4511 BAY CLUB DR, BRADENTON, FL, 34210
$5,950,000
Land
Lot Size
292,723 Sqft
Located in Southwest Bradenton, this exceptional 6.72 +/- acre former tennis center is available for luxury residential redevelopment. This opportunity is one of the last in the area with a potential water view of Sarasota Bay, offering a prime location to develop a luxury residential community with top-notch amenities and state-of-the-art living space. The Future Land Use (FLU) designation, RES-16, allows for the possibility of up to 107 units, and the owners are currently pursuing a rezoning to Planned Development Residential (PD-R) to utilize the potential density. This site is highly sought after due to its proximity to Cortez Road, US-41, IMG Academy, retail centers, and Sarasota-Bradenton International Airport. The frontage on El Conquistador Parkway, with traffic counts of 12,300 average vehicles per day, serves to naturally promote this property following development. The residential market in Manatee County for townhomes and condos has remained relatively steady over the past year, with an average sale price of $401,051. Most closed sales have occurred between the $300,000 and $600,000 with the expectation that this site will surpass that range due to its location and potential water views. Proposed access to the site is via two access points off Bay Club Drive and a third emergency access via El Conquistador Parkway. Public utilities to the site are available via water and sewer lines located along El Conquistador Parkway. Buyer must verify legal access for their proposed development as well as water and sewer capacity with Manatee County during the inspection phase.
Property Details
Property Features Property Features
MLS ID: MFRA4632430 Year Built:
Country: US Current Use: Residential
Direction Faces: North Listing Agreement: Exclusive Right To Sell
Property Type: Land Road Surface Type: Asphalt
Sewer: Public Sewer Showing Requirements: Call Listing Agent
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Sewer Available, Water Available
Water Source: Public
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