Argos - Venice

Vacant Land for Sale
Catylist Listing ID: 30739442
Property Subtypes: Multi-Family
Gross Land Area: 2.33 Acres
Sale Price: $1,695,000
Unit Price: $727,467 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/2/2021

Overview / Comments

The property is 2.33 Acres along Seaboard Avenue. This property is now under the City of Venice Comprehensive Plan that falls under the Mixed Use Seaboard zoning and will allow for a residential density of 9.1 - 18 dwelling units / acre, and an additional bonus of double for affordable housing. The Floor Area Ratio for redevelopment is 2.0 allowing greater height for less land used. There is approximately 500 linear feet on Seaboard and 550' fronting the Legacy Trail.

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Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0408090035

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,733 44,717 71,570
Median Age: 65.31 61.35 60.1
Households: 4,733 23,456 36,406
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