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214 9th St E - Water front Mixed-Use Development in Downtown 0.22 Acres of Commercial Land in Bradenton, FL 34208



Investment Highlights
- Total Footprint: 5.15 Acres of prime, contiguous, and tactical land.
- Strategic Frontage: Superior visibility and ingress/egress across E 8th St, E 9th St, and E 3rd Ave.
- Density Advantage: Supported by a Future Land Use designation (ROR) that allows for up to 40 units per acre (with applicable bonuses).
- Premier Location: Directly adjacent to the Riverwalk and downtown core, ensuring high-value views and immediate proximity to waterfront recreation.
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.
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.22 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | T4-O: BR_FBC,BR_ - General Urban Open | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.22 AC |
| Opportunity Zone |
Yes |
| Zoning | T4-O: BR_FBC,BR_ - General Urban Open |
1 Lot Available
Lot
| Lot Size | 0.22 AC |
| Lot Size | 0.22 AC |
Description
Strategic Waterfront Assemblage: Premier Manatee River Development Site This 5.15-acre portfolio represents a significant land assembly along the Manatee River. Comprised of 16 total parcels, this package offers an expansive footprint in a high-growth corridor, providing an open canvas for high-density development or a long-term strategic investment. Package 3: Primary Development Block (Lots 3, 4, 5, 6, 7, 8) Price: $3,780,000.00 As the largest contiguous segment of the portfolio, this block provides the critical mass necessary for a high-density vertical project. The sheer scale of these combined lots allows for significant architectural flexibility and maximum site efficiency, making it the primary engine for residential unit yield and large-scale master planning within the assembly with major 9th street frontage. Package 4: (Lots 9, 11, 23) Price: $1,935,000.00 This package serves as the essential bridge for the portfolio, providing internal depth and infrastructure support. These lots are vital for creating a cohesive campus feel, offering additional acreage for high-density residential buildings, structured parking, or shared community amenities that serve the wider waterfront development. Package 5: - Lot 12 Price: $375,000.00 This individual lot offers a targeted opportunity for infill development or supplemental density. Given its location within the high-growth corridor, it can function as a standalone professional office site or be integrated into the larger master plan to maximize the efficiency of the total acreage. Package 6: - Lot 31 Price: $475,000.00 Positioned as a key outlier with significant utility, Lot 31 provides additional versatility to the portfolio. Whether used for specialized commercial use, high-value residential units, or as a strategic hold for future expansion, this parcel adds a final layer of value to the complete waterfront package. The portfolio is situated within a Qualified Opportunity Zone, offering substantial federal tax incentives—including potential permanent exclusion of capital gains on future appreciation. This makes the assembly a powerful vehicle for investors looking to capitalize on the region’s waterfront demand and downtown revitalization. Execute CA for Offering Memorandum for in-depth information on the project.
Property Taxes
| Parcel Number | 31347-0000-8 | Improvements Assessment | $276,147 CAD |
| Land Assessment | $114,553 CAD | Total Assessment | $390,700 CAD |
Property Taxes
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214 9th St E - Water front Mixed-Use Development in Downtown
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