Multi-family residential or mixed use Redevelopment Opportunity

Vacant Land for Sale
Catylist Listing ID: 30821170
Property Subtypes: Multi-Family, Office, Retail, Other
Gross Land Area: 12,900 SF
Sale Price: $299,999
Unit Price: $23.26 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/10/2022

Overview / Comments

ZONING DISTRICT:

Located in the City of Bradenton and zoned T-5; Urban Center identifies areas of high density mixed-use building that accommodate retail, office, rowhouses and apartments. Typical building height three to five stories.

FUTURE LAND USE DESIGNATION:
UCBD; Urban Central Business District is designated to combine high intensity,
downtown, pedestrian-oriented office and commercial development with high density multi-family. Maximum density of 40 units per acre or 50 units if utilized for affordable housing.

Access:
Primary access is off 13th Street West. Street Parking is applicable.
Vehicle access and parking is also located at the rear of the property which appears to be accessible from the current owner’s
adjacent parcel.

Current existing building:
The existing improvements could possibly be renovated for an office use where onsite parking/access is to be further researched.

Highest an best Use:
The highest and best use conclusion for the subject is redevelopment of the
parcel with a multi-story or mixed-use structure.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 4361400007
Zoning: T-5; URBAN CENTER
Property Visibility: Good
Legal Description: Located in Township 34 South, Range 17 East, Section 35 in Manatee County, Florida
Airports: SRQ Airport
Site Description: The parcel is rectangular in shape containing 12,900 square feet and 96’ of frontage on 13th Street West.
Area Description: The property is located just south of 9th Avenue West off 13th Street in the City of Bradenton. This area is a mix of free-standing offices / retail, multi-tenant offices, nonprofit organizations and residential. This area is situated at the northern boundary of the Villages of the Arts District.
Lot Frontage: 96’
Lot Depth: 135’
Zoning Description: Located in the City of Bradenton and zoned T-5; Urban Center identifies areas of high density mixed-use building that accommodate retail, office, rowhouses and apartments. Typical building height three to five stories.
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,121 98,104 188,395
Median Age: 37.91 40.84 43.27
Households: 5,970 40,018 79,040

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