NOT LISTED FOR SALE

Plaza at Five Points 50 Central Ave Unit 11E Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $1,384,000 - $1,629,000

2 Beds
2.5 Baths
2,035 Sq Ft
0.47 Acres

Last Sold April 21, 2021

Last sale price $1,050,000 $516 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,284/month

55 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Open Floorplan
  • Booker High School Rated A-
  • 0.47 Acre Lot
  • 1-minute walk to Five Points Park

About This Home

As of April 2021

Enjoy the ultimate of downtown living from this perfectly located building. Finally on the market...this 11th floor unit is light, bright, spacious and located high enough to enjoy BAY views from all rooms. This desirable floor plan features 2 bedrooms plus a private office/den, a powder room and at 2035 sf under air lives even larger. The owner's retreat, accessed from a private hallway has bay views and sliders to the balcony. It features a large walk-in custom outfitted closet, cork flooring, and large bathroom with his/hers sinks, soaking tub and separate shower. The handsome kitchen with espresso wood cabinets and black granite overlooks the great room with its hardwood floors, breakfast bar with sliders to the balcony. The second bedroom is ensuite and has bay views. The den/office with double doors for privacy is large enough to have a home office but can also accommodate overflow company. There are sun shades on all windows and the laundry room has plenty of storage and a sink. Plaza at Five Points is a boutique building of 49 residential condos. It is pet friendly allowing for 2 large dogs and the amenities include; a heated pool, spa, a screened cabana with fireplace for entertaining, a grill area, comfortable club room with a catering kitchen, a conference room, guest suite an a state of the art fitness room. There is concierge service and valet parking. This unit comes with 2 parking spots and a climate-controlled storage unit. Just steps to the library, Opera House, Florida Studio Theatre, Whole Foods, Starbucks, the Farmer's Market on Saturdays and all the shops, galleries and restaurants on Palm Avenue and Main Street - it doesn't get more convenient than this!

Last Agent to Sell the Property

Janis Collier

MICHAEL SAUNDERS & COMPANY License #0481205 Listed on: 01/13/2021

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Ron Collier

MICHAEL SAUNDERS & COMPANY License #3202960

Last Buyer's Agent

Jill Singer

MICHAEL SAUNDERS & COMPANY License #0621013

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,893

Year Built

  • Built in 2005

Lot Details

  • West Facing Home

Parking

  • 2 Car Attached Garage
  • Common or Shared Parking
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Property Views

Home Design

  • Contemporary Architecture
  • Concrete Roof
  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • 2,035 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Shades
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Utility Room
  • Security Gate

Kitchen

  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Cork
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Kitchen
  • Outdoor Storage

Schools

  • Alta Vista Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Water Filtration System
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2027032011

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, common area taxes, community pool, escrow reserves fund, fidelity bond, maintenance exterior, ground maintenance, pest control, pool maintenance, recreational facilities, security, sewer, trash, water
  • John Vetri Association, Phone Number (941) 955-3483
  • Plaza At Five Points Commercial Community
  • Plaza At 05 Points Residences Subdivision
  • Association Approval Required
  • The community has rules related to deed restrictions
  • 17-Story Property

Amenities

  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets up to 101 lbs
  • Limit on the number of pets

Security

  • Security Service
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,893

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Maintenance Exterior, Maintenance Grounds, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Description: High Rise
  • Water View: Yes
  • Construction Materials: Concrete
  • Living Area: 2035.00
  • Homestead: Yes
  • Lot Size Acres: 0.47
  • Year Built: 2005
  • Building Area Total: 2182.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4488356?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4488356?w=Customer
  • Lot Size Sq Ft: 20615
  • Building Search Sq Meters: 202.71
  • Directions to Property: Plaza At Five Points; corner of Main Street and Central Avenue; park on the street or enter parking garage on 1st Street and use valet parking.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 6
  • Living Area Units: Square Feet
  • Additional Rooms: Great Room, Inside Utility, Storage Rooms
  • Flooring: Carpet, Ceramic Tile, Cork, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Water Filtration System
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Floor Number: 11
  • Levels: One
  • Stories: 17
  • Window Features: Drapes, Rods, Shades, Window Treatments
  • Living Area Meters: 189.06
  • Street Number Modifier: 50

Exterior Features

  • Direction Faces: West
  • Other Structures: Outdoor Kitchen, Storage
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Concrete
  • Water View: Bay/Harbor - Partial
  • Flood Zone Code: X
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115c0133f
  • View: City, Water
  • Water Body Name: SARASOTA BAY
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Common, Covered, Guest

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Plaza At Five Points Commercial
  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Pool
  • Pet Restrictions: No pit bull or pit bull mix; see condo docs for additional information.
  • Building Name Number: PLAZA AT FIVE POINTS
  • Condo Fees: 4560
  • Condo Fees Term: Quarterly
  • Max Pet Weight: 101
  • Monthly Condo Fee Amount: 1520
  • Pet Size: Extra Large (101+ Lbs.)
  • Association Amenities: Elevators, Fitness Center, Pool, Security, Spa/Hot Tub
  • Association Approval Required: Yes
  • Association Name: John Vetri
  • Phone: 941-955-3483
  • Security: Fire Alarm, Key Card Entry, Secured Garage / Parking, Security Gate, Smoke Detector(s)
  • Association Website: http://propertymanager@plazafive.com

Fee Information

  • Total Annual Fees: 18240.00
  • Total Monthly Fees: 1520.00

Schools

  • Elementary School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Elementary School: Alta Vista Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning Compatible: Yes
  • Zoning: CCBD
  • Parcel Number: 2027032011
  • Lot Features: In County
  • Lot Size Square Meters: 1915

Rental Info

  • Minimum Lease: 2 Months
  • Additional Lease Restrictions: No pets allowed; minimum term 60 days, see condo docs for additional details
  • Furnished: Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Number Limit, Yes
  • Years of Owner Prior to Leasing: Yes

Multi Family

  • Approval Process: Approval required

Tax Info

  • Tax Annual Amount: 13892.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Apr 19, 2021
Sold by
Antonuk John E and Lowe Virginia A
Bought by
Jacobs Tamara
Seller's Agent
Janis Collier
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Jill Singer
MICHAEL SAUNDERS & COMPANY
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Current Estimated Value
$1,482,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,211
Avg. Annual Appreciation
9.24%
Original Mortgage
$548,250
Outstanding Balance
$501,746
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,048,969

Purchase Details

Listed on
Mar 1, 2013
Closed on
Apr 29, 2013
Sold by
Frestel John P and Frestel Dianne L
Bought by
Antonuk John E and Lowe Virginia A
Seller's Agent
Jim Soda
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Janis Collier
MICHAEL SAUNDERS & COMPANY
List Price
$979,000
Sold Price
$927,500
Premium/Discount to List
-$51,500
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.57%

Purchase Details

Closed on
Oct 25, 2010
Sold by
Frestel John P and Frestel Dianne L
Bought by
Frestel John P and Frestel Dianne L

Purchase Details

Closed on
Dec 2, 2005
Sold by
Five Points Sarasota Investors Llc
Bought by
Frestel John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jacobs Tamara $1,050,000 Attorney
Antonuk John E $927,500 None Available
Frestel John P $400,500 Attorney
Frestel John P $910,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Tamara $548,250
Previous Owner Frestel John P $75,000
Previous Owner Frestel John P $728,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2021 04/21/21 Sold $1,050,000 -4.5% $516 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
02/14/2021 02/14/21 For Sale $1,100,000 0.0% $541 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $1,100,000 +18.6% $541 / Sq Ft
04/29/2013 04/29/13 Sold $927,500 -5.3% $456 / Sq Ft
03/24/2013 03/24/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $979,000 -- $481 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,640 $1,178,872 -- --
2023 $16,640 $1,144,536 $0 $0
2022 $16,243 $1,111,200 $0 $1,111,200
2021 $12,049 $758,600 $0 $758,600
2020 $13,893 $854,600 $0 $854,600
2019 $13,344 $822,300 $0 $822,300
2018 $13,078 $803,100 $0 $803,100
2017 $13,203 $803,100 $0 $803,100
2016 $13,464 $803,500 $0 $803,500
2015 $14,210 $830,200 $0 $830,200
2014 $13,274 $548,977 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janis Collier

    Seller's Agent in 2021

    Janis Collier

    Michael Saunders

    (941) 313-1212

    11 in this area

    47 Total Sales

    Janis Collier
    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Ron Collier

    Michael Saunders

    (941) 321-9045

    6 in this area

    23 Total Sales

    Ron Collier
    Section Image

  • J

    Buyer's Agent in 2021

    Jill Singer

    Michael Saunders

    (941) 350-4223

    2 in this area

    3 Total Sales

    Jill Singer
    Section Image

  • J

    Seller's Agent in 2013

    Jim Soda

    LIMBO COMPANY SARASOTA ASSOC

    Section Image
  • Ian & Julie Cutmore

    Seller Co-Listing Agent in 2013

    Ian & Julie Cutmore

    FINE PROPERTIES

    (941) 545-5616

    24 Total Sales

    Ian & Julie Cutmore
    Section Image
See All Agents

About Plaza at Five Points

Map

Source: Stellar MLS

MLS Number: A4488356

Stellar MLS

APN: 2027-03-2011

Florida Sarasota County Sarasota 34236 Downtown Sarasota

50 Central Ave Unit 11E, Sarasota, FL

This home is located at 50 Central Ave Unit 11E, Sarasota, FL 34236 since 13 January 2021 and is currently estimated at $1,482,211, approximately $728 per square foot. This property was built in 2005. 50 Central Ave Unit 11E is a home located in Sarasota County with nearby schools including Alta Vista Elementary School, Booker Middle School, and Booker High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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