1675 5th StreetNew Construction Home in Sarasota, FL
Sarasota, FL 34236 · Sarasota County
$2,299,000
$2,399,000
$624/sq ft
Photos of 1675 5th Street
1 / 30About this home
Discover modern downtown living in the heart of Gillespie Park, where this brand-new single-family home offers a rare combination of contemporary design, generous living space and exceptional walkability just moments from Downtown Sarasota and the Rosemary District. The property offers 4 bedrooms in total, including 3 bedrooms plus a dedicated office in the main residence and a private 1-bedroom, 1-bathroom attached apartment. Designed for everyday living and entertaining, the main residence features a spacious open floor plan filled with natural light. Engineered hardwood flooring, PGT impact-rated windows and doors, soaring ceilings and thoughtfully selected finishes complement the home’s clean, contemporary design. At the heart of the home, the kitchen features Thermador appliances, generous workspace and a seamless connection to the main living and dining areas. One of the home’s most distinctive features is the approximately 600-square-foot attached apartment complete with its own private entrance, bedroom, bathroom, living room and kitchen. Ideal for guests, multigenerational living, a private home office or potential rental income, this separate living space provides exceptional flexibility while preserving the privacy of the main residence. An attached 2-car garage and additional covered parking provide everyday convenience rarely found this close to downtown. Just outside your door, enjoy easy access to the Rosemary District, Downtown Sarasota’s restaurants, boutiques and arts scene, the Sarasota bayfront and the area’s renowned Gulf beaches. Whether heading out for morning coffee, dinner downtown or a day at the beach, this brand-new home places the best of the Sarasota lifestyle within easy reach.
Home details and costs
- MLS number
- A4705541
- Property type
- Single Family Residence
- Build stage
- Move-In Ready
- Heated square feet
- 3,685 sq ft
- Total under roof
- 4,105 sq ft
- Stories
- 2 Story
- Lot size
- 0.13 acres
- Subdivision
- Central Park Sub
- HOA fee
- No HOA
- Annual property tax
- $5,139 (current assessment)
- Days on market
- 27 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
$17,580
$229,900 down (10%) on a $2,069,100 loan
- Principal and interest
- $13,078
- Property tax (estimated)
- $3,374
- Homeowners insurance
- $267
- PMI (under 20% down)
- $862
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 $5,139 a year, while taxing this purchase price works out closer to $40,482. 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 homeWhat is negotiable on this home?
Here is what this listing's numbers say about the builder's position.
On the market 27 daysContext
Still relatively fresh. Expect the sales office to hold firmer here than on inventory that has been sitting.
Reduced $100,000 (4%)Worth knowing
Originally listed at $2,399,000. A builder that has already cut once has acknowledged the first number did not work. That is a different conversation than one who has never moved.
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.
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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Listed by Preferred Shore Llc. 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. 1675 5th Street, Sarasota, FL 34236 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.