Large vacant lot located in the City of Bradenton (134x130) cleared and available now! Located just minutes to downtown Bradenton. This property is zoned T4R/General Urban restricted which means you can build 10 multi-family units per acre. This property has existing plans for 5 family town-homes each with 3B/2B with private garage with 1841 sq. ft under AC and 2446 total sq. ft. Create your own or use the existing plans! This property also qualifies for moderate income housing units(Affordable housing)which could bring the density to 8 total units. This property is also located in "The Opportunity Zone Program" which aims to foster economic development and job creation in economically distressed communities. Taxes are reduced on capital gains held in Qualified Opportunity Zone Funds for certain lengths of time; for investments held for 5-years, the cost basis for tax purposes is increased by 10% and for investments held for 7 years, the cost basis increases an additional 5%; The rolled over capital gain appreciates tax-free if the investment in the Qualified Opportunity Zone Fund is held for 10 years or longer.
Electrical Nearby, Sewer Nearby, Water Nearby
Listing information courtesy of Re/max Alliance Group.
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.
Listing information last updated on April 5th, 2020 at 4:00pm EDT.