Here are the biggest real estate deals near Bradenton in 2022: Amazon, DeSoto and more
For the second year, a Lakewood Ranch apartment complex topped the list of largest property transactions in Manatee County during 2022.
Topping the list this year was Summerhouse Apartments, 11716 18th Place E., selling for $107,725,000. Rents at the 257-unit complex range from $1,816 to $2,601.
A Madison, N. J., company sold the property to Lakewood Ranch Apartments LLC of Chicago, according to filings with the Manatee County Clerk of Courts Office.
This year’s largest transaction leapfrogged past 2021’s largest: the $76.3 million brought by Creekside Ranch Apartments, 11309 Ranch Creek Terrace, Lakewood Ranch.
The largest sales during 2022 were diverse, including raw land, mobile home parks, a defunct shopping center, and more:
▪ The 248-unit Tradition at Palm Aire luxury apartments, 8445 Garden Circle, sold for $73,055,000. Penler de Palm Aire Owner LLC of Atlanta sold to Palm Aire Owner LLC of Atlanta.
▪ Country Lakes Villages, a 55-plus active living manufactured home community of about 470 homes at 6100 Bayshore Road, Palmetto, sold for $69,914,917. Seller was Country Lakes Co-op Inc. of Palmetto. The buyer was CS1031 Country Lakes Village MHC, DST of Glen Allen, Va.
▪ The 180-unit Point at Bella Grove apartments, 3415 Broadway Ave., southern Manatee County, sold for $64,685,000. Seller was Bella Grove LLC Sarasota of Milwaukee, Wisc. The buyer was 8310 Bella Grove Cir Group, Englewood, Colo.
▪ The 331,241-square foot Amazon distribution center on 44 acres at 2200 Tallevast Road sold for $59,178,212. Seller was Manatee County Property Owner LLC of Minneapolis. The buyer was CPUS Sarasota LP of Atlanta.
▪ WSI Land Holdings of Irvine, Calif., sold 400 acres at 6606 11th Lane East, west of Interstate 75 and south of Buckeye Road, to Lennar Homes LLC of Tampa for $56,100,000.
▪ Lennar Homes LLC of Tampa, sold 400 acres at 6606 11th Lane East, west of Interstate 75 and south of Buckeye Road, to DRP FL 6 LLC of New York, N.Y., for $56,100,000.
▪ BMG Riverwalk I LLC of Tampa sold several Bradenton properties to 360 11th Street Owner LLC of Tampa for $52,571,298. Those properties included 252 residential units at 1024 Third Ave. E., 48 residential units at 1219 Fourth Ave. E., and .2 of an acre at 1118 Fourth Ave. E.
▪ McClure Properties Ltd. of Palmetto sold 1,900 acres east of I-75 on Moccasin Wallow Road for $39,500,000 to EPG Moccasin Wallow development of Tampa. The Eisenhower Property Group is planning 4,000 single-family residences and 600 multifamily units there in a development called Oakfield. Home sales are slated to begin in late 2023.
▪ Florida Land Management of Tampa sold 603 acres at 7205 Moccasin Wallow Road to Hawk Parrish Lakes LLC of Tampa for $37,821,900. Seller FLM in 2017 filed paperwork with Manatee County Building Services for the long-stalled Parrish Lakes project. Envisioned in that project are 3,300 homes and 400,000 square feet of retail and office space on a 1,150-acre site between Moccasin Wallow Road and Erie Road.
▪ Thirty one acres of the Creekwood Crossing shopping center, 7365 55nd Place E., sold for $35 million. The property includes 1.3 million square feet under roof. Buyer was Suso 5 Creekwood LP of Chicago. Seller was DDRM Creekwood Crossing of Beachwood, Ohio. One of the anchors of the shopping center is a Bealls department store.
▪ The Preserve at Manatee Bay, a 152-unit apartment complex at 5901 2th Ave. W., Bradenton, sold for $33,500,000. Buyer was WGA Legacy Properties LLC of Houston. Seller was Latitude Manatee LLC of Beverly Hills, Calif.
▪ The 187-unit Windmill Village Mobile Home Park, 603 63rd Ave. W., Bradenton, sold for $30,107,000. Buyer was Bayshore Windmill MHC, LLC of Farmington Hills, Mich. Seller was Bayshore Windmill Village of Tampa.
▪ Meritage Homes of Tampa paid $28,589,000 for 238 acres at 13704 Cattail Branch Road, Parrish, between State Road 62 and County Road 675. Seller was Gamble Creek Holdings LLC of Belleair, Fla.
▪ Plantation Village Owner LLC of Washington, D.C., paid $27,990,000 for 162 residential units at 211 63rd Ave. W., Bradenton, and 182 units at 281 Apricot St., Bradenton. The seller was Plantation Village Co-op of Bradenton.
▪ RY Avalon Village LLC of Seattle, Wash., paid $26,750,000 for the 154-unit Avalon Square Apartments at 3506 14th St. W., Bradenton. Seller was Avalon Square Holdings of Miami.
▪ The Hampton Inn and Suites, 309 Tenth St. W., Bradenton, sold for $26 million. Buyer was NHT Bradenton LLC of Dallas, Texas. Seller was Widewaters Bradenton of East Syracuse, N.Y.
▪ DeSoto Square Mall, 303 301 Blvd. W., Bradenton, sold for $25,700,000. Buyer Charles Jones of Nashville, Tenn., plans to redevelop the property as residences. Seller was RIC DeSoto LLC of Toronto, Canada.
▪ Stone River Retirement Community, 7360 55th Ave. E., Bradenton, in the Tara community, sold for $24,803,000. Buyer was WSL-Stone River LLC of Greenwich, Conn. Seller was Stone River Retirement Community LLC of Lincoln, Neb.
▪ A commercial parcel at 4000 18th St. W., Bradenton, sold for $24,175,176. Buyer was KRI Landings at Crystal Cove LLC of Northfield, Ohio. Seller was Belmont Park Apartments Bradenton LLC of Brookyn, N.Y.
