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.
• Tours by Appointment Only Dreznin Pappas Commercial Real Estate, LLC (DPCRE) is excited 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 a 50% 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 - 2022
• 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