Neighborhood Spotlight

You Can Own Paradise, too…

By: Corina Liranzo, Realtor®, EXP Realty

If only the bankrupt Florida Mortgage Company in 1885 knew their 50,000acre estates would turn into a slice of paradise, which anyone can own today. From $90,000 condominiums to $10.5 million dollar estates, there are over 20 different styles of neighborhoods in Palmer Ranch, Sarasota, FL.

Even for Chicago’s wealthiest businesswoman, Bertha Palmer, and Florida’s first “snow-bird,” there was no place on earth that compared to Palmer Ranch. In 1910, she purchased 80,000 acres for farming and built a permanent home in Palmer Ranch at what is now known as the Historic Spanish Point.

Palmer Ranch’s rich diversity appeals to many different people. Whether you’re a young growing family looking for a first home or you’re soon to retire and want a second home someplace warm, Palmer Ranch is planned out to accommodate just about anyone. Each of the 20 neighborhoods is conveniently located near numerous thriving local businesses and recreational amenities. From sprawling golf courses and shopping malls to some of the highest-rated schools, and only a short 6-minute drive to America’s #1 beach, Siesta Key.

Palmer Ranch is Sarasota’s best-kept secret. On average in the month of February 2021, homes in Palmer Ranch sold at 1.5 percent lower than the asking price. The median list price was $402K. Nevertheless, with over 20 different neighborhoods in Palmer Ranch, you can find a home suitable for any budget.

Currently, on the market, we have a very diverse portfolio of properties. For example, a one-bedroom, one-bathroom condo is listed at $90K, while a fourbedroom three-bathroom, single-family home is on sale for $1.3 million. We also have 2,000 square foot manufactured homes that are selling for $30K with all updated features, while waterfront estates are listed at $10.5 million, complete with a boat dock and fully furnished interiors. The property varieties are vast and accommodating to anyone who wants their own piece of paradise. •