Rare opportunity to purchase 48 three bedroom two bath condos approximately 1500 sqft per unit on a ,4.2 acre site and a clubhouse and community pool on Venice Island in Venice Florida.Close to the beach and downtown Venice.Being sold as a package.A 48 unit complex generating $8000 income per month brings in $384,000 per month $4.6 million annually in gross potential rent.With a cap rate of 5.5 to 6% its estimated value ranges between $65 to $78 million using stand based valuation methods.