$535,000
5864 Derek Avenue #18 Sarasota, FL 34238
For Sale MLS# A4685118
1,375 sq ft Single Family
Details for 5864 Derek Avenue #18
MLS# A4685118
Description for 5864 Derek Avenue #18, Sarasota, FL, 34238
One or more photo(s) has been virtually staged. Pre-Construction. To be built. 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!
Listing Information
Property Type: Residential, Garage Apartment
Status: Active
Lot Size: 0.92 Acres
Square Feet: 1,375 sq ft
Year Built: 2026
Stories: 1 Story
Construction: Concrete
Construction Display: New Construction
Subdivision: Car Bank 2.0
Foundation: Slab
County: Sarasota
Room Information
Main Floor
Great Room:
Interior Features
Flooring: Concrete
Additional Interior Features: High Ceilings, Ceiling Fan(s)
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Electricity Connected,Municipal Utilities,Sewer Connected
Cooling: Ceiling Fan(s), Ductless
Heating: Electric
Exterior / Lot Features
Roof: Membrane
Lot View: Park/Greenbelt,Water
Additional Exterior/Lot Features: Other, Outside City Limits
Driving Directions
From Clark Rd/SR 72, turn south on Derek Avenue, property on the right
Financial Considerations
Terms: Cash
Tax/Property ID: 0099010019
Tax Year: 2025
A broker reciprocity listing courtesy: MICHAEL SAUNDERS & COMPANY
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 5864 Derek Avenue #18
Sales History
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Tax Summary
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Schools
Schools nearby 5864 Derek Avenue #18
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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