See Home Value
$754,831*
Commercial - Off Market

711 US HIGHWAY 301

PALMETTO, FL 34221
bedrooms
Studio
bathrooms
0 Bath
square feet
1134 Sqft
$675,000 - $823,000
Reference Base Price*
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

US301/41 Corner Ripe for Redevelopment! EXCITING MATERIAL FACT TO REPORT: Across the street from subject property, next to the Bradenton Area Convention Center, a new eight-story 251 unit Sheraton hotel construction is breaking ground (just rec'd $1.5MM grant Jan 2020)! Proposed $15MM in convention center upgrades too! Ask your Realtor about the news article in Realtor remarks section! Amazing Commercial Location with approx 200' of rare frontage on US HWY 301 / U.S. Hwy 41! Steps away from the Bradenton Area Convention Center, Desoto Bridge & luxury high rise condos. Situated at the NW corner traffic light intersection of US HWY 301 / U.S. Hwy 41 & 7th St West. FDOT expects the 64,500 vehicles using the Desoto Bridge daily to increase to 102,000 by 2040. Many commercial & retail possibilities available for this property. Land for sale is only .60 acres, however, 1.63 acres are available with purchase of adjacent land. Adjacent parcel on 7th Street West listed for sale at $629,000. Zoned CG Business and Light Commercial: This zoning allows a variety of retail and commercial service activities to be conducted compatible with surrounding uses and residential district. Permitted uses may include gas station, convenience store, restaurant, liquor store, business office center, church, auto or boat sales, lodging for hotel/motel, etc. The property is also located in Palmetto's Redevelopment Zone so commercial incentive may be available through the Palmetto CRA. See attached for Palmetto's 2016-2020 CRA Plan.

The manager has listed the unit size as 1134 square feet.
Unit Size
1,134Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$660
Property Type
Commercial
Property Taxes
$403
HOA Dues
-
Year Built
1965

Price History

Date / Event Date Event Price
May 24, 2022 No longer available -
No longer available
Jun 24, 2021 Relisted $749,000
Relisted
Jun 12, 2021 No longer available -
No longer available
May 7, 2019 Relisted $749,000
Relisted
Apr 10, 2019 No longer available -
No longer available
Show More

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,689 ft²
$391/ft²
$660,000 Aug 17, 2023
$660,000 Nov 17, 2023
$670/mo
Condo
2 Beds
2 Baths
1,847 ft²
$341/ft²
$630,000 Oct 19, 2023
$630,000 Nov 22, 2023
$2,033/mo
Condo
2 Beds
2 Baths
1,978 ft²
$319/ft²
$630,000 Oct 5, 2023
$630,000 Dec 15, 2023
$1,982/mo
Condo
2 Beds
3 Baths
2,167 ft²
$277/ft²
$599,900 Aug 29, 2023
$599,900 Nov 1, 2023
$2,100/mo
House
4 Beds
3 Baths
2,939 ft²
$293/ft²
$860,000 Aug 26, 2021
$860,000 Oct 15, 2021
$981/mo
Condo
2 Beds
2 Baths
1,750 ft²
$374/ft²
$655,000 Feb 29, 2024
-
$1,973/mo
House
3 Beds
2 Baths
2,069 ft²
$333/ft²
$690,000 Sep 1, 2023
-
$1,034/mo
Condo
3 Beds
2 Baths
2,115 ft²
$324/ft²
$685,000 Nov 13, 2023
-
$645/mo
Condo
3 Beds
2 Baths
2,225 ft²
$303/ft²
$675,000 Feb 28, 2024
-
$1,834/mo
House
5 Beds
3 Baths
2,704 ft²
$273/ft²
$739,000 Jan 26, 2023
-
$742/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180715
07/15/2018
Loft
-
1134 ft²
-
bedrooms
Loft
bathrooms
-
square feet
1134 ft²
-
-
-
Wes Eaves
LIKE IT REALTY

Building Info

711 U.S. 301 711 U.S. 301, Palmetto, FL 34221
More about this Building
711 U.S. 301
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About Palmetto


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