Back 16s/50 Central Ave
Off Market

16s/50 Central Ave

Sarasota FL 34236

3
4
3
4543 sq. ft.
Condo
Last sold for $4,500,000
Thomas NetzelThomas Netzel, last sold this property on 08 April 2025 after 151 days on market.

Overview

The owner of this magnificent penthouse condominium wanted to completely transform this living space and after offering an open checkbook, hired the award-winning interior styling firm, JKL Interior Design, to elevate the level of fine appointments and finishes. The results of this arduous task are absolutely exquisite. Everything, and I mean everything, has been reimagined. At over 4,000 square feet, this unit boasts three suites, large expansive rooms, an abundance of natural light and comes with three wide, side-by-side parking spaces, along with an extra-large air-conditioned storage room. The building, Plaza at Five Points, is located in the very spot where early Sarasota land planners drove a stake in the ground and platted the entire city. It all started right here. At Plaza Five, you’ll find 49 residential units, three levels of professional office space, plus a restaurant and additional service providers on the ground floor. The building is located on Main Street, so downstairs is downtown. You’ll find everything you need within walking distance - a grocery store, public library, opera house, and a multitude of culinary hotspots. As you enter unit 16S, you’re immediately drawn to the expansive French Oak flooring that goes on forever. There are oversized walls for art, beautifully illuminated with recessed LED channel lighting. The dining room is inviting and open, as it spans nearly 23 feet in length. This area flows seamlessly into the spacious great room and living room area. And then you see the kitchen and what a work of art this space exhibits! It’s breathtaking. Here you’ll find metropolitan-styled, custom solid wood cabinetry cloaked with soapstone and Panda marble countertops. These counters cascade down to the floors with waterfall stone panel edging. The kitchen is striking in design and features Dacor professional appliances, a natural gas six-burner cooktop and a sleek service bar that’s outfitted with an ice maker. There are two islands of grand scale and each measures 15 feet. The light fixtures, cabinet finishes, layout and design proportions all blend seamlessly to create a kitchen that would pair beautifully on the front cover of Architectural Digest. After touring the secondary bedroom suites, which are impeccably detailed, along with visiting the pantry room and laundry, which are filled with utility and function, it's off to the room of rooms – the primary bedroom salon. This isn’t any ordinary owner’s suite, it’s art and design at a pedigree level. You start with the entry vestibule which features an oversized linen cabinet and from there, you’re ushered into the bedroom which is supported by a tastefully outfitted wardrobe fashion closet, an additional walkin closet and an office studio, all with outdoor access to the private terrace. Next is the gorgeous primary bath. The chromatic playfulness of mono colors is executed flawlessly. From the flooring to the elevated deep soaking tub that fills water from the ceiling, dual-entry glass-lined shower vanities, and make-up station, this bath is what you’d expect from a fine spa. With everything this condominium offers, it’s a residence you’re going to want to see for yourself. The building offers valet parking, a front desk steward, secure parking, a heated pool and spa, an Olympic-style fitness room, a community room with a catering kitchen, an outdoor gazebo, a conference room, an outdoor grilling station and a guest suite that can be reserved by the week.

Features

3 bedrooms
4 bathrooms
3 carspaces
3 garage spaces
4543 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Sarasota over the last 12 months, the estimated median property value of 16s/50 Central Ave is $2.42m.

Median value
$2.42m
Estimated value range
$450k - $10.6m
Median days on market
99
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Sarasota. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16s/50 Central Ave

2025
Sold
$4,500,000
08 Apr 2025 by Thomas Netzel, of PREMIER SOTHEBYS INTL REALTY

Happy sellers in Sarasota

87%
87% of sellers in Sarasota reported that their sale price either exceeded or met their price expectations.

Sarasota stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Sarasota over the last 12 months.

Local market activity for 3 bedroom condos in Sarasota

In the last 12 months, 109 three-bedroom condos similar to 16s/50 Central Ave, have been sold.

This represents a 40% decrease in three-bedroom condos sales when compared to the previous 12 months.

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