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5108 18th Street Ct E 5.35 Acres of Commercial Land Offered at $2,726,000 in Bradenton, FL 34203

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INVESTMENT HIGHLIGHTS

  • Preliminary Site Plan Approved by Manatee County for 3 Story - 94 Apartment Units
  • The parking totals 170 spaces equating to 1.8 +/- spaces per dwelling unit
  • The Site Data provides for 5.352 Site Acres with 4.89 Net Residential Acreage.

EXECUTIVE SUMMARY

Tobin Real Estate is pleased to exclusively represent the sale of Oneco Living Apartments, a new project at the intersection of 18 Street CT E and 51 Street E Avenue, Bradenton, Florida. The project site is 5,352 acres and has already a Preliminary Site Plan Approved by Manatee County, Planning and Development for 3 Stories and 94 Apartment Units under Project #PDR-22-18(Z)(P) and Accela #PLN2205-0148 for reference.
The Site Data provides for 5.352 Site Acres with 4.89 Net Residential Acreage. The minimum required setbacks are 25’ in front, 10’ on side and not applicable in the rear. The Net Density is 19.2 Dwelling Units per 4.89 residential acre. The parking totals 170 spaces equating to 1.8+- spaces per dwelling unit (158 parking spaces includes 6 ADA parking spaces and an additional 12 bicycle spaces). The project permits a 6’ fence to be constructed on the property line at the southeast corner of the site and allows required landscaping to be placed on the project side of the fence for beautification.

PROPERTY FACTS

Price $2,726,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 5.35 AC
Zoning AE - The site is 5,352 acres and has already a Preliminary Site Plan Approved by Manatee County, Planning and Development for 3 Stories and 94 Apartments.

1 LOT AVAILABLE

Lot

Price $2,726,000
Price Per AC $509,532.71
Lot Size 5.35 AC

The project site is 5.352 acres and has already a Preliminary Site Plan Approved by Manatee County, Planning and Development for 3 Stories and 94 Apartment Units under Project #PDR-22-18(Z)(P) and Accela #PLN2205-0148 for reference.

DESCRIPTION

The project site is 5,352 acres and has already a Preliminary Site Plan Approved by Manatee County, Planning and Development for 3 Stories and 94 Apartment Units under Project #PDR-22-18(Z)(P) and Accela #PLN2205-0148 for reference. The Site Data provides for 5.352 Site Acres with 4.89 Net Residential Acreage. The minimum required setbacks are 25’ in front, 10’ on side and not applicable in the rear. The Net Density is 19.2 Dwelling Units per 4.89 residential acre. The parking totals 170 spaces equating to 1.8+- spaces per dwelling unit (158 parking spaces includes 6 ADA parking spaces and an additional 12 bicycle spaces). The project permits a 6’ fence to be constructed on the property line at the southeast corner of the site and allows required landscaping to be placed on the project side of the fence for beautification.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16705-0050-9
Land Assessment
$306,000
Improvements Assessment
$134,394
Total Assessment
$440,394
  • Listing ID: 33413576

  • Date on Market: 10/4/2024

  • Last Updated:

  • Address: 5108 18th Street Ct E, Bradenton, FL 34203

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