Mulit-family Devlopment Site available in Bradenton

Vacant Land for Sale
Catylist Listing ID: 30814137
Property Subtypes: Multi-Family, Retail, Other
Gross Land Area: 292,550 SF
Sale Price: See Agent
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2023

Overview / Comments

Multi-family development site located in rapidly growing west Bradenton. The site is nestled between IMG and Aqua by the Bay. Aqua by the Bay development is a 529 acre development site situated on Sarasota Bay. The development features a mixed use plan with commercial, retail, single family, multi-family, and world class neighborhood amenities. IMG is a world renown sport academy founded in 1960. It now serves as one of the largest independent producers and distributors of sports media, and serves as a venue to hundreds of sporting events, making this a heavily trafficked area.

There are a total of three parcels totaling just under 7 acres of land. The site can house 107 units as a multi-family development site as apartments, townhomes, or condominiums.

There are 2 purchase options available: The first option is the entire 7 acre project, and the second option is the 4.11 acre parcel on the South West section of the property

This property has fantastic visibility on El Conquistator. The site is within close proximity to downtown Bradenton, Sarasota and short drive to I-75. The current zoning allows for residential to be built with a future zoning of RES-16 making this a prime property for redevelopment.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 6145518053

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,169 69,793 157,475
Median Age: 52.77 46.42 44.29
Households: 2,745 32,841 68,540


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