1923 5th Street Sarasota, FL 34236

Mixed Use MLS #: A4641390 Courtesy Of Preferred Shore

Property InformationDescription

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.
MORTGAGE CALCULATOR

Features

  • Age: New Construction
  • Architecture Style: Other
  • Cooling System: Zoned A/C
  • Exterior Type: Stucco
  • Exterior Type: Block
  • Exterior Type: Concrete
  • Legal Description: LOTS 16 18 20 & 22 BLK 3 INWOOD PARK 1ST ADD
  • MLSID: A4641390

VIDEOS AND TOURS

MAP & DIRECTIONS

Get Directions
1923 5th Street, Sarasota, FL 34236
View Directions
Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.