The Palms Condominiums

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The Palms Condominiums Condos for Sale – Sarasota, Florida 34237

The Palms Condominiums

The Palms Condominiums is a property development located on Coconut Bay Lane just west of Tuttle Ave. and south of Fruitville Road. It is one of the communities in the Park East neighborhood of Sarasota wherein a large portion of the residents are young professionals, a marked contrast with other local communities where seniors and retirees dominate.

The reason behind this marked deviation is that housing is more affordable in this locality as exemplified in the lower-priced residences at The Palms compared with Sarasota condos for sale in other neighborhoods. Likewise, proximity to job opportunities, such as those at the Sarasota Business Park in North Gate and at the downtown a short distance north and west of The Palms, respectively, makes its condos a logical choice as housing for workers and employees.

Units like new

The Palms Condominiums

The lower price points of Sarasota condos for sale at The Palms are definitely attractive to the working class. Developed in 1974, this condominium complex offers two-bedroom units with floor areas ranging from 866 to 1,010 square feet priced in the low $100s. The price level drops slightly under this mark for one-bedroom residences in The Palms with floor plans of 714 square feet.

The Palms condos for sale typically include remodeled units which look like new and feature granite countertops and stainless steel appliances. With tile floorings throughout, these choice condos likewise flaunt spacious walk-in closets and screened lanais.

Upscale amenities

The Palms Condominiums

These residences are housed within a cluster of three-story buildings hugged by lush landscaping. The facilities in the condominium complex include elevators and a laundry room in each building.

Amenities typical in upscale Sarasota condos for sale can likewise be found at The Palms. These include a large swimming pool with lounge chairs in its deck and a picnic area with barbecue grills. In addition, the complex has tennis courts and a volleyball sand pit.

The condominium also has a clubhouse with a fitness center, sauna, a 25-seat movie theater, billiard room, library, free Wi-Fi, and business office. The Palm homeowners’ association fee is quite affordable, and moves are underway for the complex to be gated.

More value primers

With these enticing features, Sarasota condos for sale at The Palms are also ideal choices as vacation homes or rental properties. Notably, the condominium is only about two miles to downtown and its lifestyle and cultural attractions. Lido Beach, another top local tourist draw, is also just six miles west of The Palms. Other nearby points of interest include the Ed Smith Stadium adjacent north of the condos, as well as the Sarasota Northeast Plaza Shopping Center and the Bobby Jones Golf Club both only a few minutes’ drive from The Palms.

Moving forward, continuing improvement in the quality of life within The Palms’ Park East neighborhood can be expected to boost values in this property and other Sarasota condos for sale in the area. Notably, Park East is one of the eight localities in Sarasota covered by the city government’s Neighborhood Action Strategy. Under this program, partnership grants are offered twice per fiscal year to qualified improvement projects in each of the covered neighborhood.

The Palms Condos for Sale

Below are the current real estate listings available at The Palms Condominiums

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