
Neighborhood · Sarasota, Florida
Palmer Lake
East Sarasota living with room to breathe
3
Homes for sale
$529,000
Median list price
$279
Avg price / sqft
5
Median days on market
Palmer Lake sits on Sarasota's eastern side, a quieter pocket of the county where lots feel a little more generous and the pace slows without giving up access to everything Sarasota does well. It's the kind of neighborhood that appeals to buyers who want a comfortable single-family home rather than the beach-adjacent premium you'd pay closer to the coast. Compare it to established in-town options like Arlington Park or the coastal draw of Lido Key and the trade-off is clear: more house, more calm, a bit more distance from the water.
The market here is small and moves fast. Right now there are just 3 active listings with a median list price of $529,000, and homes are going under contract in a median of 5 days. Over the last 12 months only 4 homes sold, at a median of $438,713, with sellers collecting about 97% of asking — so serious buyers should come ready. If Palmer Lake's inventory is too thin on the day you're looking, it's worth keeping tabs on the broader Sarasota homes for sale market alongside it.
Palmer Lake is a community in Sarasota, Florida.
Quick facts
$525,000 – $545K price range
2,139 sqft median home
$206/mo median HOA
4 sold in 12 months
Drive times
On the market now
Homes for sale in Palmer Lake

$529,000
8478 NANDINA DRIVE, SARASOTA
3 bd · 2.5 ba · 2,139 sqft

$525,000
8467 NANDINA DRIVE, SARASOTA
3 bd · 2 ba · 1,567 sqft

$545,000
8418 NANDINA DRIVE, SARASOTA
4 bd · 2.5 ba · 2,139 sqft
Every active listing inside the Palmer Lake boundary
Open full map search →Find your fit
Browse Palmer Lake
By feature — on the live map
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
▼ 40.7% 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
≈ $3,608/mo
$529,000 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 solid fit for buyers who want a residential, single-family neighborhood on Sarasota's east side without paying beach-town premiums. Assigned schools include Sarasota High School and McIntosh Middle School, and you're still within easy reach of in-town areas like the Rosemary District.
Is Palmer Lake expensive?+
It sits in a moderate range for Sarasota County, with a median list price of $529,000 and an average of $279 per square foot. That's typically more affordable than coastal Sarasota neighborhoods, giving you more square footage for the money.
What do homes cost in Palmer Lake?+
Current active listings run from $525,000 to $545,000, with a median list price of $529,000 and a median home size of 2,139 square feet. Over the past year, actual sales closed at a median of $438,713, so there's often room between list and sold prices.
How is the Palmer Lake market right now?+
It's tight and fast — just 3 active listings, and homes are going under contract in a median of 5 days. With sellers averaging about 97% of asking, buyers should be pre-approved and prepared to move quickly, or widen the search to nearby areas like Indian Beach / Sapphire Shores.
What about HOA fees and property taxes?+
The median HOA here runs about $206 per month, and median property taxes are around $4,855 per year. Those are reasonable figures for a Sarasota County single-family neighborhood, though exact costs vary by home.
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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