Updated Oct 23, 2025
Sarasota County Acquires 20-Acre Former Camp Venice RV Resort For $14 Million In Venice
4085 East Venice Avenue
$14,000,000
Building Size
—
Asset Type
Special Purpose
Closing
Oct 17, 2025
About this deal
AI
The asset involved in this transaction is a 20-acre special purpose property located at 4085 East Venice Avenue in the Venice market. Sarasota County purchased this former Camp Venice RV Resort for $14 million. The county intends to reopen the site as a riverfront campground while preserving the natural habitat along the Myakka River.
Summary of transaction details:
- Property Type: Special Purpose
- Transaction Amount: $14,000,000
- Address: 4085 East Venice Avenue
- Market: Venice
- Acres: 20
- Buyer: Sarasota County
The purchase represents the 100th acquisition under Sarasota County's Environmentally Sensitive Lands Protection Program. This initiative focuses on the preservation and protection of environmental resources in the area.
On the Map
$14,000,000
Special Purpose
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Players
Venice Special Purpose Market Snapshot
Boundary boundary · Special Purpose · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93