36.3 Acre Multi-Family Development Parcel

Vacant Land for Sale
Catylist Listing ID: 30541921
Property Subtypes: Multi-Family
Gross Land Area: 36.30 Acres
Sale Price: $2,950,000
Unit Price: $81,267 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/18/2021

Overview / Comments

Great Opportunity for a developer to build a 324 unit multi-family development strategically located in Palmetto FL, The property consists of 36.3 acres, which allows for two-story, garden style apartments. The property is convenient to the Cities of Palmetto, Bradenton and Saint Petersburg. The property is also close to I 275 & I-75 allowing quick access to multiple employment centers in the area. There is no better value for multi-family land in SW Florida.

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 2266900055
Zoning: A1
Property Visibility: Excellent
Area Description: The property is strategically located on US 41 approximately 4 miles north of downtown Palmetto

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,141 34,052 90,274
Median Age: 45.03 42.77 44.03
Households: 876 12,813 36,877


Photograph of Listing Agent

Melissa Dawn Harris

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