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    1111 Avenida Del Circo

    Venice, FL 34285
    • $7,999,900
    • STATUS: Active
    • ON SITE: 37 days
    • MLS #: A4500554
    UPDATED: 64 min ago
    $7,999,900
    • 0
      BEDS
    • 5.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 54,496
      SQFT
    • $147
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1983
    County:
    Area:

    School Ratings & Info

    Description

    EXCEPTIONAL DEVELOPMENT OPPORTUNITY on the Island in Venice, Florida. LAND & BUILDINGS! This is one of the last, largest and best pieces of available land on the island. This popular destination is home to a private airport, marina, beautiful beaches and beachfront properties and a charming downtown area with local restaurants and shops. This property consists of approx. 5.15 acres located in the heart of it all with easy access off the south bridge to Hwy-41 (Tamiami Trail). Currently zoned RTR Resort residential, previous plans proposed for up to 165 units in a combination of short-term and extended stay hotel/resort/and restaurant. A rezoning to RMF4 indicates 18 units per acre density for luxury condos which are in high demand on the island. Under either buildout scenario upper floors would showcase stunning sunsets over the Gulf of Mexico! Property encompasses 1111 and 1225 Avenida Del Circo and included in the purchase is a beautiful Professional Building with a long established dermatology center. At buyer's discretion tenants are happy to stay and annual income in the range of $120,000 per year can be expected. Alternatively, this building would accommodate a very nice sales center, amenities center and more. The second existing building offers approximately 65+ existing rooms plus a banquet area. This rare opportunity is the first time to market in almost 40 years. This property is ready for your dream...build it and they will come.

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    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-06-19T09:40:35.547.
    www.theduncanduo.com/homes/117090937
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    1111 Avenida Del Circo Venice, FL 34285

    • Price: $7,999,900
    • Status: Active
    • Updated: 64 min ago
    • MLS #: A4500554
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5.15
    Acres
    54,496
    SQFT
    $147
    $/SQFT
    1983
    Built
    Neighborhood:
    Venice
    County:
    Sarasota
    Area:
    Venice
    Property Description
    EXCEPTIONAL DEVELOPMENT OPPORTUNITY on the Island in Venice, Florida. LAND & BUILDINGS! This is one of the last, largest and best pieces of available land on the island. This popular destination is home to a private airport, marina, beautiful beaches and beachfront properties and a charming downtown area with local restaurants and shops. This property consists of approx. 5.15 acres located in the heart of it all with easy access off the south bridge to Hwy-41 (Tamiami Trail). Currently zoned RTR Resort residential, previous plans proposed for up to 165 units in a combination of short-term and extended stay hotel/resort/and restaurant. A rezoning to RMF4 indicates 18 units per acre density for luxury condos which are in high demand on the island. Under either buildout scenario upper floors would showcase stunning sunsets over the Gulf of Mexico! Property encompasses 1111 and 1225 Avenida Del Circo and included in the purchase is a beautiful Professional Building with a long established dermatology center. At buyer's discretion tenants are happy to stay and annual income in the range of $120,000 per year can be expected. Alternatively, this building would accommodate a very nice sales center, amenities center and more. The second existing building offers approximately 65+ existing rooms plus a banquet area. This rare opportunity is the first time to market in almost 40 years. This property is ready for your dream...build it and they will come.
    Exterior Features

    Construction Materials BrickConcrete Foundation Details Slab Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Central Air Stories Total 1

    Property Features

    Additional Parcels Yn No Flood Zone Code XX500 New Construction Yn No Property Sub Type Mixed Use Special Listing Conditions None Tax Annual Amount 39278.70 Tax Year 2020 Total Num Buildings 2 Zoning Rtr


    Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Gulf Shores Realty.



    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-06-19T09:40:35.547.
     
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