Multi-family Opportunity in the Heart of Manatee County

Vacant Land for Sale
Catylist Listing ID: 29949224
Property Subtypes: Multi-Family
Gross Land Area: 6.40 Acres
Sale Price: $2,750,000
Unit Price: $429,687 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/22/2017

Overview / Comments

Ideally located with exceptional proximity to the best of Manatee County, this 6.4 +/- SF acre site is offered with a conceptual development plan for 150+/- multi-family residences. The units will enjoy surface parking close to the Manatee River, with convenient access to the major arterial roads of US 301 and US 41. This places a host of sought-after amenities within easy reach, from downtown Bradenton’s vibrant Riverwalk to bustling shops, restaurants and businesses. Riviera Dunes Marina and the Palms at Riviera Dunes, a condominium development, are also nearby. From this well-planned location, the commute to St. Petersburg, Bradenton, Sarasota and Anna Maria is convenient. Currently, the ownership is in the process of gaining conceptual site plan approval for 150 units of entitlement.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 2580010509
Area Description: 3.1 miles from I-75 to Haben Boulevard. 4.5 miles from I-275 toward St. Petersburg.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,080 66,242 173,755
Median Age: 35.23 39.34 43.99
Households: 2,633 25,317 72,921
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