4207 67 - Assisted Livings FOR SALE


Bradenton, FL 34208
$7,800,000 USD
941-961-8199
4207 67, Bradenton, FL for Sale
$7,800,000 USD
Assisted Livings - FOR SALE
1/23
null | Request Cap Rate

4207 67
Bradenton, FL 34208


HIGHLIGHTS

  • Potential to fulfill your vision! Hospitality, Living Facility, School, Medical, Religious, Hotel...
  • Some out of the box potential uses - Casino, Entertainment Complex, Reconfigured Storage or Multifamily
  • There is a strong likelihood that Manatee County will be eager to work with a buyer to bring this property to life.
  • Owners are motivated to review offers. If you have an interest, let's connect and discuss.

OVERVIEW

• Manatee Harmony may be the perfect new home for a Hospital, School, Office Headquarters, Governmental use, Religious Institution, Living Facility or just about any other use, peripheral to those opportunities. • Tours by Appointment Only Dreznin Pappas Commercial Real Estate, LLC (DPCRE) is excited to present an opportunity for the right buyer to acquire Harmony Palms, a promising two-story assisted living facility boasting 90 beds along with a dedicated secured memory care wing. While the construction of this two-story structure remains incomplete, significant progress has been made, with the outer walls, roof, windows, inner wall framework, wiring, and plumbing all fully installed, bringing the building to a 50% completion rate. • Ownership is open to negotiations and will entertain most reasonable offers, seriously. Despite its current state of pause, the construction hiatus stems from non-property-related issues with the previous developer, rendering the asset unoccupied. This unique circumstance presents investors with a rare chance to take charge, finalize the remaining development, and transform this property into a thriving asset, all at a price reflective of its current inactive status. • LUC Description: Vacant Commercial (1555) Zoning: GC - General Commercial District (GC). The purpose of this district is to provide for a variety of retail use and services in free-standing parcels or shopping centers to serve the community's general commercial needs. This district may also facilitate attached dwellings, multifamily residential, and mixed-use (including multi-family residential). Overlays: CEA,CHH,CPA • The vision moving forward offers a plethora of options with a blessing from Manatee County of course. Living Facility Motel / Hotel School Medical usage (Hospital, Long Term care, emergency, etc) Housing Religious • In place data 56 assisted living beds (45 one-bed, 11 two-bed) 34 memory care beds (33 one-bed, 1 two-bed) Square Footage - 45,324 Units - 79 Year Built - 2022 • Future land use - R/O/R (Retail/Office/ Residential) Includes - CON, RSF-3, RSF-4.5, RSF-6, RSF-9, RSMH-6, RVP, RDD-3, RDD-4.5, RMF-6, RMF-9, RMF-12, RMF-16, NC-S, NCM, GC, HC, MX, PR-S, PR-M, MP-I Location Summary • Centrally located on State Route 64 with great access to North/South Interstate, US-301 and US-41. Ease of transportation to amenities, shopping, hospitality and water/beaches. • Only 2.3 miles west of Interstate 75 • Close to Downtown Bradenton, just over the bridge from Palmetto and close to Lakewood Ranch. • Bradenton International Airport is a 20-minute drive

FOR SALE DETAILS

PRICE

$7,800,000 USD

PRICE/SF

$183 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Manatee Harmony at Braden River

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Continuing Care Retirement Com, Hospital, Rehabilitation Center

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.58 AC

LAND SF

112,385 SF

ZONING

GC

APN/PARCEL ID

11266-0135-9

ASK ABOUT THIS PROPERTY

Sean DrezninDreznin Pappas Commercial Real Estate LLCMore Info
941-961-8199

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Sean DrezninDreznin Pappas Commercial Real Estate LLCMore Info
941-961-8199

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.