Land - Real Estate in Bradenton
Listing Price: $5,950,000 (Mortgage Calculator →)
Description of Property
Located in Southwest Bradenton, this exceptional 6.72 +/- acre former tennis center is available for luxury residential redevelopment. This opportunity is one of the last in the area with a potential water view of Sarasota Bay, offering a prime location to develop a luxury residential community with top-notch amenities and state-of-the-art living space. The Future Land Use (FLU) designation, RES-16, allows for the possibility of up to 107 units, and the owners are currently pursuing a rezoning to Planned Development Residential (PD-R) to utilize the potential density. This site is highly sought after due to its proximity to Cortez Road, US-41, IMG Academy, retail centers, and Sarasota-Bradenton International Airport. The frontage on El Conquistador Parkway, with traffic counts of 12,300 average vehicles per day, serves to naturally promote this property following development. The residential market in Manatee County for townhomes and condos has remained relatively steady over the past year, with an average sale price of $401,051. Most closed sales have occurred between the $300,000 and $600,000 with the expectation that this site will surpass that range due to its location and potential water views. Proposed access to the site is via two access points off Bay Club Drive and a third emergency access via El Conquistador Parkway. Public utilities to the site are available via water and sewer lines located along El Conquistador Parkway. Buyer must verify legal access for their proposed development as well as water and sewer capacity with Manatee County during the inspection phase.
Garage: No
Carport: No
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Property Details At A Glance
Property Type: Land
City: Bradenton
County: Manatee
Subdivision: Acreage & Unrec
Annual Tax: $17,749
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
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Waterfront Info
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Water Access: Not specified
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Water View: Bay/Harbor - Partial
Exterior & Construction
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Sewer: Public Sewer
Water Source: Public
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Lot Information
Lot Features:
Lot Size (acres): 6.72
Lot Size (sq. ft.): 292,723 square feet
Lot Dimensions: 595 x 592
Front Exposure: North
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Additional Parcels: Yes
Additional Parcels Description: 6145518004, 6145518053
Legal Description & Other Information
Parcel Number: 6145517006
Zoning: RSF-3
Tax Legal Desc.: FM NW COR OF SE1/4 OF NW1/4 SEC 21, RUN S 00 DEG 22 MIN 07 SEC W ALG SD SE1/4 OF NW1/4 11.85 FT TO THE WLY EXT OF S R/W LN OF EL CONQUISTADOR PKWY; TH S 89 DEG 10 MIN 32 SEC E ALG SD S R/W LN & WLY EXT 44.00 FT TO THE E LN OF A 29 FT ACCESS EASMT; TH S 00 DEG 22 MIN 07 SEC W ALG E LN OF SD EASMT 428.08 FT TO THE POB; TH CONT ALG E LN OF SD EASMT THE FOL
Section: 21
Range: 17
Listing courtesy of SVN COMMERCIAL ADVISORY GROUP. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.