Located in Southwest Bradenton, this exceptional 6.72 +/ acre former tennis center is available for luxury residential redevelopment. This opportunity is one of the last in the area with a potential water view of Sarasota Bay, offering a prime location to develop a luxury residential community with top notch amenities and state of the art living space.
The Future Land Use (FLU) designation, RES 16, allows for the possibility of up to 107 units, and the owners are currently pursuing a rezoning to Planned Development Residential (PD R) to utilize the potential density.
This site is highly sought after due to its proximity to Cortez Road, US 41, IMG Academy, retail centers, and Sarasota Bradenton International Airport. The frontage on El Conquistador Parkway, with traffic counts of 12,300 average vehicles per day, serves to naturally promote this property following development.
The residential market in Manatee County for townhomes and condos has remained relatively steady over the past year, with an average sale price of $401,051. Most closed sales have occurred between the $300,000 and $600,000 with the expectation that this site will surpass that range due to its location and potential water views.
Proposed access to the site is via two access points off Bay Club Drive and a third emergency access via El Conquistador Parkway. Public utilities to the site are available via water and sewer lines located along El Conquistador Parkway. Buyer must verify legal access for their proposed development as well as water and sewer capacity with Manatee County during the inspection phase.
Located in Southwest Bradenton, this exceptional 6.72 +/ acre former tennis center is available for luxury residential redevelopment. This opportunity is one of the last in the area with a potential water view of Sarasota Bay, offering a prime location to develop a luxury residential community with top notch amenities and state of the art living space.
The Future Land Use (FLU) designation, RES 16, allows for the possibility of up to 107 units, and the owners are currently pursuing a rezoning to Planned Development Residential (PD R) to utilize the potential density.
This site is highly sought after due to its proximity to Cortez Road, US 41, IMG Academy, retail centers, and Sarasota Bradenton International Airport. The frontage on El Conquistador Parkway, with traffic counts of 12,300 average vehicles per day, serves to naturally promote this property following development.
The residential market in Manatee County for townhomes and condos has remained relatively steady over the past year, with an average sale price of $401,051. Most closed sales have occurred between the $300,000 and $600,000 with the expectation that this site will surpass that range due to its location and potential water views.
Proposed access to the site is via two access points off Bay Club Drive and a third emergency access via El Conquistador Parkway. Public utilities to the site are available via water and sewer lines located along El Conquistador Parkway. Buyer must verify legal access for their proposed development as well as water and sewer capacity with Manatee County during the inspection phase.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 0.00
Garage and Parking
Garage Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Sewer: Public Sewer
Utilities: Sewer Available, Water Available
Finance and Tax Information
Home Owners Association Fee: 0.00
Net Operating Income: 0.00
Tax Year: 2023
Other Features
Country: US
Current Use: Residential
Legal Description: FM NW COR OF SE1/4 OF NW1/4 SEC 21, RUN S 00 DEG 22 MIN 07 SEC W ALG SD SE1/4 OF NW1/4 11.85 FT TO THE WLY EXT OF S R/W LN OF EL CONQUISTADOR PKWY; TH S 89 DEG 10 MIN 32 SEC E ALG SD S R/W LN & WLY EXT 44.00 FT TO THE E LN OF A 29 FT ACCESS EASMT; TH S 00 DEG 22 MIN 07 SEC W ALG E LN OF SD EASMT 428.08 FT TO THE POB; TH CONT ALG E LN OF SD EASMT THE FOL
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