Neighborhood · Palmetto, Florida
Palm Lake Estates
Small Palmetto pocket with room to breathe
1
Homes for sale
$429,000
Median list price
$272
Avg price / sqft
112
Median days on market
Palm Lake Estates sits in Manatee County's Palmetto, a quiet residential pocket where single-family homes trade at a comfortable, mid-market pace rather than the frenzy you see closer to the water. It's the kind of address that keeps you close to the Palmetto Historic District and newer master-planned neighbors like Trevesta and Artisan Lakes Esplanade, while staying its own understated thing. Downtown Tampa is roughly 49 minutes up I-275, and Tampa International is about 52 minutes, so a commute or a flight is doable without living on top of the interstate.
For a buyer today, this is a thin-inventory market — there's currently just one active listing at $429,000, so your options are limited and timing matters. Over the past year only five homes sold here, at a median of $420,000, and sellers collected about 94% of asking, which tells you there's real negotiating room. With a median of 112 days on market, homes here don't fly off the shelf, so a patient, well-prepared buyer holds the leverage. Compare it against the broader pool of Palmetto homes for sale to see where it fits your budget.
Palm Lake Estates is a community in Palmetto, Florida.
Quick facts
$429,000 – $429K price range
1,576 sqft median home
$42/mo median HOA
5 sold in 12 months
Drive times
On the market now
Homes for sale in Palm Lake Estates
Every active listing inside the Palm Lake Estates boundary
Open full map search →The numbers that matter
The Palm Lake Estates market
5
Sold, last 12 months
$420,000
Median sold price
94%
Sale-to-list ratio
What sellers actually get vs asking
100 days
Median time to sell
Palm Lake Estates vs Palmetto
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 7.7% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Palm Lake Estates boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Palm Lake Estates is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Palm Lake Estates home
≈ $2,994/mo
$429,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$42/mo
Median HOA
From current listings inside the boundary
Population
610
Median age
36
Median income
$79,224
Median home value
$259,000
Beyond the listings
Living in Palm Lake Estates
Food & Drink
Top 1% in the U.S.Coffee Connoisseur
Morning java. Cup of Joe. Caffeine in an IV. Whatever they call it, this population loves coffee and the culture around it.
Lifestyles
Top 5% in the U.S.Student Life
There's more to student life than academics. It's about the experience - from classes and homecoming, to making lifetime friends and alumni events. These are students at school, taking classes online, or finding other ways to be students in their daily lives.
Beliefs
Top 8% in the U.S.Spiritual Practices
Making it to church on Sunday, this population is drawn together by their devotion to, primarily Christian, religion. Common activities include worship services and bible studies.
Food & Drink
Top 8% in the U.S.Sweet Treats
This population has a sweet tooth, and they're looking for treats to satisfy their sugar craving, including candy, cupcakes and flavorful toppings.
Hobbies & Interests
Top 8% in the U.S.Bookish
Always seeking the next book, article, or poem to read, this activity is prevalent in areas where reading is a way of life. Although a solo activity, the expression of the love of books is a bonding, communal experience.
Emotional
Top 9% in the U.S.Awestruck
Great things are meant to be shared, and this population is eager to show others what they find to be amazing, beautiful and exciting.
Straight answers
Palm Lake Estates FAQs
Is Palm Lake Estates a good place to live?+
It's a quiet, single-family residential pocket in Palmetto with a light HOA and easy access to the wider region — Downtown Tampa is about 49 minutes and TPA roughly 52. You're also close to the Palmetto Historic District if you want walkable, older-Florida character nearby. It suits buyers who want a settled, low-key neighborhood over resort-style amenities.
Is Palm Lake Estates expensive?+
Not by Gulf Coast standards — the median list price is $429,000 and homes sold over the past year at a median of $420,000. Pricing works out to about $272 per square foot on a median home size of 1,576 square feet. It sits in the middle of Palmetto's market rather than the high end.
What do homes cost in Palm Lake Estates?+
The single active listing is priced at $429,000, and the five homes that sold in the past 12 months came in at a median of $420,000. At roughly $272 per square foot, you're looking at mid-market pricing for a home around 1,576 square feet. For more inventory, it's worth widening your search to nearby Trevesta.
How is the market in Palm Lake Estates?+
It's a slow, thin market — just one active listing and five sales in the past year, with a median 112 days on market. Sellers averaged 94% of asking, so buyers who take their time have real leverage here. Because inventory is so limited, comparing against Artisan Lakes Esplanade can give you more to choose from.
What about HOA fees and property taxes?+
The median HOA is about $42 per month, which is modest and keeps monthly carrying costs down. Property taxes run around $5,784 per year at current values. Always confirm the exact figures for a specific home, since assessments and any community fees can vary.
Keep exploring
More Palmetto neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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