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    214 9Th St Bradenton, FL 34208

    For Sale
    Contact for pricing

    Prime Mixed-Use Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 5.86-acre mixed-use development opportunity in Bradenton, Florida, presents a unique chance to capitalize on a thriving waterfront location. Situated at 214 9th St E, 34208, in Manatee County, this property boasts stunning views of the Manatee River and is ideally positioned adjacent to the Riverwalk and a planned waterfront restaurant. The current zoning designation is Opportunity Zone, offering significant tax advantages. The project is envisioned in phases, with Phase I encompassing a 234-unit multifamily development. A potential expansion of 1.6 acres exists, increasing the total acreage to 7.46 acres and allowing for an additional 64 units, bringing the total to 298 units. Phase II plans include a roughly 6,000 square foot restaurant. This assemblage presents a compelling investment opportunity for developers seeking to create a vibrant, mixed-use community in a prime downtown location. Detailed project information is available upon request.

    Property Features for 214 9Th St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    255,262 SF

    HighLights

    • 5.86‑acre mixed‑use development site in Bradenton, FL, with Manatee River waterfront views.
    • Located at 214 9th St E, Bradenton, FL 34208, adjacent to the Riverwalk and a planned waterfront restaurant.
    • Opportunity Zone designation provides significant tax benefits.
    • Phase I: 234‑unit multifamily development.
    • Potential expansion to 7.46 acres with an additional 64 units (total 298 units).
    • Phase II: Approximately 6,000 square foot restaurant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.554971764036
    Latitude
    27.496724599488

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Mixed-Use Development Opportunity
    Where is this mixed-use property located?
    The property is located at 214 9Th St Bradenton, FL.
    What are key features of this property?
    This property features: 5.86-acre mixed-use development site in Bradenton, FL, with Manatee River waterfront views.; Located at 214 9th St E, Bradenton, FL 34208, adjacent to the Riverwalk and a planned waterfront restaurant.; Opportunity Zone designation provides significant tax benefits.
    (941) 724-2321
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    214 9Th St Bradenton, FL 34208
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    Bradenton, FL 34208
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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
    214 9Th St Bradenton, FL 34208
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