Shovel-Ready Sarasota Condo
1923 5TH STREET Sarasota, FL 34236
1923 5TH STREET, Sarasota, FL, 34236
$965,000
For Sale
$965,000
Turnkey luxury condominium development opportunity in Gillespie Park.
Lot Size0.24 Acres
Days on Market150
Property Features for 1923 5TH STREET
General Information
- Standard status
- Active
- Lot size
- 0.24 Acres
- Property subtype
- Land or Vacant Lot
Listing Agency
KONA REALTY
(941) 718-8293
Listed by
VLADO KONATAR · License #3371231
Source
Corcoran
Added: Feb 17 Checked: Jul 16 at 3:55 am
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
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
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 STREET 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.
