$1,675,000
Active · 118 days on market · MLS# MFRA4685981
| Lot size | 6.48 acres |
|---|---|
| Property type | Land |
| Waterfront | Yes |
| Annual taxes | $9,565 |
| County | Manatee |
No brainer SFH building site, with in-place zoning. Save yourself lengthy approvals, time wasted, just submit and build. 9/units an acre, 37000 cars a day, dead middle of everything, and an elementary school directly across the street. The property pencils out easily for raw land, comps from nearby housing stock (roughly 10+ years old) selling in the upper 400's. Would also make an solid ALF option to build. A nice bonus, the property has 7 total rentals at current. They produce roughly $5000/mo in Gross income to help offset any holding/horizontal costs along the way. No other parcel of this size exists this far west, no new construction to compete with. UPDATE!!! Now the neighboring 6 acres available as well, inquire for info.
Listing courtesy of Jason Skowronski, COMPASS FLORIDA LLC. Presented by MC Homes Realty Inc · 727432218.