$5,950,000
For Sale

4511 BAY CLUB DRIVE

Bradenton, FL 34210
Browse 6 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

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
      • Utility FeaturesSewer Available, Water Available
      • SubdivisionACREAGE & UNREC
      • Sewer InformationPublic Sewer
      • Original List Price$5,950,000
      • Property TypePurchase
      • MLS #A4632430
      • MLS #A4632430
      • CountyManatee
      • Taxes Annual$17,749
      • Cost5950000
      • Utility SourcePublic
      • Acres6.72
      • Property SubtypeLand
      • Days on Market (Cumulative)8

Location

Alfonso Gonzalez | People's Choice Realty Services LLC Real Estate Group
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6.0%

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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