- 0 baths
- 1,123 sqft
5864 Derek Avenue Unit 25Sarasota, FL, 34238
- Price per sqft
- $425
- Days on market
- 230
- Listed
- Mar 6
- Last increase
- +$35,000
- Jul 23, 2026
About this property
Virtually Staged. 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 (#14-26) features solid concrete tilt-wall construction, designed to withstand 150 mph hurricane-force winds, with approx. 1,375 sq. ft. (55’D x 24’W) and 20' interior ceilings—ideal for mezzanines or car lifts. 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!
Top Villas Intelligence
Projected rental revenue and ownership costs
Property details
- Street address
- 5864 Derek Avenue Unit 25
- City
- Sarasota
- State
- FL
- ZIP code
- 34238
- Year built
- 2026
- New construction
- Yes
- Faces
- South
- Rooms
- 1
- Living area
- 1,375 sqft
- Total building area
- 1,375 sqft
- Levels
- One
- Property condition
- Under Construction
Price & sale history
Asking price increased by $86,000 (17.2%) since first listed.
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Price increasedMLS #A4685118 | $585,000Change: +17.2%+$86,000 | +17.2%+$86,000 | |
| Listed for saleMLS #A4685118 | $499,000 | Not applicable |
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