Venice Residential Land

Highlights

• 10.95-acre residential lot in Myakka River Trails
• One of the fastest-growing areas in the country
• Ideally located close to US-41
• Opportunity to build your dream home
• OUE1 Zoning and RU Future Land Use

Description

The Subject Property is 10.95 Acres of vacant residential land located on North River Road in Sarasota County. This piece of property offers the opportunity for the development of a single family home. Located in the community of Myakka River Trails, the Subject Property offers the buyer the ability to build their dream home on a large, riverfront lot. Additionally, the Subject Property is located near the intersection of US-41 and County Road 777 allowing for easy transportation throughout southwest Florida.

The Subject Property has a zoning designation of Open Use Estate (OUE1) with an underlying zoning and future land use (FLU) of Rural (RU). Due to its location and zoning, the Subject Property will be attractive to those looking to develop any type of space.

Located on Nort River Road in Venice, Florida, the Subject Property offers convenient access to US-41 and is ideally located along the Myakka River. The surrounding area between Venice and North Port is experiencing significant growth and development which should benefit the Subject Property. Convenient access to major highways, such as US-41, County Road 777, and other thoroughfare roads makes for easy travel throughout the Sarasota MSA.

Venice has experienced a population growth greater than 35% since the year 2000 and is expected to experience even further explosive growth with current trends showing great than 1,000 people moving to Florida every day. Median household incomes are up over 70% while property values have increased nearly 170% since 2000. Venice is primed to see continued growth in all areas of the local economy which will certainly benefit the Subject Property.