25 photos · 3D tour
1 / 25
ActivePrice improved $351,000220 days on market
$899,000$1,250,000
1923 5TH STSARASOTA, FL 34236INWOOD PARK FIRST ADD · Land
0.24 acLot
About this home
The Velocity Project presents an exceptional opportunity to acquire a shovel-ready luxury condominium development in Sarasota’s rapidly growing Gillespie Park neighborhood. This offering is structured as a true turnkey investment, with the sale including complete architectural drawings, technical reports, cost analyses, and all supporting materials needed for a smooth development process. With Development Review Committee approvals already secured and permits projected within approximately six weeks, the project is positioned for an expedited construction start. The approved design, created…
Description as provided by the listing brokerage.
The details
StatusActive
MLS #MFRA4682868
Property typeLand
Lot size0.24 ac
Taxes$7,207 (2024)
Days on market220
CountySarasota
Flood zoneX (verify)
ListedFeb 16, 2026
Features & property details
Exterior & lot
Lot dimensions20,629sq ft
Road surfacePaved
Pool & water
Waterfront feet0
Community & HOA
Total monthly fees$0
Total annual fees$0
SW communityNot Applicable
Utilities & efficiency
UtilitiesOther
SewerPublic Sewer
Water sourcePublic
Financial & terms
Tax year2,024
Listing termsCash, Conventional, Fha, VA Loan
OwnershipFee Simple
Special conditionsNone
ZoningDTE
MLS area34236 - Sarasota
Where it sits
Approximate location shown. Exact address available on request per listing brokerage.
More like this
Stellar MLSMLS# MFRA4682868Listing courtesy of KONA REALTYLast updated Sep 25, 2026, 1:42 PM