5100 NORTHRIDGE RD Sarasota FL 34238-3702

Palmer Ranch is a 10,000-acre, premier master planned community that features manicured, tree lined streets and walkways, several relaxing ponds and canals, and access to the Legacy Trail, Sarasota’s preeminent bike and walking resource.

Serenade on Palmer Ranch is resort style condominium community, affording residents the opportunity to reside within the Ranch and enjoy the unrivaled beauty and convenience of this location. Only 7 miles to the famed Siesta Key Beach and other enjoyable Gulf attractions. On site amenities include clubhouse, two large pools, tennis court, and a gym fully equipped with weight and cardio resources.

NOTE: Lease term restricted to 6-month minimum and no more than two leases per calendar year.

The Serenade on Palmer Ranch Portfolio consists of 13 rental segments including two-(2) bedroom units, two-(1) bedroom units, and rights to five-(5) garages and three-(3) carports. This configuration provides the investor with multiple opportunities to produce reliable income from the diverse sources available in this offering. The net income includes revenue from condominiums, garages and carports.

Rent roll and other investment information available to qualified buyers.

NOTE: A fellow investor is also listing additional units in Serenade on the same platform. Contact us for details or to explore combining packages for greater scale in this high-demand, amenity-rich gated community!

DISCLAIMER

Financial Projections: Any financial projections, including Net Operating Income (NOI) and Cap Rates, are provided for reference only and are based on assumptions relating to the general economy, market conditions, and other factors beyond the control of the Seller or Broker. Specifically, income figures for vacant units or garages may reflect market rate estimates (Pro Forma) rather than actual historical collections. Prospective purchasers must make their own projections and conclusions regarding the acquisition of the property.

Buyer’s Responsibility: The information contained in this offering is believed to be reliable. However, it is the sole responsibility of all potential buyers to take appropriate measures to verify all of the information set forth herein.