Investment Highlights

• Manatee Harmony may be the perfect new home for a Hospital, School, Office Headquarters, Governmental use, Religious Institution, Living Facility or just about any other use, peripheral to those opportunities.
• Ownership has recently completed an arduous and expensive process of obtaining approval of a hurricane evacuation plan, utility plan, civil plan, and the coup de grace, the final site plan, which I have a copy of and can share once we connect and discuss.
• Tours by Appointment Only Dreznin Pappas Commercial Real Estate, LLC (DPCRE) is proud to present an opportunity for the right buyer to acquire Harmony Palms, a promising two-story assisted living facility boasting 90 beds along with a dedicated secured memory care wing. While the construction of this two-story structure remains incomplete, significant progress has been made, with the outer walls, roof, windows, inner wall framework, wiring, and plumbing all fully installed, bringing the building to an approximate 70% completion rate.
• Ownership is open to negotiations and will entertain most reasonable offers, seriously. Despite its current state of pause, the construction hiatus stems from non-property-related issues with the previous developer, rendering the asset unoccupied. This unique circumstance presents investors with a rare chance to take charge, finalize the remaining development, and transform this property into a thriving asset, all at a price reflective of its current inactive status.
• LUC Description: Vacant Commercial (1555) Zoning: GC - General Commercial District (GC). The purpose of this district is to provide for a variety of retail use and services in free-standing parcels or shopping centers to serve the community's general commercial needs. This district may also facilitate attached dwellings, multifamily residential, and mixed-use (including multi-family residential). Overlays: CEA,CHH,CPA
• The vision moving forward offers a plethora of options with a blessing from Manatee County of course. Living Facility Motel / Hotel School Medical usage (Hospital, Long Term care, emergency, etc) Housing Religious
• In place data 56 assisted living beds (45 one-bed, 11 two-bed) 34 memory care beds (33 one-bed, 1 two-bed) Square Footage - 45,324 Units - 79 Year Built - 2019
• Future land use - R/O/R (Retail/Office/ Residential) Includes - CON, RSF-3, RSF-4.5, RSF-6, RSF-9, RSMH-6, RVP, RDD-3, RDD-4.5, RMF-6, RMF-9, RMF-12, RMF-16, NC-S, NC-M, GC, HC, MX, PR-S, PR-M, MP-I