1923 5th Street, Sarasota, FL 34236

Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
1923 5th Street,Sarasota, FL 34236
$1,250,000
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  • 0.24 Acres
  • Lots / Land
  • Active
Listed by: vlado konatar
Office: kona realty
MLS#:A4682868
Source:MFRMLS

Price summary

  • Price:$1,250,000

About this home

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

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Home facts

  • Listing ID #:A4682868
  • Added:7 day(s) ago
  • Updated:February 25, 2026 at 01:30 PM

Structure and exterior

  • Lot area:0.24 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Tax amount:$7,207 (2024)
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