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**Waterfront Paradise Awaits in Coveted Palmetto Location** Discover the lifestyle you've been dreaming of in this stunning five-bedroom, four-bathroom residence that seamlessly blends indoor luxury with outdoor living at its finest. Nestled along the picturesque Manatee River, this expansive home offers breathtaking waterfront views that will make every morning feel like a vacation. Step inside to find a thoughtfully updated interior spanning over 3,500 square feet of living space. The refreshed kitchen, beautifully renovated bathrooms, and inviting family room showcase meticulous attention to detail. New flooring flows throughout, while elegant window shutters, modern ceiling fans, and stylish light fixtures create an atmosphere of refined comfort. A decorative fireplace adds character to your gatherings, and fresh paint throughout gives everything a crisp, move-in-ready feel. The outdoor spaces truly steal the show here. Your private oasis features a gleaming marble pool deck, a fully-equipped outdoor kitchen perfect for entertaining, and not one but two lanais—all connected by a whole-house speaker system for effortless ambiance. The newly designed circular driveway and professional lighting elevate the curb appeal to impressive heights. Practical features abound, including a climate-controlled three-car garage and a powerful whole-house generator for peace of mind during Florida's unpredictable weather. Water enthusiasts will appreciate the option to purchase a sixty-five-foot boat slip separately. The neighborhood places you moments from Riviera Dunes Marina and the Bradenton Area Convention Center, offering endless entertainment and recreation options. Your waterfront retreat awaits—schedule your private showing today! Chandelier above breakfast table is excluded from sale.

5 Beds ⋅ 4 Baths ⋅ Peninsula At Riviera Dunes SubDv. ⋅ 34221 Zip Code

**Waterfront Paradise Awaits in Coveted Palmetto Location** Discover the lifestyle you've been dreaming of in this stunning five-bedroom, four-bathroom residence that seamlessly blends indoor luxury with outdoor living at its finest. Nestled along the picturesque Manatee River, this expansive home offers breathtaking waterfront views that will make every morning feel like a vacation. Step inside to find a thoughtfully updated interior spanning over 3,500 square feet of living space. The refreshed kitchen, beautifully renovated bathrooms, and inviting family room showcase meticulous attention to detail. New flooring flows throughout, while elegant window shutters, modern ceiling fans, and stylish light fixtures create an atmosphere of refined comfort. A decorative fireplace adds character to your gatherings, and fresh paint throughout gives everything a crisp, move-in-ready feel. The outdoor spaces truly steal the show here. Your private oasis features a gleaming marble pool deck, a fully-equipped outdoor kitchen perfect for entertaining, and not one but two lanais—all connected by a whole-house speaker system for effortless ambiance. The newly designed circular driveway and professional lighting elevate the curb appeal to impressive heights. Practical features abound, including a climate-controlled three-car garage and a powerful whole-house generator for peace of mind during Florida's unpredictable weather. Water enthusiasts will appreciate the option to purchase a sixty-five-foot boat slip separately. The neighborhood places you moments from Riviera Dunes Marina and the Bradenton Area Convention Center, offering endless entertainment and recreation options. Your waterfront retreat awaits—schedule your private showing today! Chandelier above breakfast table is excluded from sale.

120 12th Avenue E, Palmetto

$3,400,000

Some homes simply feel different the moment you arrive—and this Palmetto home is one of them. Designed for comfortable everyday living and memorable gatherings, it offers generous private spaces, quality construction, and uninterrupted sunset views that turn an ordinary evening at home into something special. Inside, wood floors create a warm, welcoming feel throughout most of the home, with durable tile in the laundry room and one additional room. The main-level primary suite includes a private office, giving you a peaceful place to work, read, or unwind. A second ensuite bedroom downstairs provides added privacy for overnight guests. Upstairs, every bedroom has its own private bathroom, so no one has to compete for space. An additional office or flex room can easily become a media room, second living area, hobby space, or home gym. At the heart of the home is a kitchen made for gathering, complete with quartz countertops, stainless steel appliances, a gas stove, and a walk-in pantry. Just outside, the outdoor kitchen sets the scene for weekend barbecues, dinners with friends, and quiet evenings spent watching the Florida sky light up at sunset. The thoughtful details continue behind the scenes. The home is built on a concrete stem wall foundation with a TJI floor system and includes a 38kW whole-home Generac generator installed in 2023. It is capable of powering the entire home and is protected by a transferable extended warranty through June 2030. A 500-gallon owned propane tank, two gas tankless water heaters, and a gas dryer hookup add convenience, efficiency, and peace of mind. This is more than a home with plenty of space. It’s a place where everyone can have a little privacy, still come together when it matters, and end each day with a sunset you may never get tired of.

4 Beds ⋅ 5 Baths ⋅ Alexanders Resub SubDv. ⋅ 34221 Zip Code

Some homes simply feel different the moment you arrive—and this Palmetto home is one of them. Designed for comfortable everyday living and memorable gatherings, it offers generous private spaces, quality construction, and uninterrupted sunset views that turn an ordinary evening at home into something special. Inside, wood floors create a warm, welcoming feel throughout most of the home, with durable tile in the laundry room and one additional room. The main-level primary suite includes a private office, giving you a peaceful place to work, read, or unwind. A second ensuite bedroom downstairs provides added privacy for overnight guests. Upstairs, every bedroom has its own private bathroom, so no one has to compete for space. An additional office or flex room can easily become a media room, second living area, hobby space, or home gym. At the heart of the home is a kitchen made for gathering, complete with quartz countertops, stainless steel appliances, a gas stove, and a walk-in pantry. Just outside, the outdoor kitchen sets the scene for weekend barbecues, dinners with friends, and quiet evenings spent watching the Florida sky light up at sunset. The thoughtful details continue behind the scenes. The home is built on a concrete stem wall foundation with a TJI floor system and includes a 38kW whole-home Generac generator installed in 2023. It is capable of powering the entire home and is protected by a transferable extended warranty through June 2030. A 500-gallon owned propane tank, two gas tankless water heaters, and a gas dryer hookup add convenience, efficiency, and peace of mind. This is more than a home with plenty of space. It’s a place where everyone can have a little privacy, still come together when it matters, and end each day with a sunset you may never get tired of.

2207 5th Street W, Palmetto

$1,400,000

Room to roam, space for your passions, and country living within easy reach of it all. Set on approximately 2.22 acres with agricultural zoning, 5204 69th Street East in Palmetto brings together a distinctive combination of open space, practical amenities, and thoughtfully maintained comfort. Bring the boat, park the RV, and imagine the possibilities. With room for trailers, equipment, and recreational toys, this property offers flexibility that a traditional neighborhood lot simply cannot match. Two existing RV hookups add convenience, while a 12 x 32 shed on a concrete slab provides valuable storage or space for your next project. The acreage also offers potential for a barn or similar structure, subject to applicable approvals. Outdoor living is a highlight here. Enjoy a quiet morning on the screened front porch, spend the afternoon beside the above-ground pool installed partially in-ground, or gather with friends on the expansive rear lanai, measuring approximately 30 x 26 feet. From everyday relaxation to weekend entertaining, there is room to spread out and make yourself at home. Inside, tile flooring throughout offers easy upkeep, complemented by thoughtful features including hurricane-rated windows rated up to 150 mph, Icynene attic insulation, and an irrigated front lawn. Agricultural zoning adds versatility, with residential and other allowable uses subject to county requirements. Convenient access to Interstate 75 keeps commuting and regional travel within reach while preserving the appeal of a peaceful rural setting. Space to enjoy today. Possibilities to grow into tomorrow. Discover a property that gives you room to create the lifestyle you have been looking for.

3 Beds ⋅ 2 Baths ⋅ Erie Rd/Mendoza/Mocassin Wallow SubDv. ⋅ 34221 Zip Code

Room to roam, space for your passions, and country living within easy reach of it all. Set on approximately 2.22 acres with agricultural zoning, 5204 69th Street East in Palmetto brings together a distinctive combination of open space, practical amenities, and thoughtfully maintained comfort. Bring the boat, park the RV, and imagine the possibilities. With room for trailers, equipment, and recreational toys, this property offers flexibility that a traditional neighborhood lot simply cannot match. Two existing RV hookups add convenience, while a 12 x 32 shed on a concrete slab provides valuable storage or space for your next project. The acreage also offers potential for a barn or similar structure, subject to applicable approvals. Outdoor living is a highlight here. Enjoy a quiet morning on the screened front porch, spend the afternoon beside the above-ground pool installed partially in-ground, or gather with friends on the expansive rear lanai, measuring approximately 30 x 26 feet. From everyday relaxation to weekend entertaining, there is room to spread out and make yourself at home. Inside, tile flooring throughout offers easy upkeep, complemented by thoughtful features including hurricane-rated windows rated up to 150 mph, Icynene attic insulation, and an irrigated front lawn. Agricultural zoning adds versatility, with residential and other allowable uses subject to county requirements. Convenient access to Interstate 75 keeps commuting and regional travel within reach while preserving the appeal of a peaceful rural setting. Space to enjoy today. Possibilities to grow into tomorrow. Discover a property that gives you room to create the lifestyle you have been looking for.

5204 69th Street E, Palmetto

$1,375,000

Welcome to WaterSide at Sanctuary Cove. This Brilliant new WATERFRONT subdivision is located in the charming community of Palmetto. Surrounded by natural preserves and the waterways of Terra Ceia Bay, the Manatee River and the Gulf of Mexico, this jewel also includes a sweet Historic Downtown shopping and dining district and access to major thoroughfares leading to St. Petersburg, Bradenton, Sarasota and Tampa. This New Construction Energy Star home has Three Bedroom Suites, an office AND a Media Room. The open concept floorplan combines the large living area with gas fireplace, a gourmet kitchen with breakfast bar and an elegant dining room – all overlooking the peaceful waters of the marina basin. The waterfront Primary Suite has an ensuite bath with two vanities, private water closet, a stunning walk-in shower and a huge custom closet. Each of the guest suites have ensuite baths and custom closets. The kitchen has gorgeous café appliances; natural gas range, island sink and dishwasher, refrigerator, a built-in under-counter microwave and wine chiller. The powder bath and a large laundry room are on either side of the kitchen. Florida living is all about the outdoor space. This home has a covered lanai with al fresco kitchen making entertaining a dream. The gated community of Sanctuary Cove includes a Private Beach and Barbecue area along the River, Waterfront Pool and Clubhouse with fitness center, game room and gathering rooms. The channel lock from the marina to the river keeps the water level in the cove consistent, while allowing vessels access to the Manatee River and the Gulf. Plans available for Private Pool and Dock.

3 Beds ⋅ 4 Baths ⋅ Ellenton Commercial Sub SubDv. ⋅ 34221 Zip Code

Welcome to WaterSide at Sanctuary Cove. This Brilliant new WATERFRONT subdivision is located in the charming community of Palmetto. Surrounded by natural preserves and the waterways of Terra Ceia Bay, the Manatee River and the Gulf of Mexico, this jewel also includes a sweet Historic Downtown shopping and dining district and access to major thoroughfares leading to St. Petersburg, Bradenton, Sarasota and Tampa. This New Construction Energy Star home has Three Bedroom Suites, an office AND a Media Room. The open concept floorplan combines the large living area with gas fireplace, a gourmet kitchen with breakfast bar and an elegant dining room – all overlooking the peaceful waters of the marina basin. The waterfront Primary Suite has an ensuite bath with two vanities, private water closet, a stunning walk-in shower and a huge custom closet. Each of the guest suites have ensuite baths and custom closets. The kitchen has gorgeous café appliances; natural gas range, island sink and dishwasher, refrigerator, a built-in under-counter microwave and wine chiller. The powder bath and a large laundry room are on either side of the kitchen. Florida living is all about the outdoor space. This home has a covered lanai with al fresco kitchen making entertaining a dream. The gated community of Sanctuary Cove includes a Private Beach and Barbecue area along the River, Waterfront Pool and Clubhouse with fitness center, game room and gathering rooms. The channel lock from the marina to the river keeps the water level in the cove consistent, while allowing vessels access to the Manatee River and the Gulf. Plans available for Private Pool and Dock.

1810 4th Street E, Palmetto

$1,250,000

Experience breathtaking views and luxury Florida living in this 3-bedroom, 3.5-bath waterfront home located in the desirable West Palmetto area. With over 4,600 square feet of open living space, this residence showcases panoramic water views from nearly every room and offers the perfect blend of comfort, elegance, and functionality. Boaters will love the large private dock with a 10,000 lb lift and deep-water access leading directly to the Manatee River, Tampa Bay, and the Gulf of Mexico. The highlight of the home is its rare indoor heated saltwater pool and sauna, providing a true year-round retreat for relaxation and entertaining. Inside, enjoy high ceilings, an updated modern kitchen with premium appliances, marble countertops, and a large island that connects seamlessly to the living and dining spaces. while the primary suite captures stunning water views and offers a luxurious experience. Set on a beautifully positioned lot with incredible sunrise and sunset vistas, this property combines privacy, convenience, and resort-style living—all just minutes from marinas, waterfront dining, and nearby cultural attractions. A true waterfront gem—move-in ready and one of a kind!

3 Beds ⋅ 4 Baths ⋅ Burkes Sub SubDv. ⋅ 34221 Zip Code

Experience breathtaking views and luxury Florida living in this 3-bedroom, 3.5-bath waterfront home located in the desirable West Palmetto area. With over 4,600 square feet of open living space, this residence showcases panoramic water views from nearly every room and offers the perfect blend of comfort, elegance, and functionality. Boaters will love the large private dock with a 10,000 lb lift and deep-water access leading directly to the Manatee River, Tampa Bay, and the Gulf of Mexico. The highlight of the home is its rare indoor heated saltwater pool and sauna, providing a true year-round retreat for relaxation and entertaining. Inside, enjoy high ceilings, an updated modern kitchen with premium appliances, marble countertops, and a large island that connects seamlessly to the living and dining spaces. while the primary suite captures stunning water views and offers a luxurious experience. Set on a beautifully positioned lot with incredible sunrise and sunset vistas, this property combines privacy, convenience, and resort-style living—all just minutes from marinas, waterfront dining, and nearby cultural attractions. A true waterfront gem—move-in ready and one of a kind!

1905 4th Street W, Palmetto

$1,549,900

Pre-Construction. To be built. Build the home you’ve always envisioned in one of Florida’s premier luxury waterfront gated communities. Photos shown are of a sample home to illustrate the quality and possibilities of what could be built on this exceptional lot. This is one of the last remaining lots available in the exclusive waterfront boating community of Water's Edge in Sanctuary Cove. Pick any builder you like and custom build the home of your dreams in this serene atmosphere surrounded by lush landscapes and charming wildlife. Take a short stroll over to the south marina where boat slips are available for purchase and can accommodate up to a 35' boat. Live like you are on permanent vacation with access to the 8,600 square foot resort center featuring a fitness center, game room, activity room and resort style waterfront pool & spa. Private riverfront Beach w/kayaking, paddle boarding, picnic & grill area. Water’s Edge is in a perfect location for commuters and boaters alike! This secure gated community is only 4.5 miles to downtown Bradenton, 19 miles to St. Petersburg and 14 miles to Sarasota Airport. All home plans must go through ARC approval and you will see a diverse offering of home styles from coastal chic to classic mediterranean and stylish modern. Minimum home size requirement of 3,000 sq. ft. under air. Conveniently located near shopping, dining, and entertainment options, you'll enjoy the best of both worlds—peaceful riverfront living and easy access to local amenities. Don’t miss the boat on this incredible opportunity to create your waterfront oasis! Please note - photos are of a similar model for representation purposes only. Lot offered at $325,000 -boat slips available.

4 Beds ⋅ 5 Baths ⋅ Sanctuary Cove SubDv. ⋅ 34221 Zip Code

Pre-Construction. To be built. Build the home you’ve always envisioned in one of Florida’s premier luxury waterfront gated communities. Photos shown are of a sample home to illustrate the quality and possibilities of what could be built on this exceptional lot. This is one of the last remaining lots available in the exclusive waterfront boating community of Water's Edge in Sanctuary Cove. Pick any builder you like and custom build the home of your dreams in this serene atmosphere surrounded by lush landscapes and charming wildlife. Take a short stroll over to the south marina where boat slips are available for purchase and can accommodate up to a 35' boat. Live like you are on permanent vacation with access to the 8,600 square foot resort center featuring a fitness center, game room, activity room and resort style waterfront pool & spa. Private riverfront Beach w/kayaking, paddle boarding, picnic & grill area. Water’s Edge is in a perfect location for commuters and boaters alike! This secure gated community is only 4.5 miles to downtown Bradenton, 19 miles to St. Petersburg and 14 miles to Sarasota Airport. All home plans must go through ARC approval and you will see a diverse offering of home styles from coastal chic to classic mediterranean and stylish modern. Minimum home size requirement of 3,000 sq. ft. under air. Conveniently located near shopping, dining, and entertainment options, you'll enjoy the best of both worlds—peaceful riverfront living and easy access to local amenities. Don’t miss the boat on this incredible opportunity to create your waterfront oasis! Please note - photos are of a similar model for representation purposes only. Lot offered at $325,000 -boat slips available.

1606 4th Street E, Palmetto

$3,600,000

This 9-acre site offers a highly versatile development opportunity with a wide range of allowable uses, including retail, office, medical, hospitality, automotive, and storage. The size of the property allows for larger projects or subdivision for multiple users, providing flexibility for investors and developers to meet diverse market demand in a strong commercial corridor. The seller is providing owner financing, creating an attractive opportunity for buyers and investors seeking flexible purchase terms.

Palmetto Skyway SubDv. ⋅ 34221 Zip Code

This 9-acre site offers a highly versatile development opportunity with a wide range of allowable uses, including retail, office, medical, hospitality, automotive, and storage. The size of the property allows for larger projects or subdivision for multiple users, providing flexibility for investors and developers to meet diverse market demand in a strong commercial corridor. The seller is providing owner financing, creating an attractive opportunity for buyers and investors seeking flexible purchase terms.

3945 Us-41 N, Palmetto

$4,499,000

Over 9,000 square feet of Furnished and Decorated Gulf-access waterfront living; an exceptional boating estate along Florida’s Gulf Coast. Set on over half an acre in historic Palmetto, just minutes across the bridge from vibrant Downtown Bradenton, this remarkable property offers deep, navigable water, a private dock, and a 13,000-lb boat lift providing direct access to Tampa Bay and the Gulf of Mexico; ideal for boating, waterfront dining, and spectacular sunset cruises. This high-and-dry residence has never experienced water intrusion from any storm and includes transferable flood insurance currently under $5,000/year, offering valuable peace of mind for waterfront ownership. Inside, refined coastal design unfolds across more than 9,000 square feet of living space, now offered fully furnished with curated furnishings and artwork (with a few exclusions) for a seamless move-in experience. The chef’s kitchen is designed for both entertaining and everyday living and features Sub-Zero refrigeration, Wolf gas cooking, double ovens, dual Miele dishwashers, built-in Miele coffee system, warming drawer, prep sink, ice maker, and generous workspace. Expansive living areas flow effortlessly to outdoor entertaining spaces where a resort-style pool and spa, outdoor kitchen with a new premium grill, gas fire features, and panoramic waterfront views create the perfect setting for relaxing or hosting guests. Additional highlights include a temperature-controlled wine cellar, billiards and bar room, private theater with projector system, exercise room, library/office, and convenient ground-level elevator access. The main-level primary suite offers spa-inspired comfort with direct access to outdoor living, while each additional bedroom features its own private en-suite retreat. The home also includes two full laundry rooms, ideal for larger households or extended-stay guests. Smart-home enhancements include Ring security, Alexa-enabled lighting, whole-home stereo, integrated central vacuum, solar-assisted water heaters, enhanced exterior door locks, and a Tesla EV charger. A brand-new tile roof (2025) further enhances durability and long-term value. With deep-water boating access, expansive sunset views, fully furnished living spaces, and proximity to marinas, dining, parks, and the charm of historic Palmetto, this remarkable estate delivers luxury coastal living on an impressive scale.

4 Beds ⋅ 8 Baths ⋅ Richards Subdivision SubDv. ⋅ 34221 Zip Code

Over 9,000 square feet of Furnished and Decorated Gulf-access waterfront living; an exceptional boating estate along Florida’s Gulf Coast. Set on over half an acre in historic Palmetto, just minutes across the bridge from vibrant Downtown Bradenton, this remarkable property offers deep, navigable water, a private dock, and a 13,000-lb boat lift providing direct access to Tampa Bay and the Gulf of Mexico; ideal for boating, waterfront dining, and spectacular sunset cruises. This high-and-dry residence has never experienced water intrusion from any storm and includes transferable flood insurance currently under $5,000/year, offering valuable peace of mind for waterfront ownership. Inside, refined coastal design unfolds across more than 9,000 square feet of living space, now offered fully furnished with curated furnishings and artwork (with a few exclusions) for a seamless move-in experience. The chef’s kitchen is designed for both entertaining and everyday living and features Sub-Zero refrigeration, Wolf gas cooking, double ovens, dual Miele dishwashers, built-in Miele coffee system, warming drawer, prep sink, ice maker, and generous workspace. Expansive living areas flow effortlessly to outdoor entertaining spaces where a resort-style pool and spa, outdoor kitchen with a new premium grill, gas fire features, and panoramic waterfront views create the perfect setting for relaxing or hosting guests. Additional highlights include a temperature-controlled wine cellar, billiards and bar room, private theater with projector system, exercise room, library/office, and convenient ground-level elevator access. The main-level primary suite offers spa-inspired comfort with direct access to outdoor living, while each additional bedroom features its own private en-suite retreat. The home also includes two full laundry rooms, ideal for larger households or extended-stay guests. Smart-home enhancements include Ring security, Alexa-enabled lighting, whole-home stereo, integrated central vacuum, solar-assisted water heaters, enhanced exterior door locks, and a Tesla EV charger. A brand-new tile roof (2025) further enhances durability and long-term value. With deep-water boating access, expansive sunset views, fully furnished living spaces, and proximity to marinas, dining, parks, and the charm of historic Palmetto, this remarkable estate delivers luxury coastal living on an impressive scale.

2107 4th Street Court W, Palmetto

$3,500,000

Under contract-accepting backup offers. This gorgeous mixed-use development site is situated in the heart of Palmetto, Florida, just steps from the Manatee River. It is minutes from pristine white-sand beaches, cultural destinations, entertainment and shopping. The property is located directly adjacent to ItWorks! corporate headquarters with over 200 employees and across the street from Regatta Pointe Marina, restaurants and shops. This 3.4+/- acre development site is prime for development that could include a boutique hotel, multifamily, office space or residential condominiums with ground floor or adjacent retail and restaurants, all with water views. Due to the site's proximity to the public boat ramp, the CRA is requiring that a developer design and construct boat trailer parking on a portion of the site to accommodate approximately 20-30 boat trailer spaces.The net developable area will end up being approximately 2.5 - 3 acres. Due to the current split zoning on the property, the Expectation is that a rezone to Planned Development Multi-Use (PD-MU) will be required. Residential density on the site has been increased to 153 units through a recently completed City- initiated Comprehensive Plan Amendment that changed the Future Land Use (FLU) to Planned Community (PC). The City of Palmetto and the Palmetto Community Redevelopment Agency are encouraging development in the Downtown Core by incentivizing projects that bring more activity to the area and accentuate this tremendous waterfront location. Development Incentives may amount to 8-12% of the total development cost paid back to the Developer (City Commission has ultimate discretion on Incentives). **PURCHASE REQUIREMENTS - PLEASE NOTE THAT THE PURCHASE OF THIS PROPERTY IS SUBJECT TO THE FOLLOWING REQUIREMENTS AND STIPULATIONS: * Developer must submit proposal that includes Letter of Intent, Conceptual Plan, and Development Proforma in order to be considered. * Approval of the Development Concept by the Palmetto Redevelopment Agency and City Council prior to contract execution, with requirements of Buyer to fulfill development obligations. * Developer is responsible for constructing boat trailer parking on a portion of the site to accommodate approximately 20-30 boat trailer spaces for future public use. *If a residential project is proposed, a mixed use component of retail, restaurant, and/or office space is required. The southeast corner of the side is limited to non-residential uses.

Lamb Fractional Sub SubDv. ⋅ 34221 Zip Code

Under contract-accepting backup offers. This gorgeous mixed-use development site is situated in the heart of Palmetto, Florida, just steps from the Manatee River. It is minutes from pristine white-sand beaches, cultural destinations, entertainment and shopping. The property is located directly adjacent to ItWorks! corporate headquarters with over 200 employees and across the street from Regatta Pointe Marina, restaurants and shops. This 3.4+/- acre development site is prime for development that could include a boutique hotel, multifamily, office space or residential condominiums with ground floor or adjacent retail and restaurants, all with water views. Due to the site's proximity to the public boat ramp, the CRA is requiring that a developer design and construct boat trailer parking on a portion of the site to accommodate approximately 20-30 boat trailer spaces.The net developable area will end up being approximately 2.5 - 3 acres. Due to the current split zoning on the property, the Expectation is that a rezone to Planned Development Multi-Use (PD-MU) will be required. Residential density on the site has been increased to 153 units through a recently completed City- initiated Comprehensive Plan Amendment that changed the Future Land Use (FLU) to Planned Community (PC). The City of Palmetto and the Palmetto Community Redevelopment Agency are encouraging development in the Downtown Core by incentivizing projects that bring more activity to the area and accentuate this tremendous waterfront location. Development Incentives may amount to 8-12% of the total development cost paid back to the Developer (City Commission has ultimate discretion on Incentives). **PURCHASE REQUIREMENTS - PLEASE NOTE THAT THE PURCHASE OF THIS PROPERTY IS SUBJECT TO THE FOLLOWING REQUIREMENTS AND STIPULATIONS: * Developer must submit proposal that includes Letter of Intent, Conceptual Plan, and Development Proforma in order to be considered. * Approval of the Development Concept by the Palmetto Redevelopment Agency and City Council prior to contract execution, with requirements of Buyer to fulfill development obligations. * Developer is responsible for constructing boat trailer parking on a portion of the site to accommodate approximately 20-30 boat trailer spaces for future public use. *If a residential project is proposed, a mixed use component of retail, restaurant, and/or office space is required. The southeast corner of the side is limited to non-residential uses.

834 Riverside Drive, Palmetto

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