East Laurel Road, (2 Miles E Of I-75), Nokomis, FL 34275

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East Laurel Road, (2 Miles E Of I-75) is aland property for lease in Nokomis, FL.

Property Type: Raw Land
Acreage: 295 +/- acres in 2 contiguous parcels: 186 ac (PIN 0391-00-1020) and 109 ac (PIN 0393-00-3000)
Zoning: OUE
Future Land Use: Moderate Density Residential Up to 5 Units per Acre,
and Up to 5% of the land area is allowable for non-residential (Commercial) uses.
Location: E of Jacaranda Blvd between Laurel Road (N) and Border Road (S), Venice, Sarasota County
Nearest Intersection: Jacaranda Boulevard and Laurel Road, and just 2 miles east of Laurel Road & I-75
Infrastructure: Fencing, gates and dirt roads through property
Road Frontage:
• 1,800 +/- FT on Laurel Road East (north side of property)
• 2,520 +/- FT on Border Road (south side of property)
Length of Property (N to S) from Laurel Road to Border Road: 5,165 +/- feet

City of Venice, Sarasota County - 295 Acres for Residential Development

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Uplands/Wetlands:
• 207 +/- acres uplands
• 88 +/- acres wetlands
Land Cover: Vacant land that is wooded with pines, some hardwoods, scrub palmettos and spotted with areas of wetlands.
Utilities: Water and Sewer provided by City of Venice
Nearby Amenity: Venice Myakka River Park, located off the northeast corner of property
Potential Property Amenity: A 30 foot by 620 foot land strip, that is part of this 295 acres, also accesses the Myakka River for potential development of a private amenity.
Easements: An FP&L power line crosses the north portion of the 109 acre (east) parcel running east to west (parallel to Laurel Road) for 1,800 feet +/- of a 170 foot wide easement; and a water line easement.
Taxes: $911.
Sale Price: $22,000,000.
Price per Acre: $74,576.
Price per SF: $1.71
This area of Venice in Sarasota County, Florida has realized significant property appreciation of upscale residential development. It represents one of the fastest growing and most desirable locations for residential development in the Tampa Bay region.
The development potential for this property is immediate and strong given the current marketplace. The property future land use designation of “Moderate Density Residential” offers significant value; the maximum density through the plan is 5 dwelling units per acre and up to 5% of the land area is allowable for non-residential (Commercial) uses.

A unique amenity, Venice Myakka River Park, is located just off the northeast corner of the subject property. It provides access to this winding, tropical river for family entertainment; kayaking, fishing, hiking and picnicking. A 30 foot by 620 foot land strip, that is part of this 295 acres, also accesses the Myakka River for potential development of a private amenity for residents.

City of Venice, Sarasota County - 295 Acres for Residential Development

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It is in an excellent location for an upscale residential development, as the property is bordered by two well landscaped and appointed luxury residential developments; WCI’s Venetian Golf and River Club to the north, and Neal Communities’ Villages of Milano to the west. Both provide a secure gated entrance, world class amenities and beautiful homes. A concept plan for a residential development on this 295 acre parcel is available upon request.
Arriving at the subject property from either Laurel Road East off the I-75 Interchange, or by Border Road, residents will enjoy the beautifully landscaped roadways along these neighboring developments. A Publix anchored shopping plaza and other commercial developments are located just two miles south on Jacaranda Boulevard, and west toward the city. An immediate connection to I-75, two miles to the west, and downtown Venice are just a few minutes away. The charming, palm lined downtown area of Venice, just 5 miles to the west, sits along the Gulf coastline where residents and guests enjoy first class shopping and dining.
The Venice beaches feature sugar white sand for miles along the Gulf, providing some of the world’s finest venues for swimming, boating, fishing and just plain relaxing. The nearby Venice community hosts numerous marinas, golf courses and other attractions.

Two miles to the west on Laurel Road is an intersection link to I-75, a major north/south corridor along Florida’s Gulf Coast. The Cities of Sarasota, a half hour north, and Tampa about ninety minutes, offer major city amenities and services; universities, museums, professional sports, sea ports, international airports and the performing arts. Venice, Sarasota and Tampa all have a vibrant and growing business community.

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