For SaleCondominiumActive
5864 Derek Avenue 3
Sarasota, FL 34238
$415,000
248 Days On Site
- 1,008Sq Ft
- $412Per Sq Ft
- 0.92Acres
- 2026Built
- Subdivision
- Car Bank 2.0
- County
- Sarasota
- MLS®
- A4685121
Overview
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 mezzanines or car lifts. Units 14-26 are approximately 1,375 sq. ft. (55'D x 24'W) and ideal for larger collections and/or 45' motorcoaches. *UNIT 11 is 24'W X 42'D. * Interiors are fully insulated and climate controlled with a quiet, efficient HVAC split system, 14' x 14' insulated motorized overhead door, and separate walk-in door. Additional features include a half bathroom, utility sink, fire sprinkler system, LED lighting package, high-speed internet wiring, multiple GFCI outlets, RV hookups (including optional 50-amp service), and high-quality concrete floors ready for customization. The gated community provides 24-hour computerized access, monitored surveillance cameras, and 60'-wide driveway for easy maneuvering and privacy. The owner's clubhouse will be a space where neighbors can gather to share their passion, host private celebrations and car shows or watch parties. The space will include a bar and serving area, indoor and outdoor seating, television, and patio overlooking the serene pond. At 28' above sea level and located just minutes from I-75, Sarasota’s dealership row, the Legacy Trail, and 3.8 miles from Siesta Key, this is the ultimate combination of location, security, and functionality. Optional upgrades include individual backup generators, mezzanines, hydraulic lifts, cabinetry, epoxy or polished concrete floors, specialty lighting, sound systems, and additional security packages. With low monthly HOA fees, top-tier construction, and a prime Sarasota location, Car Bank 2.0 offers more than storage — it’s a lifestyle. Model available for viewing at Car Bank SRQ!
Listing Snapshot
- Price
- $415,000
- Days On Site
- 248 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 1,008 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 0.92 Acres
- Year Built
- 2026
- MLS® Number
- A4685121
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $2,868 monthly
- Sq Ft Source
- Builder
Property Details
General Features
11 items
- Acres
- 0.92
- Direction Faces
- South
- Foundation
- Slab
- Levels
- One
- Property Condition
- Under Construction, New Construction
- Property Sub Type
- Condominium
- Sewer
- Public Sewer
- SqFt Total
- 1,008
- Utilities
- Electricity Connected, Sewer Connected
- Water Source
- Public
- Zoning
- PID
Interior Features
6 items
- Flooring
- Concrete
- Furnished
- Unfurnished
- Heating
- Electric
- Interior
- High Ceilings
- Laundry Features
- None
Rooms
| Room | Dimensions | Level | Features |
|---|---|---|---|
| Great Room | 24x42 | First |
Exterior Features
5 items
- Construction Details
- Concrete
- Exterior
- Other
- Roof
- Membrane
- View
- Park/Greenbelt, Water
- Waterview
- Park/Greenbelt, Water
Community Features
4 items
- MLS Area
- 34238 - Sarasota/Sarasota Square
- Township
- 37
- Financing Terms Available
- Cash
- Roads
- Asphalt
Location
5864 Derek Avenue 3, Sarasota, FL 34238 · 34238 - Sarasota/Sarasota Square
Neighborhood & Commute
ZIP Code 34238
- Median household income
- $97,144
- Income per person
- $65,103
- Households
- 12,527
- Average household size
- 1.89
- Median age
- 64.0
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Price changed to $415,000
- Listing first seen on site
- Status changed to Active
Friends & Family
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