Land - Real Estate in Venice
Listing Price: $5,850,000 (Sale Pending) (Mortgage Calculator →)
Description of Property
Under contract-accepting backup offers. Prime Investment Opportunity: 20.3 Acres of Versatile Real Estate. Nestled between the bustling intersections of Jacaranda Blvd and River Rd lies a gem of opportunity - 20.3 acres of prime real estate, strategically positioned off E Venice Ave. This expansive property offers a unique blend of residential, multi-family, and light industrial potential, making it a highly sought-after investment in a rapidly growing corridor. The property is currently zoned OUE (Open Use Estate), providing a flexible canvas for a range of development options. A comprehensive survey is available, offering detailed insights into the terrain and layout of the land, facilitating informed decision-making for potential investors. The listing encompasses two parcels, totaling 20.3 acres. The larger parcel spans 15 acres, offering ample space for residential developments or potential light industrial ventures. The additional 5.3-acre parcel complements the overall offering, providing further scope for diverse investment strategies. The versatility of this property opens doors to a myriad of investment possibilities. Developers can explore options for residential communities catering to the growing demand for housing in the area. The inclusion of multi-family zoning adds value, catering to the evolving preferences of modern living. Additionally, the light industrial zoning presents opportunities for commercial ventures, such as retail spaces, offices, or light manufacturing facilities, tapping into the area's economic vibrancy. Proximity to Sarasota Memorial Hospital and major intersections, detailed survey available for informed decision-making, two parcels offering flexibility and scalability for development.
Property Details At A Glance
Property Type: Land
City: Venice
County: Sarasota
Subdivision: Venice Farms
Annual Tax: $292
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Accessibility Features:
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Waterfront Info
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Water Access: Not specified
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Exterior & Construction
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Other Structures: Barn(s)
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Fencing: Barbed Wire, Wood
Utilities:
- Cable Available
- Electrical Nearby
- Electricity Available
- Utility Pole
Sewer: Septic Tank
Water Source: None
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Lot Information
Lot Features:
- Filled
- In County
- Irregular Lot
- Wooded
Lot Size (acres): 20.3
Lot Size (sq. ft.): 884,268 square feet
Lot Dimensions: irr x irr
Road Frontage: Access Road, County Road
Front Exposure: West
Adjoining Property:
- Commercial
- Industrial
- Multi-Family
- Professional Office
- Residential
Additional Parcels: Yes
Additional Parcels Description: 0418 13 0002
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 0418130001
Zoning: OUE
Tax Legal Desc.: THAT PART OF SEC 12 LYING S OF TRACTS 155 156 & 157 CONTAINING 15 C-AC M/L VENICE FARMS
Disclosures: None
Listing courtesy of ACTION REALTY OF SARASOTA LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.