USAFLSarasotaGillespie Parkl1923 5Th St
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1923 5 Th St, SARASOTA, FL

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,250,000

000

MLS® A4682868

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Land
Size -
Garage No
Taxes $7,207
Days Active 0
Lot Size 0.24 acres
Approx. Age 
MLS® Number A4682868

Property Address: 1923 5th St, SARASOTA, FL, 34236-4210

Average square foot calculated using Size range provided by listing agent.

Description

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 location within one of Sarasota’s 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.
MLS® NumberA4682868
Laundry Level
Central VacNo
FireplaceNo
Acreage0.24
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 17, 2026List Date
$1,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
1923 5 Th St, SARASOTA, FL

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