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Sold for $4,500,000
    • $4,500,000

    50 CENTRAL AVENUE #17PHC, SARASOTA, FL 34236

    3beds
    4,174sqft
    Condominium
    Built in 2005
    -- sqft lot
    $4,313,200 Zestimate®
    $1,078/sqft
    $7,939 Estimated rent

    Home value

    $4,313,200

    $3.88M - $4.79M

    $7,939/mo

    Zestimate® history
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    What's special

    Gas fireplaceFire tableFloor-to-ceiling windowsSummer kitchenCristallo quartzite countertopsExpansive terracesCustom built-ins
    Perched atop The Plaza at Five Points in the heart of downtown Sarasota, this exceptional penthouse offers an unrivaled blend of sophistication, breathtaking bay and city views, and unparalleled craftsmanship. Designed by Westwater Construction, this residence redefines luxury with meticulous attention to detail and an expansive layout that feels like a private estate. Every room is designed to maximize panoramic vistas, with floor-to-ceiling windows and two expansive terraces that invite seamless indoor-outdoor living. A dual-sided gas fireplace, framed by custom shell stone, serves as a focal point in the open living room, enhanced by dimmable lighting to create the perfect ambiance. A dedicated formal dining area with extensive bar, an office with custom built-ins, and family room offer both functionality and elegance. The chef’s kitchen is a masterpiece of design. Custom Australian walnut cabinetry and Cristallo quartzite countertops are complemented by an array of professional-grade appliances, including a Wolf six-burner dual-fuel range with griddle, convection ovens, and a built-in steam oven. A handcrafted CopperSmith range hood, dual Rachiele copper sinks with Waterstone faucets, an instant hot water dispenser, and a built-in Wolf coffee station further elevate this space. A Sub-Zero Designer Series refrigerator/freezer and island ensure ample storage, while a built-in desk provides convenience. The Fine Art handcrafted Foret chandelier adds the prefect touch of artistry. Wine connoisseurs will appreciate the custom bar area, crowned with a striking Sahara Noir marble countertop and illuminated by sommelier chandeliers made from repurposed wine bottles. A temperature-controlled wine room holds 300 bottles and completes this indulgent area. The primary suite is a serene retreat with private terrace access and an elegant en-suite bath featuring spa-inspired finishes. Two additional bedroom suites with walk-in closets also enjoy terrace access. The expansive outdoor spaces extend the living area, offering the ultimate setting for relaxation and entertainment. A custom-built Ipe bench surrounds a sleek fire table, while a fully equipped summer kitchen with a Lynx grill, sink, and electronic louvered roof allows for effortless alfresco dining. Lush built-in planters enhance the urban oasis, creating a serene escape above the city. Additional conveniences include two secure under-building parking spaces and a private storage unit. Residents of The Plaza enjoy access to a full suite of five-star amenities, including concierge services, valet parking, grilling area, rooftop pool deck with cabana, and a state-of-the-art fitness center. Located just steps from Sarasota’s finest dining, shopping, and cultural attractions, this penthouse presents a rare opportunity to experience downtown living at its most refined.

    Zillow last checked:

    Listing updated:

    Listed by:

    Roger Pettingell 941-387-1840,

    COLDWELL BANKER REALTY 941-383-6411

    Bought with:

    Ann Martin, 0188503

    MICHAEL SAUNDERS & COMPANY

    Joanna Benante, 3194005

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4638214MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bonus Room, Den/Library/Office, Family Room, Great Room, Utility Room
    Primary bedroom
    • Features: Ceiling Fan(s), En Suite Bathroom, Dual Closets
    • Level: First
    • Area: 252 Square Feet
    • Dimensions: 18x14
    Bedroom 2
    • Features: En Suite Bathroom, Tub With Shower, Walk-In Closet(s)
    • Level: First
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bedroom 3
    • Features: Built-In Shelving, Ceiling Fan(s), En Suite Bathroom, Shower No Tub, Single Vanity, Walk-In Closet(s)
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 10x12
    Primary bathroom
    • Features: Bidet, Built-In Shelving, Dual Sinks, En Suite Bathroom, Makeup/Vanity Space, Multiple Shower Heads, Rain Shower Head, Split Vanities, Stone Counters, Sunken Shower, Tub with Separate Shower Stall, Water Closet/Priv Toilet
    • Level: First
    • Area: 117 Square Feet
    • Dimensions: 9x13
    Dinette
    • Features: Built-in Features, Pantry, Stone Counters, Tall Countertops
    • Level: First
    • Area: 80 Square Feet
    • Dimensions: 8x10
    Dining room
    • Features: Bar, Built-In Shelving
    • Level: First
    • Area: 196 Square Feet
    • Dimensions: 14x14
    Family room
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Foyer
    • Level: First
    • Area: 80 Square Feet
    • Dimensions: 8x10
    Kitchen
    • Features: Built-In Shelving, Built-in Features, Pantry, Stone Counters, Tall Countertops
    • Level: First
    • Area: 224 Square Feet
    • Dimensions: 16x14
    Living room
    • Level: First
    • Area: 572 Square Feet
    • Dimensions: 22x26
    Office
    • Features: Built-In Shelving
    • Level: First
    • Area: 80 Square Feet
    • Dimensions: 8x10
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Bar Fridge, Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System, Water Softener, Wine Refrigerator
    • Laundry: Inside, Laundry Room
    Features
    • Built-in Features, Eating Space In Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar
    • Flooring: Travertine, Hardwood
    • Doors: French Doors, Outdoor Grill, Outdoor Kitchen, Sliding Doors
    • Windows: Storm Window(s), Shades, Window Treatments, Hurricane Shutters/Windows
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room, Other Room, Outside
    • Common walls with other units/homes: Corner Unit,End Unit
    Interior area
    • Total structure area: 5,637
    • Total interior livable area: 4,174 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Garage Door Opener, Guest, Oversized, Under Building
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio, Rear Porch
    • Exterior features: Balcony, Lighting, Outdoor Grill, Outdoor Kitchen
    • Pool features: Above Ground, Deck, Gunite, Heated, Lighting
    • Has spa: Yes
    • Spa features: Above Ground, Heated
    • Has view: Yes
    • View description: City, Water, Bay/Harbor - Full, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Full,Gulf/Ocean - Full
    Lot
    • Size: 0.47 Acres
    • Features: City Lot, Near Golf Course, Near Marina
    Details
    • Additional structures: Cabana, Gazebo, Outdoor Kitchen
    • Parcel number: 2027032049
    • Zoning: DTB
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Custom,Elevated
    • Property subtype: Condominium
    Materials
    • Concrete
    • Foundation: Raised
    • Roof: Concrete
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Available

    Community & HOA

    Community
    • Features: Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Deed Restrictions, Fitness Center, Pool
    • Security: Fire Alarm, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: PLAZA AT 5 POINTS RESIDENCES
    HOA
    • Has HOA: Yes
    • Amenities included: Cable TV, Elevator(s), Fitness Center, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub, Storage
    • Services included: Cable TV, Reserve Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
    • HOA fee: $4,794 monthly
    • HOA name: John Vetri, LCAM
    • HOA phone: 941-955-3483
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $1,078/sqft
    • Tax assessed value: $3,570,700
    • Annual tax amount: $33,654
    • Date on market: 2/3/2025
    • Cumulative days on market: 135 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Brick, Paved

    Price history

    DateEventPrice
    6/18/2025Sold$4,500,000-5.3%$1,078/sqft
    Source: Stellar MLS #A4638214 Report a problem
    3/24/2025Pending sale$4,750,000$1,138/sqft
    Source: Stellar MLS #A4638214 Report a problem
    2/4/2025Listed for sale$4,750,000-12.8%$1,138/sqft
    Source: Stellar MLS #A4638214 Report a problem
    2/1/2025Listing removed$5,450,000$1,306/sqft
    Source: Stellar MLS #A4627561 Report a problem
    11/1/2024Listed for sale$5,450,000-5.2%$1,306/sqft
    Source: Stellar MLS #A4627561 Report a problem
    7/11/2024Listing removed$5,750,000$1,378/sqft
    Source: Stellar MLS #A4600303 Report a problem
    5/1/2024Price change$5,750,000-4.2%$1,378/sqft
    Source: Stellar MLS #A4600303 Report a problem
    2/29/2024Listed for sale$6,000,000+176.9%$1,437/sqft
    Source: Stellar MLS #A4600303 Report a problem
    5/12/2011Sold$2,167,000-9.3%$519/sqft
    Source: Public Record Report a problem
    1/9/2011Listed for sale$2,390,000$573/sqft
    Source: JAMES BUCHANAN REALTY #A3939973 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$35,316 +4.9%$2,350,811 +2.9%
    2024$33,654 +7.4%$2,284,559 +7.8%
    2023$31,343 +2.4%$2,119,572 +3%
    2022$30,600 -1.1%$2,057,837 +3%
    2021$30,937 -10.1%$1,997,900 -7.7%
    2020$34,423 +2.6%$2,165,455 +2.3%
    2019$33,563 $2,116,769 +1.9%
    2018$33,563 +1.6%$2,077,300
    2017$33,036 -2.8%$2,077,300 0%
    2016$33,988 $2,077,700 -3.2%
    2015$33,988 +8.1%$2,146,700 +39.4%
    2014$31,442 +7.7%$1,540,330
    2013$29,187 +21.6%$1,540,330 +10%
    2012$24,006 +1.4%$1,400,300
    2011$23,682 -7.8%$1,400,300 -6.6%
    2010$25,685 -14.7%$1,499,700 -15.9%
    2009$30,117 $1,783,200 -5.5%
    2008$30,117 -10.8%$1,886,400 -10.2%
    2007$33,753 $2,100,000 +47.4%
    2006-- $1,424,600
    Find assessor info on the county website

    Neighborhood: 5 Points

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    Estimated market value
    $4,313,200
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    Estimated market value
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