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Affordable Housing Investment Opportunity! Unlock the potential of this low-income apartment complex, designed to provide stable rental income while serving the community's housing needs. The property offers 9 units with strong occupancy history and reliable tenant demand. Ideal for investors seeking a socially responsible opportunity with consistent cash flow. Keep it as apartments or change it to a business use....the possibilities are endless with Commercial General zoning grandfathered in as multi-family. With 100' frontage on US 41 in Venice and located directly across from Lowe's and Carrabba's, this property also offers redevelopment opportunities. This former motel complex features a main house (ideal for owner occupancy) and two 4-unit buildings. Just under 1/2 acre and not in a flood zone. Listing agent is owner. Don't miss this change to invest in a property that blends financial opportunity with social impact!
| DAYS ON MARKET | 5 | LAST UPDATED | 3/28/2025 |
|---|---|---|---|
| TRACT | ACREAGE & UNREC | YEAR BUILT | 1956 |
| COMMUNITY | 34293 - Venice | COUNTY | Sarasota |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 34293 - Venice |
| CONSTRUCTION | Block |
| LOT | 0.44 acre(s) |
| LOT DIMENSIONS | 100x190 |
| SEWER | Septic Tank |
| STORIES | 1 |
| SUBDIVISION | ACREAGE & UNREC |
| TAXES | 8639.87 |
| WATER | Private, Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Shawn Judy, FLORIDA SUN & SAND REALTY, 941-484-6764
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 4/1/25 4:43 PM PDT.
This IDX solution is (c) Diverse Solutions 2025.