I think that you're going to have a very hard time finding something in the Towles Court area that is in your price range, but there are now almost 150 condos in that price range on Palmer Ranch. Unfortunately, there are issues with many of the condo developments on Palmer Ranch that are in this range, and you would be wise to talk to a Realtor who knows the area well in order to avoid problems in the future. You'll want to know things like how many foreclosures there are in a development, how many of the units are owner-occupied vs. rented, what is going on with nearby commercial construction that may adversely affect property values, planned road construction, etc. Palmer Ranch is a great place to live, partly because it is still growing and constantly changing. I'm sure that is one reason why your friend is interested in living here.
I live on Palmer Ranch and do most of my business here, and would be happy to help you. Unfortunately, I don't have any condo listings in the suggested price range at this time, but that's okay. I'll gladly provide you or your friend with unbiased information on the community, without any obligation to work with me. If you'd like my help with the search and the transaction, that's great, but not at all necessary. Feel free to call me or send an email with your questions.
Coldwell Banker Residential Real Estate, Inc.
423 St. Armands Circle
Sarasota, FL 34236