By signing in, you agree with: Terms & Conditions, Privacy Policy and Copyright



The subject property consists of 15 +/- acres spread across four tax ID parcels in Venice, FL. The property contiguous to the north is a planned development for Sarasota Memorial Hospital Laurel Road Campus, which is a 315,000 +/- SF medical center and broke ground in the beginning of 2019. The growth rate within a 2 mile radius of the subject is growing 46.8% faster than Sarasota County.
We believe that the highest and best use for this property would be to rezone for RM-2 (9 units per acre) and developed as a residential, townhome, or apartment project.
Highlights
15 Acres
Current Zoning: Residential Multi-Family (RMF-1)
Taxes: $9,821.61 (2019)
Traffic Count: 15,600 cars/day on Laurel Rd.
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 2,860 | 29,388 | 74,602 | |
| Population Median Age | 58 | 59 | 58 | |
| Population by Age | 0-9 Yrs | 77 (2%) | 1046 (3%) | 3132 (4%) |
| 10-19 Yrs | 328 (11%) | 1984 (6%) | 4805 (6%) | |
| 20-29 Yrs | 112 (3%) | 1807 (6%) | 4501 (6%) | |
| 30-39 Yrs | 104 (3%) | 961 (3%) | 2921 (3%) | |
| 40-49 Yrs | 239 (8%) | 2137 (7%) | 5408 (7%) | |
| 50-59 Yrs | 224 (7%) | 3353 (11%) | 9449 (12%) | |
| 60-69 Yrs | 597 (20%) | 6385 (21%) | 16730 (22%) | |
| 70+ Yrs | 1179 (41%) | 11715 (39%) | 27656 (37%) | |
| Median HH Income | $62,584 | $57,562 | $62,667 | |
| Total Household Income | < 24K | 239 (17%) | 2727 (18%) | 6244 (16%) |
| 25-49K | 295 (21%) | 3603 (24%) | 8349 (22%) | |
| 50-74K | 239 (17%) | 2870 (19%) | 6942 (18%) | |
| 75-99K | 196 (14%) | 1909 (13%) | 4579 (12%) | |
| 100-199K | 338 (24%) | 2845 (19%) | 7717 (20%) | |
| 200K+ | 54 (3%) | 678 (4%) | 2931 (7%) | |
| Highest Education Level | No Diploma | 139 | 1242 | 2876 |
| Diploma or GED | 607 | 7737 | 17798 | |
| Some College | 501 | 4897 | 12272 | |
| Assoc. Degree | 203 | 2460 | 6113 | |
| Bachelors Degree | 478 | 5424 | 14872 | |
| Higher Degree | 442 | 3518 | 10246 | |
| Total Housing Units | 1,573 | 18,830 | 51,220 | |
| --Owner-Occupied | 1,085 | 11,539 | 29,363 | |
| --Renter-Occupied | 276 | 3,093 | 7,399 | |
| Owner-Occupied Values | < 100K | 113 | 2538 | 3858 |
| 100-199K | 241 | 2408 | 5579 | |
| 200-299K | 236 | 2374 | 6569 | |
| 300-399K | 273 | 1765 | 5564 | |
| 400-499K | 130 | 1244 | 3096 | |
| 500K+ | 91 | 1210 | 4696 | |
| Total Working Age Population | 2,588 | 27,431 | 68,950 | |
| In Work Force | 915 | 10,126 | 26,161 | |
| Not In Work Force | 1,674 | 17,306 | 42,789 | |
| Workforce Employed | 892 | 9,529 | 24,805 | |
| Workforce Unemployed | 23 | 596 | 1,356 | |
| Civlian Workforce | 915 | 10,126 | 26,161 | |
| Military Workforce | 0 | 0 | 0 | |
| Total Households | 1,361 | 14,632 | 36,762 | |
| Family Households | 858 | 8,433 | 21,828 | |
| Non-Family Households | 503 | 6,199 | 14,934 | |
| Married Couple | 759 | 7,214 | 18,988 | |
| Other Family | 99 | 1,219 | 2,839 | |
| Married w/Child | 56 | 590 | 1,957 | |
| Single Male w/Child | 41 | 185 | 316 | |
| Single Female w/Child | 34 | 258 | 639 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Florida | 15,982,378 | +18 | 18,801,310 | +14 | 21,517,610 | +13 | 24,340,457 |
| Sarasota County | 325,957 | +16 | 379,448 | +14 | 431,147 | +12 | 484,314 |