Land

Jacaranda Development

1160 Jacaranda Blvd Venice, Florida United States 34292

Asking Price Contact for pricing

NOI Net Operating Income N/A

Cap Rate N/A

Asking Price Contact for pricing

NOI Net Operating Income N/A

Cap Rate N/A

Documents

Confidentiality Agreement Teaser

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Attributes

Building Area

Property Description

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.

Investment Highlights

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.

Last Updated Date: 28 Jul 2020

Matt Mitchell

Senior Managing Director, Tampa Office Head

License details

FL-BK3221815

+84869421324

Zach Nolan

Senior Director, Capital Markets

License details

FL-SL3280497

+84869421324

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Last Updated Date: 28 Jul 2020