Translation
for even CHRIST suffered once for sins, the righteous for the unrighteous, so that He might lead you to THEOS, having been put to death
Go to footnote numberin the flesh, but having been made alive in the Spirit,
Go to footnote numberParaphrase
for even THE ANOINTED MESSIAH was not exempt from suffering, in fact, he endured one huge hardship of extreme suffering, a righteous one suffering the punishment of unrighteous ones, so that he could lead you to THE CREATOR AND OWNER OF ALL THINGS, by being put to death in the body, and then being made alive again by the Holy Spirit of God.
Footnotes
1
Participles like this one can express a number of meanings. I think this one is intended to show agency – that Jesus is able to lead us to God by means of, or through the means of his death and resurrection.
2: "in the Spirit"
I think the word “spirit” is being used here with only one meaning, but it opens the door for a double meaning to be used in the next verse. Although this point has long been debated, I think the usage here is in reference to the Holy Spirit of God because it was the power of God the Father that raised Jesus from the dead, it was not the power of his own inner spirit, or inner being. Besides that, the spirit of a human never dies, so it would make no sense to say He was brought to life in the realm of His inner spirit.