Nolan Estates
Land | 6.6 acres
Marketing description
LSI Companies presents a 6.6-acre residential development site in Venice, Florida, approved for 32 single-family townhomes. The property represents the rear portion of a larger 10-acre master-planned parcel intended for mixed-use development.
The current site plan includes a residential component situated behind four professional office buildings along the front of the property. The seller plans to retain and develop the office portion while offering the residential segment for sale.
The residential plan consists of six buildings within a gated community, along with a designated amenity area. The layout is designed to support a low maintenance residential environment suitable for both full-time and seasonal occupants.
The site will be delivered pad-ready, with zoning, utilities, and water management infrastructure in place, enabling a streamlined transition to vertical construction.
Pricing guidance is $100,000 per unit.
LOCATION HIGHLIGHTS:
• 1.5± miles to I-75 (Exit 191-N River Road)
• 2± miles to I-75 (Exit 193-Jacaranda Blvd)
• 5 ± miles to Downtown Wellen Park
• 6± miles to Sarasota Memorial Hospital
Investment highlights
- 6.6± Acres
- Residential Development Site Approved for 32 Townhomes
- Future Land Use: Moderate Density Residential (MODR)
- Planned Development (RSF-4)
- Proposed Density: 32 Attached Single-Family Homes (4.85 units per acre)
- Maximum Allowed Height: 35 Feet
- All utilities available with sufficient capacity
- Water and Sewer Service provided by Sarasota County Utilities
- SWFWMD Environmental Resource Permit; Sarasota County Site Development Permit
- Located outside the flood zone (Proposed F.F.E. = 12.50')
- Cleared, Filled and pad ready with stormwater management permit in place
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