Seller's Agent in 2023
Ann Martin
Michael Saunders
(941) 356-7717
27 in this area
160 Total Sales
Plaza at Five Points 50 Central Ave Unit 17PHD Sarasota, FL 34236
Downtown Sarasota NeighborhoodEstimated Value: $3,492,000 - $3,781,000
3
Beds
4
Baths
4,095
Sq Ft
$4,173/mo
HOA Fee
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 2023A 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 Listed By
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #0188503 Listed on: 03/01/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $24,312
Year Built
- Built in 2005
Lot Details
- 0.47
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
- Visit Down Payment Resource Website
- Tax Lot 17D
- Assessor Parcel Number 2027032050
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
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
Total Days on Market
205
Current Estimated Value
Purchase Details
Listed on
Mar 1, 2023
Closed on
Nov 3, 2023
Sold by
Louis K Valente Revocable Trust
Bought by
Davis James and Davis Susan
Seller's Agent
Ann Martin
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ann Martin
MICHAEL SAUNDERS & COMPANY
List Price
$4,000,000
Sold Price
$3,600,000
Premium/Discount to List
-$400,000
-10%
Views
166
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.41%
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 SOTHEBYS INTL 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
17.78%
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 SOTHEBYS INTL 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
5.67%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| James E Davis And Susan F Davis 1998 Revocabl | $100 | None Listed On Document | |
| Davis James | $3,600,000 | None Listed On Document | |
| Valente Louis Kevin | $2,200,000 | Attorney | |
| Koon Martin D | $2,650,000 | Attorney | |
| Glazer Jeffrey J | -- | None Available | |
| Glazer Jeffrey J | $1,900,000 | Attorney | |
| Waterside Properties Llc | $1,400,000 | Attorney | |
| Caswell Robert | $1,700,600 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Valente Louis Kevin | $500,000 | |
| Previous Owner | Valente Louis Kevin | $1,980,000 | |
| Previous Owner | Koon Martin D | $1,400,000 | |
| Previous Owner | Glazer Jeffrey J | $1,200,000 | |
| Previous Owner | Caswell Robert | $191,500 | |
| Previous Owner | Caswell Robert | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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
-
Ann Martin
-
Joanna Benante
Seller Co-Listing Agent in 2023
Joanna Benante
Michael Saunders
(941) 356-7718
13 in this area
152 Total Sales
-
Joel Schemmel
Seller's Agent in 2020
Joel Schemmel
PREMIER SOTHEBYS INTL REALTY
(941) 587-4894
30 in this area
340 Total Sales
-
Andree Huffine
Seller's Agent in 2018
Andree Huffine
COLDWELL BANKER REALTY
(941) 232-4053
19 in this area
93 Total Sales
-
Stephanie Church
Seller's Agent in 2014
Stephanie Church
COLDWELL BANKER REALTY
7 in this area
95 Total Sales
About Plaza at Five Points
Map
Similar Homes in Sarasota, FL
Source: Stellar MLS
MLS Number: A4562203
APN: 2027-03-2050
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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