Listing Details for MLS # A4688601
2405 N Rye Road, Parrish, Fl 34219

Residential Property - Single Family Residence in Parrish

Listing Price: $2,999,780

Description of Property

This is a rare 40-acre contiguous parcel positioned in the direct path of the most aggressive growth corridor in Southwest Florida. Located on Rye Road in unincorporated Parrish, the property sits at the convergence of multiple catalytic infrastructure investments, including road widenings, hospital construction, a new state college campus, and the Parrish Area Improvement District (TIF). With over 103,000 residential units approved countywide and approximately 45,000 designated for East County, the Rye Road corridor is the spine of Manatee County’s eastward expansion. This property offers a commanding position for residential subdivision development, mixed-use planned development, agritourism, equestrian estate conversion, or strategic land banking during the current infrastructure buildout. The parcel is currently improved with a 2,182 SF custom-built residence (2014), a detached outbuilding, and a pole barn. These existing improvements offer a functional foundation for a buyer while navigating the rezoning, land banking, or development process. The existing A/General Agriculture zoning provides a clean slate for planned development rezoning, consistent with the trajectory of neighboring properties along the corridor.The average asking price for a 2 bedroom/2 bath single family residence in this Zip code is $552,634. This single family residence is listed at about 543% of the average asking price. This is the only 2 bedroom/2 bath single family residence between $2,600,000 and $3,400,000 currently listed for sale in this Zip code.