1923 5Th St Sarasota, FL 34236

This exceptional opportunity presents a fully entitled and shovel-ready pre-construction project for a six-unit luxury condo development in Sarasota's thriving Gillespie Park neighborhood. Situated on a 0.24-acre lot zoned Downtown Edge (DTE), this turnkey investment boasts complete Development Review Committee (DRC) approvals, with permits estimated to be secured within six weeks of submission. The project includes comprehensive architectural plans, detailed studies, a thorough construction cost analysis, and all supporting documentation, allowing for immediate ground-breaking. Designed by the award-winning Solstice Architecture Firm, the project's coastal Spanish and Portuguese-inspired design seamlessly blends luxury with Sarasota's unique charm. The six spacious, high-end residences offer premium features and exceptional livability. Located blocks from downtown, Gillespie Park offers an eclectic mix of boutiques, cafes, and restaurants, experiencing unprecedented demand for high-end living spaces. This project is poised to deliver strong returns, making it an ideal investment in one of Sarasota's fastest-growing areas. Financial projections and detailed plans are available upon request, along with a site tour. This is a rare chance to own a piece of Sarasota's future. The property encompasses 20,629 square feet and is priced at $1,650,000.