ST. PETERSBURG, Fla., Sept. 18, 2026 /PRNewswire/ -- JBM^® Institutional Multifamily Advisors has exclusively listed Olana Waterside – an institutional grade, Class A+, four-story multifamily community located within the affluent Waterside Place neighborhood of Lakewood Ranch, FL. Built in 2024, this Sarasota MSA trophy asset consists of 242 units across approximately 25.8 acres +/-.

Call For Offers is set for October 1^st, 2026.

Product

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 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, 3 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.

Units

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 4^th floor units.

Location

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+.

About JBM^®

JBM^® is the #1 ranked boutique brokerage firm in the U.S.A. Green Street's 2025 national multifamily broker rankings rank JBM^® as the #1 highest average sold price per transaction throughout the entire U.S.A. (five years in a row) and JBM^® has a lifetime transactions volume of $20+ billion and 176,000+ units.

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SOURCE JBM Institutional Multifamily Advisors