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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2000
Building Area Net
Land Area Net ()

Asset Description

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present an exceptional opportunity to acquire Back Bay Preserve (the “Property” or “Site”), a rare waterfront +/- 6.81-acre development site located in Bradenton, Florida at the confluence of the Braden and Manatee rivers, offering dazzling western-facing views and the best of the Florida lifestyle.

 

With zoning in place for the development of 102 multi-family units, a developer has the ability to deliver a condominium or apartment project that is surely to be one of the most sought-after communities in a market that is among the fastest-growing in the entire country. Meanwhile, the Site's unique waterfront location and prime frontage along a major east-west thoroughfare make it an ideal candidate for other uses such as senior housing, hotel, or commercial, which can be accomplished through a rezoning and land use change.

Investment Highlights

  • Unmatched waterfront location with 950 feet of frontage along the Braden River
  • Zoning in place to allow for up to 102 units at a maximum height of 45 feet
  • Prime visibility along State Road 64, a major east-west thoroughfare with 48,000 AADT
  • Outstanding area demographics with the average household income within one mile at nearly $110,000
  • Bradenton/Sarasota ranked as the “Best Place to Live in Florida” by the U.S. News & World Report


Last Updated Date: 02 Feb 2022

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Last Updated Date: 02 Feb 2022

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