🏢 Exclusive Investment Opportunity in Venice, FL – $59,999,990
 

Unlock the potential of this multi-million-dollar, income-generating property in one of Florida’s fastest-growing coastal cities. Located at 2901 Jacaranda Boulevard, Venice, FL 34293, this premier commercial real estate offering spans over 173,653 sq ft and sits on 12.6 acres, with 5 cleared acres ready for vertical expansion or high-rise multifamily development.

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🔹 Current CAP Rate: Approx. 6%
🔹 Potential Gross Annual Income: Nearly $4 Million
🔹 Based On Vacancy Rate: ~23.5% – Immediate Upside Potential
🔹 Zoned for Multifamily Use – Extension or New Construction Possible
🔹 Built in 2013 | Solid Block Construction | Central Air
🔹 Includes Modern Appliances (Dishwashers, Washers/Dryers, Microwaves, Fridges)
🔹 Public Sewer & Electric | 3+ Story Structures

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This property presents an ideal acquisition for investors looking to scale their portfolio with a stabilized income stream and value-add development potential. The cleared acreage offers a blank canvas for luxury rentals, affordable housing, or high-demand senior living, with infrastructure already in place.

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📍Prime Sarasota County Location – Minutes to Gulf beaches, I-75 access, and surrounded by shopping, healthcare, and schools.

🔥 Opportunities Like This Are Rare

Contact Realtor Kevin Farfan with Coldwell Banker Realty today at 813-784-7139 to schedule a private showing or receive a full investor packet.