ActiveNO CDDNEW CONSTRUCTION
1 / 18
$899,000
$446/sqft
HOA: $5,736/anTaxes: $0/yr1d on market

Car Bank 2.0

5864 DEREK AVE #1-2, SARASOTA, FL, 34238

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0 Baths|2,016 Sq Ft|Built 2026
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🔥 Just listed — this home matches what most buyers are looking for in this area.

C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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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 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!

Subdivision
CAR BANK 2.0
County
Sarasota
Zip Code
34238

Neighborhood

Map unavailable

Type
Garage Condo
Living Area
2,016 sqft
Construction
Concrete
Roof
Membrane
Flooring
Concrete
Pool
No
HOA
$5,736 / Annual
  • Ceiling Fans(s)
  • High Ceilings
  • Thermostat
  • Other
  • None
  • None
  • In County
  • Electricity Connected
  • Public
  • Sewer Connected
Bedrooms
Bathrooms
0
Year Built
2026
Construction
Concrete
Flooring
Concrete
Roof
Membrane
Garage Spaces
0
Cooling
Mini-split Unit(s)
Heating
Electric
Waterfront
No
Pet Restrictions
Lot Size
0.92 acres
Senior Community
No
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2025
Annual Tax Amount
$0

Association Fees

  • HOA Fee

    $5,736/ Annual

Down Payment20% — $179,800
Interest Rate6.50%
Loan Term
Est. Mortgage
$4,546
HOA Fee
$478
Est. Property Tax
$0
Est. Insurance
$300
Total Est. Monthly Cost$5,323

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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