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834 Riverside Dr Palmetto, FL 34221

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For Sale
$3,500,000

3.4-acre site in Palmetto, Florida, near Manatee River.

Lot size:
3.40 Acres

Property Features for 834 Riverside Dr

General Information

Lot size
3.40 Acres

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Listing Contact
Matt Fenske
Matt Fenske
Source: Suncoastsvn

Listing Agent: Matt Fenske

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

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Overview

Prime Mixed-Use Development Site

This 3.4+/- acre mixed-use development site is located in Palmetto, Florida, near the Manatee River. The property is situated on the corner of 8th Avenue West and Riverside Drive, surrounded by offices, restaurants, a marina, and retail establishments. It is centrally located between St. Petersburg and Sarasota, with proximity to beaches, a waterfront marina, entertainment, dining, and shopping. The site is directly adjacent to ItWorks! corporate headquarters and across the street from Regatta Pointe Marina, restaurants, and shops. The City of Palmetto and the Palmetto CRA aim to make this the hub of activity in the City by promoting connectivity, walkability, and amenities in the neighborhood. The southeast corner (.8 +/- acre) is limited to non-residential use. The property is ideal for a downtown mixed-use project, such as a hotel, luxury apartments, or waterfront condominium, all with a street retail and/or restaurant component. There is potential for up to 153 residential units and/or a hotel within a mixed-use project. Aggressive development incentives are offered by the Palmetto CRA.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

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  • Local Demand
City
Palmetto
County
Manatee
State
Florida
Longitude
-82.5739313
Latitude
27.5123395

FAQs

What type of property is this?
Commercial land - 3.4-acre site in Palmetto, Florida, near Manatee River.
Where is this commercial land located?
The property is located at 834 Riverside Dr Palmetto, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: - Prime 3.4 +/- acre riverfront development site in Palmetto, Florida.; - Potential for up to **153 residential units and/or hotel** in a mixed-use project.; - Aggressive development incentives offered by the Palmetto CRA.
More about this property
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