PUD ENTITLED 360 UNITS · 5 STORY MAX
City of Venice, FL  ·  PUD Zoning  ·  16.44 Acres

Entitled for 360 senior living units, five minutes from the hospital.

A fully entitled 16.44-acre PUD site on Vistera Blvd in Venice, Florida — cleared of rezoning risk and positioned less than five minutes from Sarasota Memorial Hospital's Venice campus.

Asking Price
$18,500,000
Site Address
XX Vistera Blvd, Venice, FL
16.44
Acres
360
Entitled Units (Max)
5 / 65'
Stories / Height Max
PUD
Zoning — Recently Approved
< 5 Min
To SMH – Venice Campus
The Opportunity

From raw land to a realized vision

Drag the slider to see the site as it stands today against the conceptual build-out it's entitled for — the entitlement work is done; the vision is ready to execute.

The site today, undeveloped, aerial photo Conceptual rendering of the completed development
TODAY
CONCEPTUAL BUILD-OUT
DRAG TO COMPARE — SITE PHOTOGRAPHY (LEFT) VS. CONCEPTUAL RENDERING (RIGHT)
The Investment Thesis

Why this site, why now

0

Entitlement risk

The rezoning and PUD approval process is complete. A buyer steps into a shovel-ready program for independent living, assisted living, and memory care — not a multi-year approval process.

<5 min

To a growing hospital campus

Sarasota Memorial Hospital's Venice campus sits minutes away on Laurel Road East — a 65-acre, purpose-built medical campus that has been expanding since it opened, including an ongoing bed tower addition.

I-75

Regional access

Direct proximity to the six-lane I-75 interchange corridor connects the site to Sarasota, North Port, and the broader Gulf Coast senior housing market.

Location & Context

Laurel Road East, North Venice

The site sits within the Gulf Coast Commerce/Corridor Framework (GCCF) PUD area of North Venice, surrounded by a mix of approved and entitled residential, multifamily, and mixed-use projects — a corridor the City has clearly positioned for growth.

It's a rare combination for this size of parcel: full entitlements in hand, walking distance to nothing objectionable, and immediate access to both the region's newest hospital campus and the interstate.

  • < 5 min Sarasota Memorial Hospital – Venice Campus (Laurel & Pinebrook)
  • Adjacent I-75 six-lane interchange corridor
  • Nearby Toscana Isles, Milano, Willow Chase & Palencia PUDs

Beyond the hospital and the interstate, the site is a short drive from Venice Beach and Nokomis Beach, the Legacy Trail, Venice Theatre, Historic Downtown Venice, and a range of local churches and community centers — the kind of everyday draws that matter to residents' families as much as to residents themselves.

Aerial drone photo of the site today with Sarasota Memorial Hospital Venice Campus and I-75 labeled
Aerial photo — the parcel, Sarasota Memorial Hospital, and I-75 in one frame
The Entitlement

What's approved, and what it allows

Zoning
PUD, City of Venice — rezoning recently completed
Program Allowed
Independent living, assisted living & memory care
Maximum Units
Up to 360 units
Height / Stories
Up to 5 stories / 65 ft.
Site Area
16.44 acres

Kimley-Horn has prepared conceptual site plan studies illustrating how the site could accommodate the program — including an assisted living / memory care layout and an alternative configuration. Both are conceptual only; final unit count and mix remain flexible within the entitlement and subject to a buyer's own program.

Property summary: This 16.44-acre assisted living and memory care development site is located at XX Vistera Blvd in Venice, Florida, within Sarasota County. The property is zoned PUD (Planned Unit Development) by the City of Venice and is fully entitled for up to 360 units of independent living, assisted living, and memory care, at a maximum of 5 stories. The site is located less than five minutes from Sarasota Memorial Hospital's Venice campus and offers direct access to Interstate 75, serving the greater Sarasota-Manatee and Venice, FL senior housing market. Offered at $18,500,000 by Ian Black Real Estate.

Get The Offering Memorandum

Serious inquiries only — the full package is available on request.

The complete Offering Memorandum includes the entitlement package, conceptual site plans, market and demographic data, and full site documentation.

Request the OM →
Cameron Wilson, CCIM
Ian Black Real Estate
Steve Horn, CCIM
Ian Black Real Estate