$3,600,000
SOLD NOV 7, 2023
3 Beds
4 Baths
4,095 Sq Ft
$4,173/mo HOA Fee

Recently Sold

$879 Per Sq Ft

10% Below List Price

205 Days on Market

Highlights

  • White Water Ocean Views
  • Fitness Center
  • 0.47 Acre Lot
  • Booker High School Rated A-
  • Heated Indoor Pool
  • 1-minute walk to Five Points Park

About This Home

As of November 2023

A sophisticated vantage point, located in the heart of downtown Sarasota! This spectacular corner unit penthouse residence features floor to ceiling windows that fill the residence with light, while offering bay views with sunset vistas. A modern design with exquisite finishes showcases multiple spaces to entertain, including a custom built-in wet bar and fireplace, surrounded by high ceilings and open spaces. The well-equipped kitchen boasts Italian cabinetry, quartz and mosaic tile countertops, a large island and glass backsplash. The main bedroom suite offers separate baths, walk-in closets and a private terrace. There are two additional bedrooms with private baths, one is currently used as a game/exercise room with a wall Murphy bed. Building amenities are abundant and include concierge, private lobby entrance, valet, service, club room, catering kitchen, conference room, guest suite, fitness center, rooftop terrace, pool, spa and grill. Two garage parking spaces are included, as well as an air-conditioned storage room. Pet friendly for large pets. All just steps to downtown shopping, dining and cultural activities. Plaza at Five Points is a sought after building and this residence is a unique opportunity to be in Sarasota’s premier location.

Last Agent to Sell the Property

Ann Martin

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #0188503 Listed on: 03/01/2023

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Joanna Benante

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3194005

Last Buyer's Agent

Ann Martin

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #0188503 Listed on: 03/01/2023

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,312

Year Built

  • Built in 2005

HOA Fees

  • $4,173 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking
  • Parking Garage Space

Property Views

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,095 Sq Ft Home
  • Open Floorplan
  • Bar Fridge
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Laundry in unit

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Home Security

Pool

  • Heated Indoor Pool
  • Saltwater Pool
  • Spa

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Customized Wheelchair Accessible
  • West Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, ground maintenance, management, recreational facilities, security, trash, water
  • Property Manager At Plaza At Five Points Diane Association, Phone Number (941) 955-3483
  • Plaza At Five Points Residences Community
  • Plaza At 05 Points Residences Subdivision
  • 17-Story Property

Recreation

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Breed Restrictions
  • Extra large pets allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,312

Year Built

Built in 2005

Lot Details

0

HOA Fees

$4,173 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Grounds, Management, Recreational Facilities, Security, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 4095
  • Lot Size Acres: 0.47
  • New Construction: No
  • Year Built: 2005
  • Accessibility Features: Customized Wheelchair Accessible
  • Building Area Total: 4284
  • Lot Size Sq Ft: 20615
  • Directions to Property: Downtown Sarasota at Five Points where Main Street intersects with Central Ave.
  • Status: Sold
  • Co List Office Mls Id: MFR281502392
  • Co List Office Phone: 941-388-4447
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 15+
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 879.12
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,End Unit,High Rise,Penthouse
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Marble
  • Full Bathrooms: 4
  • Interior Amenities: Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan
  • Appliances Included: Bar Fridge, Other
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 17
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 50
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 380.44
  • Room Count: 5

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, Indoor, Salt Water
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Membrane
  • Pool Private: No
  • View: Pool, Water
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Full,Gulf/Ocean to Bay,Intracoastal Waterway,Marina
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0133F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Under Building

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness Center, Pool
  • Association Fee Frequency: Quarterly
  • Association Name: Property Manager at Plaza at Five Points - Diane
  • Phone: 941 955 3483
  • Association: Yes
  • Security: Secured Garage / Parking, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: breed restriction
  • Association Fee Requirement: Required
  • Building Name Number: PLAZA AT FIVE POINTS
  • Condo Fees: 12518
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: propertymanager@plazafive.com
  • Monthly Condo Fee Amount: 4173
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 50072.00
  • Total Monthly Fees: 4172.67

Schools

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

Lot Info

  • Zoning: DTB
  • Parcel Number: 2027032050
  • Additional Parcels: No
  • Flood Zone Code: X500
  • Homestead YN: 1
  • Lot Size Square Meters: 1915

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: per HOA

Tax Info

  • Tax Annual Amount: 24311.88
  • Tax Lot: 17D

Multi Family

  • Approval Process: per HOA

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
08/02/2025 08/02/25 Price Changed $3,890,000 -9.5% $950 / Sq Ft
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: A4562203

Stellar MLS

APN: 2027-03-2050