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516 LAUREL PARK DRIVE

Townhouse For Sale
$725,000

BTC: 8.95061728

ETH: 296.03919967

New
3 bds
3 ba
2,451 sqft

Overview

Experience downtown living at The Enclave in historic Laurel Park. This nearly 2,500-square-foot, four-level townhome combines the privacy of a single-family residence with an exceptional walkable Sarasota lifestyle. A private elevator serves every level, from the attached two-car garage to the upper bedroom suites. The thoughtfully designed floor plan offers 3 bedrooms, 3.5 baths, a dedicated home office, generous storage, and multiple private balconies with views of Payne Park and the downtown skyline. The main living level features warm hardwood floors and an open-concept living and dining area centered around a beautifully appointed kitchen with quartz countertops, bright cabinetry, herringbone backsplash, stainless appliances, apron-front sink, and a large island with induction cooking and breakfast seating. The private owner's level includes a spacious bedroom, walk-in closet, balcony, and spa-inspired bath with dual vanities and an oversized rainfall shower. A nearby office with its own balcony, dry bar with beverage refrigerator, and dedicated laundry room adds convenience. Upstairs, two additional en-suite bedrooms each feature walk-in closets, private balconies, and stylish baths. Additional highlights include hurricane-rated windows and doors, smart-home features, gated outdoor space, covered entry, and abundant storage throughout. Located directly across from Payne Park and moments from the Legacy Trail, The Enclave puts Downtown Sarasota, the Farmers Market, Bayfront, restaurants, shopping, Sarasota Memorial Hospital, and Morton’s Market within easy reach—with the beaches of Siesta Key just a short drive away. Urban living, private-home comfort, and one of Sarasota’s most desirable downtown locations—all in one exceptional residence.

Location

Details

Type:
Residential
Parking:
Alley Access / Garage Faces Rear / Ground Level
Year Built:
2019
Lot:
0.04 Acres
Heating:
Electric
Price/sqft:
$296
Cooling:
Central Air
HOA:
$1,565

Valuation

Our model vs. what's actually selling nearby.
Estimate
$725,000
$589K – $1.1M
Confidence Low
List vs. estimate
At estimate
List $725,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$295
+35.9% vs. city median $217
Based on
33 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,512
2025
HOA
$1,565/qtr
Common Area Taxes, Escrow Reserves Fund, Maintenance Structure
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Engineered Hardwood

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Washer

    Other interior features

    • Elevator

    • Solid Surface Counters

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • Alley Access

    • Garage Faces Rear

    • Ground Level

    Property

    • Levels: Three Or More

    • Exterior Features: Balcony / Sidewalk

    Lot

    • Lot: 0.04 Acres

    Other Property Information

    • Parcel Number: 2027090152

    • Zoning: DTE

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Townhouse

  • Utility

    • BB/HS Internet Available

    • Electricity Connected

    • Sewer Connected

  • Other financial information

    • HOA: $1,565

    • HOA Frequency: Quarterly

    • Annual tax amount: $9,513

  • Source details

    • MLS ID: A4704756

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Direction Faces: East

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2451

    • Water Source: Public

    • Subdivision Name: ENCLAVE/LAUREL PARK REP

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY