The Velocity Project presents an exceptional opportunity to acquire a shovel ready luxury condominium development in Sarasota s rapidly growing Gillespie Park neighborhood.


Property

Website:https://www.nestseekers.com/5530312
Address:
SARASOTA, FL 34236
Ownership: Fee Simple
Type: Unknown
Lot Size: 0.2 Acres

Financials

Price:$965,000
Annual Taxes:$7,207

Description

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.

Amenities

  • Other

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of KONA REALTY

SARASOTA FL 34236 USA