Palmer Place Townhouses

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Sold History and Market Report

Palmer Place Townhouses for Sale – Sarasota, Florida 34240

Palmer Place Townhouses for Sale

Highland Homes sure made the right moves in its new neighborhood, a townhouse community in the Palmer Place development. It sold out its Phase 1A in the first half of 2018 only just about a year after the townhouses’ launch. This neighborhood is notably one of the multifamily housing projects that some tactful builders undertook a lot more of in order to diversity their markets and help them recover from the Great Recession.

Highland Homes cornered for its townhouses a slice of the 412-acre Palmer Place development about 3 miles east of Interstate 75 off the junction of Palmer Boulevard and Iona Road. Several newly established Sarasota bedroom communities are among its neighbors, one of which is Artistry Sarasota across east on Iona Road.

Opposite to the south on Palmer Boulevard are the single family homes of Laurel Lakes and Palmer Lake, while the estate homes of Regent Lake flank Palmer Place towards north. Eagle Trace Estates and a horse-riding spread are on the western periphery of the Highland Homes townhouses.

Affordable Housing

Palmer Place Townhouses for Sale

The townhouses Highland Homes built in this neighborhood are in compliance with the Sarasota County’s requirement for the Palmer Place development to have at least 15 percent allocation for affordable housing out of its planned 600 residences. The Palmer Place townhouses were priced starting from $170,000, and the quick market absorption of the neighborhood’s first phase bodes well for sales of succeeding builds.

Highland Homes’ townhouses in Palmer Place live like single family homes with their floor areas of about 1,700 square feet designed with three bedrooms, two baths and a half-bath. Notably, these designs are replicated in another Highland Homes’ neighborhood, Bradford Manor, also a bedroom community located up in north Sarasota adjacent to the Rolling Green Golf Club.

Palmer Place townhomes feature 9′ 4” volume ceilings on the first floor, an open great room, and a private master suite with a walk-in closet. Each residence likewise flaunts an open concept kitchen, a covered lanai, and one-car garage with ample storage space.

Icon of Convenient Living

Palmer Place Townhouses for Sale

Living in Palmer Place offers a relaxed lifestyle, as lawn care and all exterior home maintenance are covered by the community’s HOA fees. A community park with open space, recreation path and seating areas are additional come-ons to call this place home.

Its proximity to Interstate 75 makes Palmer Place convenient to local shopping, dining and entertainment destinations. New road infrastructures linking Fruitville Road north of Palmer Place to University Parkway additionally provide access to the new lifestyle hubs rising at Lakewood Ranch Waterside.

The same road improvement projects open alternate routes to the Mall at the University Town Center and the business parks of Lakewood Ranch. Road corridors westwards of Palmer Place, in addition, are gateways to downtown Sarasota and the Gulf Coast beaches in Siesta Key, Lido and Longboat Key. Other perks of living in Palmer Place include easy access to local golf courses and sports centers. Likewise within easy reach from the community are schools and healthcare facilities, such as Tatum Ridge Elementary and Sarasota Medical Center.

Palmer Place Townhouses for Sale

Below are the current real estate listings available at Palmer Place Townhouses.

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