IDX

Listed by JOANNA BENANTE · Courtesy of MICHAEL SAUNDERS & COMPANY· Agent MLS ID# MFR374004843 · Deemed reliable but not guaranteed. · Data last updated: Aug 13, 2026 · 12:06 AM

5864 DEREK AVE #3

Sarasota, Sarasota, FL, 34238

Active

$415,000

$412/sqft

N/ABeds
0Baths
1,008Sq Ft
2026Built
159Days on Market

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, 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 1,375 sq. ft. (55'D x 24'W) and ideal for larger collections and/or 45' motorcoaches. ***UNIT 11 is 24'W X 42'D. *** 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!

Facts & Features

MFRA4685121
$415,000
Active
N/A
0
N/A
N/A
1,008 sqft
0.9200
2026
Residential
Garage Condo
N/A

Community Information

5864 DEREK AVE #3
Car Bank 20
Sarasota
Sarasota
FL
34238
No

Amenities

N/A
N/A
No
No
No

Interior

Ceiling Fans(s), High Ceilings, Thermostat
Electric
Mini-Split Unit(s)
Concrete
N/A
N/A
N/A

Exterior

Other
Concrete
Slab
Membrane
N/A
In County

School Information

N/A
N/A
N/A

Additional Information

March 6, 2026
159
PID
South
Yes

Mortgage Calculator

This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. MICHAEL SAUNDERS & COMPANY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

159 days on market

Listing updated: Aug 13, 2026 · 12:06 AM

Listed by: JOANNA BENANTE · 941-356-7718MICHAEL SAUNDERS & COMPANY · 941-388-4447

Updated from Real Estate Market Data

Location

BR
brokerage

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