affordable / workforce housing opportunity

Vacant Land for Sale
affordable / workforce housing opportunity
Catylist Listing ID: 30825538
Property Subtypes: Multi-Family
Gross Land Area: 2.60 - 2.26 Acres
Sale Price: $1,350,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/29/2022

Overview / Comments

Workforce/affordable housing opportunity in the City of Venice. City is anxious for development of housing. City of Venice has just instituted their new zoning and building codes. The unit number is a negotiable number. Central water and sewer are in the immediate area. Force Main in the Leslie Park Condominium development to the east. Properties are accessed by deeded 75 ft ROW between Family Promise development and Knights of Columbus Hall both fronting on Substation Road. This site is interesting as it lies somewhat next to Hackett Creek which could allow kayak launching, and if forded, gives immediate access to Legacy Trail and the City of Venice preservation of the railroad car and its park lands, also providing access to the waterway and further to the bay and gulf. The opportunity is in the eye of the beholder as there are some additional four acres plus contiguous to this site.. Broker has surveys and aerials for the sites.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: City of Venice
Tax ID/APN: 0407100014 and 0407100005
Zoning: RMF @54 DWELLING UNITS
Property Located Between: Venice Ave and US 41
Property Visibility: Fair
Legal Description: by property ID#'ers 0407100005, and 0407100014 about 1.26 acres
Largest Nearby Street: Substation Road
Feet of Frontage: 75
Highway Access: us 41 immediately to the east with bus stop
Airports: Venice, SRQ and Ft Myers
Site Description: level with some trees
Area Description: Interesting! Retail in the neighborhood, hotel, restaurants, waterways, Legacy Trail and Railcar park plus waterway of isle of venice
Lot Frontage: depends
Lot Depth: 214 X 290
Zoning Description: City of Venice RMF
Development Name: U Name It
In Flood Plain?: Yes
Topography: Level
Easements Description: 75 ' entrance on Substation Road
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,077 42,446 70,890
Median Age: 65.14 62.14 60.09
Households: 4,069 22,369 36,047

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