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This 1 and 1/3 acre property in a fabulous location less than one mile away from Nokomis Beach, offers an abundance on opportunities. The grounds are a tropical Oasis. Build your Dream Home on this remarkable property, which would be p... more.erfect for a Family Compound. The property could be easily split in two legal lots and it would create two wonderful large building lots. The Multi Family Zoning allows development with up to 8 units, with rezoning up to 12. The current owner has approved plans, designed by well known Architect Mark Sultana, DSDG Architects, for a fabulous, contemporary 8-unit condo building with pool and cabanas. These plans will be conveyed to Buyer. This location is the upcoming "Hotspot", so close to Casey Key, Downtown Venice and to Sarasota. There is an existing Tudor Style main house, a guest house with apartment above the two-car garage and a pool house, next to caged pool.