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Presented by
Pam Famiglietti - The Pam Famiglietti Team |
1109 TWIN LAUREL BOULEVARD, Nokomis, FL, 34275 | $4,250,000
Awesome development opportunity on 5. 91 acres next door to the WalMart and Home Depot being built. . . also close to the new Sarasota Memorial Hospital and Sarsasota County Sherriff's building as well as Publix shopping plaza and restaurants nearby. Only 4. 5 miles to Nokomis Beach or 6. 6 miles to Venice Beach. This entire parcel is Flood Zone X and has ZERO WETLANDS. Assemblage available with 2 neighbors parcels to bring it to 16. 68 acres.
Area Growth & Development Momentum
The subject property is positioned within one of the fastest-growing corridors in South Sarasota County, surrounded by substantial planned and recently delivered development that continues to transform the Laurel Road / I-75 area into a true mixed-use destination.
Immediately east of the site, a major master-planned mixed-use project is advancing on approximately 32 acres. This development is expected to introduce a full spectrum of uses including hospitality, office, retail, residential, assisted living, and self-storage—bringing new population density, employment, and daily traffic to the immediate area.
To the west, Casatta Lakes is delivering a 151-home luxury residential community, with custom new construction homes commanding prices well above $700, 000. This high-income residential base strengthens long-term demand for retail, medical, service, and lifestyle-oriented uses nearby.
Southwest of the property, a large-scale commercial mixed-use project is planned along Laurel Road, anchored by national big-box retailers including Walmart and Home Depot. This development will further solidify Laurel Road as a primary retail and commercial spine serving both local residents and regional traffic.
The area is also anchored by Sarasota Memorial Hospital, which has already completed a significant expansion and continues to invest heavily in the surrounding medical district. Current plans include a new state-of-the-art Rehabilitation Pavilion, reinforcing the corridor’s role as a regional healthcare hub and driving sustained demand for medical office, outpatient, hospitality, and supporting commercial uses.
Features
- Rooms: 4
- Bedrooms: 3
- Baths: 3 full
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
- Year Built: 1987
- Garage: Driveway
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 1,945
- Acreage: 5.91
- Est. Taxes: $5,906
- View: Trees/Woods
- Elem. School: Laurel Nokomis Elementary
- Middle School: Venice Area Middle
- High School: Venice Senior High
- Pool: In Ground
- Pet Policy: Yes
- Appliances: Disposal
- MLS#: N6133285
- Days on Market: 560 days
- Website: https://www.raveis.com
/eprop/N6133285/1109twinlaurelboulevard_nokomis_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Pam Famiglietti - The Pam Famiglietti TeamSales Associate
203.560.0753
Pam.Famiglietti@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Laurie BergerVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 12578
203.520.1925
Laurie.Berger@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Rosemarie DePasqualeInsurance Sales Director, William Raveis Insurance
203.561.0013
Rosemarie.DePasquale@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1109 TWIN LAUREL BOULEVARD, Nokomis, FL, 34275
$4,250,000
Pam Famiglietti - The Pam Famiglietti Team
Sales Associate
William Raveis Real Estate
Phone: 203.560.0753
Pam.Famiglietti@raveis.com
Laurie Berger
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.520.1925
Laurie.Berger@raveis.com
NMLS Mortgage Loan Originator ID 12578
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,400,000 | $3,400,000 | $3,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.353% | 6.121% | 6.038% |
| Monthly Tax Payment | $492 | $492 | $492 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $19,572 | $20,385 | $28,462 |
| Total Monthly Payment | $20,189 | $21,002 | $29,079 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388