Rare 1.47-acre waterfront development site on Palma Sola Bay with direct water access and potential for 9 boat slips. Zoned R-3 (High-Density Multi-Family), allowing up to 22 units by right with a possible path to 29 units at a maximum height of 45 feet (3–4 stories). Prime location minutes to Anna Maria Island, Robinson Preserve, and Downtown Bradenton. Excellent visibility along Manatee Avenue West, offering one of the few remaining opportunities to develop new luxury residences in this corridor. Full Offering Memorandum available upon request.
Financial Considerations
Price:
$6,750,000
HOA Fee:
N/A
Tax Amount:
$1978
Price per SqFt:
$105.41
Tax Legal Description:
COM AT THE NE COR OF NE1/4 OF SE1/4 OF SEC 26, AS SHOWN ON PLAT OF FLAMINGO CAY; TH S 00 DEG 06 MIN 00 SEC W, 1333.30 FT TO THE C/L OF S.R. 64 (200 FT WIDE); TH S 89 DEG 24 MIN 20 SEC E, ALG SD C/L, A DIST OF 205.00 FT; TH S 09 DEG 21 MIN 26 SEC W, 1 01.18 FT TO THE SLY R/W LN OF SD SR 64; TH N 89 DEG 24 MIN 20 SEC W, ALG SD R/W LN, A DIST OF 314.00 FT FOR A POB;