2750 Moccasin Wallow Rd Palmetto, FL 34221
This exceptional 15-acre site, part of the Seaire Master Planned Community in Palmetto, Florida, presents a remarkable multifamily development opportunity. Mass-graded and ready for construction, this property boasts a prime location on Moccasin Wallow Road, less than a mile from I-75. Its strategic position offers easy access to major employment centers, including downtown St. Petersburg, Sarasota, and the Tampa I-75 corridor, all within a 30-minute radius. The site is zoned for up to 400 multifamily units, with utilities already in place and retention ponds established. Adjacent to a Publix-anchored shopping center and across from a planned 94-acre medical facility, this location offers unparalleled convenience and strong potential for high occupancy rates. The property is not subject to HOA or CDD fees; however, proportionate shares of shared access road and retention pond maintenance are required. Access to the Metro Lagoon amenity is optional, with a separate monthly fee. With a maximum building height of 45 feet, this development offers significant flexibility in design. The property encompasses approximately 21 gross acres, with 15 net usable acres available for development. Pricing is available upon request. This is a rare opportunity to acquire a fully prepared site in a thriving, rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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