1923 5TH STREET, SARASOTA, FL 34236 | MLS# A4641390 | Mamba Realty

SARASOTA, FL 34236 1923 5TH STREET

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Presented By: PREFERRED SHORE LLC with 941-999-1179. - 941-999-1179
  • MLS# A4641390
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  • SQFT • 19,024

Home Details

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.
Presented By: PREFERRED SHORE LLC with 941-999-1179. - 941-999-1179

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.
Facing Directionsouth
Flood Zone Codex
Flood Zone Code XY
HOANo
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
ModificationTimestamp2025-03-05t23:06:19.370z
New ConstructionYes
Ownershipsole proprietor
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
Virtual TourClick here
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 $1,450,000
MLS#A4641390
Property Type Commercial
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