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7900 64th Ave E 48.46 Acres of Residential Land Offered at $5,500,000 in Palmetto, FL 34221
EXECUTIVE SUMMARY
A rare opportunity to acquire a ~48-acre parcel in the high-growth Parrish corridor of Manatee County, with a clear path to develop up to 300 multifamily residential units.
The property is strategically positioned for an accelerated administrative approval under Florida's "Live Local Act," allowing a developer to bypass a lengthy and uncertain public rezoning process.
The site's value is anchored by a massive public investment: the confirmed expansion of the adjacent Buffalo Creek Park into a regional sports complex. A recent agreement between the City of Palmetto and Manatee County provides a publicly funded solution for road improvements and secondary access, solving the project's primary infrastructure hurdle.
This is a unique opportunity to deliver a premier residential community that is directly supported by transformative public amenities and a clear, de-risked path to entitlement.
The property is strategically positioned for an accelerated administrative approval under Florida's "Live Local Act," allowing a developer to bypass a lengthy and uncertain public rezoning process.
The site's value is anchored by a massive public investment: the confirmed expansion of the adjacent Buffalo Creek Park into a regional sports complex. A recent agreement between the City of Palmetto and Manatee County provides a publicly funded solution for road improvements and secondary access, solving the project's primary infrastructure hurdle.
This is a unique opportunity to deliver a premier residential community that is directly supported by transformative public amenities and a clear, de-risked path to entitlement.
PROPERTY FACTS
| Price | $5,500,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 48.46 AC |
| Property Type | Land | ||
| Zoning | A1 - Agriculture | ||
| Price | $5,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 48.46 AC |
| Zoning | A1 - Agriculture |
1 LOT AVAILABLE
Lot
| Price | $5,500,000 | Lot Size | 48.46 AC |
| Price Per AC | $113,495.67 |
| Price | $5,500,000 |
| Price Per AC | $113,495.67 |
| Lot Size | 48.46 AC |
48.46 Acres County water and sewer available. Future Land Use: Res-6; UF-3.
PROPERTY TAXES
| Parcel Number | 6578-0000-9 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $87,228 |
PROPERTY TAXES
Parcel Number
6578-0000-9
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$87,228
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7900 64th Ave E
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