1923 5th STREET, SARASOTA, FL 34236 | MLS# A4631425 | Mamba Realty

SARASOTA, FL 34236 1923 5th STREET

1923 5th STREET SARASOTA, FL - Image 11923 5th STREET SARASOTA, FL - Image 21923 5th STREET SARASOTA, FL - Image 3
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1923 5th STREET SARASOTA, FL - Image 41923 5th STREET SARASOTA, FL - Image 5
Presented By: LIVING VOGUE LLC with 800-486-1794. - 800-486-1794
  • MLS# A4631425
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  • SQFT • 19,024

Home Details

Pre-Construction. To be built. 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 Sarasota’s 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 documentation—everything 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 Sarasota’s 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 Sarasota’s fastest-growing areas. The Location: Gillespie Park is undergoing a vibrant renaissance, transforming into Sarasota’s 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 Sarasota’s 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 out—this opportunity won’t last long. Contact us today for full project details, financial projections, studies, plans, DRC approval, construction quotes, and to schedule a site tour.
Presented By: LIVING VOGUE LLC with 800-486-1794. - 800-486-1794

Interior Features for 1923 5th STREET

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcebuilder
Air Conditioning Y/NYes

General for 1923 5th STREET

Additional Parcels Y/NNo
Building Area Unitssquare feet
Citysarasota
Construction Materialsblock, concrete, stucco
Coolingcentral air, other, zoned
Countysarasota
Directionssouth on 301 to 5th street, turn right on 5th and property is the second from the corner.
FULLsole proprietor
Facing Directionsouth
Flood Zone Codex
Flood Zone Code XY
HOAYes
Legal Descriptionlots 16 18 20 & 22 blk 3 inwood park 1st add
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet10500
Lot Size Unitssquare feet
MLS Area34236 - sarasota
ModificationTimestamp2024-12-05t06:00:07.400z
New ConstructionYes
Property Conditionpre-construction
Property Subtypemixed use
Property Typecommercial sale
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namegillespie parkl
Tax Annual Amount6990.93
Tax Lot16
Tax Year2024
Utilitieselectricity available, other, phone available, public
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built2025
Zoningdte

Exterior for 1923 5th STREET

Building Area Total20629
Foundation Detailsslab
Lot Dimensions100 x 105
Lot Featurescity lot, near public transit, sidewalk, street lights
Lot Size Acres0.24
Lot Size Area10500
Number of Buildings1
Road Frontage Typestreet lights, city street
Road Responsibilitypublic maintained road
Road Surface Typeasphalt
Water Sourcepublic

Additional Details

Price History

Jehad Bader

Broker
Price $1,650,000
MLS#A4631425
Property Type Commercial
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