✅ PROPERTY DETAILS ✅

Bradenton, FL – The Point Mixed-Use Development Opportunity

Deal Overview

Property type: Mixed-use development

Total land: 9.09 acres (4.43 acres upland usable)

Three components:

2.49 acres entitled for 36 multifamily units over parking

1.94 acres entitled for 84,697 SF 4-story self-storage facility

Entitled rights to construct 36 wet boat slips on the Braden River

Zoning: PDMU (Planned Development Mixed Use)

Utilities: County water and sewer available

Flood Zone: Mostly X (minimal risk), adjacent to Braden River

Access: Direct frontage on State Road 70 (SR 70)

As-Is Appraised Valuation (June 2025)

Residential land (36 units): $2,700,000

Self-storage parcel: $2,540,000

Boat slips (entitled): $2,200,000

Total As-Is Valuation: $7,440,000

As-Complete Residential Value (incl. slips): $18,500,000

Entitlements Included

Site plan approval for all components

Full utility access confirmed

Zoning and density approvals in place

Permits and tie-ins for wet boat slips approved

No red tape or delays — ready for immediate construction

Target Exit Strategies

Flip residential site at $3.24M ($90K/unit)

Sell self-storage pad for $2.8M–$3.2M

Sell or operate wet boat slips at $75K per slip ARV

Assign entitlements or joint venture with builders/operators

Build-to-rent and hold for long-term equity growth

Buyer Profiles by Component

Multifamily: Build-to-rent developers, multifamily funds

Storage: Storage REITs, regional or national operators

Marina: Hospitality groups, boutique condo or resort developers

Location Highlights

Less than 1 mile west of Interstate 75

5 miles to Highway 41

Adjacent to established residential neighborhoods and commercial plazas

High traffic visibility along SR 70

Minutes from Lakewood Ranch, Downtown Bradenton, and Sarasota