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$378,000

5864 Derek Avenue Sarasota, FL 34238 Residential - Condominium Active

  • 5864 Derek Avenue, Unit 12, Sarasota, FL 34238 Main Photo

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Description

Pre-Construction. To be built. Welcome to Car Bank 2.0, Sarasota's premier, private garage condominium community in the heart of PalmerRanch. This exclusive enclave offers 26 individually owned garage condos, perfect for car collectors, RV owners, and enthusiasts seeking secure,high-end storage with exceptional convenience and customization. Each unit features solid concrete tilt-wall construction, designed to withstand150 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 1,320 sq. ft. (55'D x 24'W) and ideal for larger collections and/or 45' motorcoaches. ***UNIT 12 IS 24'W X 42'D. *** Interiors are fully insulated and climate controlled with a quiet, efficient HVACsplit system, 14' x 14' insulated motorized overhead door, and separate walk-in door. Additional features include a half bathroom, utility sink, firesprinkler system, LED lighting package, high-speed internet wiring, multiple GFCI outlets, RV hookups (including optional 50-amp service), andhigh-quality concrete floors ready for customization. The gated community provides 24-hour computerized access, monitored surveillancecameras, and 60'-wide driveway for easy maneuvering and privacy. The owner's clubhouse will be a space where neighbors can gather to sharetheir 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, theLegacy Trail, and 3.8 miles from Siesta Key, this is the ultimate combination of location, security, and functionality. Optional upgrades includeindividual backup generators, mezzanines, hydraulic lifts, cabinetry, epoxy or polished concrete floors, specialty lighting, sound systems, andadditional security packages. With low monthly HOA fees, top-tier construction, and a prime Sarasota location, Car Bank 2.0 offers more thanstorage - it's a lifestyle. Model available for viewing at Car Bank SRQ!

Property Highlights

Property Type: Residential - Condominium
Cooling: Mini-Split Unit(s)
Heating: Electric
Home Style: Garage Condo
Lot Size: 0.92 Acres
Roof Type: Membrane
Stories: 1.0
Taxes: $0
Year Built: 2026

General Information

Sqft: 1,008
County: Sarasota
Subdivision: CAR BANK 2.0
Listed By:
Joanna Benante MICHAEL SAUNDERS & COMPANY 941-388-4447

Amenities

Ceiling Fans(s)
High Ceilings
Thermostat
Other

Room Information

Great Room: 24x42

Property Features

Condo Fee: $2868/ Annual
Days on Site: 32
Directions: From Clark Rd/SR 72, turn south on Derek Avenue, property on the right.
Exterior: Concrete
Flood Zone Code: X
Flooring: Concrete
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash
Lot: In County
Lot Dimensions: 0.92
Ownership: Condominium
Property Attached Y/N: No
Property Sub-Type: Garage Condo
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Electricity Connected, Public, Sewer Connected
Water: Public
Water Access Y/N: No
Zoning: PID
$378,000
1,008sqft
Active
BEDS0 BATHS SQUARE FEET1,008 MLS#A4680347
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONCAR BANK 2.0

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5864 Derek Avenue, Unit 12, Sarasota, FL 34238.

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Estimated Payment

$ 1,385.18 per month $1,274.93 Principal & Interest $0.00 Property Tax (data not provided by mls) $110.25 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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About this community

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 03/02/2026. The listing information on this page last changed on 03/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/02/2026 3:58:56 PM EST) or Stellar MLS (last updated Mon 03/02/2026 3:46:11 PM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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