Location: Prime of Venice, Florida
Size: 22 acres
Approved Units: 293 units
Development Stage: Shovel-ready
New Offered Price: $13.5 million
Key Highlights:
Prime Location: Situated in the vibrant heart of Venice, offering proximity to key amenities and attractions.
Development Approval: 293 units approved, being sold ready for construction, reducing time-to-market for potential investors, full plans available.
Lucrative Investment Opportunity: No approval or entitlement risk, seller lacking the infrastructure to develop, less than 5% flood zone exposure.
Strategic Design Consideration: Approved plans designed off a comprehensive rent study and insurance optimization study.
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