Following the strong success of Car Bank SRQ, developer Todd Segal is proud to announce Car Bank 2.0, a new and expanded private car condominium facility coming soon to Palmer Ranch at 5864 Derek Avenue, Sarasota, Florida. Designed for car collectors, motorsports enthusiasts, RV and boat owners, and anyone in need of secure, high-quality storage, the new project elevates the original concept with larger units and enhanced community amenities. Car Bank 2.0 will feature 26 units, each measuring approximately 24’ x 55’ (1,320 SF), offering substantially more interior space than the original project. Initial pricing will begin at $599,000. The gated and secure facility is 28' above sea level and will maintain all the premium features owners valued in Car Bank SRQ, including high-and-dry construction, storm-resistant design, and customizable interiors.  Strategically located in Palmer Ranch, Car Bank 2.0 offers convenient access to Sarasota’s barrier islands, major roadways, and nearby residential communities, providing owners with both proximity and peace of mind.Sales for Car Bank 2.0 are now underway.

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