320 BAYSHORE DRIVE Palmetto, FL $ 1,100,000
320 BAYSHORE DRIVE
$ 1,100,000
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320 BAYSHORE DRIVE

Palmetto, FL, 34221
$ 1,100,000
Bedrooms-- Baths-- Sq 2,826

Monthly Estimate*

$ 7,597

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Commercial Property for sale in Palmetto, FL

for $1,100,000. This 2,826 square foot building was built in 1965 on a lot size of 1.

RARE WATERFRONT COMMERCIAL OPPORTUNITY — NEAR I-75 & I-275 | TERRA CEIA BAY | PALMETTO, FLORIDA! Discover an exceptional opportunity to acquire approximately 0.95 acres of waterfront property along beautiful Terra Ceia Bay, strategically located near the I-75 and I-275 interchange in northern Manatee County! Situated at 320 Bayshore Drive, this unique property combines a highly desirable waterfront setting with convenient access to major transportation corridors serving Tampa, St. Petersburg, Bradenton, Sarasota, and the surrounding Gulf Coast region. The property features an existing 2,826-square-foot building with 3,122 square feet under roof, offering potential for renovation, adaptive reuse, or future redevelopment. The building requires repairs and updating, allowing a new owner to evaluate improvements and customize the property to suit their intended use. LOCATION IS A MAJOR ADVANTAGE! Positioned just off the US 19 corridor and near the interstate junction, this property offers convenient regional connectivity while maintaining the appeal of a scenic waterfront setting. Mature trees, established surroundings, and frontage along Terra Ceia Bay add character to this distinctive property. Whether you're an investor seeking a unique waterfront asset, a business owner exploring a potential commercial location, or a developer evaluating future opportunities, this property offers flexibility and possibilities worth investigating. WATERFRONT LOCATION • NEAR MAJOR INTERSTATES • EXISTING BUILDING • RENOVATION & REDEVELOPMENT POTENTIAL! Property is offered with existing improvements in need of renovation. Commercial uses, redevelopment opportunities, and improvements are subject to verification of zoning, permitting, environmental requirements, and governmental approvals. Additional property photographs and information are available upon request. Explore the potential of this distinctive Terra Ceia Bay waterfront property!

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Commercial Active

Price

$ 1,100,000

Property Type

Commercial

Taxes

$ 9,014

Style

Mixed Use

Lot Size

1

Year Built

1965

Town/City

Palmetto

County/Region

Manatee

MLS | Web ID

P4940224

Features
General
Cooling Central Air
Roof Shingle
Garage Spaces 0
Construction Materials Block
Year Built 1965
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Waterfront Features Bay/Harbor
County Manatee
New Construction false
Property Type Commercial Sale
Status Active
Directions US 19 North to Bayshore Drive turn right and the first property is on the left.
City PALMETTO
Body of Water TERRA CEIA BAY
MLS Area 34221 - Palmetto/Rubonia
Lot Size Units Acres
Lot Size Square Feet 43598
Carport Spaces 0
Tax Annual Amount 9014
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/P4940224
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot C
Legal Description PARCEL C: A PARCEL OF LAND LYING AND BEING IN SEC 26 & 35 TWN 33S RNG 17E MANATEE COUNTY FL BEING DESC AS FOLLOWS: COM AT THE NE COR OF THE E 1/2 OF THE E 1/2 OF THE SE 1/4 OF THE SW 1/4 OF SD SEC 26; TH S 00 DEG 43 MIN 02 SEC W ALG THE E LN OF SD E 1/2 OF THE E 1/2 OF THE SE 1/4 OF THE SW 1/4 A DIST OF 1194.98 FT FOR A POB; TH S 49 DEG 33 MIN 15 SEC E 379.90 FT M/L TO A PT ON THE APPROX MHWL OF TERRA CEIA BAY; TH SWLY ALG SD MHWL THE FOLLOWING 3 COURSES AND DIST: (1) S 31 DEG 26 MIN 36 SEC W 58.77 FT M/L; (2) S 18 DEG 30 MIN 42 SEC W 69.50 F M/L; (3) S 40 DEG 23 MIN 36 SEC W 35.88 FT M/L; TH LEAVING SD APPROX MHWL N 43 DEG 26 MIN 58 SEC W 312.88 FT M/L TO A PT ON THE SLY EXT OF THE AFOREMENTIONED E LN OF THE E 1/2 OF THE E 1/2 OF THE [REPLACE "NE 1/4 OF NW 1/4" WITH SE 1/4 OF SW 1/4"]; TH N 00 DEG 43 MIN 02 SEC E ALG SD EXT AND SD E LN A DIST OF 162.69 FT TO THE POB; LESS R/W FOR BAYSHORE DR. (INST#202241073908) PI #21997.0035/9
Water View Bay/Harbor - Partial
Water Access Type Bay/Harbor
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE X
Flood Zone Code X Y
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Interior
Air Conditioning Y/N true
Total Baths 0
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Exterior
Lot Size Area 1.0009
Foundation Details Other
Number of Buildings 1
Building Area Total 3122
Lot Size Acres 1
Road Surface Type Asphalt
Waterfront Y/N true
Covered Spaces 0
Road Frontage Type County Road
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* Excluded Features
List By
Hot Florida Real Estate

Broker

colon@hardeerealestate.com

Email

Affordability Calculator

$8,349
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,597
Monthly Property Taxes
$751
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2026$1,100,000 Listed Price

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320 BAYSHORE DRIVE, Palmetto, FL, 34221 is a Commercial Property for sale at $1,100,000 with 2,826 sqft and a lot size of 1. 320 BAYSHORE DRIVE was built in 1965. The property's zip code is 34221 which is in Palmetto, FL