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    150 Riviera Dunes Way Palmetto, FL 34221

    For Sale
    $2,500,000

    Waterfront property suitable for commercial/residential project in Riviera Dunes.

    Lot size:
    1.69 Acres

    Property Features for 150 Riviera Dunes Way

    General Information

    Lot size
    1.69 Acres

    Source: Ian Black Real Estate, LLC Agent Matt Ben Kezar

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Mixed Use Development Opportunity

    This is a rare opportunity to purchase a waterfront mixed-use property within the Riviera Dunes Development of Regional Impact. The site is a prime location for a commercial or residential project and was previously approved for construction up to 15 stories. The property is surrounded by nearly 2,000 waterfront homes and a marina. It is adjacent to the new Marriott Resort Hotel and the Bradenton Area Convention Center, which is undergoing a $50,000,000 update. The parcel offers views and is accessible to local and regional amenities. Commuting distance to Sarasota, St Pete, and Tampa.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palmetto
    County
    Manatee
    State
    Florida
    Longitude
    -82.5577567
    Latitude
    27.5131898

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    FAQs

    What type of property is this?
    Commercial land - Waterfront property suitable for commercial/residential project in Riviera Dunes.
    Where is this commercial land located?
    The property is located at 150 Riviera Dunes Way Palmetto, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Rare waterfront mixed-use property in Riviera Dunes DRI.; - Previously approved for up to 15 stories.; - Surrounded by nearly 2,000 waterfront homes and a marina.
    (941) 720-1973
    Request Owner's contact information
    150 Riviera Dunes Way Palmetto, FL 34221
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    150 Riviera Dunes Way Palmetto, FL 34221
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