917 11th St W ct - Commercial LAND FOR SALE


Palmetto, FL 34221- Palmetto/Ellenton359,370 SF
$4,620,000 USD
404-987-6202
917 11th St W ct, Palmetto, FL for Sale
$4,620,000 USD
Commercial LAND - FOR SALE
1/4
359,370 SF

917 11th St W ct
Palmetto, FL 34221
Palmetto/Ellenton


HIGHLIGHTS

  • Multifamily-entitled site allowing up to 371 residential units.
  • Located within the City of Palmetto Community Redevelopment Area.
  • Convenient access to US-41, US-301, and I-275.
  • Walking distance to a Publix-anchored shopping center and daily services.
  • Surrounded by existing and planned residential development activity.

OVERVIEW

917 11th Ave W presents an opportunity to acquire a multifamily development site within the City of Palmetto, one of Manatee County's expanding residential corridors. The ±8.25-acre property is zoned PD-MU (Planned Development Mixed Use) and is positioned for a multifamily development program of up to 371 units, offering scale within a market experiencing continued residential growth and investment activity. Located within the City's Community Redevelopment Area, the site benefits from ongoing redevelopment initiatives and surrounding residential expansion. The property is situated just west of US-41 with convenient access to US-301, I-275, and the broader Tampa Bay region. Its location provides connectivity to major employment centers throughout Tampa, St. Petersburg, Bradenton, and Sarasota while also offering walkable access to a Publix-anchored shopping center, restaurants, retail services, and everyday conveniences. These nearby amenities support the long-term appeal of future residential development and enhance the property's positioning within an established commercial corridor. The site's development potential is complemented by its location within an active growth area of northern Manatee County where new residential projects continue to reshape the market. With redevelopment-area designation, established transportation access, and the ability to accommodate a higher-density multifamily community, the property offers developers and investors an opportunity to deliver a substantial residential project within a well-connected Tampa Bay location. The combination of entitlement potential, regional accessibility, and proximity to retail and service amenities supports a range of multifamily development strategies designed to meet continued housing demand across the area.

FOR SALE DETAILS

PRICE

$4,620,000 USD

PRICE/ACRE

$560,000/AC

PRICE/SF

$13 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

8.25 ac for 371 MF Units in Palmetto

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units, Self-Storage

LAND ACRES

8.25 AC

LAND SF

359,370 SF

OFFSITE IMPROVEMENTS

-

ZONING

PD_MU

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Alex WardEshenbaugh Land CompanyMore Info
404-987-6202

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Alex WardEshenbaugh Land CompanyMore Info
404-987-6202

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