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Active - Condominium for sale

5864 DEREK AVENUE UNIT 1-2, Sarasota, FL

2,016 sqft

Facts & features

Condominium Property type
95 days on Beycome
2026 Year built
$446 Price/Sqft.
40,149 sqft Lot size

Why you’ll love it

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!

Translating description...

Listings courtesy of MICHAEL SAUNDERS & COMPANY as distributed by MLS GRID.

Listed by: Joanna Benante • joannabenante@michaelsaunders.com • MICHAEL SAUNDERS & COMPANY

Co-listed by: MICHAEL SAUNDERS & COMPANY

Source: Stellar MLS as distributed by MLS GRID, MLS#: A4702730 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 2:01 PM EST.

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Affordability

$585,000$1,215,000
1%20%
0%90%
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Estimated monthly payment

$4,546/mo

  • Mortgage$4,546
  • Property tax$0
  • HOA fee
  • Homeowners insurance
Due at closing$714,705
Down payment held in escrow$179,800
Closing costs$13,485
beycome credit Est.$17,980

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Car Bank 2.0

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$899,000 Listed price

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