Currently zoned RMF1 (Residential, Multifamily), the site allows for 6 units per acre, giving a developer the ability to deliver a sprawling, low-density community that will be unparalleled in the region. With convenient access to white-collar employment, world-famous beaches, and Sarasota County’s endless entertainment options and outdoor activities, 1000 Jacaranda represents an idyllic, country club-focused setting and an ideal opportunity to capitalize on the region’s unprecedented growth and transformation.
Holliday Fenoglio Fowler, L.P. (“HFF”) is pleased to exclusively offer an exceptional investment opportunity to acquire 1000 Jacaranda (the “Property” or “Site”), a prime +/- 88-acre in-fill development site situated in beautiful Venice, Florida, located within one of America’s fastest growing MSAs. The Venice area is home to the corporate headquarters of both Tervis Tumbler and PGT, the new spring training venue for the Atlanta Braves in CoolToday Park, beautiful white sand beaches, and the new Sarasota Memorial Hospital - Venice, expected to open in the Fall of 2021. The Site is conveniently located near the intersection of Jacaranda Boulevard and Center Road (combined 31,500 vehicles/day), between the posh Pelican Pointe and Venice Golf and Country Clubs and within minutes of three additional country clubs in Jacaranda West, Plantation, and Capri Isles. More than 83,000 residents live within a 5-mile radius of the site, with an average household income of $85,000.