Premier Multi-Family Development Opportunity - US 41 & Saragossa Lane, Venice, FL 34292
Saragossa Lane and US 41
Venice, FL 34287
Highlights
- 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!
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.
Located along US41, just South of Warm Mineral Springs on the East side of Tamiami Trail. Great exposure, high traffic counts (30,000+ AADT) and minutes from all the action in the quickly growing community of North Port!
Nicely situated just South of "Warm Mineral Springs", a major tourist attraction in North Port, off of Tamiami Trail and easily accessible via North Highway Dr., access road. Lots are BOTH CORNER LOTS and situated at the intersection of Saragossa Dr. and Santa Cruz Lane. A densely populated residential neighborhood sits behind this property with average household incomes.
