4451 Bay Club Dr - Residential LAND FOR SALE


Bradenton, FL 34210 292,723 SF
$5,950,000 USD
941-374-9657
4451 Bay Club Dr, Bradenton, FL for Sale
$5,950,000 USD
Residential LAND - FOR SALE
1/10
292,723 SF

4451 Bay Club Dr
Bradenton, FL 34210


HIGHLIGHTS

  • Luxury residential development opportunity in Southwest Bradenton with potential views of Sarasota Bay
  • Seller is in the process of rezoning to Planned Development-Residential (PD-R) to allow for up to 107 units
  • Location on El Conquistador Parkway allows easy accessibility to Cortez Road and US-41 with Downtown Bradenton 20 minutes to the North and Downtown S
  • Desirable area with close proximity to recreational amenities including the Bradenton Gulf Islands
  • Other nearby amenities: preserves with kayaking, walking and biking trails, and numerous high end gulf courses
  • Surrounding area has proposed 5,000+ new residential units between the Aqua and Seaflower communities, as well as 600+ luxury apartment units

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$5,950,000 USD

PRICE/ACRE

$885,417/AC

PRICE/SF

$20 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Luxury Residential Development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units - Condo

LAND ACRES

6.72 AC

LAND SF

292,723 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

RSF-3

APN/PARCEL ID

61455-1805-3

ASK ABOUT THIS PROPERTY

Tony Veldkamp, CCIMSVN | Commercial Advisory GroupMore Info
941-374-9657

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Tony Veldkamp, CCIMSVN | Commercial Advisory GroupMore Info
941-374-9657

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.