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Redevelopment opportunity. Collect rent while planning. Former motel (8 units and house) with 100' frontage on US 41 in Venice. Located directly across from Lowe's and Carrabba's and one door down from Tommy's Car Wash and 5 Minute Oil Change. Zoned CG, but currently grandfathered as multi-family. Units are 100% occupied and have an extremely low vacancy rate. Property is just under 1/2 acre and is not in a flood zone. There are 3 buildings: a main house built in 1956, one 4-unit building built in 1956 and one 4-unit building built in 1971. Currently on well and septic, but county water and sewer were recently brought nearby. Units are very small (under 300sf) and do not have full kitchens as it was originally a motel. Since the zoning no longer allows this use, additions to the buildings will not be allowed. They can be refurbished, but not rebuilt. Proposed site plan and survey attached. Demolition quote is on file and available upon request.

Property Details of 1746 S Tamiami Trail

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Listed by Shawn Judy of FLORIDA SUN & SAND REALTY

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Based on information submitted to StellarMLS as of November 29, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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