21.1 ac for 126 MF Units in Palmetto

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30646613
Property Subtypes: Multi-Family
Status: Pending
Gross Land Area: 21.10 Acres
Sale Price: $2,475,000
Unit Price: $117,298 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/27/2021

Overview / Comments

PROPERTY DESCRIPTION - This great opportunity is for a Developer to build on a total of 21.1± acres planned for up to 126 multi-family units in Palmetto, Manatee County, FL.

LOCATION DESCRIPTION - Located in the city of Palmetto, FL. The property has convenient access to Sarasota, St. Petersburg, and Tampa. The property is near the I-75 and I-275 interstates offering quick access to many employment centers. Access can be found off of Bayshore Road via US-41/ S Tamiami Trail.

PROPERTY SIZE - 21.1 Acres

ZONING - PD-R, 150± Units

FUTURE LAND USE - RES-9, ROR(6 units per acre)

PARCEL ID - 2247100007

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 2247100007

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,141 26,829 81,202
Median Age: 45.03 44.66 44.23
Households: 876 10,271 33,188


Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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