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Plaza at Five Points is a property development in Sarasota, Florida, which deftly mixes commercial establishments and residential units in one condominium complex. This two-pronged developmental approach is an apparent attempt to maximize the returns from the property’s downtown location which ranks among the most sought after in the Sarasota real estate market.
This condo is located at 50 Central Avenue, right at the thoroughfare’s junction with Main Street which, as their names suggest, are host to the vibrant pulse of activity in the Sarasota downtown district. Fifty-two residences were incorporated into this condominium which was constructed in 2005 to partake of the verve and vitality of their locale that contribute much to the value of Sarasota condos for sale.
The condos at the Plaza at Five Points are located from the eleventh to the seventeenth floor of the high rise; the business and commercial establishments are assigned from the ground to the ninth floor. Each of the residential floors is subdivided into eight units, except the topmost which holds four luxurious penthouses.
Plaza at Five Points condos for sale typically measure around 1,600–1,700 square feet for the smaller units which have two bedrooms and two bathrooms. With a listed price of $725,000–$750,000, such options can indeed be quite attractive. An impressive penthouse in the condominium can have a tag price of $2.5 million for its three bedroom and three bathrooms in a total floor area of 3,300 square feet.
A walkthrough in a typical unit in the condo unveils such features as gourmet kitchens alluring with their granite countertops and large balconies from which spectacular sceneries of the Sarasota Bay and the downtown are lavishly afforded. Even more luxurious appointments are offered at the penthouses with panoramic views at every room as well as top-of-the-line furnishings.
For a complete appreciation in a prospective buyer’s visit of Plaza at Five Points condos for sale, some time needs to be spent at the condo’s tenth floor. This whole area is devoted to amenities available for the condominium residents. The facilities here include a club room for multipurpose use, featuring a wet bar, catering kitchen, and entertainment center.
Like a five-star resort hotel, the condo also has a swimming pool with sun deck, in addition to a library and a fully-equipped fitness center. Informal gatherings are ideal at the building’s rooftop deck where there is a cabana and barbecue grill. Movement within the high rise is a breeze with its four high speed elevators and one service elevator.
Facility and convenience are likewise provided by many nearby commercial and business establishments, many of which are practically steps away from the condo community. A quick change in life and leisure options is just as easy with the shops and restaurants of St. Armands Circle, in addition to the beaches of Lido and Longboat Keys, just minutes away.
Jaime Carrion - Sarasota Realtor
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The Plaza at Five Points is located on the corner of Central Avenue and Main Street in the center of downtown Sarasota Florida. This is a mixed use development, the first nine floors are reserved for commercial activities such as retail establishments and business offices. The tenth floor is reserved for the community amenities enjoyed by the residents.
There are 52 luxury residences at the Plaza at Five Points, the complex was designed by ADP Group of Sarasota and developed by the Ersa Grae Corporation. Floor plans range in size from 1,600 square feet to more than 3,700 with two or three bedrooms and a price range of $600,000 to $2.8 million.
Plaza at Five Points Amenities:

Downtown Sarasota is the heart of the culture-rich creative coast of Florida. Some of the best live performances can be seen at the Van Wezel which is blocks away from Five Points. Other live performance venues in Sarasota Florida include:
For those that appreciate fine classical art, the Ringling Museum of art is the best way to spend cloudy day, the many art galleries in downtown Sarasota offer works of local and international talent if you wish to build your own personal collection.
The Plaza at Five Points is one of Sarasota Florida’s most desirable condo developments. Virtually everything you need is within walking distance of the development. Recently the development and 5 point intersection has seen some remodeling and landscaping improvements and five points has never looked better!
Christina Miller is a Sarasota Florida real estate brokerspecializing in Sarasota condos for sale. Her business website also features more information on all the Sarasota FL real estate for sale including information on Sarasota Florida homes in highly rated golf communities, as well as Siesta Key condos located along Florida's #1 rated beach.
Also found on her website are many articles of interest about Sarasota and the surrounding area to help visitors discover what makes Sarasota such a great city to live in, and of course, more information on the Plaza at Five Points Condos for Sale.
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Built in 2006, Plaza at Five Points is one of the nicest and newest additions to downtown Sarasota skyline. There are 52 lucky owners in this luxurious downtown Sarasota condo. This condo is in one of the most convenient locations within downtown. Owners can walk out the front door and are within footsteps of Whole Foods, Selby Library, Marina Jacks, Sarasota bayfront, countless restaurants, plenty of shopping and several arts and culture venues.
Located at 50 Central the amenities of Plaza at Five Points include a clubhouse, fitness center, swimming pool, valet parking, meeting rooms and spa/hot tub.
Water views: It sits on a downtown Sarasota lot so the water views are limited and obstructed from The Plaza at Five Points.
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On our Downtown Sarasota Condos blog, we often tout Plaza at Five Points. This beautiful condominium building in the heart of the downtown district is one of the new urban condos sprinkling this city. Plaza at Five Points is the ultimate high-rise condo. Some of the amenities of this building include a secured entrance, club room, fitness center, resort style pool, guest suites and secure garage parking.
Residents in the downtown area enjoy Sarasota's cultural amenities such as the opera, ballet and symphony. From Plaza at Five Points, take a walk for early morning coffee at Starbucks, lunch on the bayfront after a long walk and plan a special dinner at Pino's, right next to 100 Central.
Every day, visitors and residents are attracted to art galleries, shops, restaurants and the specialty shops of this thriving downtown area.
If you are interested in seeing the condos available at Plaza at Five Points or other downtown Sarasota condos, please call or email Annette Smith at 941-504-3922 in Sarasota Florida.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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