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Palmetto Green Multi Family Development 917 11th Ave W 210 Unit Apartment Building $4,750,000 ($22,619/Unit) Palmetto, FL 34221
INVESTMENT HIGHLIGHTS
- Downtown Palmetto Revitalization
- Creates a vibrant pedestrian friendly district
- High Demand or Housing Units for market population growth
EXECUTIVE SUMMARY
Planned Multi- Family Development in the growing City of Palmetto market. 8.24 acres of land available within a short walk to downtown Palmetto. Minutes from Bradenton and Sarasota with easy access to US-41 and I-275.
Located only a short walk from the Manatee River, this new residential community will bring approximately 210 modern homes to the downtown area. Rising four stories, the project is designed to advance the CRA's goals of creating a vibrant, pedestrian-friendly district while blending naturally with the established fabric of the neighborhood.
Located only a short walk from the Manatee River, this new residential community will bring approximately 210 modern homes to the downtown area. Rising four stories, the project is designed to advance the CRA's goals of creating a vibrant, pedestrian-friendly district while blending naturally with the established fabric of the neighborhood.
PROPERTY FACTS
| Price | $4,750,000 | Apartment Style | Garden |
| Price Per Unit | $22,619 | Building Class | A |
| Sale Type | Investment | Lot Size | 8.24 AC |
| Sale Condition | Redevelopment Project | Construction Status | Proposed |
| No. Units | 210 | Building Size | 205,000 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Parking Ratio | 1.64/1,000 SF |
| Zoning | PD-MU - Planned Development - Mixed Use | ||
| Price | $4,750,000 |
| Price Per Unit | $22,619 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 210 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | A |
| Lot Size | 8.24 AC |
| Construction Status | Proposed |
| Building Size | 205,000 SF |
| No. Stories | 4 |
| Parking Ratio | 1.64/1,000 SF |
| Zoning | PD-MU - Planned Development - Mixed Use |
AMENITIES
UNIT AMENITIES
- Kitchen
- Oven
- Range
1 1
PROPERTY TAXES
| Parcel Number | 27075-0005-0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $514,660 |
PROPERTY TAXES
Parcel Number
27075-0005-0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$514,660
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Palmetto Green Multi Family Development | 917 11th Ave W
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