Multi Family Land for Development

Vacant Land for Sale
Catylist Listing ID: 30330257
Property Subtypes: Multi-Family, Other
Gross Land Area: 19.97 Acres
Sale Price: $7,499,999
Unit Price: $375,563 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/16/2018

Overview / Comments

OFFERING SUMMARY
Sale Price: $7,499,999
Lot Size: 19.97 Acres
Recently annexed into the City of Venice and rezoned to RMF-3,
allowing for 13 units per acre. Build up to 259 units subject to
engineering and site conditions. Ideal location 4 miles to I-75 and
proposed new Sarasota Memorial Hospital and 2.4 miles to Downtown
Venice
PROPERTY OVERVIEW
Rarely available infill development site
High Density zoning, allowing for up to 259 units
Centrally located between I-75 and Downtown Venice

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0404120002

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,478 38,734 66,655
Median Age: 63.73 64.24 60.9
Households: 4,453 20,949 34,238
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