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308-630 Briarwood Rd - Briarwood Portfolio 57,132 SF Specialty Building Offered at $15,829,733 CAD in Venice, FL 34293
INVESTMENT HIGHLIGHTS
- 52-Unit Residential Community Located in Venice, Florida
- Individually Metered for Water and Sewer, Allowing for Direct Tenant Billing
- Prime Venice Location Just Minutes Away from U.S. Highway 41 and I-75, Offering Excellent Regional Connectivity
- All Units Feature Two- or Three-Bedroom Floor Plans, Averaging 825 Square Feet
- Value-Add Potential through Renovating the Remaining 30% of Unrenovated/Partial Renovated Units
- Close Proximity to Gulf Beaches, Including Venice Beach and Manasota Key, Less than 15-Minutes Away
EXECUTIVE SUMMARY
Briarwood Portfolio presents a compelling investment opportunity in the heart of Venice, Florida, consisting of 52 residential units with a desirable mix of two- and three-bedroom floor plans averaging 825 square feet. This well-positioned asset has benefited from over $2.1 million in recent capital improvements, including exterior painting, electrical system upgrades, landscaping, some new roofs, and selective interior renovations. Each unit is individually metered for water and sewer, supporting efficient operational management and direct tenant utility billing. A newly introduced monthly lawn care and HVAC maintenance program further enhances the property's appeal and long-term value.
With approximately 30% of the units still offering value-add potential through renovation, investors can capture upside by completing interior upgrades. The property is ideally located just minutes from U.S. Highway 41 and I-75, providing excellent regional access and proximity to the Gulf Coast’s most attractive beaches like Venice Beach and Manasota Key. Residents enjoy convenient access to major retailers such as Publix, Walmart, and Venice Plaza, all within a short drive. The area is supported by a strong employment base, including Sarasota Memorial Hospital – Venice Campus, Sarasota County Schools, and more, making the Briarwood Portfolio a strategically positioned asset with both stability and growth potential.
With approximately 30% of the units still offering value-add potential through renovation, investors can capture upside by completing interior upgrades. The property is ideally located just minutes from U.S. Highway 41 and I-75, providing excellent regional access and proximity to the Gulf Coast’s most attractive beaches like Venice Beach and Manasota Key. Residents enjoy convenient access to major retailers such as Publix, Walmart, and Venice Plaza, all within a short drive. The area is supported by a strong employment base, including Sarasota Memorial Hospital – Venice Campus, Sarasota County Schools, and more, making the Briarwood Portfolio a strategically positioned asset with both stability and growth potential.
PROPERTY FACTS
| Price | $15,829,733 CAD | Building Class | C |
| Price Per SF | $369.03 CAD | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 42,895 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Residential Income | Year Built | 1973 |
| Zoning | RMF1 | ||
| Price | $15,829,733 CAD |
| Price Per SF | $369.03 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 42,895 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Zoning | RMF1 |
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308-630 Briarwood Rd - Briarwood Portfolio
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