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- LoopNet Team
3700 SR 64 E
Bradenton, FL 34208
Back Bay Preserve · Land For Sale
·
6.82 AC
INVESTMENT HIGHLIGHTS
- Unmatched waterfront location with 950 feet of frontage along the Braden River at its junction with the Manatee River
- Prime visibility along State Road 64, a major east-west thoroughfare with 48,000 AADT and convenient access to both I-75 and Downtown Bradenton.
- Outstanding area demographics with the average household income within one mile at nearly $110,000.
- Zoning in place to allow for up to 102 units at a maximum height of 45 feet.'
- Bradenton experienced 34.5% rent growth in 2021 with nearby newer construction assets achieving rents in excess of $2.00 psf.
PROPERTY FACTS
DESCRIPTION
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present an exceptional opportunity to acquire Back Bay Preserve (the “Property” or “Site”), a rare waterfront +/- 6.81-acre development site located in Bradenton, Florida at the confluence of the Braden and Manatee rivers, offering dazzling western-facing views and the best of the Florida lifestyle. With zoning in place for the development of 102 multi-family units, a developer has the ability to deliver a condominium or apartment project that is surely to be one of the most sought-after communities in a market that is among the fastest-growing in the entire country. Meanwhile, the Site's unique waterfront location and prime frontage along a major east-west thoroughfare make it an ideal candidate for other uses such as senior housing, hotel, or commercial, which can be accomplished through a rezoning and land use change.
PROPERTY TAXES
| Parcel Number | 11314-0000-2 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,340,123 |
PROPERTY TAXES
