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Wade M. Berlin

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1923 5th Street
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PRICED AT ONLY: $1,300,000

Address: 1923 5th Street, SARASOTA, FL 34236

Description

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.

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More Like This
  • MLS#: A4667630 ( Land )
  • Street Address: 1923 5th Street
  • Viewed: 18
  • Price: $1,300,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 13

Description

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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Sewer: Public Sewer
  • Utilities: Other
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Current Use: Residential
  • Legal Description: LOTS 16 18 20 & 22 BLK 3 INWOOD PARK 1ST ADD
  • Area Major: 34236 - Sarasota
  • Parcel Number: 2026090007
  • Views: 18
  • Zoning Code: DTE
Nearby Subdivisions
Bay Point Park 2   Bird Key Sub   Collage On 5th Condominium   Halls Sub James S   High Point Circle   Inwood Park   Inwood Park First Add   John Ringling Estates St Arman   Lido Beach Div A   Lido Beach Div B   Lido Beach Div B Resub   Lido C   Orange One   Owen Burns Sub   Plat Of Sarasota Exhibit   Rosemary District   Saint Armands Div John Ringlin   Schindler Sub   Sevilla   Towles Sub Of Lts 18 20 22  
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