1220 Pinebrook RdVenice, FL 34285

Property Details for 1220 Pinebrook Rd

Lot size

2.40 AC

Zone code

PUD

Property type

Land

Property subtype

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.

• Alternative Use

  Use

  Valuation

  Residential

  $31,741,738

  Hospitality

  $29,075,262

  Educational

  $24,190,276

  Medical

  $25,022,216

  Retail

  $37,629,320

Location Insight

City

Venice

County

Sarasota

State

Florida

Latitude

27.1059

Longitude

-82.4182

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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