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$1,100,000

Active

320 Bayshore Dr, Palmetto, FL 34221

2,826 sq ft

Listing courtesy of HOT FLORIDA REAL ESTATE Β· MLS# P4940224

Listed today

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this property

RARE WATERFRONT COMMERCIAL OPPORTUNITY β€” 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 β€’ NEAR MAJOR INTERSTATES β€’ EXISTING BUILDING β€’ 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!

Facts

Property type
Mixed Use
Year built
1965
Waterfront
Yes Β· 165 ft
Water access
Bay/Harbor
Water view
Yes
Flood zone
AE, X
Annual taxes
$9,014/yr
Listed
Oct 20, 2026
MLS #
P4940224

Commercial details

Building & site

Building size
3,122 SF
Lot size
1 acres (43,598 SF)
Road frontage
169 ft Β· County Road
Buildings
1
Occupancy
Tenant-occupied

Investor metrics

Price per SF (MLS)
$352.34/SF

As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β€” confirm with the listing broker before relying on them. We never estimate a cap rate.

Take a tour

Pick a day that suits you β€” a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

320 Bayshore Dr, Palmetto, FL 34221

Listing courtesy of HOT FLORIDA REAL ESTATE Β· MLS# P4940224 Β· Active

How would you like to see it?
Which day?
What time of day?

In person Β· Fri, Oct 23 Β· Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this property is

Opens on aerial β€” on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Similar properties

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 22, 2026, 4:44 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. Β· [email protected]