Waterfront Development Opportunity on Palma Sola Bay | 1.47± Acres | Marina & Boating Potential Rare waterfront development opportunity offering approximately 1.47± acres directly on Palma Sola Bay with potential marina and boating access opportunities (subject to approvals). Property is zoned R-3 High Density Multi-Family, which may allow up to 22 residential units and building heights up to 45 feet (3–4 stories), subject to buyer verification and governmental approvals. The property may be suitable for multiple residential development concepts, including waterfront residences, boutique condominiums, townhomes, or a private boating-oriented enclave. Conceptual plans have explored approximately 8 waterfront homes ranging from roughly 3,000–3,500 SF with opportunities for private pools, rooftop terraces, and marina access, subject to approvals. Located along Manatee Avenue West, just minutes from Anna Maria Island beaches, waterfront dining, shopping, and Gulf Coast attractions. Boaters may enjoy convenient access to the Intracoastal Waterway and Gulf of Mexico. Buyer to verify all zoning, density, marina approvals, environmental conditions, development feasibility, and intended use.
Berkshire Hathaway HomeServices
Florida Realty
3192 Fruitville Rd, Sarasota, FL 34237
Listing Broker: DOUGLAS ELLIMAN
Last Changed: Tuesday 19th of May 2026 03:37:09 PM
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