Komunikaty PR

Historic 1925 Venice Apartment Buildings Sold for $4.07 Million to Private Investor

2025-04-10  |  00:00
Axel de Chevron Villette, Tracy de Chevron Villette, Venice, Sarasota

ROSEHILL APARTMENTS - 504 ARMADA RD

Axel de Chevron Villette, Sarasota

ROSEHILL APARTMENTS - FRONT VIEW - 504 ARMADA RD

AXEL DE CHEVRON VILLETTE AND TRACY DE CHEVRON VILLETTE in VENICE, ITALY

The owners, Axel de Chevron Villette with his wife Tracy de Chevron Villette

Axel de Chevron Villette restored 1925 Venice apartments after saving them from demolition; sold for $4.07M as preserved Mediterranean Revival gems.

Axel de Chevron Villette, who led the restoration, emphasized the importance of preserving the city's architectural legacy: “We saw a chance to bring a piece of Venice’s history back to life"”
— Axel de Chevron Villette
VENICE, FLORIDA, FL, UNITED STATES, April 10, 2025 /EINPresswire.com/ -- Historic 1925 Venice Apartment Buildings Sold for $4.07 Million to Private Investor

Three iconic Mediterranean Revival apartment buildings in Venice, Florida — all originally constructed in 1925 — have been sold for $4.07 million in a transaction that highlights both the city’s rich architectural heritage and its continued appeal to preservation-minded investors.

The properties, located at 504, 508, and 512 Armada Road South, are situated within the Armada Road Multi-Family District, a protected historic area just steps from downtown Venice. This district, added to the National Register of Historic Places in 1989, showcases the city’s commitment to preserving its unique blend of history, design, and thoughtful urban planning.

According to the historic designation documents submitted to the U.S. Department of the Interior, the district consists of seven two-story apartment buildings constructed between 1925 and 1927. All were built by M.G. Worrell, a developer from Tampa working on behalf of the Brotherhood of Locomotive Engineers, the labor union that played a key role in developing early Venice. These buildings were part of city planner John Nolen’s visionary 1925 master plan, which prioritized walkability, aesthetic harmony, and access to affordable rental housing for working- and middle-class families.

The recent sale was brokered by commercial real estate firm Marcus & Millichap, which described the buyer and seller only as private investors. However, Sarasota County property records list the previous owners as Axel de Chevron Villette and his wife, Tracy de Chevron Villette, who purchased the three-building portfolio in 2012 for $630,000.

At the time of their purchase, one of the buildings stood vacant and had deteriorated significantly. In 2013, the couple initially applied for a demolition permit due to safety and structural concerns. But after researching the property’s historical significance, they chose a different path. In 2015, they completed a meticulous restoration of the building, preserving its original Mediterranean Revival character — including arched doorways, red clay tile roofs, stucco finishes, and decorative ironwork.

Axel de Chevron Villette, a former investment banker and aerospace engineer with a deep passion for architecture and history, played a leading role in the project. Drawing on his experience in real estate investing and a personal commitment to community revitalization, he ensured that the renovation was conducted to historical preservation standards, protecting the building's legacy while making it livable and energy-efficient for modern tenants.

“This project was about more than restoring a building — it was about honoring Venice’s original vision as a city where quality design was accessible to everyone,” said de Chevron Villette. “We wanted to preserve not just the structure, but the story behind it.”

The properties remain emblematic of John Nolen’s belief that beauty and function should coexist in all levels of housing — a principle that has guided Venice’s development since its founding.

Marcus & Millichap noted that the buyer — whose name has not yet been made public — “recognized the opportunity to expand their local portfolio while providing a unique and historic living option to renters in the area through operational and physical improvements.” While specific plans have not been disclosed, the new owner is expected to maintain the historic character of the buildings while making select enhancements.

The sale is a testament to the enduring appeal of Venice’s historic neighborhoods — places where visionaries like Nolen, Worrell, and more recently, Axel de Chevron Villette, have contributed to the preservation of Florida’s architectural heritage for future generations.

Axel de Chevron Villette
The Clever Rental
+1 941-726-2811
email us here
Visit us on social media:
Facebook
X
LinkedIn
Instagram

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Newseria nie ponosi odpowiedzialności za treści oraz inne materiały (np. infografiki, zdjęcia) przekazywane w „Biurze Prasowym”, których autorami są zarejestrowani użytkownicy tacy jak agencje PR, firmy czy instytucje państwowe.
Ostatnio dodane
komunikaty PR z wybranej przez Ciebie kategorii
EIN Newswire BRAK ZDJĘCIA
2025-07-22 | 00:55:04

MustWants Launches in Colorado, Empowering Military Families with Trusted Relocation Support and Veteran-Led Expertise

Find your Next Home in Colorado SpringsKim Van Horn, Milspouse and Vetted Agent in ColoradoMustWants, a patented home search platform created specifically for military and veteran families, has officially expanded into Colorado.MustWants is more
EIN Newswire BRAK ZDJĘCIA
2025-07-22 | 00:55:04

Survival, Memories, and Miracles Intertwine in Poignant Debut Novel by Tilly Grey

"The Power of Rain” offers a moving tale of resilience, friendship, and the unexpected bonds that shape us SAN FRANCISCO, CA, UNITED STATES, July 21, 2025 /EINPresswire.com/ -- Debut novelist Tilly Grey invites readers into a deeply human
EIN Newswire BRAK ZDJĘCIA
2025-07-22 | 00:55:04

New U.S. Housing Policies May Boost Foreclosures & Investment Opportunities in 2025

ForeclosureListings.comForeclosures For SaleFederal housing reforms could boost inventory and affordability—ForeclosureListings.com highlights rising markets and new opportunities for 2025 buyers. MIAMI, FL, UNITED STATES, July 21, 2025

Kalendarium

Więcej ważnych informacji

Jedynka Newserii

Jedynka Newserii

Kongres Profesjonalistów Public Relations

Konsument

Handel

Zbliża się szczyt UE–Chiny. Głównym tematem spotkania będzie polityka handlowa, w tym cła

Unia Europejska i Chiny odpowiadają łącznie za niemal 30 proc. światowego handlu, ale Europa wciąż ma ogromny deficyt handlowy w wymianie z Państwem Środka. Ostatnio relacje między Pekinem a Brukselą były pełne napięć, choćby w kwestii europejskich ceł na elektryki, chińskich ograniczeń eksportu metali ziem rzadkich, czy braku równowagi w dostępie do rynków. Szczyt UE–Chiny odbędzie się ponad półtora roku po poprzednim.

Polityka

Dane statystyczne pomogą przyspieszyć rozwój turystyki. Posłużą również do promocji turystycznej Polski

Główny Urząd Statystyczny we współpracy z resortem turystyki buduje nowoczesny portal analityczny Turystyka+. To interaktywne narzędzie, które umożliwia śledzenie zmian i porównywanie danych. Celem projektu jest wsparcie rozwoju turystyki na wielu poziomach – nie tylko krajowym, ale również lokalnym i regionalnym. Ma on być pomocny zarówno w podejmowaniu decyzji politycznych dotyczących infrastruktury turystycznej, jak i dla przedsiębiorców, co ma się przełożyć na rozwój sektora i gospodarki.

Partner serwisu

Instytut Monitorowania Mediów

Szkolenia

Akademia Newserii

Akademia Newserii to projekt, w ramach którego najlepsi polscy dziennikarze biznesowi, giełdowi oraz lifestylowi, a  także szkoleniowcy z wieloletnim doświadczeniem dzielą się swoją wiedzą nt. pracy z mediami.