5431 COMMUNICATIONS PARKWAY UNIT 29, LAKEWOOD RANCH, FL, 34240
Active95 days on marketListed May 8, 2026MLS #A4691281
About this home
5431 COMMUNICATIONS PARKWAY UNIT 29
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.
Facts & features
The home at a glance
1,262
Sqft
5.4 ac
Lot size
4
Garage
2024
Year built
One
Levels
$498
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,391 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,391/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Lakewood Ranch actives
$498 vs $276
Days on market
95 vs 51 typical
Where $498/sqft sits among the 266 Lakewood Ranch actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lakewood Ranch
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lakewood Ranch. See the full Lakewood Ranch guide →
LAKEWOOD RANCH 34240 — neighborhood snapshot
Population
16,356
Median age
51.4
Median income
$126,048
Median home value
$622,100
Avg household
2.55
Households w/ children
1,604
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lakewood Ranch market
$577K → $600K
Lakewood Ranch median sold, yr/yr
96.9%
Sale-to-list ratio (12 mo)
120 of 266
Lakewood Ranch actives have cut their price
Median sold price, Lakewood Ranch, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 2% below the LAKEWOOD RANCH 34240 median. See the full Lakewood Ranch market guide →
Paper trail
This home's history
Reality check
What actually sold near 5431 COMMUNICATIONS PARKWAY UNIT 29
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$380,000
6564 SILVERSTAR DRIVE
3 bd · 2 ba · 1,256 sqft · $303/sqft · 91 DOM
Sold · Jul ’26$358,500
6511 SILVERSTAR DRIVE
2 bd · 2 ba · 1,466 sqft · $245/sqft · 88 DOM
Sold · Feb ’26$539,990
7312 DONNYBROOK LANE
3 bd · 2 ba · 1,494 sqft · $361/sqft · 63 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5431 COMMUNICATIONS PARKWAY UNIT 29 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5431 COMMUNICATIONS PARKWAY UNIT 29 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5431 COMMUNICATIONS PARKWAY UNIT 29 FAQs
What would the monthly payment be for 5431 COMMUNICATIONS PARKWAY UNIT 29?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,391/mo — principal and interest, the actual property-tax bill, the $264/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 5431 COMMUNICATIONS PARKWAY UNIT 29?+
The association fee works out to $264 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5431 COMMUNICATIONS PARKWAY UNIT 29?+
The most recent tax bill on record (2025) was $4,049. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5431 COMMUNICATIONS PARKWAY UNIT 29?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lakewood Ranch?+
At $629,000, this home is listed about 5% above the Lakewood Ranch median of $599,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5431 COMMUNICATIONS PARKWAY UNIT 29?+
Tatum Ridge Elementary School (elementary), McIntosh Middle School (middle), Booker High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER REALTY · Julie Lojacono Mackie. MLS #A4691281.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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