Listing Details for MLS #A4638214
50 Central Avenue Unit 17phc, Sarasota, Fl

Residential Property - Condominium in Sarasota

SOLD for $4,500,000 on June 18, 2025

Listing Price: $4,750,000Sold Price: $4,500,000Sold Price/List Price: 95%Days on Market: 44Cumulative Days on Market: 135

Description of Property

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.The average asking price for a 3 bedroom/3 bath condominium in this Zip code is $3,839,023. This condominium is listed at about 124% of the average asking price. There are 9 3 bedroom/3 bath homes between $4,200,000 and $5,400,000 currently listed for sale in this Zip code. See other listings like this one »