Hello Ani,
I hate to put it this way but the Venetian Golf and River Club is "too big to fail". The amenities this community offers are in place; its golf course received a 2008-2009 award for "Best Places to Play" so it's alive and well.
There are wonderful home buys and, when the market stabilizes, so will this community. It's a matter of personal preference. Sarasota County has many wonderful communities that satisfy needs and wants of just about anyone. What are yours? Let me know.

Theresa Brown
Michael Saunders & Company
Cell: 941-350-5005
theresabrown@michaelsaunders.com

Hi, Ani,
Venitian Golf and River Club is a lovely Community and there are some great buys in there (they will re-group and once again be a strong community). There are however, other well established lovely communities with similiar amenities troughout Sarasota County. If there is anything I could help you with further, please let me know.
A friend in the business,
Kim : )
Kimberlie Slade, SRES, PMN, TRC
Seniors Real Estate Specialist
Women's Council of Realtors
2006 & 2007 Past Venice Chapter President
2008 Chapter Mentor of the Year
2007 WCR National & Florida State Chapter of the Year
2007 WCR Chapter Business Women of the Year
2008 & 2009 FIVE STAR AGENT "Best in Client Satisfaction"
2008 Top Producer
Corin Bay Real Estate, Marketing and Sales, Inc.
Kim@KimSlade.com
941-468-9843

They have come out of bankruptcy and therefore that should not be an issue. However, we have many other choices for new construction if you are interested.