PRIME LAND Acres Buildable Investment Sarasota Florida
| Start Price |
USD 2,499,000.00 |
| Current Price |
USD 2,499,000.00 |
| Time Left |
- |
| Bid Count |
0 |
| Buy It Now Price |
- |
| Reserve Price |
- |
| Start Time |
Friday, September 19, 2008 |
| End Time |
Sunday, October 19, 2008 |
| Location |
sarasota, FL |
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See more about 'PRIME LAND Acres Buildable Investment Sarasota Florida'
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Description
GREAT INVESTMENT OPPORTUNITY 45 Acre Land Development Site in Manatee County, Florida This property is located in Bradenton, Florida, north of State Road 70 and east of Highway 301, only 4 miles from Downtown Bradenton. Fifteen of the 45 acres already has Preliminary Site Plan Approval for a 40 Home Residential Subdivision. The adjacent 30 acres is still heavily wooded pristine Old Florida (oaks and palms) which has a future land use of 1 home per acre, or could stay as 6 five acre tracts. This is truly the last remaining wooded acreage in this area of Bradenton. There’s approximately 4 acres of the 30 acre tract that is in a PDR (Planned Development Residential) which could allow for a second phase (of the adjacent 15 acre subdivision) to increase density of up to approx.60 total home sites. Property Location 34th Avenue East and 27th Street East Utilities: Water, sewer, electric, cable and paved street available curbside through an inter-neighborhood connector from the Fox Crossing Subdivision. Work Completed: Rezoning, Preliminary Site Plan Approval, Boundary Survey, Appraisal, Soil Testing, Phase I Environmental and complete Traffic Study on the approved subdivision site. Appraised Value: $7,350,000 (completed on 10/2006 by Flagship Bank) Investment Opportunities: Owner will consider, partial land exchange, joint venture, dividing the property, or a 50% investment partner for $1,500,000 or monthly installments to maintain the note. Please that the picture is of Sarasota Beaches, not the property itself.
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