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Executive Summary
A fantastic opportunity for a multifamily development with stunning water views on the Manatee River. The current assemblage covers 5.86 acres, with the potential to expand by an additional 1.6 acres, making it a total of 7.46 acres. This development is planned in phases and may include commercial retail spaces. Phase I is set to feature 234 units, and with the extra 1.6-acre addition, an additional 64 units can be built, bringing the total to 298 units. Adjacent to Riverwalk and a proposed downtown waterfront restaurant, the owner plans to develop a +/- 6,000 sqft restaurant in phase II. This assemblage is located in an Opportunity Zone.
Execute CA for Offering Memorandum for in-depth information on the project.
Execute CA for Offering Memorandum for in-depth information on the project.
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.41 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Residential | Opportunity Zone |
Yes
|
| Zoning | BR_FBC,BR_ | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.41 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | BR_FBC,BR_ |
1 Lot Available
Lot
| Lot Size | 0.41 AC |
| Lot Size | 0.41 AC |
One block off the river along 8th ST E in downtown Bradenton this ±0.41 AC lot contributes roughly 16 units of density to the assemblage. Its infill location places future residents within easy walking distance of Riverwalk, downtown shops,& dining.
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 31403-0000-9 | Improvements Assessment | $117,426 CAD |
| Land Assessment | $558,269 CAD | Total Assessment | $675,695 CAD |
Property Taxes
Parcel Number
31403-0000-9
Land Assessment
$558,269 CAD
Improvements Assessment
$117,426 CAD
Total Assessment
$675,695 CAD
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106 8th St E
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