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SARASOTA, FL 34236 1923 5TH STREET

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Presented By: KONA REALTY with 941-718-8293. - 941-718-8293
  • MLS# A4682868
  • 02/17/2026
  • Request Tour
  • Request Info

Home Details

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 by the acclaimed Solstice Architecture Firm, reflects an aesthetic influenced by the coastal architecture of Spain and Portugal. The development plans call for six generously sized residences designed with high-end finishes, modern layouts, and upscale amenities that appeal to today’s luxury buyers. Situated on a quarter-acre site with Downtown Edge (DTE) zoning, the property benefits from a location within one of Sarasota’s most dynamic and evolving districts. Gillespie Park continues to attract strong buyer interest and investment, supported by a lively environment of local shops, dining destinations, and a diverse mix of architectural character. This is a rare chance to move forward with a fully entitled project while avoiding the lengthy planning stages. Reach out today to obtain detailed project information, financial data, construction estimates, approved plans, and to arrange a site visit.
Presented By: KONA REALTY with 941-718-8293. - 941-718-8293

Interior Features for 1923 5TH STREET

Bathrooms

Total Baths

General for 1923 5TH STREET

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CitySARASOTA
CountySarasota
Current UseResidential
DirectionsSouth on 301 to 5th street, turn right on 5th and property is the second from the corner.
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionLOTS 16 18 20 & 22 BLK 3 INWOOD PARK 1ST ADD
Listing TermsCash, Conventional, FHA, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet10500
Lot Size UnitsSquare Feet
MLS Area34236 - Sarasota
OwnershipFee Simple
Property TypeLand
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameINWOOD PARK FIRST ADD
Tax Annual Amount7207
Tax Lot16
Tax Year2024
UtilitiesOther
Virtual TourClick here
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
ZoningDTE

Exterior for 1923 5TH STREET

Lot Dimensions20, 629sq ft
Lot Size Acres0.24
Lot Size Area10500
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Silcock

Broker Owner
Price $1,250,000
MLS#A4682868
List Date 02/17/2026
Property Type Land
Phone 407.574.0218
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Request Info
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