4511 BAY CLUB DRIVE
Bradenton, FL 34210
6.72 acres | #A4632430
Description
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.
Property Details
- Utility FeaturesSewer Available, Water Available
- SubdivisionACREAGE & UNREC
- Sewer InformationPublic Sewer
- Original List Price$5,950,000
- Property TypePurchase
- MLS #A4632430
- MLS #A4632430
- CountyManatee
- Taxes Annual$17,749
- Cost5950000
- Utility SourcePublic
- Acres6.72
- Property SubtypeLand
- Days on Market (Cumulative)7
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Bill Barnaba
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Tony Veldkamp, CCI (#MFR266502740)
Listing Office: SVN COMMERCIAL ADVISORY GROUP (#MFR281516932)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.