77th St E

Located at the intersection of Buffalo Rd & 77th St E in Palmetto, FLIan Black Real Estate is pleased to be selected as the exclusive listing broker for this unique infill development opportunity. Prince Farm is offering to sell a portion of their excess land located in Parish close to the intersection of I-75 and Moccasin Wallow Road. With easy access to Sarasota, Bradenton, St. Pete and Tampa this opportunity benefits from strong population growth in an expanding multi-family market. The Seller will entertain offers from well qualified multi-family developers. Land Use and Process The property is located at the SE corner of Buffalo Rd and 77th street. The owner has interest in selling approximately 16.59 acres of land to build 291 multi-family units. Development The property is currently zoned AG (Agricultural) and the Future Land Use designation is RES-6. The Seller owns a total of 50 acres and will transfer 291 units to the subject property which consist of 16.59 acres. The property will require a rezone. A conceptual plan showing the potential project and required acerage has been provided herein. Buyer Responsibility The Seller operates Prince Farm, a World Class champion Breeding, Halter and Performance Horse operation. Prince Farm have raised and shown some of the top halter and performance horses in the industry. It is important for the Buyer to work with the Seller as it relates to creating a buffer between the multi-family development and the Farm.