Imagine your toy here! - 5431 COMMUNICATIONS PKWY #20, SARASOTA
Blank Canvas ready for your custom design - 5431 COMMUNICATIONS PKWY #20, SARASOTA
Theres no limit to what you can do to this space (AI Created image) - 5431 COMMUNICATIONS PKWY #20, SARASOTA
Two story clubhouse - 5431 COMMUNICATIONS PKWY #20, SARASOTA
Industrial at 5431 COMMUNICATIONS PKWY #20, SARASOTA, photo 5 of 11
Outdoor patio area - 5431 COMMUNICATIONS PKWY #20, SARASOTA
Main level lounge area - 5431 COMMUNICATIONS PKWY #20, SARASOTA
Industrial at 5431 COMMUNICATIONS PKWY #20, SARASOTA, photo 8 of 11
Unwind with a game of pool - 5431 COMMUNICATIONS PKWY #20, SARASOTA
Perfect place to negotiate your next collectable purchase - 5431 COMMUNICATIONS PKWY #20, SARASOTA
Upper-level lounge area - 5431 COMMUNICATIONS PKWY #20, SARASOTA
11 photos

$499,000

5431 COMMUNICATIONS PKWY #20
SARASOTA, FL 34240
Listed by Randy Fallon · COLDWELL BANKER REALTY
Bedrooms
N/A
Bathrooms
N/A
Living area
1,262 sqft
Year built
2024

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.

Property details

MLS
Stellar MLS
MLS #
MFRA4701330
Property type
Industrial
Subdivision
LUXE DREAM GARAGE CONDO
Status
Active
Days on market
75
On market date
July 30, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
5.4 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
ROBERT WILLIS ELEMENTARY SCHOOL
2.84 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
780
Student:teacher ratio
17.0:1
District
MANATEE
Middle
MCINTOSH MIDDLE SCHOOL
3.95 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
846
Student:teacher ratio
16.9:1
District
SARASOTA
High
SARASOTA COUNTY ACCELERATION ACADEMIES
4.81 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
127
Student:teacher ratio
42.3:1
District
SARASOTA

Walkability

Blended score for SARASOTA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

22
Car-dependent
out of 100
EPA National Walkability Index
7.2 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in SARASOTA, from live MLS data.

On the market 75 days -- 93 fewer days than SARASOTA's current average of 168 days.
For reference, the median list price across 4,720 active listings in SARASOTA right now is $365,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,155/mo
$99,800 down
$399,200 loan
Principal & interest$2,589
Property tax (est.)$416
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 11 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.