Property
ActiveResidential
1/9
$535,000

5864 DEREK AVENUE 18

Sarasota, FL 34238
0
Beds
0
Baths
1,375
SqFt
0.92
Acres
STELLAR
#A4685118
Updated: May 1, 2026, 5:23pm

Property Description

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!

Property Details

Highlights
View
Yes
Interior
Building Area Total
1375
Cooling
Mini-Split Unit(s)
Flooring
Concrete
Furnished
Unfurnished
Heating
Electric
Interior Features
Ceiling Fan(s)High CeilingsThermostat
Living Area
1375
Rooms Total
Yes
Virtually Staged
Yes
Construction
Building Area Source
Builder
Building Area Units
Square Feet
Construction Materials
Concrete
Direction Faces
South
Foundation Details
Slab
Levels
One
Living Area Source
Builder
Living Area Units
Square Feet
New Construction
Yes
Num Timesper Year
4
Property Condition
Pre-Construction
Roof
Membrane
Year Built
2026
Site & Exterior
Exterior Features
Other
Flood Zone Code
X
I D X Participation
Yes
Lot Features
In County
Lot Size Acres
0.92
Lot Size Area
40149
Lot Size Square Feet
40149
Lot Size Units
Square Feet
Public Survey Range
18
Public Survey Section
15
Road Surface Type
Asphalt
Sewer
Public Sewer
Utilities
Electricity ConnectedPublicSewer Connected
View
Park/GreenbeltWater
Water Source
Public
Zoning
PID
Financials
Calculated List Price By Calculated Sq Ft
389.09
Condo Fees
2868
Condo Fees Term
Annual
Contract Status Change Date
2026-03-06
Current Price
535000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
3 Months
Monthly Condo Fee Amount
239
Owner Name
ON RECORD
Ownership
Condominium
Parcel Number
0099010019
Public Survey Township
37
Tax Legal Description
COM AT NE COR OF SEC 15-37-18 TH S 00-16-13 W 542.69 FT TH N 89-43-47 W 40 FT TO WLY R/W LINE OF MCINTOSH RD TH N 89-26-05 W 286.26 FT FOR POB TH CONT N 89-26-05 W 214.19 FT TH N 00-15-50 E 205.19
Tax Lot
2
Tax Year
2025
Total Annual Fees
2868
Total Monthly Fees
239

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
Per condo docs
Lease Restrictions
Yes
M L S Area Major
34238 - Sarasota/Sarasota Square
S W Subdiv Community Name
Not Applicable
Subdivision Name
CAR BANK 2.0
Listing provided courtesy of STELLAR via IDX. Updated: May 1, 2026, 5:23pm.
Joanna Benante

Listing Agent

MICHAEL SAUNDERS & COMPANY

Call Agent