Assisted Living Development Opportunity
PRIME ALF Development Location
Marketing description
• Fully entitled senior housing development site in Venice, Florida
• Senior Housing w/ Shared Dining Options
• Suitable for 200+/- Residents in a flexible concept for older adults (55+).
• Strong proximity to Sarasota Memorial Hospital newly constructed campus.
• Approximately 2.4 acres, rectangular, level, buildable.
• No rezoning, waivers, or planning approvals required.
• Entitlements do not expire.
• Offsite stormwater is permitted under the existing framework.
Zoned Planned Unit Development (PUD)
Investment highlights
This is an exceptional opportunity to acquire a fully entitled 2.4-acre senior housing development site in Venice, Florida. A purpose-built opportunity for a senior living, assisted living, nursing care, or home-for-the-aged project already positioned for development within an established PUD framework.
The property is a specialized development site with entitlement certainty, no rezoning required and no further land-use approvals. Stormwater is offsite, creating a cleaner and more efficient development path. The site is well suited for a no-kitchen resident model with centralized dining, operational support areas, and efficient internal circulation.
Located near Sarasota Memorial Hospital, close to parks, medical services, and the broader Venice amenity base, the property offers the kind of location senior housing values. The current concept supports approximately 200 beds, with parking, loading and service access integrated into a practical site layout.
This is a strong opportunity for an operator, developer, or investor seeking land in a high-demand senior housing market with entitlement certainty and a clear execution path.
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