Named a “Top 10 Happiest Seaside Town” by Coastal Living Magazine, Venice is located on Florida's Gulf Coast in the popular and fast-growing Sarasota County. The county has a resident population of 438,816, which increases to about 500,000 when snowbirds are in season. Resort style multifamily communities are a great option for many retirees and new families, alike and that is what Venice Isles has to offer.
Nvision Development and NM Residential, along with general contractor Winter Park Construction (WPC) completed Venice Isles, a luxurious 324-unit, 6-building apartment community located just outside the Venice city limits in unincorporated Sarasota County. In support of new growth, the area will also see two new two state-of-the-art hospitals: Sarasota Memorial Hospital is slated to open in the fall of 2021, and Venice Regional Bayfront Hospital is opening in 2022, bringing additional new residents to Venice.
Venice Isles first building opened in November of 2020, with the final of six buildings becoming available to new residents in May 2021. Venice Isles boasts a gated vehicle entrance and a clubhouse with a Lifestyle Fitness Center, a resort-style pool (with outdoor grills and lounge chairs), and a golf and sports simulator. To take advantage of the year-round warm Florida weather, Nvision incorporated as much green space as possible, including a walking trail around the central pond area and a dog park. An official grand opening and ribbon cutting event was held on May 13th. Shown here left to right front row: Austin Bustamante, Collin Hill, Michael Niederst, Melody Niederst, and Ian McCook.
Venice Isles is at 61.90% leased occupancy as of May 17, 2021.
Venice Isles is the fourth multifamily project Winter Park Construction (WPC), Nvision, and NM Residential have partnered on together. The others include Champions Vue Apartments in Davenport, Serenity at Lake Wales and Orlando’s Vale East Apartments.
About Nvision Development
Nvision Development is an Orlando based, full service Real Estate Development Company looking to ensure that our clients, projects, and partners are set up to succeed. Nvision was founded in 2006 and has been involved in almost one billion dollars in projects since inception. Currently, Nvision is developing multifamily apartments, student housing, independent living, assisted living, hotels and mixed used developments throughout Florida and Tennessee.
About WPC
Since 1974, WPC has provided general contractor, pre-construction, construction management and renovation services to Central Florida and the southeast United States. With over $200M in projects set for completion in 2020, WPC provides employment for 140+ full-time employees and thousands of subcontractor positions. With a portfolio rich in many sectors, WPC is currently working on construction projects in the senior housing, student housing, multifamily and hospitality sectors.
About NM Residential
Founded in Cleveland, Ohio, NM Residential is an owner/operator of multifamily residential projects in Ohio, Michigan, and Florida. Throughout the years, NM Residential has adapted seamlessly to everchanging market conditions through continued use of cutting-edge technology and management techniques. NM Residential has stabilized and operated a portfolio of over 10,000 units, with a current (and growing) inventory of over 1,200 units in Florida.