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Investment Highlights
- Existing rental income provides holding-cost support.
- Three contiguous parcels offered together.
- Elementary school located directly across the street.
- Frontage along a corridor with approximately 37,000 vehicles daily.
Executive Summary
The site's RSF-4.5 zoning permits residential development at approximately nine units per acre, creating an opportunity for builders and developers seeking a project with existing zoning in place. Existing residential neighborhoods surround the area, while schools, shopping, healthcare services, and employment centers contribute to ongoing housing demand throughout the corridor. An elementary school is located directly across the street, adding to the property's connectivity within the community.
In addition to its development potential, the property currently includes income-producing rental units that may provide interim cash flow during planning and development activities. The combination of scale, frontage, zoning, and location presents multiple potential strategies, including single-family residential development, attainable housing concepts, or other residential uses permitted by zoning. Opportunities of this size within western Bradenton's established growth area are increasingly limited, particularly sites that combine existing zoning, current income, and access to surrounding amenities.
Property Facts
1 Lot Available
Lot
| Price | $2,312,120 CAD | Lot Size | 6.48 AC |
| Price Per AC | $356,808.61 CAD |
| Price | $2,312,120 CAD |
| Price Per AC | $356,808.61 CAD |
| Lot Size | 6.48 AC |
Most fronting 4.25 acres of the site high dry and buildable, somewhere between 40-60 units for this site realistic. UPDATE! Neighboring site available as well, another 6 acres.
Description
The property consists of approximately 6.48 acres across three contiguous parcels located on E 53rd Avenue in Bradenton, Florida. Zoning is RSF-4.5. The site fronts a roadway reported to carry approximately 37,000 vehicles per day and is located across from an elementary school. Existing residential rental units are present on the property. The offering is being marketed as a residential development opportunity.
Property Taxes
| Parcel Number | 18006-0000-7 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $282,326 CAD |
Property Taxes
Presented by
2008 E 53rd Ave E
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