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Multifamily Development Opportunity

214 9th St E, Bradenton, FL 34208

For Sale
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7.46 acres for multifamily development with water views.

Property Size6,000 SF
Lot Size7.46 Acres
Days on Market876

Property Features for 214 9th St E

General Information

Standard status Active
Size 6,000 SF
Lot size 7.46 Acres
Property subtype Mixed Use
Zoning Opportunity Zone
Listing Agency: Harry E Robbins Associate
Listed By: Kevin Robbins · License FL SL3042951
Source: Crexi
Added: Jun 18, 2024 Changed: Nov 2 Last Checked: Nov 10 at 7:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Harry E Robbins Associate

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Investment Insights

Based on property information with market context.

This property presents an opportunity for a multifamily development with water views of the Manatee River. The current assemblage covers 5.86 acres, with the potential to expand by an additional 1.6 acres, creating a total of 7.46 acres. The development is planned in phases and may include commercial retail spaces. Phase I is set to feature 234 units, and with the extra 1.6-acre addition, an additional 64 units can be built, bringing the total to 298 units. Adjacent to Riverwalk and a proposed downtown waterfront restaurant, the owner plans to develop a +/- 6,000 sqft restaurant in phase II. This assemblage is located in an Opportunity Zone.

Key Highlights

  • Stunning water views on the Manatee River.
  • Multifamily development opportunity on 5.86 acres, expandable to 7.46 acres.
  • Potential for 298 total units (234 in Phase I, plus 64 with expansion).

Property Analytics

Who owns this building? See the owner, sales and loan history
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Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Storage Facility Cafe & Coffee Shop HVAC Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,479
Businesses Nearby

Demographics for 34208, FL

38,522
Population
17,056
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
80%
High-School Grad
16.5 sq mi
ZIP Area
2,335
Density / Sq Mi
$59,899
Median Household Income
$37,489
Median Earnings
$1,409
Median Rent
$303,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Bradenton

Jul
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Frequently Asked Questions

What type of property is this?
Commercial land - 7.46 acres for multifamily development with water views.
Where is this commercial land located?
The property is located at 214 9th St E Bradenton, FL.
What are key features of this property?
This property features: Stunning water views on the Manatee River.; Multifamily development opportunity on 5.86 acres, expandable to 7.46 acres.; Potential for **298 total units** (234 in Phase I, plus 64 with expansion).
(941) 724-2321 Call to check price and availability
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