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Housing developments: Tradition, Florida vs. Lakewood Ranch, Florida

Quick Verdict

Lakewood Ranch is a more expensive community with top-rated schools and extensive green space, but it also has a higher crime rate. Tradition is more affordable and safer, but it has a lower-rated school district and is car-dependent. The choice depends on individual priorities regarding budget, education, safety, and lifestyle.

Key features – Side-by-Side

AttributeTradition, FloridaLakewood Ranch, Florida
Median Home Price$429,000 (May 2025), $407,662 (average home value), $432,322 (median sale price), $441,833 (April 2025)Around $634,489 (June 2025). Other sources list median values such as $665,000, $625,000, and $580,000.
Average Property Tax RateNot available (nearly 2%, CDD fees influence overall tax)Approximately 1.06% in Manatee County and 1.13% in Sarasota County
HOA Fees (Monthly)Cadence at Tradition: $338-$358, Seville: $530, Esplanade at Tradition: $482Range from $100 to $800 per month, but most fall between $200 and $300. Sweetwater HOA fees range from $219.56 to $227 per month, while Windward HOA fees range from $235 to $431 per month.
Number of Homes2,400-5,000Over 50,000 homes are currently sold or under lease. More than 23,500 for-sale and rental homes either built or under construction.
Available Home StylesSingle-family homes, townhouses, villas, apartments, zero lot line patio homes, active adult 55+ neighborhoods, condominiumsSingle-family homes, condos, townhomes, attached villas, and apartments.
Community AmenitiesClubhouses, fitness centers, swimming pools, game rooms, Tradition Square (shops, restaurants, entertainment), parks, green belts, lakes, waterways, biking paths, walking trails, gated security, dog parks, tennis, pickleball, basketball, bocce ball, horseshoe pitsGolf courses, parks, pools, clubhouses, fitness centers, tennis courts, walking trails, and shopping and dining options.
School District RatingB-minus (St. Lucie Public Schools)Served by both the Sarasota County School District and the Manatee County School District, both of which are known for their top-rated schools.
Crime Rate (per 1000 residents)Violent crime: 2.551, Overall crime: 9.838 (safer than 99% of neighborhoods), Port St. Lucie: 14.571 per 1,000 residents. Violent crime at 25.5 and property crime at 46.6.
Distance to Nearest Major CityNot availableApproximately 10-15 miles from Sarasota and about 50 miles from Tampa.
Walkability ScoreTradition: 3/100, Tradition Parkway: 24/100, Atlantic at Tradition: 33/100Varies within Lakewood Ranch.
Percentage of Green SpaceOver 300 acresMore than 14,000 acres certified as "green".
Builder ReputationMattamy Homes, D.R. HortonHomes from a variety of reputable builders.

Overall Comparison

Lakewood Ranch: Median Home Price $634,489, Top-Rated Schools, 14,000+ Acres Green Space. Tradition: Median Home Price $429,000, B-minus School Rating, Safer Than 99% of Neighborhoods.

Pros and Cons

Tradition, Florida

Pros:
  • Variety of home styles
  • Numerous community amenities
  • Significant green space
  • Relatively safe (99th percentile)
  • Community events at Tradition Square
Cons:
  • Car-dependent (low walkability score)
  • Decreasing home values
  • B-minus school district rating
  • Property tax rate information not readily available
  • Lack of information on resident satisfaction with HOA

Lakewood Ranch, Florida

Pros:
  • Extensive amenities
  • Top-rated schools
  • Low crime rate (generally)
  • Well-maintained landscaping and infrastructure
  • Wide range of community events and activities
Cons:
  • HOA fees
  • Traffic during peak seasons
  • Cost of living
  • Potential impact on property values and traffic from future developments
  • Increase in crime rates

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