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: 2/18/2019

Overview / Comments

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
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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