A multifamily apartment community in Lakewood Ranch, Florida were listed on the market.
JBM Institutional Multifamily Advisors exclusively listed Olana Waterside, an institutional grade, Class A+, four-story multifamily community located within the affluent Waterside Place neighborhood of Lakewood Ranch, Florida. Built in 2024, this Sarasota MSA trophy asset consists of 242 units across approximately 25.8 acres +/-.
Olana Waterside offers a best-in-class amenity package centered around a resort-style saltwater pool, an expansive sundeck, grilling stations, turf game area, and screened-in pool pavilion featuring entertainment lounges and beverage bar.
Residents of the apartments enjoy a two-story, 24-hour state-of-the-art fitness center with a dedicated yoga/spin studio, along with a dog park, pet wash station, car wash station, three guest suites, and scenic walking and biking paths connecting throughout the community and neighboring Waterside Place.
The grand 18K+ SF clubhouse features a demonstration kitchen, golf simulator lounge, movie theater, bike storage, a cybercafé and conference room with co-working spaces, conference rooms, private offices, podcast room, and complimentary coffee/tea station.
Olana Waterside offers a mix of one, two, and three-bedroom units averaging 1,083 SF. Chef-inspired kitchens include Frigidaire stainless steel appliances, quartz countertops, wine racks, and flat-panel cabinetry. Primary bathrooms include glass walk-in showers with ceramic tile surrounds, while secondary bathrooms offer garden tubs.
Additional features include wood-style plank flooring, walk-in closets, private screened-in patios/balconies, and 10′ ceilings in all 4th floor units.
Located within the highly desirable Lakewood Ranch submarket, the nation’s #1 multigenerational master-planned community for the past 8 years, Olana Waterside benefits from proximity to major employers, including Lakewood Ranch Medical Center, FCCI, TriNet, and Sarasota Memorial Hospital. Just 2 miles away, University Town Center encompasses more than 4 million SF of retail, dining, and entertainment, including over 250 shops and 80 restaurants. The Property is also within a top-rated school district. Within a 1-mile radius, Average Net Worth is $4MM+, Average Household Income is $205K+, and Median Home Value is $893K+.
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