Catylist ID:
#30534549
Unique Infill Multifamily Development Opportunity
Vacant Land
for Sale
| Catylist Listing ID: | 30534549 |
| Property Subtypes: | Multi-Family |
| Gross Land Area: | 2.89 Acres |
| Sale Price: | $750,000 |
| Unit Price: | $259,515 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/25/2023 |
Overview / Comments
|
A unique infill multifamily development opportunity! This 2.89 acres parcel is zoned PD-MU and is entitled for 87 multi-family units. A General Development Plan has been approved by the city of Palmetto. The site is located just north of downtown Palmetto, an area that has significant demand for additional multi-family units. • 2.89 Acres • General Development Plan Approved • Excellent Location • Approved for 87 units • 4 story building • Conceptual plans available • 160 Parking Spaces |
Attachments & Media
Additional Details
| Nearest MSA: | North Port-Sarasota-Bradenton |
| County: | Manatee |
| Tax ID/APN: | 2422200159 |
| Zoning: | PD-MU |
| Property Visibility: | Excellent |
| Area Description: | Parcel located on US Business 41 just south of 26th street west |
| Zoning Description: | PD-MU |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,231 | 41,652 | 133,111 |
| Median Age: | 37.16 | 43.8 | 43.62 |
| Households: | 3,191 | 16,655 | 54,257 |
Contact
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