1923 5th Street, SARASOTA, FL 34236
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- MLS#: A4682868 ( Land )
- Street Address: 1923 5th Street
- Viewed: 17
- Price: $1,250,000
- Price sqft: $0
- Waterfront: No
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 4
- Additional Information
- Geolocation: 27.3406 / -82.5316
- County: SARASOTA
- City: SARASOTA
- Zipcode: 34236
- Subdivision: Inwood Park First Add
- Provided by: KONA REALTY
- Contact: Vlado Konatar
- 941-718-8293

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DescriptionThe Velocity Project presents an exceptional opportunity to acquire a shovel ready luxury condominium development in Sarasotas 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 todays luxury buyers. Situated on a quarter acre site with Downtown Edge (DTE) zoning, the property benefits from a location within one of Sarasotas most dynamic and evolving districts. Gillespie Park continues to attract strong buyer interest and investment, supported by a lively environment of local shops, dining destinations, and a diverse mix of architectural character. This is a rare chance to move forward with a fully entitled project while avoiding the lengthy planning stages. Reach out today to obtain detailed project information, financial data, construction estimates, approved plans, and to arrange a site visit.
Property Location and Similar Properties
Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Country
- US
Covered Spaces
- 0.00
Current Use
- Residential
Garage Spaces
- 0.00
Insurance Expense
- 0.00
Legal Description
- LOTS 16 18 20 & 22 BLK 3 INWOOD PARK 1ST ADD
Living Area
- 0.00
Area Major
- 34236 - Sarasota
Net Operating Income
- 0.00
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 2026090007
Property Type
- Land
Sewer
- Public Sewer
Tax Year
- 2024
Township
- 36
Utilities
- Other
Views
- 17
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/A4682868
Water Source
- Public
Zoning Code
- DTE


























