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General
Apartments
2201 Knights Trail Rd
Nokomis, FL, 34275
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1298000 sqft
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20 + Acres Acres

If you are interested in developing multi-family in the City of Venice, this property offers a great opportunity. The City of Venice, and even Sarasota County, have changed to a no growth or slow growth posture. It will be very difficult to obtain a land use change or rezone to multi-family in the City of Venice. This parcel has the potential for possible zoning change to industrial or other commercial zoning. Less than one mile from City of Venice approved Wal mart site.This property consists of 29.89 acres. The sales price is $6,900,000. This land is priced based on construction of units commencing in four years It is in the City of Venice and is zoned RMF-2. Plans have been modified and completed to meet the requirements of the approved Zoning Ordinance for this site. The project is ready for permitting and construction. The plans are for 240 town homes with a club house, pool and gym. Land cost per unit is $28,750. Requirements for storm detention and wetla nd buffers have been met. The project architecture is in accordance with City of Venice Venetian Gateway district. Sewer, water and other utilities are near the site.

Provided by: Exit Realty Gulf Coast
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Property Info

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