This residential development site, located in rapidly-growing northern Manatee County is on Moccasin Wallow Road between US-41 to the west and Interstate 75 to the east. Its central location makes it a short drive to downtown St. Petersburg and Tampa to the north and Bradenton, Lakewood Ranch and Sarasota to the south.
The 13+/- acre site is ideal for a 64 unit townhome site, small apartment project, or a build-for-rent community. It's possible that the site could be rezoned for up to 78 units with a rezone to Planned Development-Residential. This is one of the fastest growing areas of Manatee County with over 23,000 residential units approved or under construction. The site is in close proximity to a Circle K and 7-Eleven convenience store, Dollar General, a new Publix shopping center, a brewery and other restaurants.
3105 Moccasin Wallow ROAD, Palmetto, FL, 34221
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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