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Two-Bed Two-Bath Apartment Community
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5529 Palmer Blvd, Sarasota, FL 34232

20-unit multifamily property built in 2000 and 2006 featuring two-bedroom, two-bath apartments with in-unit washer/dryers.

Property SizeContact for details
Lot Size1.35 Acres
Days on Market124

Property Features for 5529 Palmer Blvd

General Information

Standard status Active
Lot size 1.35 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 20

Building Details

Year Built 2000
Year Renovated 2006
Listing Agency: The Multifamily Firm
Listed By: Phil Ginexi · License #FL SL3266689
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 5:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Multifamily Firm

Investment Insights

Based on property information with market context.

Palm Village is a 20-unit apartment community in Sarasota, Florida, with construction dating to 2000 and 2006. The property totals 1.35 acres and offers a unit mix of 100% two-bedroom, two-bath layouts. Apartments include high cathedral ceilings, in-unit washer/dryers, and either screened lanai’s or patios.

Tenants pay separately metered utilities. The community is positioned as a residential income asset with a two-bedroom configuration across all units.

For prospective buyers and brokers, the consistent apartment program and in-unit amenities are key characteristics of the property’s day-to-day leasing profile.

Key Highlights

  • 20‑unit multifamily property in Sarasota, FL
  • Built in 2000 and 2006
  • All units are 2 bed / 2 bath with high cathedral ceilings

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Acupuncture Law Firm Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units

Location Intelligence

Trade Area within ½ mile

984
Businesses Nearby

Demographics for 34232, FL

34,671
Population
17,248
Households
2
Avg Household Size
47
Median Age
34%
College-Educated
93%
High-School Grad
11.0 sq mi
ZIP Area
3,152
Density / Sq Mi
$81,041
Median Household Income
$44,166
Median Earnings
$1,836
Median Rent
$332,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 20-unit multifamily property built in 2000 and 2006 featuring two-bedroom, two-bath apartments with in-unit washer/dryers.
Where is this apartment building located?
The property is located at 5529 Palmer Blvd Sarasota, FL.
What are key features of this property?
This property features: 20‑unit multifamily property in Sarasota, FL; Built in 2000 and 2006; All units are 2 bed / 2 bath with high cathedral ceilings
(941) 444-6160 Call to check price and availability
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