Palm Place Apartments

7693 Alicia Ln, Sarasota, FL 34243

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
Call for Rents Studio - 2 Beds 1 - 2 Baths 288 - 864 Sq Ft
check_circle  Pets Allowed

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Open the door to exceptional living in a pet-friendly apartment at Palm Place Apartments. Choose from a variety of studio, 1 & 2 bedroom floor plans to find the space that speaks to you at their impressive community in Sarasota, Florida. No matter your layout preference, you will be rewarded with an unbeatable assortment of next-level features and amenities.

Take control of your day with an onsite laundry care facility and washer and dryer connections in your new home. Oversized walk-in closets and additional storage options mean it’s easy to stay organized and make the most of your space. They even offer online rental payment, so taking care of business is quick and easy. Your time is better spent enjoying the simple things – like a spacious private patio that’s perfect for quiet afternoons with a favorite book. 

Discover the studio, 1 & 2 bedroom apartment tailor-made for your lifestyle at Palm Place Apartments.

Dave's Thoughts On Palm Place Apartments

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Palm Place Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Palm Place Apartments Amenities

  • Private Patios
  • Full-Size Washer & Dryer Connections
  • On-Site Laundry

Units at Palm Place Apartments

Unit (Bd/Ba) Ft2 Rent
The Bristol (Studio/1) 288ft2 Call for Price
The Hampton (1/1) 576ft2 Call for Price
The Hampton Renovated (1/1) 576ft2 Call for Price
The Sterling (2/1) 864ft2 Call for Price
The Sterling Renovated (2/1) 864ft2 Call for Price
The Hadley Renovated (2/2) 864ft2 Call for Price
The Hadley (2/2) 864ft2 Call for Price

Income Qualification for Palm Place Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people
50% AMI for LIHTC Units $32,000 / year $36,600 / year $41,150 / year $45,700 / year
50% AMI for PBRA Units $32,000 / year $36,600 / year $41,150 / year $45,700 / year
60% AMI for LIHTC Units $38,400 / year $43,920 / year $49,380 / year $54,840 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Palm Place Apartments

Does Palm Place Apartments have a waiting list?

Palm Place Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Palm Place Apartments?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Palm Place Apartments?

Palm Place Apartments is managed by Harbor Group Management headquartered in Norfolk, VA.

In addition to Palm Place Apartments, how many other affordable housing properties (and units) are there in Sarasota?

In addition to Palm Place Apartments, we list 53 other affordable properties in Sarasota. Learn about these properties here. Our data research shows that there are a total of 1879 affordable units in Sarasota.

When was the Palm Place Apartments listing last updated?

Palm Place Apartments listing on Affordable Housing Online was last updated on 02/09/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Palm Place Apartments

Bayou Oaks

1160 Four Seasons Circle , Sarasota, Florida 34234

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

J. H. Floyd Sunshine Village

1777 18th St, Sarasota, Florida 34234

bed Studio-1
payment Subsidized

Meadow Park

1845 18th St, Sarasota, Florida 34234

bed 1
payment Subsidized
elderly Senior
accessibility Accessible

Cypress Square

1672 21st Street, Sarasota, Florida 34234

bed 1-4
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Janies Garden

2350 Central Ave, Sarasota, Florida 34234

bed 1-4
switch_access_shortcut Short Wait
accessibility Accessible

Mccown Towers/ Annex

1320 6th Street, Sarasota, Florida 34236

bed 1
payment Subsidized
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.