$2,650,000
SOLD OCT 2, 2018
3 Beds
4 Baths
4,095 Sq Ft
$2,838/mo HOA Fee

Recently Sold

$647 Per Sq Ft

7% Below List Price

146 Days on Market

Highlights

  • White Water Ocean Views
  • Fitness Center
  • Heated Spa
  • Booker High School Rated A-
  • Penthouse
  • 1-minute walk to Five Points Park

About This Home

As of November 2023

Located in the heart of downtown Sarasota, the Plaza at Five Points is the epitome of modern luxury living. This spacious 17th Floor Penthouse offers sweeping views of Sarasota Bay, Siesta Key, and the Gulf of Mexico beyond. The contemporary, open plan is elegant and polished, with every aspect designed to maximize the spectacular setting, and fabulous appointments throughout. From the natural beauty of the stone floors and countertops to the spacious and well-appointed baths, every detail has been meticulously and exquisitely designed. The main living area is open, yet intimate, with several seating areas. The master suite features generous his and her walk-in closets, and his and her private baths with Jacuzzi tub and walk in shower. Custom Italian cabinetry in the kitchen is ample and well planned. One guest bedroom is used as a den, with a creative murphy bed solution. The other guest bedroom has a separate entrance option for guests and/or care giver. This secured building has a Residents Only Lobby, valet services, concierge, club room with fireplace and catering kitchen, outstanding fitness center, conference room, guest suite, and a large heated pool with incredible views, large sunbathing area and covered sitting area. This unit comes with two parking spaces and a large storage room, conveniently located adjacent to the elevator entrance. The building is pet friendly. The Main Street setting allows for easy walking access to fabulous restaurants, theaters, galleries and shopping.

Last Agent to Sell the Property

Andree Huffine

COLDWELL BANKER REALTY License #3051858 Listed on: 03/07/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Joel Schemmel

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3060476

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,239

Year Built

  • Built in 2005

HOA Fees

  • $2,838 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Home Design

  • Penthouse
  • Stem Wall Foundation
  • Steel Frame
  • Built-Up Roof

Interior Spaces

  • 4,095 Sq Ft Home
  • Built-In Features
  • Decorative Fireplace
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Dryer
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Pool

  • Heated Spa
  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • End Unit

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, internet, maintenance structure, maintenance repairs, manager, pest control, recreational facilities, security
  • Propertymanager@Plazafive.Com 941 955 3483 Association
  • High-Rise Condominium
  • Plaza At Five Points Residences Community
  • Plaza At Five Points Residences Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 17-Story Property

Recreation

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed
  • Breed Restrictions

Additional Features

  • Elevator
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,239

Year Built

Built in 2005

Lot Details

0

HOA Fees

$2,838 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Repairs, Manager, Pest Control, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Metal Frame
  • Fireplace: Yes
  • Living Area: 4095
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 4284
  • Directions to Property: Plaza at Five Points - Valet parking at motor court off of 1st Street
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4212447&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4212447&cview=true&show_results=true&customer_portal=true
  • Floor Number: 15+
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Home Warranty Y N: No
  • Property Description: Corner Unit, High Rise, Penthouse
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.92982
  • Price per Sq Ft: 647.13
  • Close to Original List Price Ratio: 0.92982
  • Ratio: Current Price\Building Area Total: 618.58
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Decorative
  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble
  • Full Bathrooms: 4
  • Interior Amenities: Built in Features, Living Room/Dining Room Combo, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 17
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 50
  • Room Count: 6
  • Additional Rooms: Great Room, Inside Utility, Interior In-Law Suite, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Heated
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Full, Intracoastal Waterway, Marina
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0133F
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Underground
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Pool
  • Association Amenities: Elevator(s), Fitness Center, Security
  • Association Fee Frequency: Quarterly
  • Association Name: propertymanager@plazafive.com 941 955 3483
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 8513
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 2838
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 34052
  • Total Monthly Fees: 2837.67

Lot Info

  • Zoning: CCBD
  • Parcel Number: 2027032050
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Breed Restrictions, Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 2 Months
  • Approval Process: Application and background check
  • Num Timesper Year: 2
  • Pet Restrictions: Dogs, cats, birds. Certain breed restrictions - check with Property Manager
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Tenants no pets

Tax Info

  • Tax Annual Amount: 25239
  • Tax Lot: PH17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Davis James and Davis Susan
Bought by
James E Davis And Susan F Davis 1998 Revocabl and Davis

Purchase Details

Listed on
Mar 10, 2019
Closed on
Nov 3, 2020
Sold by
Koon Martin D and Koon Jennifer A
Bought by
Valente Louis Kevin
Seller's Agent
Joel Schemmel
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Ann Martin
MICHAEL SAUNDERS & COMPANY
List Price
$2,895,000
Sold Price
$2,200,000
Premium/Discount to List
-$695,000
-24.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%
Original Mortgage
$1,980,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2018
Closed on
Oct 2, 2018
Sold by
Glazer Jeffrey J and Glazer Bonnie H
Bought by
Koon Martin D and Koon Jennifer A
Seller's Agent
Andree Huffine
COLDWELL BANKER REALTY
Buyer's Agent
Joel Schemmel
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$2,850,000
Sold Price
$2,650,000
Premium/Discount to List
-$200,000
-7.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.52%
Original Mortgage
$1,400,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 15, 2015
Sold by
Glazer Jeffrey J and Glazer Bonnie H
Bought by
Glazer Jeffrey J and Glazer Bonnie H

Purchase Details

Listed on
Jul 2, 2012
Closed on
May 1, 2014
Sold by
Waterside Properties Llc
Bought by
Glazer Jeffrey J and Glazer Bonnie H
Seller's Agent
Stephanie Church
COLDWELL BANKER REALTY
Buyer's Agent
Andree Huffine
COLDWELL BANKER REALTY
List Price
$2,395,000
Sold Price
$1,975,000
Premium/Discount to List
-$420,000
-17.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$1,200,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2011
Sold by
Server Joy
Bought by
Waterside Properties Llc

Purchase Details

Closed on
Feb 10, 2006
Sold by
Five Points Sarasota Investors Llc
Bought by
Caswell Robert and Server Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Warranty Deed $2,200,000 Attorney
Warranty Deed $2,650,000 Attorney
Interfamily Deed Transfer -- None Available
Warranty Deed $1,900,000 Attorney
Warranty Deed $1,400,000 Attorney
Deed $1,700,600 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,980,000 New Conventional
Previous Owner $1,400,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,200,000 Adjustable Rate Mortgage/ARM
Previous Owner $191,500 Unknown
Previous Owner $1,500,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 For Sale $4,300,000 +19.4% $1,050 / Sq Ft
11/07/2023 11/07/23 Sold $3,600,000 0.0% $879 / Sq Ft
09/24/2023 09/24/23 Off Market $3,600,000 -- --
09/23/2023 09/23/23 Pending -- -- --
03/28/2023 03/28/23 Price Changed $3,800,000 -5.0% $928 / Sq Ft
03/01/2023 03/01/23 For Sale $4,000,000 +81.8% $977 / Sq Ft
11/03/2020 11/03/20 Sold $2,200,000 -11.6% $537 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
05/08/2020 05/08/20 Price Changed $2,490,000 -7.6% $608 / Sq Ft
01/16/2020 01/16/20 Price Changed $2,695,000 -3.6% $658 / Sq Ft
08/22/2019 08/22/19 Price Changed $2,795,000 -3.5% $683 / Sq Ft
03/03/2019 03/03/19 For Sale $2,895,000 +9.2% $707 / Sq Ft
10/02/2018 10/02/18 Sold $2,650,000 -7.0% $647 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $2,850,000 +44.3% $696 / Sq Ft
05/01/2014 05/01/14 Sold $1,975,000 -17.5% $482 / Sq Ft
04/14/2014 04/14/14 For Sale $2,395,000 +21.3% $585 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
11/06/2013 11/06/13 Off Market $1,975,000 -- --
03/08/2013 03/08/13 Price Changed $2,395,000 -4.0% $585 / Sq Ft
07/02/2012 07/02/12 For Sale $2,495,000 -- $609 / 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 $24,926 $2,347,100 -- --
2023 $24,926 $1,684,566 $0 $0
2022 $24,312 $1,635,501 $0 $0
2021 $24,568 $1,587,865 $0 $0
2020 $35,375 $2,186,800 $0 $2,186,800
2019 $35,443 $2,196,600 $0 $2,196,600
2018 $24,999 $1,534,900 $0 $1,534,900
2017 $25,239 $1,534,900 $0 $1,534,900
2016 $25,704 $1,535,300 $0 $1,535,300
2015 $27,129 $1,586,300 $0 $1,586,300
2014 $22,338 $1,114,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4212447

Stellar MLS

APN: 2027-03-2050