INVESTOR & BUILDER OPPORTUNITY – TWO ORIGINALLY PLATTED RESIDENTIAL LOTS WITH REDEVELOPMENT POTENTIAL! Rare opportunity to acquire an approximately 0.28-acre residential property consisting of two originally platted lots in an established Bradenton neighborhood! Located at 703 36th Street W, this property includes an existing single-family residence and offers significant flexibility for investors, builders, and buyers seeking renovation or new-construction opportunities. The property consists of Lots 161 and 162, each measuring approximately 51 feet wide by 120 feet deep (6,120 square feet per lot), for a combined land area of approximately 12,240 square feet. Although the lots are currently combined under one parcel identification, they were originally established as two separate platted lots. Extensive preliminary due diligence has already been performed regarding the property's subdivision and redevelopment potential. Discussions with the local planning department have identified the property's R-6 residential zoning and the potential applicability of Land Development Code Section 107.8, which addresses qualifying previously platted lots of record. Based on preliminary feedback from planning staff, the two original lots may qualify for recognition under these provisions notwithstanding their dimensions relative to current standard lot requirements. This creates a potentially valuable opportunity to reestablish the original two-lot configuration without pursuing a conventional new subdivision, subject to the applicable review and approval process. Survey documentation is available, including a survey showing the existing property boundaries and improvements, together with a proposed survey depicting the two individual lots. These documents provide prospective buyers and builders with a starting point for evaluating the property's layout and redevelopment potential. The property offers several investment strategies: renovate the existing residence and enjoy the benefits of an oversized residential parcel; renovate the home and explore the possibility of constructing an accessory dwelling unit (ADU), subject to applicable requirements; or demolish the existing structure and pursue development of two new single-family residences, one on each originally platted lot, subject to governmental approvals and permitting.
Listing courtesy of FINE PROPERTIES. 941-782-0000
StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on