Pre-Construction. To be built. Introducing The Velocity Project, a shovel-ready luxury condo development opportunity in the vibrant Gillespie Park neighborhood of Sarasota, Florida. The purchase includes full architectural plans, detailed studies, construction cost analysis, and supporting documentation, making it a true turnkey investment. Gillespie Park's rapid appreciation and demand for high-end living spaces make The Velocity Project a lucrative opportunity for investors and developers. This pre-construction project offers a profitable and convenient investment with all necessary approvals and plans in place. With complete Development Review Committee (DRC) approvals and an estimated 6-week permit timeline, investors can break ground immediately. The project features a fully entitled and approved design by the award-winning Solstice Architecture Firm, inspired by the coastal elegance of Spain and Portugal. The development includes six spacious, high-end residences with luxury amenities, offering premium features and exceptional livability. The Velocity Project is sited on a quarter-acre parcel zoned Downtown Edge (DTE), in a area that is experiencing a dynamic transformation, with a mix of boutiques, cafes, restaurants, and unique architectural styles. Don't miss out on the chance to own a piece of Sarasota's future while benefiting from the extensive work already completed. Contact us today for full project details, financial projections, studies, plans, DRC approval, construction quotes, and to schedule a site tour.
MLS # | A4641390 |
---|---|
Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | New Construction |
Status | Active |
Year | 2025 |
Days On Site | 122 |
Listing Provided By | PREFERRED SHORE LLC | Tara Miller |
SQ Feet | 19,024 |
---|---|
Zoning | DTE |
Acreage | 0.24 |
Property | 1244 |
---|
State | FL |
---|---|
County | Sarasota |
City | SARASOTA |
Zip Code | 34236 |
Area | 34236 Sarasota |
Community Name | GILLESPIE PARKL |
Listing VS Median (in GILLESPIE PARKL) | |
Price: $1,300,000 low | high Med: $1,300,000 SqFt: 19,024 low | high Med: 19,024 $ / SqFt: $68 low | high Med: $68 On site: 122 low | high Med: 122.000000 |