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Overview

0 baLand
TypeLand
HOANone listed
Lot4,411,143 sqft

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About this home

0396014400 is a home in North Venice Farms, Venice. Flood zone X,A,AE - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Venice, Florida 102-acre Ranch! This is a rare opportunity to purchase one of the few remaining large acre parcels in beautiful Sarasota County, Florida, less than 8 miles from the Gulf Beaches. Currently zoned OUE/OUR which will potentially allow for future subdivision of parcels. Loaded with potential, the future development possibilities are endless. Privacy abound, this walled and gated property has over six wells and two ponds on-site, with access to Blackburn Canal/Curry Creek and is currently being utilized as a residential livestock ranch containing a guesthouse, storage garages and a barn with 21 stables. The list of possible potential uses for this one-of-a-kind property includes an equestrian center/polo club, plant nursery and landscaping supply, animal hospital with boarding and sheltering, parks and open spaces, sporting events center, or complete the current estate home and guest houses and subdivide to create multiple homes or a large family compound. Many of these uses would support the area and compliment the newer home communities by national and local residential builders located just minutes from the property. Only a few miles from the world-class beaches of the Gulf Coast, numerous shopping and dining options close by, and a short drive to the interstate, make this location easy and convenient for all uses while still providing solitude and privacy. Ready for beautiful year-round weather and tired of high tax states? Come take advantage of the green belt tax benefits and lower costs of living with this beautiful Venice, Florida, unique opportunity.

The essentials

On market
1300 days
Annual tax
$113,268
Flood zone
X,A,AE · Low risk
Lot
4,411,143 sqft
Type
Land

At a glance

Land
Waterfront
Canal - Freshwater
101.27 acres
Lot size

Payment

Est. monthly payment
$123,742/mo
Down payment (20%)
$3,999,800
Property taxes
$9,439/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
4,411,143 sqft
Cooling
-
Heating
-
Parking
-
Waterfront
Canal - Freshwater, Pond
Days on Market
1300
Elementary
Taylor Ranch Elementary
Middle
Venice Area Middle
High
Venice Senior High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X,A,AE
Annual Tax (2022)
$113,268
Parcel #
0396014400

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
North Venice Farms
County
Sarasota
MLS Area
34292 - Venice
Lot Size
4,411,143 sqft
BuildableFlood Plain/Bottom LandIn CountyOut ParcelOversized LotPastureRoom For Pool

Price history

Date
Event
Price
3/24/2023
Listed for sale
Source: Stellar MLS #A4565154
$19,999,000

Neighborhood

0396014400
Venice, FL, 34292 · 34292 - Venice

Calculator

Est. monthly payment
$123,741/mo
Principal & interest$104,303
Property taxes$9,439
Insurance$10,000
Down payment20% · $3,999,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$19,999,000

Time on market

1300 days

Monthly payment

About $123,742/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $113,268 annual tax bill, insurance.

Flood zone

Zone X,A,AE

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Have another question?

Brokered byPREMIER SOTHEBYS INTL REALTYListing agent: Lori Carey, LLCListing data from Stellar MLS, MLS# A4565154.

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