Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Lot Size: | 1.5 Acres |
Financials
Price:$6,750,000
Annual Taxes:$1,978
Listing Courtesy of DOUGLAS ELLIMAN
Waterfront Development Opportunity on Palma Sola Bay 1.
Description
Waterfront Development Opportunity on Palma Sola Bay | 1.47± Acres | Marina & Boating Potential
Rare waterfront development opportunity offering approximately 1.47± acres directly on Palma Sola Bay with potential marina and boating access opportunities (subject to approvals). Property is zoned R-3 High Density Multi-Family, which may allow up to 22 residential units and building heights up to 45 feet (3–4 stories), subject to buyer verification and governmental approvals.
The property may be suitable for multiple residential development concepts, including waterfront residences, boutique condominiums, townhomes, or a private boating-oriented enclave. Conceptual plans have explored approximately 8 waterfront homes ranging from roughly 3,000–3,500 SF with opportunities for private pools, rooftop terraces, and marina access, subject to approvals.
Located along Manatee Avenue West, just minutes from Anna Maria Island beaches, waterfront dining, shopping, and Gulf Coast attractions. Boaters may enjoy convenient access to the Intracoastal Waterway and Gulf of Mexico.
Buyer to verify all zoning, density, marina approvals, environmental conditions, development feasibility, and intended use.
Amenities
- Canal Saltwater
- City Limits
- Other
- Water
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.