Address
County Rd 675, MYAKKA CITY, FL
Price
$ 750,000
Property Attributes
- MLS#A4553495
- TypeLand
- CountyMANATEE
- CityMYAKKA CITY
- AreaMyakka City
- NeighborhoodPomello City Central Unit
- Zip34251
- Style
- Taxes$ 22
- Price$ 750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.54 Acres
Data Source:
Stellar MLS
Property Description
Incredible development / land-banking opportunity at the eastern edge of fast-growing Lakewood Ranch. Located at the corner of SR 70 and CR 675 in Manatee County with tremendous growth all around, this is your chance to acquire a property that is soon to be in high demand as growth eastward on SR 70 is expected to continue to increase as evidenced by the recent combined traffic count escalations to almost 22,000 cars per day. This intersection is part of Phase 2 in a road widening and development project occurring along SR 70 from Lorraine Road out to CR 675 and is expected to begin construction in the second half of 2024. Included in that project is the widening of SR 70 from 2 lanes to 4 lanes in order to support commuter and freight traffic that has increased in the area over the last few years, as well as the construction of a roundabout at the corner of CR- 675 and SR-70 offering unparalleled visibility, lower traffic speeds, and increased accessibility to the property. In conjunction with the added roundabout, the "off-ramp" from westbound SR-70 onto northbound CR- 675 will be demolished, making this site a true hard corner. Initially the land under the demolished roadway will serve as a buffer to the adjacent properties, however there is potential to have this right-of-way vacated allowing for this for additional land to be added to this development site, making it grow in size and opportunity. The current agricultural zoning of the property allows for commercial uses that support the agricultural community including office, veterinary clinic, equipment sales, pet kennel, and even a Bed & Breakfast. A potential rezoning to Commercial would open the door for a dollar store, general store, gas station, farm store, or other supportive retail uses. Situated at the corner of CR-675 and SR 70, this site is part of a hub allowing access North to South and East to West. CR-675 is a main north- south road that leads up to SR.64 and northwards into the exploding Parrish, Florida area. While SR-70 spans the entire state connecting Bradenton on the west coast, across the state through premium agricultural and farming areas such as Myakka City, Arcadia, Okeechobee, and over to the East Coast in Fort Pierce. As such SR-70 has been recognized by the state of Florida as a Strategic Intermodal System Road as a high priority for transportation throughout the center of the state. Not only is this site at a highly trafficked intersection, but it is also located just outside of Lakewood Ranch. Lakewood Ranch has been recognized as the #2 top-selling master-planned community in the nation and recognized by Manatee County as one of four major growth and focus areas of the County. This site is positioned at the closest main intersection to the high-end Panther Ridge and Pomello Ranches subdivisions, as well as the Concession Golf Club. Other nearby amenities and attractions include The Premier Sports Campus at Lakewood Ranch, TreeUmph! Adventure Course, Bearadise Ranch Bear Preserve, and the location of the Sarasota Medieval Fair which is open throughout the month of November.
| Price History | |
|---|---|
| 11/28/2022 | Listed $750,000 |
| 1/22/2024 | 10% - $675,000 |
General Features
| Sewer | None |
|---|---|
| Utilities | Electrical Nearby,Water Nearby |
| Zoning | A |
| Tax Year | 2021 |
| Current Use | Agricultural |
| Percent Ownership | Fee Simple |
| County | Manatee |
| Property Type | Land |
| Subdivision Name | POMELLO CITY CENTRAL UNIT |
| Status | Active |
| Directions | From Interstate 75 and State Road 70,head east on State Road 70. The property will be on the left at the intersection of State Road 70 and County Road 675. |
| City | MYAKKA CITY |
| Buyer Agent Compensation | 3% |
| MLS Area | 34251 - Myakka City |
| Lot Size Square Feet | 67082 |
| Waterfront Y/N | No |
| Street Name | County Rd 675 |
| Tax Annual Amount | 22 |
| Public Remarks | Incredible development / land-banking opportunity at the eastern edge of fast-growing Lakewood Ranch. Located at the corner of SR 70 and CR 675 in Manatee County with tremendous growth all around,t |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/A4553495 |
| Days on Market | 505 |
| Standard Status | Active |
| Legal Description | THAT PORTION OF THE FOLLOWING LOTS WHICH FALL WITHIN THE INTERSECTION OF S.R. 70 / S.R. 675 AS SHOWN ON F.D.O.T. R/W MAP SEC 13160-2506,LOTS 22 THRU 29 INCLUSIVE,LOTS 66 THRU 70 INCLUSIVE BLK 26,ALL |
| Water Access Y/N | No |
| Water View Y/N | No |
Interior Features
| Living Area Units | Square Feet |
|---|
Exterior Features
| Water Source | None |
|---|---|
| Lot Size Area | 1.54 |
| Lot Dimensions | 304 x 200 |
| Lot Size Acres | 1.54 |
| Road Surface Type | Asphalt |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 34251
Price
Taxes
Visits
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 11, 2024 9:44 AM UTC
