VENICE, FL 34285 1111 AVENIDA DEL CIRCO

Pending
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Presented By: GULF SHORES REALTY with 941-488-6644. - 941-488-6644
  • MLS# A4500554
  • 05/12/2021
  • Request Tour
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  • SQFT • 54,496

Home Details

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.
Presented By: GULF SHORES REALTY with 941-488-6644. - 941-488-6644

Interior Features for 1111 AVENIDA DEL CIRCO

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Total Stories1

General for 1111 AVENIDA DEL CIRCO

Additional Parcels Y/NNo
Building Area Unitssquare feet
Cityvenice
Construction Materialsbrick, concrete
Coolingcentral air
Countysarasota
Directionsbusiness 41 onto venice island south bridge. turn left at avenida del circo to property on left at 1111.
Flood Zone Codex, x500
Flood Zone Code XY
Flood Zone Code X500Y
HOANo
Legal Descriptioncom at sw cor of se 1/4 of sec 18-39-19, th n 89-48 e 1750.6 ft th n 00-03 e 320.15 ft for pob th n 00-03 e 614.8 ft th s 46-44-55 e 605.06 ft th s 00-06 w 200.1 ft th n 89-57 w 100 ft th s 00-06 w 13
Living Area Unitssquare feet
Lot Size Square Feet224504
Lot Size Unitsacres
MLS Area34285 - venice
ModificationTimestamp2025-03-15t16:35:57.680z
New ConstructionNo
Ownershipcorporation
Property Subtypemixed use
Property Typecommercial sale
Standard Statuspending
Statuspending
Tax Annual Amount50867.88
Tax Lot0
Tax Year2021
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1983
Zoningrtr

Exterior for 1111 AVENIDA DEL CIRCO

Building Area Total54496
Foundation Detailsslab
Lot Size Acres5.15
Lot Size Area5.1539
Number of Buildings2
Road Frontage Typecity street
Road Surface Typeasphalt, paved

Additional Details

Price History

Andre LaFountain

Realtor / Coach
Price $7,999,900
MLS#A4500554
List Date 05/12/2021
Property Type Pending
Phone 518.569.7173
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