825 E 3rd Ave - Bradenton Riverfront Development Site
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This ±1.28-acre parcel fronts 3rd Avenue East just steps from the Manatee River and Riverwalk, anchoring the western edge of the assemblage. At a density of roughly 40 units per acre, the site supports approximately 51 multifamily units as part of a larger riverfront redevelopment.
A fantastic opportunity for a multifamily development with stunning water views on the Manatee River. The current assemblage covers 5.86 acres, with the potential to expand by an additional 1.6 acres, making it a total of 7.46 acres. This development is planned in phases and may include commercial retail spaces. Phase I is set to feature 234 units, and with the extra 1.6-acre addition, an additional 64 units can be built, bringing the total to 298 units. Adjacent to Riverwalk and a proposed downtown waterfront restaurant, the owner plans to develop a +/- 6,000 sqft restaurant in phase II. This assemblage is located in an Opportunity Zone.
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