50 Central Avenue, FL
Stellar MLS

$2,890,000

50 Central Avenue

Sarasota, FL 34236

Listing updated: May 9, 2026 at 4:23 PM ET

Active
3
Beds
4
Baths
4,095
Sq Ft
0.47
Acres
2005
Built
Water view$706/sqft
Condominium

Property type

2005

Year built

20,615 sqft

Lot size

$706

Price / sq ft

No HOA

HOA dues

356

Days on market

2

Garage spaces

X500

Flood zone

About this home

Penthouse Perfection in the Heart of Downtown Sarasota — The Plaza at Five Points Poised high above the vibrant cultural epicenter of Sarasota, this exceptionally renovated 17th-floor penthouse at The Plaza at Five Points epitomizes modern elegance and urban sophistication. Perfectly situated across from Five Points Park, The Selby Library, and the Sarasota Opera House, this distinguished residence places you steps from world-class dining, galleries, theaters, and boutique shopping. With floor-to-ceiling windows and an expansive open-plan layout, this luxurious home in the sky offers breathtaking, panoramic vistas that sweep across the city skyline, Sarasota Bay, the marina, and onward to the shimmering horizon of the Gulf of Mexico. The terrace invites tranquil mornings and unforgettable sunsets, framing the coastal beauty of Florida at its finest. Designed for both effortless entertaining and serene living, the interior boasts soaring volume ceilings and exquisite contemporary finishes throughout. The main living space is a masterclass in modern design, featuring refined stone flooring, custom built-ins, a striking marble-clad gas fireplace, and a fully integrated wet bar with stone counter and led illumination. The gourmet kitchen is a chef’s dream—adorned with new sleek cabinetry, stone countertops, cabinet paneled refrigerator and high-end stainless-steel appliances, a spacious island, large eat in area, and designer tile backsplash - all blending style with functionality. The primary suite is a private sanctuary, complete with a secluded terrace, dual luxurious bathrooms, and generous his-and-her walk-in closets. A sumptuous Jacuzzi tub, separate walk-in shower, and elegant stone finishes elevate the spa-like ambiance. Two additional en-suite bedrooms—one of which serves as a sophisticated study with built-in storage and a hidden Murphy bed—offer privacy, versatility, and guest accommodations of the highest standard. Life at The Plaza at Five Points is defined by its world-class amenities and unwavering attention to detail. Residents enjoy a private, secured lobby entrance, full-time concierge, and valet services. Socialize or entertain in the elegant club room with a fireplace and catering kitchen, hold meetings in the professional conference room, or unwind in the rooftop heated pool and spa, surrounded by expansive sun decks and covered lounging areas. Additional amenities include a fully equipped state-of-the-art fitness center, a furnished guest suite, gazebo and grill area, and a Grand Motor Court. This penthouse residence also includes two secure garage parking spaces and an oversized, climate-controlled storage unit ideally located just steps from the unit’s hallway. The pet-friendly building offers the ultimate convenience for those seeking refined urban living in one of Florida’s most sought-after coastal cities. Don't wait to build, this new apartment is ready for you. Where Sophistication Meets the Sky — Experience the Pinnacle of Sarasota Living.

Estimated monthly payment

Principal & interest$14,613
Property taxes$2,880
Home insurance (est.)$1,325

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history356 days on market

  1. Status: Active
    Apr 1, 2026
  2. Listed$4,300,000
    Apr 28, 2025
  3. Price reduced$2,890,000

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
356
Subdivision
Plaza At 05 Points Residences
County
Sarasota
Year built
2005
Living area
4,095 sq ft
Price/sq ft
$706
Building area
4,284 sq ft (Public Records)
Lot size
20,615 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X500 (12115C0133F)
Garage
2 spaces
Annual taxes
$34,554 (2024)
Parcel #
2027032050
Zoning
DTB
MLS #
A4650526

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Interior Details

Bedrooms
3
Full bathrooms
4
Flooring
Carpet, Ceramic Tile, Marble
Appliances
Bar Fridge, Dishwasher, Disposal, Dryer, Other, Range, Refrigerator, Washer
Interior features
Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Window Treatments
Laundry
Inside
Stories / Levels
One
Direction faces
West

Heating & Cooling

Heating
Central, Electric, Zoned
Cooling
Central Air

Parking

Garage spaces
2
Attached garage
Yes
Parking features
Basement

HOA & Financial

Total monthly fees
$4,678/mo
Total annual fees
$56,132
HOA name
Property Manager at Plaza at Five Points - Diane
CDD
No
Homestead exemption
Yes
Min lease term
3 Months
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
per HOA
Approval process
per HOA

Exterior & Construction

Exterior features
Balcony, Sliding Doors, Storage
Construction materials
Block, Stucco
Roof
Membrane
Foundation
Slab
Water view
Yes
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Public

Community

Pets allowed
Breed Restrictions, Number Limit, Size Limit, Yes

Schools

ElementaryAlta Vista ElementaryGreatSchools ↗
MiddleBooker MiddleGreatSchools ↗
High SchoolBooker HighGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
KitchenFirst16x14
Living RoomFirst32x24
Primary BedroomFirst19x15
Bedroom 2First14x12
Bedroom 3First14x11

Listing Details

Listing date
2025-04-22
On market date
2025-04-28
Original list price
$4,300,000
Occupant type
Owner
MLS area
34236 - Sarasota
Listing AOR
Sarasota - Manatee
Status changed
2026-04-01
Tax legal description
UNIT 17PHD, PLAZA AT FIVE POINTS RESIDENCES

Flood risk

Moderate riskFEMA Zone X500Panel 12115C0133F

Moderate-risk area (0.2% annual-chance / “500-year” floodplain). Flood insurance is recommended but usually not required.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From Fruitville Road, take a left on N. Orange Ave, right on Main Street, then take a right on Central Ave.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 9, 2026 at 4:23 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA