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825 3rd Ave E - Manantee River Waterfront Commercial Land 1.28 Acres of Commercial Land in Bradenton, FL 34208
Executive Summary
This ±1.28-acre parcel fronts 3rd Avenue East just steps from the Manatee River and Riverwalk, anchoring the western edge of the assemblage. At a density of roughly 40 units per acre, the site supports approximately 51 multifamily units as part of a larger riverfront redevelopment.
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.
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.
Property Facts
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.28 AC |
| Property Type | Land | No. Stories | 2 |
| Property Subtype | Commercial | Opportunity Zone |
Yes
|
| Zoning | T-5 Urban Center | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.28 AC |
| No. Stories | 2 |
| Opportunity Zone |
Yes |
| Zoning | T-5 Urban Center |
1 Lot Available
Lot
| Lot Size | 1.28 AC |
| Lot Size | 1.28 AC |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 31358-0000-5 | Improvements Assessment | $57,865 |
| Land Assessment | $905,117 | Total Assessment | $962,982 |
Property Taxes
Parcel Number
31358-0000-5
Land Assessment
$905,117
Improvements Assessment
$57,865
Total Assessment
$962,982
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825 3rd Ave E - Manantee River Waterfront Commercial Land