1923 5th Street, Sarasota, FL 34236

Local realty services provided by:Bingham Realty ERA Powered
1923 5th Street,Sarasota, FL 34236
$1,300,000
  • 0.24 Acres
  • Lots / Land
  • Active
Listed by:katie cobb
Office:preferred shore llc.
MLS#:A4667630
Source:MFRMLS

Price summary

  • Price:$1,300,000

About this home

Pre-Construction. To be built. Introducing The Velocity Project, a shovel-ready luxury condo development opportunity in the vibrant Gillespie Park neighborhood of Sarasota, Florida. The purchase includes full architectural plans, detailed studies, construction cost analysis, and supporting documentation, making it a true turnkey investment. Gillespie Park's rapid appreciation and demand for high-end living spaces make The Velocity Project a lucrative opportunity for investors and developers. This pre-construction project offers a profitable and convenient investment with all necessary approvals and plans in place. With complete Development Review Committee (DRC) approvals and an estimated 6-week permit timeline, investors can break ground immediately. The project features a fully entitled and approved design by the award-winning Solstice Architecture Firm, inspired by the coastal elegance of Spain and Portugal. The development includes six spacious, high-end residences with luxury

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Home facts

  • Listing ID #:A4667630
  • Added:1 day(s) ago
  • Updated:October 07, 2025 at 09:03 PM

Structure and exterior

  • Lot area:0.24 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,300,000
  • Tax amount:$7,207 (2024)
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