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About this home
5431 Communications Pkwy #29 is a 2024-built home in Luxe Dream Garage Condo, Lakewood Ranch. Listed at $629,000 (about $498/sqft), 162 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $792 quarterly.
READY NOW! No waiting for an upgraded unit! Available today, move your precious car collection to a secure and prestine climate controlled environment! Welcome to Unit 29 at Luxe Dream Garage, Sarasota's premier deeded, gated, climate-controlled car condominium community by IMG Construction. This turn-key 1,262 square foot unit delivers every premium upgrade the discerning collector expects: soaring 21-foot ceilings, a flawless showroom-grade epoxy floor, and a wall-to-wall locking New Age™ Performance Series cabinetry system with stainless work sink that conveys with the unit. A upgraded commercial-grade Big Ass Fans™ ceiling fan circulates beneath designer LED lighting, while a Liftmaster™ Wi-Fi smart garage door opener with app control, hurricane-rated impact doors, a keyless wall safe, a 220V outlet ready for EV charging, an instant hot water system, and a commercial exhaust ventilation system make daily use effortless. A private full bathroom and split-system A/C on a professional service contract complete the package. Beyond your door, ownership means membership in Sarasota's most exclusive enthusiast community: 24-hour gated entry, a stunning two-story clubhouse with elevator, full kitchen, washer and dryer, two conference rooms, and a sweeping outdoor terrace with a grill and roll-up doors that open the indoors to the Florida air. HOA is $792/quarter includes building insurance and full clubhouse access. Combinable with Unit 28 to create one of the largest private garage estates in the community. This is not storage. It is a lifestyle address for your prized collection.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Sample: 89 closed condo sales in Lakewood Ranch over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$629,000
$498 per sq ft
Size
1,262 sq ft
Time on market
162 days
Year built
2024
Monthly payment
About $4,196/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,049 annual tax bill, insurance, and the $792/qtr HOA fee.
HOA fee
$792/qtr
Managed by Civix Property Management LLC, Kevin Weigand.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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