Currently, less than 20 residential properties in North Venice are listed in the MLS of Sarasota homes for sale. Additional options in new home builds, however, can be expected to be available in the medium-term as rezoning of the Villages of Milano, a project of Neal Communities, was approved June 2014 by the Venice City Council.
From residential multi-family-1, the project’s 383-acre site along Jacaranda Boulevard, between Border and Laurel roads was rezoned to a planned unit development (PUD). This rezoning paves the way for Neal’s construction of 700 single family homes and attached villas in the planned gated community.
The property had been zoned earlier for 1,840 housing units of up to three floors in height. With the PUD in effect, the developer’s plans not only downsized the home density of the new community, one of the concerns of old-time residents. Neal’s plans also reduced the project’s footprint in order to preserve much of the natural environment and protect the natural habitats of local wildlife, another issue raised by some residents in nearby communities, such as the Venetian Golf and River Club and Willow Chase.
To protect resources and open spaces, The Villages of Milano will have its homes in tight clusters. The developer has assured that out of the 123 acres of wetlands in the property, less than half of an acre will be affected by the project. As an additional measure to reduce overall environmental impact, particularly on wetlands and their buffers, the community sidewalks will be limited to just one side of the road. Neighborhood roads will also be narrow, thus reducing by 3.4 acres the concrete or impervious material to be incorporated into the community.
The Villages of Milano is one of Neal’s housing projects which followed the master-planned Grand Palm, also in Venice, where the developer started building in the latter part of 2012. Grand Palm became the first project implemented under Sarasota County’s 2050 plan, which seeks to create walkable, compact communities on rural land with a variety of housing. Close to 2,000 homes are planned for Grand Palm, the largest development so far for Neal.
This community has emerged as one of the top sellers for Neal, in fact, leading sales in April 2014 with 18 units sold out of the developer’s total 88-unit sales for the month. Only about 20 Grand Palm homes are currently in the MLS of Sarasota homes for sale, with several already having pending contracts.
One of these available residences is an affordably priced two-bedroom home with a floor area of 1,079 square feet and an asking price in the high $100s. It is one of Grand Palm’s three cottage home designs, the largest of which has a floor plan of 1,600-plus square feet and a starting price in the low $200s.
There are also sales-listed Grand Palm homes priced in the $300s and the $400s. These are three-bedroom options having floor plans ranging from 1,772 to 2,367 square feet.
SARASOTA, FLORIDA, October 7, 2019 – Property values of communities in the Sarasota-Manatee region now face lesser threat from neighborhood eyesores brought about by abandoned, foreclosed homes. Known in the real estate trade as zombie foreclosures, these properties have shrunk significantly in the region. According to an August report of ATTOM Data Solutions, abandoned […] more>>