1111 AVENIDA DEL CIRCO
Venice, Florida, 34285, United States
54,496 ft²
5.15 acres
- beds
- baths
Property Provided By
- Daniel Charney
- GULF SHORES REALTY
- +1 (941) 993-4551
Connect with local buyer agents who are willing to offer commission savings!
Property Information
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 50,000 sf. with 65+ existing rooms, management offices, a full restaurant with large commercial kitchen and more. This building could be renovated to current apartments, assisted living, hotel, condos etc. 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.
Directions
Business 41 onto Venice Island south bridge. Turn left at Avenida Del Circo to property on left at 1111.
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Courtesy of GULF SHORES REALTY homesale2srq@gmail.com
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Based on information submitted to the MLS GRID as of 2024-10-10 15:17:26. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Property Provided By
- Daniel Charney
- GULF SHORES REALTY
- +1 (941) 993-4551
Connect with local buyer agents who are willing to offer commission savings!
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