Sarasota, FL
Plaza at Five Points
Forty-nine residences over 16 floors at 50 Central Avenue, completed in 2005 at Five Points, the intersection where Main Street, Central and Pineapple meet, which is as close to the center of downtown as an address gets. Recorded by the county as Plaza at Five Points Residences, the residential component above the ground-floor commercial space.
Home Types
Downtown condominium
HOA (Yearly) Est.
$23,552
CDD (Yearly) Est.
None
Flood Zone
X
Fee estimates may vary by lot size and sub-association. View all community fees →
Community size
49
homes
community record
52
completed homes on the county roll
Sarasota County property appraiser roll, read October 2026
54
recorded residential lots
Sarasota County property appraiser roll, read October 2026
How Plaza at Five Points compares
From the county records
$1,700,000
Median of 11 recorded sales since October 2023, the middle eighty percent between $1,375,000 and $4,500,000.
27%
Of the 52 matched residential units here claim a homestead exemption, which reads as a minority of homes here are claimed as a permanent residence.
Newest completion recorded 2005. The roll records no completions here in the last three years. Most of what trades is resale, though an absence of recent completions is not by itself proof a community is closed to new building.
Arm’s-length sales recorded with Sarasota County, read October 2026. Quitclaims, foreclosures, family transfers and pre-construction sales are excluded. Homestead requires the property to be a permanent residence, so the share carrying one is reported here as a share of matched residential units rather than as a count of who lives here. Homestead is a tax filing, not an occupancy count. A rented home can house full-time residents and will never carry the exemption, and an owner who lives here but never filed does not appear in it either. Read it as what share of matched residential units claim the exemption, not as who lives here.
At an estimated $23,552 a year in combined HOA and CDD, Plaza at Five Points sits about 72% above the Sarasota median of $13,676, ranking 62 of the 90 Sarasota communities whose fees this site tracks. There is no CDD assessment here, which is what keeps that figure down.
Estimates from the same dataset behind the fee pages and the True Cost Index. Fees vary by lot size and sub-association, and change with each budget.
Governing Documents
HOA & community documents for Plaza at Five Points
0 documents published by the association and linked to the page each one lives on. Nothing is copied here, so you read whatever they publish today.
Plaza at Five Points Residences Condo Assn, Inc
Condominium associationMatched to Plaza at Five Points because: Florida’s register of condominiums records this association as the managing entity of Plaza at Five Points Residences, a condominium at 50 Central Avenue, which is the address this site gives for the community, and the register counts 50 units against the 49 this site reads from the county roll, close enough to be the same building and recorded as the small difference it is. THE ADDRESS ALONE WOULD NOT BE ENOUGH: the register sometimes stores the managing entity’s mailing address in that field rather than the building’s, which is how two unrelated condominiums both came back for one Cocoanut Avenue address during this research. The unit count is what confirms it.
Who to contact
- Contact role
- Condominium association; the state register names it as the managing entity
No individual officer, director or manager is listed here. The register names the managing corporation; the current board is a matter for the association or Sunbiz.
Board members and officers are not listed here. They change often, and their names are on the association’s own records and in the state’s corporate filings, which is where they should be read from rather than from a page that cannot keep up.
Plaza at Five Points Residences Condo Assn, Inc
No public documents have been located for this association yet.
Nothing found is not the same as nothing in force. Every community in Florida with an association has governing documents; this says only that they have not been found in a public place.
The governing body is known and nothing it publishes is public. That is a gap in what has been published, not evidence that the community has no restrictions. This list records what has been found in public, not everything that governs the property. Before an offer I pull the full document set for the specific address along with the association’s budget and financials.
The full document directory →Thinking about Plaza at Five Points?
I'll send current listings and pricing in Plaza at Five Points, line up private showings, and give you an honest read on value, HOA/CDD costs, and resale before you commit, no pressure, no obligation.
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Plaza at Five Points FAQ
What kind of homes are in Plaza at Five Points?+
Plaza at Five Points offers downtown condominium. Attached homes carry an association that maintains the building itself, so the fee covers more than it would on a single-family home and the association's reserves matter to you directly. What a specific home includes, and what the association maintains, is set out in that community's documents and is worth reading before an offer rather than after.
What have homes in Plaza at Five Points actually sold for?+
11 arm's-length sales have been recorded in Plaza at Five Points since October 2023, at a median of $1,700,000. The middle eighty percent of those sales fell between $1,375,000 and $4,500,000, which is a better guide to the range than the extremes. These are prices recorded with Sarasota County, not asking prices, so they describe what buyers and sellers actually agreed. Figures read October 2026; quitclaims, foreclosures and family transfers are excluded.
Do people live in Plaza at Five Points year round?+
27% of the 52 matched residential units in Plaza at Five Points claim a homestead exemption, which Florida grants only on an owner's permanent residence, read from the Sarasota County roll in October 2026. That reads as a minority of homes here are claimed as a permanent residence. Homestead is a tax filing, not an occupancy count. A rented home can house full-time residents and will never carry the exemption, and an owner who lives here but never filed does not appear in it either. Read it as what share of matched residential units claim the exemption, not as who lives here.
Is Plaza at Five Points still being built?+
The most recent home the county records in Plaza at Five Points was completed in 2005, across 54 platted parcels of which 52 carry a finished home. The county records no completions in Plaza at Five Points in the last three years, so what trades is resale. An absence of recent completions is not by itself proof that no further building is permitted. Build year matters more in Florida than buyers expect, because insurers weight roof age heavily and it drives what a property costs to carry rather than just what it costs to buy.
Does Plaza at Five Points have an HOA or CDD fee?+
Plaza at Five Points has an HOA fee estimated at $23,552 yearly, and the fee data for this community records no CDD assessment. A community development district bills through your property taxes rather than through the association, and its assessment can carry two separate components: debt service, which repays the bonds that funded roads, drainage and amenities, and an operations and maintenance charge, which does not end with the bonds. A community without a district avoids both as currently assessed. Figures are estimates, assessments are set annually, and both vary by home and phase, so confirm them for the specific address before relying on them.
What flood zone is Plaza at Five Points in?+
The flood zone recorded for Plaza at Five Points is X. Zones beginning A or V are the higher-risk categories, where a federally backed mortgage generally requires flood insurance, while zone X is lower risk and coverage is usually optional. Flood zone is assigned per property rather than per community though, and elevation can change both the requirement and the premium substantially, so get the zone and the elevation certificate for the exact address rather than relying on a community-level figure.
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