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6115 E 18th St
Ellenton, FL 34222 Palmetto/Ellenton

$3,995,000 USD

Land For Sale  •  2.5 AC

Property Details

  • Property Type Land
  • Lot Size 2.5 AC
  • Zoning PD-MU (Manatee County)
30 Transit Score
40 Walk Score

Description

Introducing a remarkable development opportunity in the thriving Parrish/Ellenton area – an impressive 2.16-acre site with PD-MU zoning and multiple future land use designations (ROR/CPA/CEA/CHHA/ENT). Boasting a favorable floor area ratio of .92, this property offers the potential to construct a substantial 91,000 sq. ft. building, with up to 5 stories over parking and up to 119 rooms. Making it an ideal prospect for multifamily or hospitality development. The sought-after PD-MU zoning presents a variety of possibilities for mixed-use development, allowing investors to explore diverse options for this prime parcel of land. Positioned in the dynamic Bay area market, this property holds immense potential for those seeking a strategic investment and development opportunities in the fast-growing and in-demand multifamily and hospitality sector.

Highlights

2.16 acre site
PD-MU zoning with multiple future land use designations
FAR of .92
Can build up to 91,000 sq. ft. building
Up to 5 stories over parking
Up to 119 rooms

Public Transportation

AirportDriveWalkDistance
Sarasota/Bradenton International 27 min - 14.2 mi
St Pete-Clearwater International 53 min - 37.5 mi
Benjamin Bakker 941-285-6727 NDC Commercial Real Estate
Benjamin Bakker 941-285-6727 NDC Commercial Real Estate