1923 5TH STREET, Sarasota, FL 34236

  • $1,450,000
1923 5TH STREET, Sarasota, FL 34236
Active Pre-Construction
1923 5TH STREET, Sarasota, FL 34236
1923 5TH STREET, Sarasota, FL 34236
  • $1,450,000

Overview

Property ID: HZA4641390
  • Mixed Use, Commercial Sale
  • Property Type
  • 20629
  • Square Feet
  • 2025
  • Year Built

Description

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.

  • Address 1923 5TH STREET
  • City Sarasota
  • State/county FL
  • Zip/Postal Code 34236

Details

Updated on February 20, 2025 at 7:57 pm
  • Property ID: HZA4641390
  • Price: $1,450,000
  • Property Size: 20629 Square Feet
  • Land Area: 0.24 Acres
  • Garage Size: x x
  • Year Built: 2025
  • Property Type: Mixed Use, Commercial Sale
  • Property Status: Active

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