5431 COMMUNICATIONS PARKWAY
SARASOTA, FL 34240
About this home
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.
Facts & features
Interior
- Living area
- 1,262 sqft
- Cooling
- Mini-Split Unit(s)
- Flooring
- Concrete
- Stories
- 1
Exterior & lot
- Lot size
- 235,028 sqft (5.4 ac)
- Construction
- Concrete
Financial
- Annual tax
- $4,049 (2025)
- Price / sqft
- $456/sqft
Property
- Property type
- Single Family
- Year built
- 2024
- Subdivision
- LUXE DREAM GARAGE CONDO
- County
- Sarasota
Listing
- Status
- Active
- Days on market
- 1 day
- MLS #
- MFR801220380
- Source
- Stellar MLS
Listed by Randy Fallon · COLDWELL BANKER REALTY
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 25 comparable sales within 2 miles of SARASOTA, FL, this home is priced over RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $2,908/mo
- Property tax
- $337/mo
- Home insurance
- $0/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 25, 2026 | Listed | $575,000 | — |
NeighbourhoodSample data
Reference scores for SARASOTA, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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