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Property Search/SARASOTA/INWOOD PARK FIRST ADD
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.

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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.

Where you'd be
INWOOD PARK FIRST ADD, Florida

SARASOTA · Sarasota County

MLS# MFRA4682868Listing courtesy of KONA REALTYLast updated Sep 25, 2026, 1:42 PM
$899,0001923 5TH ST · SARASOTA
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