Land•Other•For Sale

Ellenton Waterfront Development Site

4905 US Highway 301 North, Ellenton, Florida 34222

Sale Price $2,495,000
Sale Type Development
Zoning Zoning: Residential Single Family-6 (RSF-6) | Future Land Use: Residential Office Retail (ROR)
Land Area 3.06 Acres
This 3.06+/- acre waterfront development site is located on US-301 in Ellenton, just a half mile west of Interstate 75. The site boasts gorgeous views of the Manatee River and has great access from I-75. Within the current zoning designation of Residential Single Family-6, waterfront single-family home lots could be developed. The property has a future land Use of Residential Office Retail, so it could also be rezoned to a multitude of uses, including retail, restaurants, up to 48 condominium units, hotels, etc. The owners are currently taking the property through Planning & Zoning for 110 hotel rooms. There are only three hotels servicing the entire North River market (Hampton Inn, Red Roof Inn and Super 8) and tourism continues to be one of the main draws to the region with over 3 million visitors in Manatee County in 2018 who spent over 800 million dollars. This gorgeous waterfront development site is located on US-301 in Ellenton, Florida, just a half mile from Interstate 75. This area of northern Manatee County is experiencing significant growth, with 23,000+ new homes proposed or under construction. This property is located just a minute from the Ellenton Outlet Mall with over 4 million visitors annually and Benderson Development's new Florida International Tradeport, a 1,000,000+ SF distribution/warehouse facility. Located just a short drive to the beautiful Gulf Beaches, Bradenton, Sarasota, St. Petersburg and Tampa, this area continues to be attractive to visitors from around the world. Over 3 million people visited Manatee County in 2018 and spent over 800 million dollars. Overall lodging statistics for Manatee County in 2018 showed an Occupancy Rate of 68.7% and an Average Daily Rate of $174.7. SRQ International Airport continues to set all-time records for passenger traffic with year-to-date numbers up 40 percent over 2018 through September 2019. The Manatee County area is home to Anna Maria Island, IMG Academy, Pittsburgh Pirates Spring Training, Lakewood Ranch (the number 2 selling master-planned community in the country) and The Mall at University Town Center.
  • Gorgeous waterfront development site with direct access to the Manatee River and frontage on US-301
  • Just a half mile West of Interstate 75
  • Owners are taking the property through Planning & Zoning for a 110-room hotel
  • Significant commercial and residential development in the North River market of Manatee County
10/24/2019 10:08:40 PM 1/23/2020 3:51:47 PM
Tony Veldkamp, CCIM
Senior Advisor
SVN | Commercial Advisory Group


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