Palmetto Tower

Investment Overview

Palmetto Tower is an excellent opportunity to own a signature property in the heart of downtown Palmetto. It gives an owner a chance to establish a flagship location while also holding long-term redevelopment value. Offered at $6,000,000, the 3.54 acre assemblage includes a five-story, 46,145 RSF office building, a separate 5,192 RSF building and a vacant parcel across 5th Street. Property Highlights: • Palmetto Tower: A recognizable multi-story office building with functional floorplans, existing infrastructure, and excellent visibility along 8th Avenue West. • Excess Land & Vacant Parcel: The main property has plenty of room for expansion and included in the sale is a vacant parcel across 5th St. Combined, they provide flexibility for expansion, new construction or additional parking. • Strategic Location: Centrally positioned in downtown Palmetto, just minutes from the Bradenton Riverwalk, US-41, and I-275, offering easy access to Sarasota, Manatee and Pinellas Counties. • Prominent Visibility: High-traffic corridor with strong local presence—ideal for professional offices, medical practices, or corporate headquarters. • Future Value: While perfect for immediate occupancy, the combination of the tower and excess land creates significant potential for mixed-use or future commercial redevelopment. The property is an excellent match for either an investor or an owner-user seeking a strong presence in a growing market with room to expand and the security of long-term redevelopment upside.

Investment Highlights

• Five Story Office Tower, additional building and vacant land.
• Excellent occupancy history.
• Flexible floorplans accomodate a variety of professional tenants
• Strategic location with high visibility in downtown Palmetto
• Opportunity for investor or owner user.