1923 5th Street, SARASOTA, FL 34236
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  • MLS#: A4631424 ( Land )
  • Street Address: 1923 5th Street
  • Viewed: 9
  • Price: $1,650,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 10
  • Additional Information
  • Geolocation: 27.3406 / -82.5316
  • County: SARASOTA
  • City: SARASOTA
  • Zipcode: 34236
  • Subdivision: Gillespie Parkl
  • Elementary School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Provided by: LIVING VOGUE LLC
  • Contact: Mark Coppens
  • 800-486-1794
  • DMCA Notice
  • Description
    Shovel Ready Luxury Condo Project in Red Hot Gillespie Park Approved & Profitable Opportunity. Introducing The Velocity Project, an exceptional opportunity to own prime land with a fully entitled and shovel ready 6 unit luxury condo development in the booming Gillespie Park neighborhood of Sarasota, Florida. One quarter acre, zoned Downtown Edge (DTE). This architecturally inspired project is the ultimate turnkey investment, blending world class design with the vibrant artsy vibe of one of Sarasotas most dynamic and rapidly appreciating neighborhoods. Fully Entitled & Approved: Complete Development Review Committee (DRC) approvals, with a 6 week estimated timeline to secure permits after submission. Turnkey Package Included: Purchase includes full architectural plans, detailed studies, construction cost analysis, and supporting documentationeverything you need to break ground immediately. World Class Design: Created by the award winning Solstice Architecture Firm, the design takes inspiration from the coastal elegance of Spain and Portugal, seamlessly blending luxury with Sarasotas unique charm. Luxury Amenities: Thoughtfully designed with six spacious, high end residences, offering premium features and exceptional livability. Profitable Investment: With all studies and projections completed, this project is poised to deliver strong returns in one of Sarasotas fastest growing areas. The Location: Gillespie Park is undergoing a vibrant renaissance, transforming into Sarasotas next great destination for urban living. Just blocks from downtown, this neighborhood offers an eclectic mix of boutiques, cafes, restaurants, and diverse architectural styles. As one of the last truly affordable areas near the city center, Gillespie Park is seeing unprecedented demand for high end living spaces, making this project a golden opportunity for investors and developers alike. This is your chance to own a piece of Sarasotas future while benefiting from the hard work already done. From fully approved plans to a booming location, The Velocity Project is the ideal blend of convenience, luxury, and profitability. Don't miss outthis opportunity wont last long. Contact us today for full project details, financial projections, studies, plans, DRC approval, construction quotes, and to schedule a site tour.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Land Information
  • Lot Features: Buildable, Cleared, City Limits, Near Public Transit, Sidewalk, Street Lights
School Information
  • High School: Booker High
  • Middle School: Booker Middle
  • School Elementary: Alta Vista Elementary
Garage and Parking
  • Garage Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Fiber Optics, Other, Phone Available, Public, Sewer Available, Street Lights, Water Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Current Use: Mixed Use
  • Legal Description: LOTS 16 18 20 & 22 BLK 3 INWOOD PARK 1ST ADD
  • Area Major: 34236 - Sarasota
  • Parcel Number: 2026090007
  • View: City
  • Zoning Code: DTE
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