5431 Communications Parkway, FL5431 Communications Parkway, FL5431 Communications Parkway, FL
Stellar MLS
1 / 11

$575,000

5431 Communications Parkway

Sarasota, FL 34240

Listing updated: July 31, 2026 at 3:40 PM ET

Active
Stellar MLSListing courtesy of Coldwell Banker Realty · Randy Fallon · MLS #A4701330 · Active · 941-366-8070
0
Baths
1,262
Sq Ft
5.4
Acres
2024
Built
5.4 acres$456/sqft360° tour
Industrial

Property type

2024

Year built

235,028 sqft

Lot size

$456

Price / sq ft

No HOA

HOA dues

1

Day on market

X

Flood zone

About this home

Welcome to Luxe Dream Garage, Sarasota’s premier gated luxury garage condominium community. This 1,262 sq. ft. climate-controlled garage condo offers a rare opportunity to create the ultimate custom automotive retreat. Delivered as a blank canvas, the space is ready for your vision—whether that’s a showroom-quality garage, workshop, private collection space, or an upscale entertainment area. The unit features soaring 21-foot ceilings, a large overhead garage door, climate control, and ample space to comfortably accommodate four to six vehicles on the ground with room for an additional vehicle on a lift. The generous ceiling height also provides the opportunity to add a spacious mezzanine, creating the perfect man cave, lounge, office, or entertainment space overlooking your collection. Luxe Dream Garage is designed for automotive enthusiasts who appreciate security, convenience, and community. Ownership includes access to the gated facility’s two-story clubhouse featuring an elevator, full kitchen, conference rooms, outdoor terrace with grilling area, and gathering spaces for owners and enthusiasts. Whether you’re protecting an exotic, classic, luxury, or collector vehicle, this is your opportunity to design a one-of-a-kind automotive showcase tailored to your lifestyle.

Estimated monthly payment

Principal & interest$2,908
Property taxes$337
Home insurance (est.)$264

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 history1 days on market

  1. Status: Active
    Jul 30, 2026
  2. Listed$575,000
    Jul 30, 2026
  3. Price increased$575,000

Facts & features

Property type
Commercial Sale
Sub type
Industrial
Status
Active
Days on market
1
Subdivision
Luxe Dream Garage Condo
County
Sarasota
Year built
2024
Living area
1,262 sq ft
Price/sq ft
$456
Lot size
235,028 sq ft
Lot category
5 to less than 10
Flood zone
X
Annual taxes
$4,049 (2025)
Parcel #
0188141020
Zoning
PCD
MLS #
A4701330

Ask about this home

Have a question? Ask the broker directly.

Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.

Your question is private and goes only to Ryan — it is never published on this page.

Interior Details

Flooring
Concrete
Stories / Levels
One

Heating & Cooling

Cooling
Mini-Split Unit(s)

HOA & Financial

Total monthly fees
$264/mo
Total annual fees
$3,168
Ownership
Condominium

Exterior & Construction

Construction materials
Concrete
Foundation
Slab
Road surface
Asphalt

Listing Details

Listing date
2026-07-25
On market date
2026-07-30
Original list price
$575,000
Occupant type
Vacant
MLS area
34240 - Sarasota
Listing AOR
Sarasota - Manatee
Status changed
2026-07-30
Tax legal description
UNIT 20, LUXE DREAM GARAGE, PB 50 PG 8-14

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

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

Location

Directions

From Fruitville Exit off I75, Head East. Turn Left onto Lakewood Ranch Blvd. Continue on Lakewood Ranch Blvd Northbound through two traffic circles. Turn right onto Communications Parkway, Luxe Dream Car Condos will be on your right. Meet Listing agent at front gate for access

More homes like this

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 July 31, 2026 at 3:40 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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