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JBM Lists Lakewood Ranch Luxury Apartment Complex for Sale

JBM Lists Lakewood Ranch Luxury Apartment Complex for Sale

With an average household income exceeding $205,000 in the immediate vicinity, the newly constructed Olana Waterside apartments in Lakewood Ranch have hit the market. JBM Institutional Multifamily Advisors is managing the sale of this 242-unit Class A+ trophy asset, with a firm deadline for prospective buyer offers set for October 1.

Completed in 2024, the four-story residential community spans 25.8 acres within the affluent Waterside Place neighborhood. The property targets a high-end demographic, featuring an 18,000-square-foot clubhouse equipped with co-working offices, a podcast studio, and a golf simulator. Outdoor amenities center on a saltwater pool, a screened-in pavilion, and extensive trail networks that link directly to the surrounding master-planned development.

The residential units average 1,083 square feet and include high-end finishes such as quartz countertops, wine racks, and glass-enclosed walk-in showers. The site’s strategic location places it near major regional employers including the Lakewood Ranch Medical Center and Sarasota Memorial Hospital. Potential investors are evaluating a submarket characterized by a median home value of $893,000, underscoring the asset's position within one of the nation's most sought-after master-planned communities.

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