Sarasota County Residential Development Opportunity

Investment Overview

A truly exceptional development opportunity awaits in Sarasota County, Florida. This 17 ± acre property, spanning six tax ID parcels in Nokomis and Venice, boasts a prime location. It is strategically situated just a two-minute drive south of the 315,000 ± SF Sarasota Memorial Hospital Laurel Road Campus (at Laurel Rd & I-75), ensuring residents have excellent access to medical services and a wealth of surrounding amenities. The clear highest and best use for this site is multifamily development. Four of the parcels already hold City zoning. The remaining two partial parcels are currently in the County but can be annexed into the City of Venice and rezoned to RM-2 (9 units per acre) through what is expected to be a straightforward process. This flexibility allows for development as either a for-sale residential/townhome community or a lucrative build-to-rent project. The site offers exceptional convenience with swift access to major amenities, including I-75, the health care "corridor", Publix, and an array or retail and dining vendors.

Investment Highlights

• 17 ± acres spread across six tax ID parcels
• Developed as a residential, town-home, apartment or a build-to-rent project
• Located minutes from I75 at Exit 207, the Sarasota Memorial Hospital Laurel Road Campus, Publix, and countless other amenities
• Sewer can be made available and is located on Pinebrook Road