- Multi Family, Residential Income
- 6
- 5
- 8
- 7968 Sqft
- 1.32 Acres
- 1998
Address
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Address: 2424 BAY DRIVE
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City: Bradenton
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State/county: FL
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Zip/Postal Code: 34207
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Area: TREETOPS BAY CONDO
Description
One or more photo(s) has been virtually staged. Income-Producing Property with Full Development Plans & Permits Ready
Invest in one of Southwest Florida’s most sought-after waterfront corridors—Sarasota-Bradenton, where luxury new construction and high-end townhome developments are in record demand. This prime corner bayfront lot offers both immediate rental income and exceptional redevelopment potential, making it a rare find for real estate investors and developers seeking a fast-track project with all approvals in place.
Property Highlights
Premier Waterfront Location – Bay frontage with an 18-ft-deep canal providing direct boating access to Sarasota Bay
Development-Ready – Includes approved permits, architectural plans, and professional renderings
Project Scope – Plans call for three boutique buildings, each featuring two luxury waterfront townhomes
Private Dockage – Four existing docks with the potential to add up to five more
Turnkey Income – Two existing waterfront townhomes currently generating rental income for immediate cash flow
Investment Appeal
Fast-Track Development – Save time and costs with permits and designs already completed
Rare Bayfront Lot – Corner site offering panoramic water views and deep-water access
Strong ROI Potential – Luxury townhomes in this area sell pre-construction at premium price points
Zoned, Designed, and Ready to Build – Ideal for builders, developers, and real estate investment groups
Why Sarasota-Bradenton?
Located in one of Florida’s fastest-growing coastal markets, Sarasota-Bradenton attracts affluent buyers seeking modern waterfront living, boating access, and proximity to beaches, dining, and culture. Investor demand and low inventory continue to drive strong appreciation and rental performance across the region.
Details
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Property ID A4648852
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Price $4,300,000.00
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Property Size 7968 sqft
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Land Area 1.32 sqft
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Bedrooms 6
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Bathrooms 5
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Garages 8
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Garage Size x x
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Year Built 1998
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Type Multi Family, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash,Conventional,Owner Financing
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Roof Metal
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Utilities Cable Available,Electricity Connected,Sewer Connected,Water Connected
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Sewer Public Sewer
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Cooling Central Air
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Heating Central,Electric
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Flooring Carpet,Ceramic Tile,Laminate
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County Manatee
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Property Type Residential Income
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Parking Circular Driveway,Driveway,Garage Door Opener,Golf Cart Garage,Golf Cart Parking,Ground Level,Guest,Open,Oversized,Tandem,Basement
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Elementary School Bayshore Elementary
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Middle School Electa Arcotte Lee Magnet
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High School Bayshore High
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Community Features Association Recreation - Lease
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Waterfront Bay/Harbor
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