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Attention builders, developers, and investors—this is a rare opportunity to acquire a highly visible development site at the gateway to the fast-growing City of Palmetto. This expansive 2. 57-acre vacant parcel features approximately 219 feet of frontage along high-traffic US 41 South and an approximate depth of 491 feet (MOL), offering exceptional exposure and easy access along one of the area’s primary north-south corridors.
The property is zoned A-1 and NC-M, providing excellent flexibility for a variety of potential uses, including residential, commercial, or mixed-use development (subject to local approvals). Its strategic location at the entrance to Palmetto makes it ideal for projects such as neighborhood retail, professional offices, mixed-use concepts, or future residential development designed to serve the city’s expanding population.
Surrounded by ongoing growth and development, this site benefits from strong daily traffic counts, high visibility, and proximity to established and emerging neighborhoods. Conveniently located just minutes from downtown Palmetto, with quick access to Bradenton, I-275, and the Sunshine Skyway Bridge, the property offers excellent regional connectivity throughout Manatee County and the greater Tampa Bay area.
Owner financing is available, making this an attractive opportunity for developers and investors looking to secure a prime location with significant long-term growth potential before land values rise further.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$900,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $720,000 | $720,000 | $720,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.235% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,202 | $4,375 | $6,076 |
| Total Monthly Payment | $4,294 | $4,467 | $6,168 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.