Zoned RE-1/PUD, the property is entitled for up to 170,000 square feet and 119 assisted living units, making it an ideal location for senior housing or healthcare-related development. Its strategic position along a major corridor ensures excellent visibility and connectivity, with an average daily traffic count of 32,500 vehicles. The site benefits from proximity to established neighborhoods, new residential growth, and the Sarasota Memorial Hospital–Venice Campus, providing convenient access for future residents and staff. Located just south of SR 776, the property offers seamless access to downtown Venice, Wellen Park, and Englewood. Surrounding amenities include retail centers, dining, and recreational options, enhancing the appeal for future development. With entitlements in place and strong demographic trends, this property represents a rare investment opportunity in a thriving region.