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East Palmetto Development Opportunity
For Sale
$650,000

3002 16TH AVENUE E, Palmetto, FL 34221

10-acre parcel for low-density residential development.

Property SizeContact for details
Lot Size10.00 Acres
Days on Market382

Property Features for 3002 16TH AVENUE E

General Information

Standard status Active
Lot size 10.00 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1,618

Amenities

Pool
Public Pool
Electrical Nearby
Listing Agency: KELLER WILLIAMS ON THE WATER
Listed By: JOSE TORRES · License #3448736
Source: Corcoran
Added: Jul 27, 2025 Changed: Aug 8 Last Checked: Jul 16 at 6:20AM

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 KELLER WILLIAMS ON THE WATER

Investment Insights

Based on property information with market context.

This 10-acre parcel in East Palmetto, located just north of 301N/10th Street, presents a development opportunity. The property has a Future Land Use designation of RES-3, suitable for low-density residential development, subject to county approvals. The land is currently unimproved and not subdivided. There are no utilities present on the site. A portion of the land includes wetlands. The property is sold As-Is, and the buyer is responsible for performing all due diligence. A preliminary environmental walkthrough is available upon request.

Key Highlights

  • 10‑acre parcel: Substantial land size suitable for development.
  • East Palmetto location: Situated in a desirable area north of 301N/10th Street.
  • RES‑3 future land use: Designated for low‑density residential development.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Law Firm Hair Salon Spa & Massage Center HVAC Service Parking Lot & Garage

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

52
Businesses Nearby

Demographics for 34221, FL

48,082
Population
24,812
Households
1.9
Avg Household Size
45
Median Age
28%
College-Educated
91%
High-School Grad
53.9 sq mi
ZIP Area
892
Density / Sq Mi
$74,314
Median Household Income
$40,072
Median Earnings
$1,459
Median Rent
$298,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 10-acre parcel for low-density residential development.
Where is this residential land & home lot located?
The property is located at 3002 16TH AVENUE E Palmetto, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 10‑acre parcel: Substantial land size suitable for development.; East Palmetto location: Situated in a desirable area north of 301N/10th Street.; RES‑3 future land use: Designated for low‑density residential development.
More about this property
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