Saragossa Lane and US 41

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Address: US-41, Venice, FL, USA

Florida & Gulf Coast + Land/Development

Created date: June 23, 2024

Date last updated: November 27, 2024

4 contiguous lots, totaling +/-59,556sf or 1.35ac mol with around 300' of frontage
zoned RMF-3 (13 units/acre)
Commercial Rezoning Potential
13 Dwelling Units per Acre Buildable
Future Land Use slated for Office/Multi-Family Residential with implementing zoning districts of CM, OPI, RSF-4, RMF-1, RMF-2, RMF-3, MP and GU, according to the Sarasota County FLUM. Tons of potential for development.
30,000+ AADT
OWNER FINANCING!

Property Description

American Property Group presents US 41 & Saragossa Lane, Venice, FL 34292: A significant multi-family land opportunity in the sought-after area of Venice, Florida. Encompassing four contiguous lots with a total size of approximately 59,556 square feet (1.35 acres MOL), this property boasts an impressive 300 feet of frontage on US 41. Key Features: Zoning: RMF3 (Residential, Multi-Family), allowing for up to 13 dwelling units per acre. This zoning supports the development of multi-family housing units which is a fantastic opportunity given the current demand for residential spaces. Rezoning Potential: The land holds potential for rezoning to other commercial uses, providing flexibility and numerous development opportunities for the savvy investor or developer. High Traffic Volume: Positioned to benefit from over 30,000 average annual daily traffic (AADT), enhancing visibility and accessibility. Future Land Use: Slated for Office/Multi-Family Residential under Sarasota County’s Future Land Use Map (FLUM), with possible implementing zoning districts including CM, OPI, RSF-4, RMF-1, RMF-2, RMF-3, MP, and GU. This diverse range of possible uses underscores the property’s versatility and potential as a cornerstone for development projects. Owner Financing Available: Offering flexible financing options, this opportunity is accessible for developers ready to capitalize on the area’s growth and demand. Situated in a prime location, this parcel is ideal for developers looking to invest in a rapidly growing area. Whether for a boutique residential complex or a mixed-use development, the possibilities are endless. Visit us online at www.AmericanPropertyGroup.com to see all our listings or call (941)923-0535 at your convenience.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Land/Development
Price:	$650,000
Lot Size:	1.36 Sq ft
Opportunity Zone:	No
Property Website	Click Here