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Investment Highlights

  • Potential to fulfill your vision! Hospitality, Living Facility, School, Medical, Religious, Hotel...
  • There is a strong likelihood that Manatee County will be eager to work with a buyer to bring this property to life.
  • Some out of the box potential uses - Casino, Entertainment Complex, Reconfigured Storage or Multifamily
  • Owners are motivated to review offers. If you have an interest, let's connect and discuss.

Executive Summary

• Manatee Harmony may be the perfect new home for a Hospital, School, Office Headquarters, Governmental use, Religious Institution, Living Facility or just about any other use, peripheral to those opportunities.

• Tours by Appointment Only Dreznin Pappas Commercial Real Estate, LLC (DPCRE) is excited to present an opportunity for the right buyer to acquire Harmony Palms, a promising two-story assisted living facility boasting 90 beds along with a dedicated secured memory care wing. While the construction of this two-story structure remains incomplete, significant progress has been made, with the outer walls, roof, windows, inner wall framework, wiring, and plumbing all fully installed, bringing the building to a 50% completion rate.

• Ownership is open to negotiations and will entertain most reasonable offers, seriously. Despite its current state of pause, the construction hiatus stems from non-property-related issues with the previous developer, rendering the asset unoccupied. This unique circumstance presents investors with a rare chance to take charge, finalize the remaining development, and transform this property into a thriving asset, all at a price reflective of its current inactive status.

• LUC Description: Vacant Commercial (1555) Zoning: GC - General Commercial District (GC). The purpose of this district is to provide for a variety of retail use and services in free-standing parcels or shopping centers to serve the community's general commercial needs. This district may also facilitate attached dwellings, multifamily residential, and mixed-use (including multi-family residential). Overlays: CEA,CHH,CPA

• The vision moving forward offers a plethora of options with a blessing from Manatee County of course. Living Facility Motel / Hotel School Medical usage (Hospital, Long Term care, emergency, etc) Housing Religious
• In place data 56 assisted living beds (45 one-bed, 11 two-bed) 34 memory care beds (33 one-bed, 1 two-bed) Square Footage - 45,324 Units - 79 Year Built - 2022
• Future land use - R/O/R (Retail/Office/ Residential) Includes - CON, RSF-3, RSF-4.5, RSF-6, RSF-9, RSMH-6, RVP, RDD-3, RDD-4.5, RMF-6, RMF-9, RMF-12, RMF-16, NC-S, NCM, GC, HC, MX, PR-S, PR-M, MP-I
Location Summary
• Centrally located on State Route 64 with great access to North/South Interstate, US-301 and US-41. Ease of transportation to amenities, shopping, hospitality and water/beaches.
• Only 2.3 miles west of Interstate 75
• Close to Downtown Bradenton, just over the bridge from Palmetto and close to Lakewood Ranch.
• Bradenton International Airport is a 20-minute drive

Property Facts Under Contract

Price $7,800,000
Price Per Bed $86,667
Sale Type Investment or Owner User
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Continuing Care Retirement Community
  • Healthcare Hospital
  • Healthcare Rehabilitation Center
Building Class B
Lot Size 2.58 AC
Building Size 42,722 SF
No. Beds 90
No. Stories 2
Year Built 2017
Zoning GC - General commercial
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
11266-0135-9
Land Assessment
$926,491
Improvements Assessment
$0
Total Assessment
$926,491
  • Listing ID: 35008716

  • Date on Market: 3/4/2025

  • Last Updated:

  • Address: 4207 67, Bradenton, FL 34208

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