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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 | 0.65 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Residential | Opportunity Zone |
Yes
|
| Zoning | T5 Urban Center | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.65 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | T5 Urban Center |
1 Lot Available
Lot
| Lot Size | 0.65 AC |
| Lot Size | 0.65 AC |
This ±0.65-acre parcel is one of the larger contiguous lots in the assemblage, supporting roughly 26 units at the site's target density. It sits within downtown Bradenton's walkable core, minutes from the Manatee River waterfront.
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 | $83,732 |
| Land Assessment | $398,081 | Total Assessment | $481,813 |
Property Taxes
Parcel Number
31403-0000-9
Land Assessment
$398,081
Improvements Assessment
$83,732
Total Assessment
$481,813
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106-108 8th St E
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