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Active159 days on marketNew construction
$415,000

5864 DEREK AVE #3SARASOTA, FL 34238CAR BANK 2.0 · Garage Condo

1,008Sq ft
0.92 acLot
2026Built

About this home

Under Construction. Welcome to Car Bank 2.0, Sarasota’s premier, private garage condominium community in the heart of Palmer Ranch. This exclusive enclave offers 26 individually owned garage condos, perfect for *CAR COLLECTORS, 45' RV OWNERS, HOBBYISTS, ARTIST STUDIO, WINE STORAGE, WORKSPACE* seeking secure, high-end storage with exceptional convenience and customization. Each unit features solid concrete tilt-wall construction, designed to withstand 150 mph hurricane-force winds, with two sizes, units 1-13 are approx. 1,008 sq. ft. (42’D x 24’W) and 21.5' interior ceilings—ideal for mezza…

Description as provided by the listing brokerage.

Highlights

  • New construction
  • Other
  • Ceiling Fans(s)
  • High Ceilings
  • Thermostat
  • Park/Greenbelt
  • Water
  • Membrane
  • Concrete

Open houses

No open houses scheduled.

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The details

StatusActive
MLS #MFRA4685121
Property typeGarage Condo
Year built2026
Lot size0.92 ac
Living area1,008 sq ft
Price per sq ft$412
CDDNo
StoriesOne
Days on market159
CountySarasota
Flood zoneX (verify)
ListedMar 5, 2026

Features & property details

Interior

Rooms1
FlooringConcrete
Interior featuresCeiling Fans(s), High Ceilings, Thermostat
LaundryNone
CoolingMini-Split Unit(s)
HeatingElectric
In-law suite0

Exterior & lot

Exterior featuresOther
ViewPark/Greenbelt, Water
Lot featuresIn County
FacesSouth
Road surfaceAsphalt

Construction

ConstructionConcrete
FoundationSlab
RoofMembrane
ConditionUnder Construction
BuilderCalusa Construction
Builder model24x42
Projected completionJun 2027
Living area sourceBuilder
Building area (sq ft)1,008

Pool & water

Waterfront feet0

Community & HOA

Approval required0
Total monthly fees$239
Total annual fees$2,868
Monthly condo fee$239
Condo fees$2,868
Condo fee termAnnual
55+ communityNo
Minimum lease3 Months
Lease restrictions1
Lease notesPer condo docs
SW communityNot Applicable

Building

Unit3

Utilities & efficiency

UtilitiesElectricity Connected, Public, Sewer Connected
SewerPublic Sewer
Water sourcePublic

Financial & terms

CDD0
Tax year2,025
Homestead0
Listing termsCash
OwnershipCondominium
Special conditionsNone
PossessionClose Of Escrow
ZoningPID
OccupantVacant
MLS area34238 - Sarasota/Sarasota Square

Where it sits

Approximate location shown. Exact address available on request per listing brokerage.

Where you'd be
CAR BANK 2.0, Florida

SARASOTA · Sarasota County

MLS# MFRA4685121Listing courtesy of MICHAEL SAUNDERS & COMPANYLast updated Aug 12, 2026, 8:06 PM
$415,0005864 DEREK AVE #3 · SARASOTA
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