$1,500,000
$3M PRICE DROP

710 54th St E Palmetto, FL 34221

Estimated payment $9,344/month

Total Views 11,257
21.1 Acres
$71,090 Price per Acre
919,116 Sq Ft Lot

About This Lot

21.1 Acre Fully Entitled Townhome Development Site in Manatee County, FL Approved for 146 Units

Now available: Mariposa, a fully entitled 21.1 acre residential development site in Manatee County, Florida, approved for 146 townhomes. This shovel-ready opportunity is ideal for builders looking to deliver in one of Southwest Floridas most active housing markets. The site has all key approvals in place, including zoning, ERP, and Preliminary Site Plan (PSP) approval, with entitlements secured through February 2, 2028.

The current site plan allows for 146 units at 20' wide by 93' deep, providing flexibility for both for-sale and build-to-rent developers. Zoned PD-R with a future land use designation of RES-9 and ROR, the property supports a high-density residential product in a location that is well-connected to surrounding employment and retail hubs.

The site is heavily wooded and features a natural creek running through the middle, offering a unique opportunity to design around open space and preserve areas. It is currently below street grade and fenced, with all due diligence materials available for review upon execution of a Purchase and Sale Agreement.

Location Highlights:

Address: 710 54th Court E, Manatee County, FL

Situated just west of US-41 and Bayshore Road

Convenient access to Sarasota, St. Petersburg, and Tampa

Minutes to job centers, schools, and retail amenities

Excellent infill site in a supply-constrained market

Development Summary:

Size: 21.1 Acres

Zoning: PD-R (Approved for up to 150 units; site plan for 146)

Product: 20 x 93 townhomes

Future Land Use: RES-9, ROR

Approvals: Zoning, ERP, PSP (through Feb 2028)

Parcel ID: 2247100007

Price: $1,500,000

Mariposa offers the rare combination of location, entitlements, and affordabilityready for immediate development in one of Floridas most in-demand residential markets. Contact us today for due diligence access and to schedule a site tour.

Listing Agent

William Eshenbaugh

Eshenbaugh Land Company Listed on: 11/05/2020

Listing Provided By

Property Details

Property Type

  • Land

Property Details

Property Type

Land

Listing Details

  • Office Phone: 941-588-3058
  • Listing Website: https://www.land.com/property/710-54th-ct-e-palmetto-florida-34221/9314839/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2026 01/03/26 For Sale $1,500,000 0.0% --
09/17/2025 09/17/25 Off Market $1,500,000 -- --
06/05/2025 06/05/25 Price Changed $1,500,000 -65.8% --
11/05/2020 11/05/20 For Sale $4,380,000 -- --