Active
4511 BAY CLUB DR
BRADENTON FL, 34210
$5,950,000
$20.33 per sqft
Active
6.72 Acres
Land
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.
A4632430
MLSⓇ ID
December 13, 2024
Listed
December 14, 2024
Updated
Map
4511 BAY CLUB DR
BRADENTON FL, 34210
Exterior/Building Features
Lot Size
6.72 Acres
Sewer
Public Sewer
Other Property Details
Area Name
34210 - Bradenton
Taxes
$17,749
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
No
View
No
County
Manatee
Municipality
35
Water Source
Public
Pool
No
Zoning
RSF-3
Listed by SVN COMMERCIAL ADVISORY GROUP
Listing Contact: 941-387-1200
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Data last updated 12/14/2024, 6:37 AM UTC