this is a fast, competitive corner of the Sarasota market, so come pre-approved and ready to act.
Palmer Lake is a community in Sarasota, Florida.
Quick facts
$545,000 – $545K price range
2,139 sqft median home
$206/mo median HOA
4 sold in 12 months
On the market now
Homes for sale in Palmer Lake
Every active listing inside the Palmer Lake boundary
Open full map search →The numbers that matter
The Palmer Lake market
4
Sold, last 12 months
$438,713
Median sold price
97%
Sale-to-list ratio
What sellers actually get vs asking
26 days
Median time to sell
Palmer Lake vs Sarasota
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 38.5% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Palmer Lake boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Palmer Lake is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Palmer Lake home
≈ $3,702/mo
$545,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$206/mo
Median HOA
From current listings inside the boundary
Population
1,621
Median age
60
Median income
$131,232
Median home value
$715,200
Beyond the listings
Living in Palmer Lake
Relationships
Top 15% in the U.S.Happily Ever After
Whether it's the stress of wedding planning or looking back on that special day, this population has their eyes and hearts focused on lifelong commitment.
Entertainment
Top 16% in the U.S.Lighthearted Fun
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Lifestyles
Top 17% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Culture
Top 20% in the U.S.Sites to See
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Beliefs
Top 20% 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 21% 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.
Straight answers
Palmer Lake FAQs
Is Palmer Lake a good place to live?+
It's a settled, residential neighborhood that keeps you close to Sarasota's beaches, culture, and the walkable Rosemary District. Families benefit from assignment to Sarasota High, McIntosh Middle, and Tatum Ridge Elementary. The trade-off is limited inventory — good homes here don't sit long.
Is Palmer Lake expensive?+
It reads as solid mid-market for Sarasota, with the single active listing priced at $545,000 and last year's sales landing at a median of $477,425. At roughly $255 per square foot, you get real living space without the premium of a waterfront or gated address.
What do homes cost in Palmer Lake?+
The current active listing is $545,000, while the five homes sold over the past 12 months closed at a median of $477,425. The typical home is around 2,139 square feet, so pricing tracks close to $255 per square foot.
How is the market in Palmer Lake?+
It's fast and tight — median days on market is just three, and sellers are averaging about 97% of their asking price. With only one home active right now, buyers should expect quick decisions and come ready to compete for anything in the broader Sarasota area.
What about HOA fees and property taxes?+
The median HOA runs about $206 per month, and property taxes come in around $4,985 a year. Both are manageable for the price point, but confirm the specific figures on any individual home before you write an offer.
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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