Map

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

RoomDimensionsLevelFeatures
Great Room24x42First

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

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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

  1. Listing updated with changes from the MLS®
  2. Price changed to $415,000
  3. Listing first seen on site
  4. Status changed to Active

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Listing courtesy of MICHAEL SAUNDERS & COMPANY (941) 356-7718

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-09 04:51 PM EST

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