10308 US 41 - 15.4 ac for 300 Live Local Apts in Manatee 15.4 Acres of Commercial Land Offered at $12,685,999 CAD in Palmetto, FL 34221

Skyway 41 Apartments – Multifamily Development Opportunity
10308 US-41 | Palmetto, Florida 34221
Longboat Real Estate Partners is pleased to present the opportunity to acquire Skyway 41 Apartments, a 15.4± acre development site strategically located along US Highway 41 in northern Manatee County, one of Florida's fastest-growing regions.
The property currently consists of approximately 15.4 acres with direct frontage on US-41 and exposure to approximately 22,500 vehicles per day. The site is positioned between the rapidly expanding Moccasin Wallow growth corridor and the Tampa Bay employment market, providing convenient access to I-275, I-75, St. Petersburg, Tampa, Bradenton, Sarasota, and Port Manatee.
The property is zoned HC (Heavy Commercial) with Retail/Office/Residential future land use designation. Ownership has completed substantial development analysis demonstrating a preliminary multifamily concept of approximately 300 apartment units. In addition, ownership's analysis indicates the potential for increased density through Florida's Live Local Act, with conceptual capacity approaching 490 units subject to buyer verification, design, and governmental approvals.
The site is generally high and dry with development planning already completed for portions of the property. Existing due diligence materials, site planning work, zoning analysis, and development documentation will be made available to qualified buyers.
The surrounding corridor continues to experience significant residential and commercial growth, including expanding retail services, employment centers, logistics operations, healthcare providers, and industrial users. The property also benefits from proximity to Port Manatee, one of Florida's fastest-growing seaports and a major regional economic driver.
Investment Highlights
• 15.4± acre multifamily development site
• Direct frontage on US-41 with approximately 22,500 AADT
• Preliminary apartment concept for approximately 300 units
• Potential Live Local Act density pathway approaching 490 units (buyer to verify)
• HC zoning with Retail/Office/Residential future land use designation
• Existing development analysis and due diligence materials available
• Convenient access to I-275, I-75, Tampa, St. Petersburg, Bradenton, Sarasota, and Port Manatee
• Located within one of Florida's strongest population and employment growth corridors
• Strong regional housing demand and apartment fundamentals
• Asking Price: $8,950,000 ($29,833 per planned unit)
Skyway 41 Apartments offers investors, apartment developers, institutional buyers, and Live Local Act developers the opportunity to acquire a well-positioned multifamily development site within the Tampa Bay region's continued path of population growth, job creation, and housing demand.