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Sarasota, Florida’s multifamily market likely at peak vacancy

Demand remains strong as the construction pipeline declines
Villas at Venice, an 81-unit apartment complex in Venice, Florida, a suburb in the Sarasota market. (CoStar)
Villas at Venice, an 81-unit apartment complex in Venice, Florida, a suburb in the Sarasota market. (CoStar)
CoStar Analytics
January 12, 2026 | 5:39 P.M.

Sarasota, Florida, entered 2026 with its highest multifamily vacancy rate on record since CoStar started tracking the market in 2000.

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News | Sarasota, Florida’s multifamily market likely at peak vacancy