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Move-In ReadyNew Construction

1350 5th Street Unit 106New Construction Home in Sarasota, FL

Sarasota, FL 34236 · Sarasota County

$529,000

$706/sq ft

1 Beds1 Baths749 sq ftBuilt 2018

Photos of 1350 5th Street Unit 106

1350 5th Street Unit 106, Sarasota, photo 1 of 301 / 30

Who is building this home?

This home is listed as built by Crowley Services Inc.. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.

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About this home

Experience contemporary living in Sarasota’s vibrant Rosemary District at The Risdon on 5th, a 22-residence mixed-use condominium community recognized for its award-winning European-inspired architecture and design. **SELLER IS NOW OFFERING FINANCING OPTION TO QUALIFIED BUYERS OF BUYING DOWN INTEREST RATE to four and one half percent.** Positioned in one of downtown Sarasota’s accessible neighborhoods, this modern one-bedroom residence places an active lifestyle, culinary delights, the arts, wellness and entertainment just moments away. Designed for an active urban lifestyle, residents enjoy a solar-heated rooftop pool with unobstructed city views, two shaded lounge areas, and a spacious, secure gated courtyard providing one designated parking spot for owners and plenty of flex parking spaces for owners and guests. Inside, the open-concept floor plan features 12-foot ceilings, upgraded tile flooring throughout, energy-efficient impact glass walls and a streamlined modern aesthetic that maximizes natural light and functionality. The kitchen is appointed with stainless steel appliances, solid surface countertops and a waterfall-edge island designed for easy everyday living and entertaining. Plus, experience Florida’s outdoor lifestyle on your small patio near the front door. Near Sarasota’s renowned cultural and waterfront destinations, The Risdon on 5th offers convenient access to Whole Foods Market, the Sarasota Farmers Market, Marina Jack, the Sarasota Bay Park, Selby Library, art galleries, downtown shopping and acclaimed restaurants. The Ringling Bridge, St. Armands Circle, Sarasota Bay and Longboat Key are all within close reach, especially on the free BayRunner Trolley, creating an ideal setting for buyers seeking a connected, low-maintenance lifestyle in the center of downtown Sarasota.

Home details and costs

MLS number
A4694230
Property type
Condominium
Build stage
Move-In Ready
Builder
Crowley Services Inc.
Heated square feet
749 sq ft
Total under roof
749 sq ft
Stories
1 Story
Subdivision
Risdon on 5th
HOA fee
No HOA
Annual property tax
$4,748 (current assessment)
Days on market
138 days

Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds

What would this home actually cost per month?

Pre-filled with this listing's price and HOA. Adjust anything to match your situation.

Estimated monthly payment

$4,193

$52,900 down (10%) on a $476,100 loan

Principal and interest
$3,009
Property tax (estimated)
$719
Homeowners insurance
$267
PMI (under 20% down)
$198

CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.

The tax figure in the MLS looks like a bare-lot assessment. It lists $4,748 a year, while taxing this purchase price works out closer to $8,622. On new construction the county reassesses once the house is finished, so budget from the higher number.

Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.

Get the real numbers on this home

What is negotiable on this home?

Here is what this listing's numbers say about the builder's position.

  • On the market 138 daysWorth knowing

    Past the 90-day mark is where most builders start getting more flexible on concessions, even while holding the published price.

  • Finished and standingWorth knowing

    A completed home with a Certificate of Occupancy is inventory, not a future sale. Builders treat standing inventory very differently from a lot they have not broken ground on.

Where builders actually give

Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.

Ask Barrett what this builder will move on

Assigned schools

Elementary
Alta Vista Elementary
Middle
Booker Middle
High
Booker High

School assignments come from the MLS and change. Confirm directly with the district before relying on them.

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Other new construction homes in Sarasota

Listed by Premier Sotheby's International Realty. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 1350 5th Street Unit 106, Sarasota, FL 34236 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.

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