This is a prime opportunity to acquire a fee-simple, developable lot, offered directly by the City of Bradenton. The property is a vacant land parcel totaling 10,483 square feet (0.2407 acres), strategically situated on the west side of 2nd Street West, just north of 11th Avenue West. The site's zoning is T4-R, General Urban Restricted, with a Future Land Use (FLU) of Urban Village. This desirable high-density zoning is specifically designed for residential infill, allowing for development types such as duplexes, townhomes, or multi-family units up to 2.5 stories. This public offering presents a unique and streamlined path for development, leveraging the City's sale process and T4-R zoning to accelerate the creation of much-needed housing
1108 2ND STREET W, Bradenton, FL, 34205
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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