PALM PLACE
Homes for Sale in SARASOTA, FL

Community in SARASOTA · Sarasota County · ZIP 34217
35 homesBuilt 1928–2019Median sale $850K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · PALM PLACE Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$850K
Median sold · 12 mo
$598/sf
Sold $/sqft · 12 mo
peak $598 in 2026
94.9%
Sale vs ask
Tempo
70days
Median DOM · closed
5 days at the 2013 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
69%
Owner-occupied · PALM PLACE
24 of 35 parcels homesteaded (FL DOR 2025)
31%
Non-owner-occupied · PALM PLACE
incl. 20% trust or LLC-held · 20% out-of-state
67%
Cash buyers · PALM PLACE
2 of 3 sales, 12 mo ending June 2026
35
Homes in the community
35 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1928
Community established
homes built 1928-2019, median 1983 (FL DOR 2025)
1
Failed listings · 2026
peaked at 4 in 2016
1,421sqft
Median sold home size
12-mo windows, closed sales
8.6%/yr
Turnover rate
about 3 of 35 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

There is no current MLS pricing data available for Palm Place, which means any figure someone quotes you for this community right now is a guess dressed up as a fact. Until listings actually populate the feed, the honest answer is that we do not know where this market is sitting.

For a buyer or seller, that data gap is itself useful information: it points to a community with light current turnover in Sanford. Treat any early conversation about value here as directional, not definitive, until we can pull a comparable set of active or recently closed listings.

The 60-Second Overview

PALM PLACE market snapshot (as of August 2, 2026): the median sale price is about $850K ($598 per sq ft over the trailing 12 months of closed sales), and a median 70 days on market for closed sales.

PALM PLACE is a community of 35 homes in SARASOTA, Sarasota County, built between 1928 and 2019 (median 1983), with a median living area of about 1,464 square feet. 69% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Palm Place sits in Sanford, Seminole County, but current MLS data does not show enough listing activity to characterize pricing or trends with any confidence right now.

Best for

  • Buyers comfortable making decisions on a property-by-property basis rather than relying on published community trends
  • Sellers who want a direct read on their specific listing rather than a market-wide estimate
  • Anyone specifically targeting a Sanford, Seminole County address and willing to wait for listing activity

Probably not for

  • Buyers who need current median-price or days-on-market data before engaging
  • Buyers relying on a documented list of community amenities to make a decision
  • Anyone wanting a fast, data-backed comparison against other Sanford communities right now

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($850K) IS the median in the snapshot above.

Windows contain 0 to 4 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Deemed reliable but not guaranteed.

Every sale since 2004 · price vs size
$0$500K$1M$1.5M2k2k2k
38 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 4 a year; 3 in the current window.
Sellers who gave up · failed listings per year
024200820122016202020242026
Canceled, expired, or withdrawn. 4 quit in 2016; 1 so far in 2026. The clearest stress gauge a community has.
How much local inventory is already under contract

10% of homes for sale in ZIP 34217 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).

If we were buying in PALM PLACE today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in PALM PLACE.

Best Buy
Buyers and sellers who want a direct, listing-level look at Sanford rather than a community-wide average.
Biggest Risk
There is currently no pricing or activity data to size up this market with confidence.
Sweet Spot
Anyone willing to evaluate Palm Place property-by-property as listings appear.
Avoid If
You need established comparable pricing or amenity data before making a decision.

Not enough listings to read the market yet

No community amenities have been identified from current MLS listings for Palm Place, and there is no median price or days-on-market figure to report. That could mean a small footprint, low turnover, or simply a quiet stretch in listing activity. It does not necessarily mean anything negative about the community itself.

What we can say is that Palm Place is located in Sanford, within Seminole County, which places it inside that county's broader housing and services footprint. Anyone evaluating this community right now should plan on a direct, listing-by-listing look rather than relying on aggregate stats, since the aggregate simply is not populated yet.

The location and the amenities are priced into every listing in PALM PLACE. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

When a community has little to no current MLS data, the value of a broker who will say so plainly goes up, not down. We will tell you directly what we can and cannot verify about Palm Place, pull live listings the moment they surface, and help you evaluate any individual property on its own terms rather than on borrowed community-wide averages.

PALM PLACE in 15 seconds.

Best forBuyers and sellers who want a direct, listing-level look at Sanford rather than a community-wide average.
Biggest advantageLocation within Seminole County and the city of Sanford.
Biggest riskThere is currently no pricing or activity data to size up this market with confidence.
Sweet spotAnyone willing to evaluate Palm Place property-by-property as listings appear.
Avoid ifYou need established comparable pricing or amenity data before making a decision.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed PALM PLACE sales matched to your home.

What is your PALM PLACE home worth?

Get a no-obligation home value based on real comparable sales in PALM PLACE, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in PALM PLACE on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in PALM PLACE?
The median sale price in PALM PLACE was $850K over the 12 months ending August 2, 2026 (3 closed sales, Stellar MLS).
How long do homes in PALM PLACE take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 70 days on market (3 sales, Stellar MLS).
How many homes are in PALM PLACE?
The Florida DOR 2025 assessment roll shows 35 homes in PALM PLACE (public records).
What share of PALM PLACE is owner-occupied?
69% of PALM PLACE parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in PALM PLACE built?
Homes in PALM PLACE were built between 1928 and 2019, with a median year built of 1983 (FL DOR 2025 roll).
Do cash buyers compete in PALM PLACE?
Cash buyers took 67% of PALM PLACE sales in the 12 months ending June 2026 (2 of 3 closings, Stellar MLS).
Who is the best real estate agent for PALM PLACE?
The best agent for PALM PLACE is one who actively works SARASOTA and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for PALM PLACE.
How do I find a top SARASOTA real estate agent who knows PALM PLACE?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows PALM PLACE and the wider SARASOTA area.
Can Momentum Realty connect me with an agent for PALM PLACE?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your PALM PLACE purchase or sale - no call center and no pressure.
Buyers comfortable making decisions on a property-by-property basis rather than relying on published community trendsExcellent fit
Sellers who want a direct read on their specific listing rather than a market-wide estimateExcellent fit
Anyone specifically targeting a Sanford, Seminole County address and willing to wait for listing activityExcellent fit
Buyers who need current median-price or days-on-market data before engagingProbably not
Buyers relying on a documented list of community amenities to make a decisionProbably not
Anyone wanting a fast, data-backed comparison against other Sanford communities right nowProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (11 streets, ZIP 34217/34231/34235/34236))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2004 (38 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in PALM PLACE? 3 recorded closings; median 70 days on market (window ending 2026-08-02). See the Sarasota County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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