1923 5th Street, Sarasota, FL 34236
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
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 amenities, offering premium features and exceptional livability. The Velocity Project is sited on a quarter-acre parcel zoned Downtown Edge (DTE), in a area that is experiencing a dynamic transformation, with a mix of boutiques, cafes, restaurants, and unique architectural styles. Don't miss out on the chance to own a piece of Sarasota's future while benefiting from the extensive work already completed. Contact us today for full project details, financial projections, studies, plans, DRC approval, construction quotes, and to schedule a site tour.
Contact an agent
Home facts
- Listing ID #:A4667630
- Added:1 day(s) ago
- Updated:October 09, 2025 at 11:59 AM
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)
New listings near 1923 5th Street
- New$295,000Active2 beds 2 baths1,099 sq. ft.
5667 Sheffield Greene Circle #59, SARASOTA, FL 34235
MLS# A4667845Listed by: MEDWAY REALTY - New$1,599,000Active4 beds 4 baths3,805 sq. ft.
5850 Vanderipe Road, SARASOTA, FL 34241
MLS# TB8436148Listed by: JACK KELLER INC - New$589,000Active3 beds 3 baths2,046 sq. ft.
2833 Valley Forge Street, SARASOTA, FL 34231
MLS# A4667164Listed by: NAVIGATION 4 REALTY - New$125,000Active3 beds 3 baths1,365 sq. ft.
927 Byron Lane #13-B, SARASOTA, FL 34243
MLS# A4667685Listed by: MAPP REALTY & INVESTMENT CO - Open Sun, 2 to 4pmNew$239,000Active2 beds 2 baths1,423 sq. ft.
1653 Whitehead Drive #615, SARASOTA, FL 34232
MLS# A4667680Listed by: PREFERRED SHORE LLC - New$320,000Active2 beds 2 baths1,700 sq. ft.
3500 N Village Court #221, SARASOTA, FL 34231
MLS# A4667800Listed by: PREMIER SOTHEBY'S INTERNATIONAL REALTY - New$450,000Active3 beds 2 baths1,361 sq. ft.
1173 Myrtle Street, SARASOTA, FL 34234
MLS# TB8436061Listed by: LPT REALTY LLC - New$579,000Active4 beds 3 baths2,414 sq. ft.
760 Rellim Ln. Lane, SARASOTA, FL 34232
MLS# A4667348Listed by: HOMESMART - New$828,000Active4 beds 3 baths2,847 sq. ft.
7500 Aguila Drive, SARASOTA, FL 34240
MLS# A4667671Listed by: MICHAEL SAUNDERS & COMPANY - New$425,000Active2 beds 2 baths2,098 sq. ft.
6306 42nd Street E, SARASOTA, FL 34243
MLS# A4666683Listed by: MICHAEL SAUNDERS & COMPANY