Shovel-Ready Sarasota Condo
For Sale
$965,000
1923 5th St, Sarasota, FL 34236
Turnkey luxury condominium development opportunity in Gillespie Park.
Property SizeContact for details
Lot Size0.25 Acres
Days on Market186
Property Features for 1923 5th St
General Information
Standard status
Active
Lot size
0.25 Acres
Property subtype
Vacant Land
Listing Agency:
KONA REALTY
Listed By:
Vlado Konatar · License #3371231
(941) 718-8293
Source:
Whitesandsfl
Added: Mar 5
Changed: Aug 25
Last Checked: Sep 6 at 10:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KONA REALTY
Investment Insights
Based on property information with market context.
This property presents an opportunity to acquire a shovel-ready luxury condominium development in Sarasota’s Gillespie Park neighborhood. The sale includes architectural drawings, technical reports, cost analyses, and supporting materials. Development Review Committee approvals are secured, and permits are projected within approximately six weeks, positioning the project for an expedited construction start. The approved design, created by Solstice Architecture Firm, reflects an aesthetic influenced by the coastal architecture of Spain and Portugal. The development plans call for six residences designed with high-end finishes, modern layouts, and upscale amenities. Situated on a quarter-acre site with Downtown Edge (DTE) zoning, the property benefits from a location within one of Sarasota’s districts. Gillespie Park attracts buyer interest and investment, supported by local shops, dining destinations, and a diverse mix of architectural character. This is an opportunity to move forward with a fully entitled project.
Key Highlights
- Shovel‑ready luxury condominium development in Sarasota's Gillespie Park.
- Turnkey investment including architectural drawings, technical reports, and cost analyses.
- Development Review Committee approvals secured; permits projected within six weeks.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,379
Businesses Nearby
Explore this area
Business Placement
Demographics for 34236, FL
14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Turnkey luxury condominium development opportunity in Gillespie Park.
Where is this commercial land located?
The property is located at 1923 5th St Sarasota, FL.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: Shovel‑ready luxury condominium development in Sarasota's Gillespie Park.; Turnkey investment including architectural drawings, technical reports, and cost analyses.; Development Review Committee approvals secured; permits projected within six weeks.
