Properties

Property Description

The Velocity Project presents an exceptional opportunity to acquire a shovel-ready luxury condominium development in Sarasota’s rapidly growing Gillespie Park neighborhood. This offering is structured as a true turnkey investment, with the sale including complete architectural drawings, technical reports, cost analyses, and all supporting materials needed for a smooth development process. With Development Review Committee approvals already secured and permits projected within approximately six weeks, the project is positioned for an expedited construction start.

The approved design, created by the acclaimed Solstice Architecture Firm, reflects an aesthetic influenced by the coastal architecture of Spain and Portugal. The development plans call for six generously sized residences designed with high-end finishes, modern layouts, and upscale amenities that appeal to today’s luxury buyers.

Situated on a quarter-acre site with Downtown Edge (DTE) zoning, the property benefits from a location within one of Sarasota’s most dynamic and evolving districts. Gillespie Park continues to attract strong buyer interest and investment, supported by a lively environment of local shops, dining destinations, and a diverse mix of architectural character.

This is a rare chance to move forward with a fully entitled project while avoiding the lengthy planning stages. Reach out today to obtain detailed project information, financial data, construction estimates, approved plans, and to arrange a site visit.

Features
: Public Sewer
: Other
Address Map
FL
Sarasota
SARASOTA
34236
1923 5TH STREET
1
W83° 28' 6.2''
N27° 20' 26.2''
South on 301 to 5th street, turn right on 5th and property is the second from the corner.
INWOOD PARK FIRST ADD
MLS Addon
1
281527432
281531896
: Cash, Conventional, Va Loan, Fha
: No
$7,207
2024
: Public
DTE

Land For Sale

1923 5TH STREET, SARASOTA, Florida 34236

0.24 Acre
Visits : 36 in 78 days
$1,250,000
Listing ID #A4682868
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : A4682868
Status : Active
Brokerage Name : KONA REALTY
Agent Name : Vlado Konatar
Price : $1,250,000
Lot Size : 0.24 Acre
Agent info
Gulf Sands Realty
Contact Agent

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Gulf Sands Realty

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Gulf Sands Realtors

Steve Foster

Stevefosterhomes14@gmail.com

Magdalena Carr

Mcarr.FloridaHomes@hotmail.com

Kristen Silver

kristengulfsandsrealty@gmail.com

Karen Macdonald

Floridahousedream@gmail.com