5431 COMMUNICATIONS PARKWAY 20 Sarasota, FL $ 575,000
5431 COMMUNICATIONS PARKWAY 20
$ 575,000
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5431 COMMUNICATIONS PARKWAY 20

Sarasota, FL, 34240
$ 575,000
Bedrooms-- Baths-- Sq 1,262

Monthly Estimate*

$ 3,631

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Commercial Property for sale in Sarasota, FL

for $575,000. This 1,262 square foot building was built in 2024 on a lot size of 5.4.

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.

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Commercial Active

Price

$ 575,000

Property Type

Commercial

Taxes

$ 4,048

Style

Industrial

Lot Size

5.4

Year Built

2024

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4701330

Features
General
Cooling Mini-Split Unit(s)
Zoning PCD
Construction Materials Concrete
Year Built 2024
Levels One
Unit Number 20
Property Subtype Industrial
Tax Year 2025
Ownership Condominium
County Sarasota
New Construction false
Property Type Commercial Sale
Subdivision Name LUXE DREAM GARAGE CONDO
Status Active
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
City SARASOTA
MLS Area 34240 - Sarasota
Lot Size Units Acres
Lot Size Square Feet 235028
Tax Annual Amount 4048.96
Property Condition Completed
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4701330
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 20
Legal Description UNIT 20 LUXE DREAM GARAGE PB 50 PG 8-14
Water Access Y/N false
Monthly Condo Fee Amount 264
Water View Y/N false
Flood Zone Code X
DockY/N false
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Interior
Flooring Concrete
Total Stories 1
Air Conditioning Y/N true
Total Baths 0
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Exterior
Lot Size Area 5.3955
Foundation Details Slab
Number of Buildings 4
Building Area Total 1262
Lot Size Acres 5.4
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type County Road
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* Excluded Features
List By
Coldwell Banker Realty

Broker

randy@randyfallon.com

Email

Affordability Calculator

$3,968
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,631
Monthly Property Taxes
$337
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/30/2026$575,000 Listed Price

Map


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5431 COMMUNICATIONS PARKWAY 20, Sarasota, FL, 34240 is a Commercial Property for sale at $575,000 with 1,262 sqft and a lot size of 5.4. 5431 COMMUNICATIONS PARKWAY 20 was built in 2024. The property's zip code is 34240 which is in Sarasota, FL