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807 3rd Ave E - 807 E 3rd Ave 0.41 Acres of Commercial Land in Bradenton, FL 34208
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 | 0.41 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | BR_FBC,BR_ | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.41 AC |
| Opportunity Zone |
Yes |
| Zoning | BR_FBC,BR_ |
1 Lot Available
Lot
| Lot Size | 0.41 AC |
| Lot Size | 0.41 AC |
This ±0.41-acre 3rd Avenue East parcel adds significant scale and street frontage to the Manatee River assemblage, totaling 17,680 SF. At the project's target density, it supports approximately 16 units.
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 31388-0000-2 | Improvements Assessment | $0 |
| Land Assessment | $49,751 | Total Assessment | $49,751 |
Property Taxes
Parcel Number
31388-0000-2
Land Assessment
$49,751
Improvements Assessment
$0
Total Assessment
$49,751
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807 3rd Ave E - 807 E 3rd Ave