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The subject property is the remaining portion of the Harbour Isle Community development project at the northern end of the peninsula. The project is a world class community with in-place amenities including a community beach club recreation center containing a fitness center, meeting space, private dining/bar, a kayak launch, lap pool, manicured landscaping and a vast nature trail surrounding the tranquil community lake. Additionally, there are a Compass Hotel, Floridays Restaurant, and Safe Harbor wet/dry slip marina located just outside the gates of the development. Located along Manatee Ave. W. and just minutes from the public beach, the remaining parcel is a fully waterfront pad with expansive views reaching out to the Skyway Bridge. The remaining phase consists of 3 parcels totaling 18.90 buildable acres. The road to the site has been graded but not yet paved. The existing project already consists of 411 low rise townhomes along the spine with short term rentals beside the marina and is ready for someone to finish building this third phase. The Seller is looking for the right Buyer/Developer to finish the project with a mixture of high-end condos, townhomes or single family residences.Please note the following buying terms to be included in an LOI:(i) Buyer's intended use for the property(ii) assumption/payment of contingent fee obligations owed to Hayden Lane(iii) assumption of declarant rights under Master Declaration and control over Beach Club and other common areas and amenities (as is, where-is, without recourse back to Minto)(iv) construction of Martinique Drive extension; and (v) property will be added to Master HOA.
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