$1,100,000
About this home
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!
Highlights
Property details
- MLS
- Stellar MLS
- MLS #
- MFRP4940224
- Property type
- Mixed Use
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- October 22, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 1 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 804
- Student:teacher ratio
- 16.8:1
- District
- MANATEE
- Enrollment
- 307
- Student:teacher ratio
- 14.6:1
- District
- MANATEE
- Enrollment
- 1,984
- Student:teacher ratio
- 22.5:1
- District
- MANATEE
Walkability
Blended score for PALMETTO's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in PALMETTO, from live MLS data.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 14 hr ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.