Active

$4,725,000

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 1560 sq ft
Overview
  • ID: MFRA4648706
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 1560 sq ft
Property Details
Remarks
Don’t miss out on this prime development opportunity! Now available are 6.9 acres in the heart of the Lakewood Ranch Expansion. This agriculturally zoned property presents an exceptional opportunity for residential or commercial development, ideally situated in one of the most rapidly expanding areas on Florida’s Gulf Coast. Located just over 6 miles from the SR 64 exit off I-75 and less than a quarter mile west of the Uihlein Road and SR 64 intersection, this property is directly in the path of Lakewood Ranch’s newest growth corridor. The parcel is entirely within Flood Zone X, making it high and dry—an increasingly rare find in this area. Included on the property is a 3-bedroom, 2-bath single-family home that could serve as a primary residence, rental, or interim use while planning future development. The roof on the home was replaced in 2022. Uihlein Road serves as a main access route into the latest residential expansions of Lakewood Ranch, offering direct connectivity to thriving new communities such as Esplanade at Azario, Star Farms, Cresswind, Sweetwater, Lorraine Lakes, and Lakewood National Golf Club. Just west of several new construction neighborhoods including Marisol, Palm Grove, and the luxury Alton Lakewood apartments, this location is surrounded by both current and planned development activity. In addition to residential growth, the area is slated for new commercial hubs, including a Publix shopping center and other retail destinations that will further enhance the area's desirability and accessibility. With its unbeatable location, development-friendly conditions, and placement at the center of a high-demand growth area, this property offers significant long-term potential for rezoning opportunities and will interest investors, developers, or those seeking a strategic opportunity in East Manatee County.
Financial Considerations
Price:
$4,725,000
HOA Fee:
N/A
Tax Amount:
$2329.45
Price per SqFt:
$3028.85
Tax Legal Description:
COM 50 FT N & 25 FT E OF THE SW COR OF THE E 1/2 OF SW1/4; TH S 89 DEG 31 MIN E ALG THE N R/W OF SR 64, A DIST OF 600 FT FOR THE POB; TH S 89 DEG 31 MIN E ALG SD N R/W LN A DIST OF 395.11 FT; TH N 0 DEG 22 MIN 35 SEC E PARALLEL TO THE E LN OF THE E 1 /2 OF SW1/4 OF SD SEC 35, A DIST OF 762.3 FT; TH N 89 DEG 31 MIN W, 393.39 FT; TH S 0 DEG 29 MIN 50 SEC W PARALLEL TO THE
Exterior Features
Lot Size:
300564
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Refrigerator
Furnished:
No
Floor:
Ceramic Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1981
Construction Type:
Block
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    16305 E STATE ROAD 64
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