1220 Pinebrook Rd Venice, FL 34285-6421
- Commercial land
- 2.40 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1220 Pinebrook Rd
- Lot size
- 2.40 lot acres
- Zone code
- PUD
- Property type
- Commercial land
- APN
- 0409-08-0042
- APU
- 409080042
Description
Exceptional 104,544 square foot development land in Venice, Florida, presents a unique opportunity. Zoned Planned Unit Development (PUD), this site allows for the construction of up to 110 units in a nine-story Assisted Living Facility (ALF), as per existing approvals. Conceptual plans are also available for a single-story, 19,168 square foot office building. The property boasts a highly desirable location, strategically situated between the bustling retail corridor of Venice Avenue East and the new Sarasota Memorial Hospital campus, further enhanced by its proximity to significant residential and commercial developments along Laurel Road. The asking price is $1,350,000. The property's APN is 0409080042. This infill location offers exceptional potential for a high-return investment. The lease expired on November 30, 2022, and the property is now available for immediate development. This is a rare opportunity to acquire a well-positioned site in a thriving area of Sarasota County. The property's address is 1220 Pinebrook Rd, Venice, FL 34285.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Venice
- County
- Sarasota
- State
- Florida
- Longitude
- -82.4182
- Latitude
- 27.1059
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
