5864 DEREK AVENUE #1-2, SARASOTA, FL 34238

$899,000 · Active

MLS #A4702730

Price

$899,000

Status

Active

Bedrooms

—

Bathrooms

0

Living area

2,016 sq ft

Home type

Garage Condo

Year built

2026

Lot size

0.92 acres

Full bathrooms

0

Half bathrooms

0

Private pool

No

Waterfront

No

New construction

Yes

HOA

No

55+ community

No

Levels

One

County

Sarasota

Annual property taxes

$0

Subdivision

CAR BANK 2.0

Appliances & Equipment

None

Building

Built in 2026 · Living area: 2016 · Living area units: Square Feet · Building faces South · Levels: One · Construction Materials: Concrete

Cooling

Mini-Split Unit(s)

Floors

Concrete

Foundation

Slab

Heating

Electric

Interior Features

Ceiling Fans(s) · High Ceilings · Thermostat

Laundry

None

Lot

0.92 acres · In County

Property

Under Construction · Park/Greenbelt · Water

Roof

Membrane

Sewer

Public Sewer

Utilities

Electricity Connected · Public · Sewer Connected · Water Source: Public

About this home

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, now with three sizes! *** This unit featured is the "Signature Series" space. It features units 1 & 2 combined for a double unit with two garage bays and approximately 2016 sq ft. @ 48' wide and 42' deep. This combined space without the dividing wall can hold up to 10 car on the ground and more when you add lifts. *** Units 3-13 are approx. 1,008 sq. ft. (42’D x 24’W) and over 21.5' interior ceilings—ideal for mezzanines or car lifts. Units 14-26 are approximately 1,375 sq. ft. (57'D x 24'W) and ideal for larger collections and/or 45' motorcoaches. 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. Each unit will have its own private outdoor patio and enjoy some green space off the rear of your garage. The gated community provides 24-hour computerized access, monitored surveillance cameras, and 60'-wide driveway for easy maneuvering and privacy. The *** owner's suite with over 2500 sq ft *** 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 by appointment at Car Bank SRQ!

Courtesy of MICHAEL SAUNDERS & COMPANY 941-388-4447

Contact LPT Realty at (877) 366-2213 to ask about this home.